Q1 Earnings Estimate for SPHR Issued By Seaport Res Ptn

Sphere Entertainment Co. (NYSE:SPHR) – Seaport Res Ptn issued their Q1 2026 EPS estimates for Sphere Entertainment in a research note issued to investors on Tuesday, November 12th. Seaport Res Ptn analyst D. Joyce expects that the company will post earnings of ($2.69) per share for the quarter. The consensus estimate for Sphere Entertainment’s current full-year earnings is ($9.60) per share. Seaport Res Ptn also issued estimates for Sphere Entertainment’s Q2 2026 earnings at ($1.11) EPS.

Sphere Entertainment (NYSE:SPHR) last released its quarterly earnings results on Tuesday, November 12th. The company reported ($2.95) earnings per share for the quarter, beating analysts’ consensus estimates of ($3.32) by $0.37. Sphere Entertainment had a negative return on equity of 16.26% and a negative net margin of 32.76%. The company had revenue of $227.90 million for the quarter, compared to analysts’ expectations of $229.86 million. During the same quarter in the previous year, the company posted $1.90 earnings per share. The business’s revenue for the quarter was up 93.1% compared to the same quarter last year.

SPHR has been the topic of several other research reports. Wolfe Research raised Sphere Entertainment from a “peer perform” rating to an “outperform” rating and set a $60.00 target price on the stock in a report on Wednesday, October 2nd. Bank of America lowered their target price on Sphere Entertainment from $45.00 to $43.00 and set a “neutral” rating on the stock in a report on Tuesday, September 17th. Benchmark reissued a “sell” rating and issued a $40.00 price target on shares of Sphere Entertainment in a report on Tuesday, September 3rd. Macquarie reduced their target price on shares of Sphere Entertainment from $47.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, JPMorgan Chase & Co. upgraded Sphere Entertainment from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $37.00 to $57.00 in a research report on Friday, August 16th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Sphere Entertainment has an average rating of “Hold” and an average target price of $50.43.

Sphere Entertainment Stock Performance

SPHR stock traded up $0.06 during trading on Thursday, reaching $41.79. 4,240 shares of the company’s stock were exchanged, compared to its average volume of 746,707. The firm has a market cap of $1.48 billion, a PE ratio of -3.98 and a beta of 1.41. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.22. Sphere Entertainment has a 1-year low of $27.02 and a 1-year high of $51.83. The company’s fifty day moving average price is $43.54 and its 200-day moving average price is $41.39.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Quantbot Technologies LP raised its stake in shares of Sphere Entertainment by 582.6% in the 3rd quarter. Quantbot Technologies LP now owns 20,731 shares of the company’s stock valued at $916,000 after acquiring an additional 17,694 shares in the last quarter. Horizon Kinetics Asset Management LLC raised its position in shares of Sphere Entertainment by 7.9% in the third quarter. Horizon Kinetics Asset Management LLC now owns 56,728 shares of the company’s stock valued at $2,506,000 after purchasing an additional 4,157 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in shares of Sphere Entertainment in the third quarter valued at approximately $342,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Sphere Entertainment by 1.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 219,792 shares of the company’s stock worth $9,710,000 after buying an additional 2,187 shares during the period. Finally, Intech Investment Management LLC acquired a new position in Sphere Entertainment in the 3rd quarter valued at $320,000. Institutional investors own 92.03% of the company’s stock.

Sphere Entertainment Company Profile

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.