Sphere Entertainment Co. (SPHR)Communication Services | Entertainment | New York, United States | NYSE
141.68 USD
-5.66
(-3.841%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 141.68 |
Hot Take ↕ | Aug. 22, 2026, 5:36 a.m. EDT
Sphere Entertainment presents a high-risk, high-reward scenario where momentum diverges sharply from profitability. The security trades significantly above its 200-day moving average, supported by analyst consensus and positive revenue growth, yet it remains unprofitable with negative operating margins and elevated leverage. The high short interest creates a potential catalyst for a squeeze, but the lack of dividends and weak return on equity limit its appeal as a core holding. Investors should view this as a speculative turnaround opportunity rather than a stable investment, watching closely for earnings stabilization before committing capital. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.083691 |
| AutoARIMA | 0.092343 |
| MSTL | 0.093269 |
| AutoETS | 0.094355 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 0.60 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.415 |
| Excess Kurtosis | -0.96 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Debt to Equity Ratio | 40.995 |
| Revenue per Share | 37.713 |
| Market Cap | 5,088,239,616 |
| Forward P/E | -69.11 |
| Beta | 1.63 |
| Profit Margins | -5.66% |
| Website | https://www.sphereentertainmentco.com |
As of Aug. 22, 2026, 5:36 a.m. EDT: Speculators are split but leaning towards volatility plays rather than pure direction. Call buyers are targeting a rebound to the $180 to $220 range, while put buyers are heavily hedging downside risks below $145, with deep in-the-money strikes showing inflated premiums. This suggests the market is pricing in a binary outcome: a sharp recovery or a continued grind lower.
| Attribute | Value |
|---|---|
| 52 Week Change | 2.20374 |
| Address1 | Two Pennsylvania Plaza |
| All Time High | 181.63 |
| All Time Low | 18.00462 |
| Ask | 142.53 |
| Ask Size | 100 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 658,490 |
| Average Daily Volume3 Month | 742,779 |
| Average Volume | 742,779 |
| Average Volume10Days | 658,490 |
| Beta | 1.625 |
| Bid | 142.24 |
| Bid Size | 200 |
| Board Risk | 10 |
| Book Value | 62.035 |
| City | New York |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 141.68 |
| Current Ratio | 1.224 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 146.92 |
| Day Low | 140.535 |
| Debt To Equity | 40.995 |
| Display Name | Sphere Entertainment |
| Earnings Call Timestamp End | 1,785,420,000 |
| Earnings Call Timestamp Start | 1,785,420,000 |
| Earnings Timestamp | 1,785,414,600 |
| Earnings Timestamp End | 1,793,881,800 |
| Earnings Timestamp Start | 1,793,881,800 |
| Ebitda | 254,383,008 |
| Ebitda Margins | 0.18747999 |
| Enterprise To Ebitda | 21.427 |
| Enterprise To Revenue | 4.017 |
| Enterprise Value | 5,450,571,776 |
| Eps Current Year | -1.88 |
| Eps Forward | -2.05 |
| Eps Trailing Twelve Months | -2.04 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 154.256 |
| Fifty Day Average Change | -12.576004 |
| Fifty Day Average Change Percent | -0.08152684 |
| Fifty Two Week Change Percent | 220.374 |
| Fifty Two Week High | 181.63 |
| Fifty Two Week High Change | -39.950012 |
| Fifty Two Week High Change Percent | -0.21995272 |
| Fifty Two Week Low | 44.059 |
| Fifty Two Week Low Change | 97.620995 |
| Fifty Two Week Low Change Percent | 2.215688 |
| Fifty Two Week Range | 44.059 - 181.63 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,586,439,000,000 |
| Float Shares | 24,763,509 |
| Forward Eps | -2.05 |
| Forward P E | -69.11219 |
| Free Cashflow | 442,722,880 |
| Full Exchange Name | NYSE |
| Full Time Employees | 1,100 |
| Fullday Change | -5.66 |
| Fullday Change Percent | -3.84146 |
| Fullday Price | 141.68 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.54707 |
| Gross Profits | 742,284,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.06583 |
| Held Percent Institutions | 1.34086 |
| Implied Shares Outstanding | 35,913,607 |
| Industry | Entertainment |
| Industry Disp | Entertainment |
| Industry Key | entertainment |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,682,035,200 |
| Last Split Factor | 2,165:1000 |
| Long Business Summary | Sphere Entertainment Co. operates as a live entertainment and media company in the United States. It operates through two segments, Sphere and MSG Networks. The Sphere segment offers entertainment medium powered by technologies to create multi-sensory experiences. The MSG Networks segment provides regional sports and entertainment networks; direct-to-consumer and authenticated streaming products, as well as sports content, including live local games and other programming. The company was formerly known as Madison Square Garden Entertainment Corp. and changed its name to Sphere Entertainment Co. in April 2023. Sphere Entertainment Co. was founded in 2006 and is based in New York, New York. |
| Long Name | Sphere Entertainment Co. |
| Market | us_market |
| Market Cap | 5,088,239,616 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_572161426 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -76,838,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 5,291,510,855 |
| Number Of Analyst Opinions | 13 |
| Open | 146.45 |
| Operating Cashflow | 398,640,000 |
| Operating Margins | -0.19548 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Phone | 725 258 0001 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 141.68 |
| Post Market Time | 1,787,959,804 |
| Previous Close | 147.34 |
| Price Eps Current Year | -75.3617 |
| Price Hint | 2 |
| Price To Book | 2.283872 |
| Price To Sales Trailing12 Months | 3.750052 |
| Profit Margins | -0.05663 |
| Quick Ratio | 1.118 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.46154 |
| Region | US |
| Regular Market Change | -5.66 |
| Regular Market Change Percent | -3.84146 |
| Regular Market Day High | 146.92 |
| Regular Market Day Low | 140.535 |
| Regular Market Day Range | 140.535 - 146.92 |
| Regular Market Open | 146.45 |
| Regular Market Previous Close | 147.34 |
| Regular Market Price | 141.68 |
| Regular Market Time | 1,787,947,203 |
| Regular Market Volume | 564,779 |
| Return On Assets | -0.01253 |
| Return On Equity | -0.03097 |
| Revenue Growth | 0.11 |
| Revenue Per Share | 37.713 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Share Holder Rights Risk | 10 |
| Shares Outstanding | 29,046,853 |
| Shares Percent Shares Out | 0.1838 |
| Shares Short | 6,599,789 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 6,741,417 |
| Short Name | Sphere Entertainment Co. |
| Short Percent Of Float | 0.32509997 |
| Short Ratio | 8.72 |
| Source Interval | 15 |
| State | NY |
| Symbol | SPHR |
| Target High Price | 200.0 |
| Target Low Price | 158.0 |
| Target Mean Price | 178.76923 |
| Target Median Price | 175.0 |
| Total Cash | 550,974,016 |
| Total Cash Per Share | 15.342 |
| Total Debt | 913,305,984 |
| Total Revenue | 1,356,845,056 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -2.04 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 121.69935 |
| Two Hundred Day Average Change | 19.980644 |
| Two Hundred Day Average Change Percent | 0.16418037 |
| Type Disp | Equity |
| Volume | 564,779 |
| Website | https://www.sphereentertainmentco.com |
| Zip | 10,121 |