Seaport Res Ptn Has Positive Outlook of SPHR FY2025 Earnings

Sphere Entertainment Co. (NYSE:SPHR) – Investment analysts at Seaport Res Ptn lifted their FY2025 earnings per share (EPS) estimates for Sphere Entertainment in a research report issued on Wednesday, November 5th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings per share of ($6.36) for the year, up from their prior forecast of ($6.96). 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 ($0.27) EPS, Q1 2026 earnings at ($1.25) EPS, Q2 2026 earnings at ($0.75) EPS, Q3 2026 earnings at ($0.70) EPS, Q4 2026 earnings at ($0.65) EPS and FY2026 earnings at ($3.35) EPS.

Other analysts have also recently issued reports about the stock. Benchmark lifted their target price on shares of Sphere Entertainment from $35.00 to $45.00 and gave the stock a “sell” rating in a research note on Wednesday. JPMorgan Chase & Co. raised their price objective on Sphere Entertainment from $68.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Sphere Entertainment in a research note on Wednesday, October 8th. Morgan Stanley increased their target price on Sphere Entertainment from $40.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, Wall Street Zen raised Sphere Entertainment from a “sell” rating to a “hold” rating in a research note on Saturday, July 12th. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $63.88.

Sphere Entertainment Stock Performance

NYSE:SPHR opened at $77.20 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.96 and a quick ratio of 1.13. The firm has a market cap of $2.76 billion, a PE ratio of -14.93 and a beta of 1.79. The firm has a 50 day simple moving average of $61.01 and a 200-day simple moving average of $46.64. Sphere Entertainment has a 1-year low of $23.89 and a 1-year high of $77.48.

Sphere Entertainment (NYSE:SPHR) last released its earnings results on Tuesday, November 4th. The company reported ($1.37) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.62) by $0.25. Sphere Entertainment had a negative net margin of 13.87% and a negative return on equity of 17.20%. The company had revenue of $262.51 million for the quarter, compared to analyst estimates of $259.34 million.

Hedge Funds Weigh In On Sphere Entertainment

A number of hedge funds have recently made changes to their positions in the business. NJ State Employees Deferred Compensation Plan purchased a new stake in Sphere Entertainment during the 3rd quarter worth $203,000. Stratos Wealth Partners LTD. acquired a new position in shares of Sphere Entertainment during the third quarter worth about $720,000. Jones Financial Companies Lllp lifted its stake in shares of Sphere Entertainment by 190.0% during the third quarter. Jones Financial Companies Lllp now owns 1,215 shares of the company’s stock worth $72,000 after purchasing an additional 796 shares in the last quarter. Thrivent Financial for Lutherans purchased a new stake in shares of Sphere Entertainment in the third quarter worth about $239,000. Finally, AlphaQuest LLC grew its stake in shares of Sphere Entertainment by 3.9% in the third quarter. AlphaQuest LLC now owns 8,461 shares of the company’s stock valued at $526,000 after buying an additional 321 shares in the last quarter. Hedge funds and other 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.