Seaport Res Ptn Issues Optimistic Estimate for SPHR Earnings

Sphere Entertainment Co. (NYSE:SPHR) – Research analysts at Seaport Res Ptn boosted their Q3 2025 earnings per share (EPS) estimates for Sphere Entertainment in a research report issued to clients and investors on Thursday, October 16th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will earn ($1.26) per share for the quarter, up from their prior forecast of ($1.35). 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 2025 earnings at ($0.82) EPS, FY2025 earnings at ($7.05) EPS, Q1 2026 earnings at ($0.86) EPS, Q2 2026 earnings at ($0.67) EPS, Q3 2026 earnings at ($1.09) EPS, Q4 2026 earnings at ($0.96) EPS and FY2026 earnings at ($3.57) EPS.

Sphere Entertainment (NYSE:SPHR) last posted its quarterly earnings results on Monday, August 11th. The company reported $3.39 EPS for the quarter, beating the consensus estimate of ($1.57) by $4.96. Sphere Entertainment had a negative return on equity of 19.27% and a negative net margin of 14.68%.The firm had revenue of $282.68 million during the quarter, compared to analysts’ expectations of $280.23 million. During the same quarter last year, the firm earned ($2.00) earnings per share. The business’s revenue for the quarter was up 3.4% on a year-over-year basis.

Other equities research analysts have also recently issued research reports about the company. Morgan Stanley increased their price target on Sphere Entertainment from $35.00 to $40.00 and gave the company an “equal weight” rating in a report on Tuesday, August 12th. Craig Hallum assumed coverage on Sphere Entertainment in a report on Monday, June 23rd. They issued a “buy” rating and a $75.00 price target for the company. The Goldman Sachs Group increased their price target on Sphere Entertainment from $50.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, September 17th. BTIG Research started coverage on Sphere Entertainment in a report on Monday, October 6th. They issued a “neutral” rating for the company. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Sphere Entertainment in a research note on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $55.13.

Sphere Entertainment Price Performance

NYSE:SPHR opened at $63.12 on Monday. Sphere Entertainment has a one year low of $23.89 and a one year high of $68.00. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a market cap of $2.26 billion, a PE ratio of -11.86 and a beta of 1.79. The stock has a 50 day moving average price of $53.49 and a 200 day moving average price of $42.69.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SPHR. GAMMA Investing LLC boosted its position in shares of Sphere Entertainment by 95.3% during the second quarter. GAMMA Investing LLC now owns 744 shares of the company’s stock worth $31,000 after buying an additional 363 shares during the period. CWM LLC boosted its position in shares of Sphere Entertainment by 915.3% during the second quarter. CWM LLC now owns 731 shares of the company’s stock worth $31,000 after buying an additional 659 shares during the period. Chesapeake Asset Management LLC purchased a new position in shares of Sphere Entertainment during the third quarter worth $75,000. Tower Research Capital LLC TRC boosted its position in shares of Sphere Entertainment by 81.5% during the second quarter. Tower Research Capital LLC TRC now owns 2,294 shares of the company’s stock worth $96,000 after buying an additional 1,030 shares during the period. Finally, Headlands Technologies LLC purchased a new position in shares of Sphere Entertainment during the first quarter worth $123,000. 92.03% of the stock is currently owned by hedge funds and other institutional investors.

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.