Sphere Entertainment Co.

Informe acción NYSE:SPHR

Capitalización de mercado: US$5.0b

Sphere Entertainment Resultados de beneficios anteriores

Pasado controles de criterios 2/6

Los beneficios de Sphere Entertainment han disminuido a una tasa media anual de -8.5%, mientras que en la industria Entertainment los beneficios crecieron en un 26.1% anualmente. Los ingresos han ido creciendo a una tasa media de 13.8% al año. La rentabilidad financiera de Sphere Entertainment es de 5.3%, y sus márgenes netos son de 8.6%.

Información clave

-8.53%

Tasa de crecimiento de los beneficios

-7.64%

Tasa de crecimiento del BPA

Crecimiento de la industria Entertainment 18.06%
Tasa de crecimiento de los ingresos13.83%
Rentabilidad financiera5.33%
Margen neto8.58%
Última actualización de beneficios31 Mar 2026

Actualizaciones de resultados anteriores recientes

Artículo de análisis May 13

Sphere Entertainment's (NYSE:SPHR) Earnings Are Of Questionable Quality

Sphere Entertainment Co.'s ( NYSE:SPHR ) robust earnings report didn't manage to move the market for its stock. We did...

Recent updates

Actualización de narrativa Jun 06

SPHR: Future Venue Expansion And Rising Profitability Expectations Will Drive Returns

The analyst price target for Sphere Entertainment has been raised from $160 to about $189, as analysts point to updated forecasts for profitability, margin structure, and potential industry transactions as support for a higher valuation range. Analyst Commentary Recent Street research around Sphere Entertainment has leaned heavily bullish, with multiple firms lifting price targets and, in some cases, upgrading the stock.
Actualización de narrativa May 23

SPHR: Expanded Venues And Index Additions Will Support Future Earnings Durability

The analyst price target for Sphere Entertainment has been raised from $136.36 to $161.00 as analysts incorporate higher assumed revenue growth, an improved profit margin profile, and a slightly lower discount rate in their models, along with a series of recent positive research updates on the stock. Analyst Commentary Recent research updates around Sphere Entertainment cluster around higher price targets and fresh coverage.
Seeking Alpha May 18

Sphere Entertainment: Priced To Perfection

Summary Sphere Entertainment delivered a strong 1Q26, with revenue up 38% year-over-year and Sphere Venue driving 67% of AOI. Sphere’s performance was fueled by high-profile events like the Wizard of Oz and increased brand and concert activity, boosting per-show and per-event revenues. Upcoming residencies by Metallica (24 shows) and Backstreet Boys (56 shows) are expected to further accelerate Sphere’s earnings growth in 2026. MSG Networks faces headwinds from declining subscribers and lower advertising revenue, with limited upside from major sports events due to national broadcast rights. Read the full article on Seeking Alpha
Artículo de análisis May 13

Sphere Entertainment's (NYSE:SPHR) Earnings Are Of Questionable Quality

Sphere Entertainment Co.'s ( NYSE:SPHR ) robust earnings report didn't manage to move the market for its stock. We did...
Actualización de narrativa May 01

SPHR: Future Venue Expansion And Content Durability Will Drive Returns

Sphere Entertainment's analyst price target has been raised by several firms in recent weeks, with changes such as Morgan Stanley's $30 increase to $135. This move has been supported by analysts highlighting stronger Wizard of Oz performance, improved profitability at the Las Vegas venue, and growing confidence in adding more Sphere locations over time.
Actualización de narrativa Apr 17

SPHR: Expanded Venues And Content Slate Will Support Future Earnings Durability

Sphere Entertainment's updated analyst price target rises from $128.90 to $136.36 as analysts factor in recent price target increases across the Street and adjust assumptions around discount rate, profit margin, and future P/E to reflect stronger positioning of the Sphere venue and content slate. Analyst Commentary Recent Street research around Sphere Entertainment clusters around the same core themes that feed into valuation work, mainly how durable the Wizard of Oz performance is, how repeatable Sphere content can be, and how management is handling capital and execution risk.
Actualización de narrativa Apr 02

