Seaport Res Ptn Has Optimistic Outlook of SPHR Q3 Earnings

Sphere Entertainment Co. (NYSE:SPHR) – Equities researchers at Seaport Res Ptn boosted their Q3 2025 earnings estimates for Sphere Entertainment in a research report issued to clients and investors on Monday, August 11th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings of ($1.35) per share for the quarter, up from their previous estimate of ($1.61). 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 ($0.72) EPS, Q1 2026 earnings at ($0.90) EPS, Q2 2026 earnings at ($0.58) EPS, Q3 2026 earnings at ($1.03) EPS, Q4 2026 earnings at ($0.86) EPS and FY2026 earnings at ($3.37) EPS.

Several other research firms also recently issued reports on SPHR. JPMorgan Chase & Co. boosted their price objective on Sphere Entertainment from $54.00 to $55.00 and gave the stock an “overweight” rating in a report on Wednesday, May 21st. The Goldman Sachs Group set a $36.00 target price on Sphere Entertainment and gave the company a “buy” rating in a research note on Friday, April 18th. Craig Hallum initiated coverage on Sphere Entertainment in a research note on Monday, June 23rd. They set a “buy” rating and a $75.00 target price on the stock. Benchmark reaffirmed a “sell” rating and set a $35.00 target price on shares of Sphere Entertainment in a research note on Monday, May 19th. Finally, Guggenheim lifted their target price on Sphere Entertainment from $69.00 to $74.00 and gave the company a “buy” rating in a research note on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $49.50.

Sphere Entertainment Price Performance

NYSE SPHR opened at $39.36 on Thursday. The stock’s 50-day moving average price is $41.68 and its two-hundred day moving average price is $37.81. The company has a current ratio of 1.13, a quick ratio of 0.53 and a debt-to-equity ratio of 0.36. The company has a market cap of $1.41 billion, a PE ratio of -7.40 and a beta of 1.71. Sphere Entertainment has a 1 year low of $23.89 and a 1 year high of $50.88.

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

Institutional Investors Weigh In On Sphere Entertainment

Several large investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC bought a new stake in Sphere Entertainment during the first quarter worth approximately $225,000. Raymond James Financial Inc. bought a new stake in Sphere Entertainment during the fourth quarter worth approximately $2,656,000. Jump Financial LLC boosted its position in Sphere Entertainment by 431.1% during the fourth quarter. Jump Financial LLC now owns 56,300 shares of the company’s stock worth $2,270,000 after purchasing an additional 45,700 shares during the period. SG Americas Securities LLC boosted its position in Sphere Entertainment by 765.8% during the first quarter. SG Americas Securities LLC now owns 99,597 shares of the company’s stock worth $3,259,000 after purchasing an additional 88,093 shares during the period. Finally, GAMMA Investing LLC boosted its position in Sphere Entertainment by 4,769.5% during the first quarter. GAMMA Investing LLC now owns 12,466 shares of the company’s stock worth $381,000 after purchasing an additional 12,210 shares during the period. 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.