Q3 Earnings Forecast for SPHR Issued By Seaport Res Ptn

Sphere Entertainment Co. (NYSE:SPHR) – Analysts at Seaport Res Ptn issued their Q3 2026 earnings per share estimates for Sphere Entertainment in a report released on Monday, March 3rd. Seaport Res Ptn analyst D. Joyce expects that the company will post earnings per share of ($1.68) for the quarter. 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 2026 earnings at ($2.15) EPS, Q1 2027 earnings at ($2.61) EPS and Q2 2027 earnings at ($1.29) EPS.

A number of other analysts have also recently commented on the stock. 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, November 13th. JPMorgan Chase & Co. reduced their price objective on Sphere Entertainment from $57.00 to $54.00 and set an “overweight” rating for the company in a research note on Tuesday. Guggenheim lowered their target price on Sphere Entertainment from $49.00 to $48.00 and set a “buy” rating on the stock in a research report on Tuesday, November 12th. Finally, Morgan Stanley cut their price target on Sphere Entertainment from $45.00 to $44.00 and set an “equal weight” rating for the company in a report on Monday, November 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $47.38.

Sphere Entertainment Price Performance

Shares of NYSE:SPHR opened at $37.48 on Wednesday. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $1.33 billion, a PE ratio of -3.57 and a beta of 1.39. The firm’s 50 day moving average price is $43.50 and its 200-day moving average price is $42.99. Sphere Entertainment has a twelve month low of $32.10 and a twelve month high of $51.83.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Ariel Investments LLC raised its holdings in Sphere Entertainment by 7.4% during the fourth quarter. Ariel Investments LLC now owns 5,744,192 shares of the company’s stock valued at $231,606,000 after acquiring an additional 394,050 shares during the period. Vanguard Group Inc. raised its stake in Sphere Entertainment by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 2,794,862 shares of the company’s stock valued at $112,689,000 after purchasing an additional 29,402 shares during the period. Dimensional Fund Advisors LP raised its stake in Sphere Entertainment by 0.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,465,363 shares of the company’s stock valued at $59,084,000 after purchasing an additional 9,837 shares during the period. Geode Capital Management LLC lifted its holdings in Sphere Entertainment by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 938,463 shares of the company’s stock worth $39,921,000 after purchasing an additional 24,772 shares in the last quarter. Finally, Steadfast Capital Management LP boosted its stake in Sphere Entertainment by 183.8% in the 4th quarter. Steadfast Capital Management LP now owns 926,100 shares of the company’s stock worth $37,340,000 after purchasing an additional 599,800 shares during the period. Institutional investors own 92.03% of the company’s stock.

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.