SPHR: Future Venue Pipeline And Programming Visibility Will Drive Returns

The analyst fair value estimate for Sphere Entertainment has been raised from $92.00 to $160.00, reflecting higher Street price targets and analyst views that recent operating results and growing visibility into future Sphere events and venues support a richer P/E multiple, despite more measured revenue growth assumptions. Analyst Commentary Recent Street research has turned more constructive on Sphere Entertainment, with several bullish analysts lifting price targets and shifting ratings upward after stronger than expected operating results and growing visibility into Sphere related revenue streams.
Actualización de narrativa Mar 19

SPHR: Expanding Venues And Residencies Will Support Future Earnings Durability

Analysts have raised their price targets on Sphere Entertainment, including a move to $135 at Morgan Stanley, citing stronger than expected Wizard of Oz performance, improving Sphere booking visibility, and early confidence in the potential for additional venues. Analyst Commentary Recent research updates on Sphere Entertainment highlight a mix of enthusiasm around execution and growth potential, alongside a continued focus on concentration and durability risks.
Actualización de narrativa Mar 05

SPHR: New Venues And Residencies Will Support Future Earnings Durability

The analyst price target for Sphere Entertainment has been raised to $135, up from $105. Analysts highlighted stronger than expected Wizard of Oz performance, sponsorship and Exosphere monetization, as well as growing confidence in adding more Sphere venues over time.
Actualización de narrativa Feb 18

SPHR: New Venue Plans And Residencies Will Support Future Earnings Durability

Analysts have raised their fair value estimate for Sphere Entertainment from $103.90 to $128.90, citing stronger Wizard of Oz performance, sponsorship and Exosphere monetization, as well as increasing confidence that additional Sphere venues and event bookings could support the business over time. Analyst Commentary Recent Street research on Sphere Entertainment reflects a mix of optimism on execution and monetization, alongside continued caution around concentration and durability risks.
Actualización de narrativa Feb 04

SPHR: Elevated Booking Hopes Will Increase Risk Around 2026 Event Slate

Narrative Update: Sphere Entertainment Analysts have lifted their price targets on Sphere Entertainment by roughly $23, citing stronger Sphere Experience show counts and attendance, additional musical residencies into early 2026, and growing expectations for further Sphere franchise announcements and a busy 2026 booking calendar. Analyst Commentary Recent research has generally highlighted strong demand trends for the Sphere Experience and a fuller event calendar into 2026, which has come through in higher price targets and upgrades.
Actualización de narrativa Jan 21

SPHR: Venue Bookings And New Project Plans Will Test Earnings Durability

Analysts have lifted their fair value estimate for Sphere Entertainment by about $15.60 to $103.90, citing stronger Sphere Experience show counts and attendance for Wizard of Oz, additional musical residencies scheduled into early 2026, and growing expectations that the Las Vegas venue could remain heavily booked with potential for additional franchises. Analyst Commentary Recent research coverage has focused on how Sphere Entertainment is executing at the Las Vegas venue, what that could mean for earnings power, and how current valuation stacks up against those expectations.
Actualización de narrativa Jan 07

SPHR: Strong Venue Momentum But Long Term Earnings Durability Will Remain Central

Narrative Update on Sphere Entertainment Analysts have lifted their fair value estimate for Sphere Entertainment from US$75.30 to US$88.30, citing stronger momentum at the Las Vegas Sphere venue, a growing pipeline of residencies that are selling reliably, and an updated earnings framework that assumes slightly higher revenue growth, profit margins, and future P/E multiples. Analyst Commentary Street research on Sphere Entertainment has turned more constructive as recent reports focus on the performance of the Las Vegas venue, the content pipeline, and what that could mean for earnings power and valuation.
Artículo de análisis Dec 23

Optimistic Investors Push Sphere Entertainment Co. (NYSE:SPHR) Shares Up 25% But Growth Is Lacking

Despite an already strong run, Sphere Entertainment Co. ( NYSE:SPHR ) shares have been powering on, with a gain of 25...
Actualización de narrativa Dec 14

SPHR: Las Vegas Venue Earnings Power And Audio Rollout Will Shape Returns

Analysts have lifted their blended fair value estimate for Sphere Entertainment to approximately $92 from about $75 per share, citing stronger than expected recent results at the Las Vegas Sphere, a ramping slate of high margin artist residencies and immersive shows, and growing conviction in the venue's long term earnings power despite a modestly lower assumed valuation multiple. Analyst Commentary Bullish analysts highlight that the recent beat on revenue and adjusted operating income has reinforced confidence in Sphere Entertainment's business model, particularly around the Las Vegas Sphere, supporting higher valuation assumptions despite a still-evolving earnings trajectory.
Actualización de narrativa Nov 30

SPHR: Recent Run-Up May Limit Near-Term Upside Amid Uncertain Earnings Power

Analysts have raised their price targets for Sphere Entertainment, with the consensus increase attributed to stronger-than-expected earnings, an expanding pipeline of Las Vegas shows, and improved operational efficiency. As a result, new targets are up to $19 higher than prior estimates.
Actualización de narrativa Nov 16

SPHR: Upcoming Content Lineup And Cost Controls Will Shape Near-Term Outlook

Analysts have increased their price target for Sphere Entertainment by over $10 to $75.30, citing stronger-than-expected financial performance, a growing event pipeline, and improved operational efficiency. Analyst Commentary Recent research updates reveal both optimism and caution among analysts covering Sphere Entertainment.
Artículo de análisis Nov 08

Sphere Entertainment Co. (NYSE:SPHR) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected

Sphere Entertainment Co. ( NYSE:SPHR ) shares have continued their recent momentum with a 30% gain in the last month...
Actualización de narrativa Nov 01

SPHR: Artist Residencies And Audio Expansion Will Shape Measured Outlook

Analysts have modestly raised their fair value estimate for Sphere Entertainment to $64.90 from $64.10. They cite continued growth in artist residencies and improved near-term comparability as key factors supporting the upward revision.
Actualización de narrativa Oct 18

International Expansion And Immersive Tech Will Transform Entertainment

Analysts have increased their fair value estimate for Sphere Entertainment from $60.60 to $64.10. They cite stronger near-term comparability driven by additional artist residencies and an improving profit outlook.
Actualización de narrativa Oct 04

International Expansion And Immersive Tech Will Transform Entertainment

Analysts have increased their fair value estimate for Sphere Entertainment by $3 to $60.6, citing higher earnings estimates and an improved valuation outlook. Analyst Commentary Recent Street research provides a mix of perspectives regarding Sphere Entertainment’s outlook.
Actualización de narrativa Sep 17

International Expansion And Immersive Tech Will Transform Entertainment

Analysts have raised Sphere Entertainment's price target to $57.60, citing disruptive live event offerings, strong Exosphere advertising potential, and differentiated original content, supported by robust segment profitability and improved medium-term confidence. Analyst Commentary Bullish analysts cite Sphere's disruptive approach to live events and immersive experiences, enabling premium pricing and improved venue utilization.
Artículo de análisis Sep 09

Sphere Entertainment Co.'s (NYSE:SPHR) Shares Climb 35% But Its Business Is Yet to Catch Up

Sphere Entertainment Co. ( NYSE:SPHR ) shareholders have had their patience rewarded with a 35% share price jump in the...
Actualización de narrativa Aug 15

International Expansion And Immersive Tech Will Transform Entertainment

Analysts raised Sphere Entertainment’s price target to $53.90, citing record operating income, the company’s unique premium pricing and venue model, and promising long-term growth potential despite modestly lower revenue forecasts. Analyst Commentary Record adjusted operating income in the Sphere segment despite lower Sphere Experiences revenues, leading to upward revisions in estimates.
Artículo de análisis Jul 21

Is Sphere Entertainment (NYSE:SPHR) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha Apr 21

Out Of The Shadows: How Sphere's Vegas Juggernaut Can Crush Its RSN Drag

Summary Sphere Entertainment stock has dropped 44% since October, largely due to MSG Networks' struggles, but offers potential upside with a focus on its high-growth Las Vegas Sphere. The potential bankruptcy of MSG Networks could allow Sphere to restructure $800 million in debt, refocus on its experiential business, and improve financial health. Despite mixed Q4 results and high operational expenses, Sphere's flagship business shows strong growth, and institutional investors continue to buy shares, indicating confidence. At around $25, Sphere Entertainment stock presents a positive risk/reward opportunity, driven by its experiential business and potential debt reduction. Read the full article on Seeking Alpha
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Nueva narrativa Mar 23

International Expansion And Exosphere's New Strategy Will Strengthen Future Prospects

Expanding original content and international markets aims to boost future revenue and optimize cost efficiencies, enhancing high-margin offerings and global reach.
Seeking Alpha Jan 15

Sphere Entertainment: MSG Networks Bankruptcy Seems Inevitable, But Don't Panic

Summary Sphere Entertainment's future hinges on the success of its Las Vegas venue. MSG Networks' impending bankruptcy and declining RSN business is all but irrelevant. MSG Networks' financial troubles and potential bankruptcy won't significantly impact Sphere due to the non-recourse nature of its debt. Sphere's investment potential is uncertain; questions about the profitability and funding of future Spheres remain unanswered. I rate Sphere a Hold, as its future profitability is unclear, and I need more proof before considering an investment. Read the full article on Seeking Alpha
Seeking Alpha Oct 14

Hold On Sphere Entertainment: High Growth Comes With Debt, Cash Burn Concerns

Summary Sphere Entertainment's stock has surged 31% YTD, but faces challenges like cash burn, scaling issues, and debt pressures. The Sphere segment, featuring the innovative Las Vegas venue, is the company's primary growth driver, contributing 48.4% of the company's $1.03 billion revenue. Despite strong revenue growth, Sphere Entertainment reports a net loss of $200.6 million due to high operating expenses and significant debt burdens. Valuation models suggest Sphere stock is undervalued, with potential for substantial upside, contingent on the success of the Sphere segment and effective debt management. Read the full article on Seeking Alpha

Desglose de ingresos y gastos

Cómo gana y gasta dinero Sphere Entertainment. Basado en los últimos beneficios reportados, en base a los últimos doce meses (LTM).


Historial de beneficios e ingresos

NYSE:SPHR Ingresos, gastos y beneficios (USD Millions)
FechaIngresosBeneficiosGastos G+AGastos de I+D
31 Mar 261,3261144570
31 Dec 251,220334500
30 Sep 251,076-2704950
30 Jun 251,041-2745150
31 Mar 251,090-3844760
31 Dec 241,131-3504850
30 Sep 241,137-3974130
30 Jun 241,027-2254400
31 Mar 248832064390
31 Dec 237231394590
30 Sep 235692854480
30 Jun 235741724550
31 Mar 23126-2183800
31 Dec 22317-1243550
30 Sep 22439-1083420
30 Jun 22610-1414220
31 Mar 221,189-1495380
31 Dec 211,051-1565300
30 Sep 21938-2005420
30 Jun 21648-43020
31 Mar 2156383980
31 Dec 20530-1003760
30 Sep 20756373730
30 Jun 201,4361824740
31 Mar 20970-1703750
31 Dec 191,039-473700
30 Sep 19936-1013440
30 Jun 191,049-183170
31 Mar 19580-1381580
30 Jun 1898972760
31 Mar 181,5471034880
30 Jun 17711-1091870
31 Mar 171,231-473680
30 Jun 161,115-773340

Ingresos de calidad: SPHR tiene una única gran ganancia de $266.0M que afecta a sus resultados financieros de los últimos 12 meses de 31st March, 2026.

Margen de beneficios creciente: SPHR pasó a ser rentable.


Análisis del flujo de caja libre vs. Beneficios


Análisis del crecimiento de los beneficios en el pasado

Tendencia de beneficios: SPHR ha pasado a ser rentable en los últimos 5 años, con un crecimiento de los beneficios de -8.5% al año.

Acelerando crecimiento: SPHR ha pasado a ser rentable en el último año, lo que dificulta la comparación de la tasa de crecimiento de los beneficios con su promedio de 5 años.

Beneficios vs. Industria: SPHR ha pasado a ser rentable en el último año, lo que es difícil comparar el crecimiento de sus beneficios en el último año con el de la industria Entertainment (-2%).


Rentabilidad financiera

Alta ROE: La rentabilidad financiera de SPHR (5.3%) se considera baja.


Rentabilidad económica


Rendimiento del capital invertido


Descubre empresas con buenos resultados en el pasado

Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2026/06/08 09:41
Precio de las acciones al final del día2026/06/05 00:00
Beneficios2026/03/31
Ingresos anuales2025/12/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

Sphere Entertainment Co. está cubierta por 19 analistas. 11 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

AnalistaInstitución
Michael HickeyBenchmark Company
David BeckelBerenberg
Peter HendersonBofA Global Research