Q3 Earnings Estimate for SPHR Issued By Seaport Res Ptn

Sphere Entertainment Co. (NYSE:SPHR) – Research analysts at Seaport Res Ptn issued their Q3 2026 earnings per share (EPS) estimates for Sphere Entertainment in a research note issued to investors on Monday, March 3rd. Seaport Res Ptn analyst D. Joyce expects that the company will earn ($1.68) per share for the quarter. The consensus estimate for Sphere Entertainment’s current full-year earnings is ($11.47) per share. Seaport Res Ptn also issued estimates for Sphere Entertainment’s Q4 2026 earnings at ($2.15) EPS, Q1 2027 earnings at ($2.61) EPS and Q2 2027 earnings at ($1.29) EPS.

Other equities research analysts have also issued reports about the stock. Morgan Stanley cut their price objective on shares of Sphere Entertainment from $45.00 to $44.00 and set an “equal weight” rating for the company in a report on Monday, November 11th. Guggenheim reduced their price target on shares of Sphere Entertainment from $49.00 to $48.00 and set a “buy” rating on the stock in a report on Tuesday, November 12th. Macquarie dropped their price objective on shares of Sphere Entertainment from $47.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. reduced their target price on Sphere Entertainment from $57.00 to $54.00 and set an “overweight” rating on the stock in a report on Tuesday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $47.38.

Sphere Entertainment Stock Down 0.1 %

Shares of SPHR opened at $37.66 on Wednesday. The business’s 50 day moving average is $43.52 and its 200 day moving average is $43.06. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.23. Sphere Entertainment has a 12-month low of $32.10 and a 12-month high of $51.83. The company has a market capitalization of $1.33 billion, a PE ratio of -3.59 and a beta of 1.39.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SPHR. Ariel Investments LLC lifted its stake in shares of Sphere Entertainment by 7.4% in the 4th quarter. Ariel Investments LLC now owns 5,744,192 shares of the company’s stock valued at $231,606,000 after purchasing an additional 394,050 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Sphere Entertainment by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 2,794,862 shares of the company’s stock worth $112,689,000 after acquiring an additional 29,402 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Sphere Entertainment by 0.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,465,363 shares of the company’s stock valued at $59,084,000 after acquiring an additional 9,837 shares during the period. Geode Capital Management LLC grew its position in Sphere Entertainment by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 938,463 shares of the company’s stock valued at $39,921,000 after acquiring an additional 24,772 shares during the last quarter. Finally, Steadfast Capital Management LP lifted its position in shares of Sphere Entertainment by 183.8% during the fourth quarter. Steadfast Capital Management LP now owns 926,100 shares of the company’s stock worth $37,340,000 after purchasing an additional 599,800 shares during the last quarter. Hedge funds and other institutional investors own 92.03% of the company’s stock.

About Sphere Entertainment

Sphere Entertainment Co engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre.