Sphere Entertainment Co. (SPHR)Communication Services | Entertainment | New York, United States | NYSE
131.28 USD
-4.39
(-3.236%) ⇩
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★★★★☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 11:54 p.m. EDT
Sphere Entertainment (SPHR) is burning through short-term liability with catalysts priced at a premium. The wizarding world ticket surge and stadium usage data are driving a gap-up thesis that has rendered the $135–$150 zone a serious target zone for momentum traders, despite the lack of dividends and excessive debt. While the fundamentals remain weak (negative forward EPS), the immediate price action is driven purely on event markers. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.050392 |
| AutoTheta | 0.089524 |
| MSTL | 0.158543 |
| AutoETS | 0.162841 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.67 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.905 |
| Excess Kurtosis | -0.28 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Debt to Equity Ratio | 43.052 |
| Revenue per Share | 33.825 |
| Market Cap | 4,660,718,080 |
| Trailing P/E | 177.41 |
| Forward P/E | -69.09 |
| Beta | 1.65 |
| Profit Margins | 2.74% |
| Previous Name | Madison Square Garden Entertainment Corp. |
| Website | https://www.sphereentertainmentco.com |
As of April 18, 2026, 11:54 p.m. EDT: Speculative capital is overwhelmingly aggressive on the upside. April and May Call discussions highlight massive volume/flow at $155 (OTM) alongside a dense Iron Condor setup at $100–$135. In June/July, February flows suggest high IV (>200%) warrants at $70–$75 and a major blocks at $132. Although the data shows put volume at $100–$120, the strike structure has the $170 call far OTM but the $135 call showing significant aggregate interest. This heavy skew implies conviction in a rally challenging the $140–$150 levels over the next 45 days.
| Attribute | Value |
|---|---|
| 52 Week Change | 4.285024 |
| Address1 | Two Pennsylvania Plaza |
| All Time High | 137.295 |
| All Time Low | 18.00462 |
| Ask | 0.0 |
| Ask Size | 300 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.6 - Buy |
| Average Daily Volume10 Day | 548,190 |
| Average Daily Volume3 Month | 822,998 |
| Average Volume | 822,998 |
| Average Volume10Days | 548,190 |
| Beta | 1.653 |
| Bid | 0.0 |
| Bid Size | 100 |
| Board Risk | 10 |
| Book Value | 62.915 |
| City | New York |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 131.28 |
| Current Ratio | 1.09 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 136.9544 |
| Day Low | 131.14 |
| Debt To Equity | 43.052 |
| Display Name | Sphere Entertainment |
| Earnings Call Timestamp End | 1,770,908,400 |
| Earnings Call Timestamp Start | 1,770,908,400 |
| Earnings Timestamp | 1,770,903,000 |
| Earnings Timestamp End | 1,778,157,000 |
| Earnings Timestamp Start | 1,778,157,000 |
| Ebitda | 182,282,000 |
| Ebitda Margins | 0.14941 |
| Enterprise To Ebitda | 28.058 |
| Enterprise To Revenue | 4.192 |
| Enterprise Value | 5,114,400,256 |
| Eps Current Year | -2.1 |
| Eps Forward | -1.9 |
| Eps Trailing Twelve Months | 0.74 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 115.8156 |
| Fifty Day Average Change | 15.464401 |
| Fifty Day Average Change Percent | 0.13352607 |
| Fifty Two Week Change Percent | 428.5024 |
| Fifty Two Week High | 137.295 |
| Fifty Two Week High Change | -6.0149994 |
| Fifty Two Week High Change Percent | -0.04381077 |
| Fifty Two Week Low | 24.35 |
| Fifty Two Week Low Change | 106.93 |
| Fifty Two Week Low Change Percent | 4.3913755 |
| Fifty Two Week Range | 24.35 - 137.295 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,586,439,000,000 |
| Float Shares | 24,364,395 |
| Forward Eps | -1.9 |
| Forward P E | -69.094734 |
| Free Cashflow | 336,341,120 |
| Full Exchange Name | NYSE |
| Full Time Employees | 1,100 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.52175 |
| Gross Profits | 636,553,984 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.06758 |
| Held Percent Institutions | 1.2440699 |
| Implied Shares Outstanding | 35,502,120 |
| 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 | 4,660,718,080 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_572161426 |
| Most Recent Quarter | 1,767,139,200 |
| Name Change Date | 2,026-04-20 |
| Net Income To Common | 33,405,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 4,660,718,313 |
| Number Of Analyst Opinions | 11 |
| Open | 135.09 |
| Operating Cashflow | 243,346,000 |
| Operating Margins | 0.06861 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Phone | 725 258 0001 |
| Pre Market Change | -0.22999573 |
| Pre Market Change Percent | -0.1751948 |
| Pre Market Price | 131.05 |
| Pre Market Time | 1,776,763,551 |
| Prev Name | Madison Square Garden Entertainment Corp. |
| Previous Close | 135.67 |
| Price Eps Current Year | -62.51429 |
| Price Hint | 2 |
| Price To Book | 2.0866249 |
| Price To Sales Trailing12 Months | 3.8201196 |
| Profit Margins | 0.027379999 |
| Quick Ratio | 0.947 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.58333 |
| Region | US |
| Regular Market Change | -4.39 |
| Regular Market Change Percent | -3.23579 |
| Regular Market Day High | 136.9544 |
| Regular Market Day Low | 131.14 |
| Regular Market Day Range | 131.14 - 136.9544 |
| Regular Market Open | 135.09 |
| Regular Market Previous Close | 135.67 |
| Regular Market Price | 131.28 |
| Regular Market Time | 1,776,715,203 |
| Regular Market Volume | 366,577 |
| Return On Assets | -0.022079999 |
| Return On Equity | 0.01507 |
| Revenue Growth | 0.279 |
| Revenue Per Share | 33.825 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Share Holder Rights Risk | 10 |
| Shares Outstanding | 28,635,366 |
| Shares Percent Shares Out | 0.21090001 |
| Shares Short | 7,488,185 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 7,220,974 |
| Short Name | Sphere Entertainment Co. |
| Short Percent Of Float | 0.3487 |
| Short Ratio | 7.08 |
| Source Interval | 15 |
| State | NY |
| Symbol | SPHR |
| Target High Price | 160.0 |
| Target Low Price | 111.0 |
| Target Mean Price | 136.36365 |
| Target Median Price | 135.0 |
| Total Cash | 507,776,000 |
| Total Cash Per Share | 14.303 |
| Total Debt | 961,457,984 |
| Total Revenue | 1,220,045,056 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.74 |
| Trailing P E | 177.4054 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 79.38445 |
| Two Hundred Day Average Change | 51.895546 |
| Two Hundred Day Average Change Percent | 0.6537243 |
| Type Disp | Equity |
| Volume | 366,577 |
| Website | https://www.sphereentertainmentco.com |
| Zip | 10,121 |