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    Sphere Entertainment Co. (SPHR)

    Official site

    COMMUNICATION SERVICES • ENTERTAINMENT • NYSE

    $104.06
    +1.60 (+1.56%)

    Market Cap: $3.73B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    62%(16/26)
    Avg Surprise
    -407.70%
    Streak
    8 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$-1.62
    Range$-1.85 - $-1.26
    4 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$-1.07-51.6%
    60d ago$-1.26-28.8%
    30d ago$-1.53-5.7%
    7d ago$-1.53-5.7%
    Current$-1.62
    Revenue Consensus
    $274M
    Range$265M - $289M
    10 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.20
    Range$0.86 - $1.58
    3 analysts
    Revenue Consensus
    $405M
    Range$390M - $427M
    12 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$1.20---
    Sep 26EST
    -$-1.62---
    Jun 26
    Reported Jul 30
    $-1.07$-1.52+29.61%Beat-128.7%
    Mar 26
    Reported May 5
    $0.14N/A+131.82%Beat+108.8%
    Dec 25
    Reported Feb 12
    $1.55$-0.19+915.79%Beat+198.7%
    Sep 25
    Reported Nov 4
    $-1.12$-1.87+40.11%Beat+62.1%
    Jun 25
    Reported Aug 11
    $3.73$-1.41+364.54%Beat+320.7%
    Mar 25
    Reported May 8
    $-1.60$-2.16+25.93%Beat-83.9%
    Dec 24
    Reported Mar 3
    $-1.57$-1.97+20.30%Beat-16.3%
    Sep 24
    Reported Nov 12
    $-2.95$-3.19+7.54%Beat-262.2%
    Jun 24
    Reported Aug 14
    $-1.69$-1.52-11.18%Miss-116.6%
    Mar 24
    Reported May 10
    $-0.87$0.51-270.59%Miss-970.0%
    Dec 23
    Reported Feb 5
    $-1.35$-0.01-13400.00%Miss-156.7%
    Sep 23
    Reported Nov 8
    $1.82$1.98-8.08%Miss+333.3%
    Jun 23
    Reported Aug 22
    $10.21$-0.59+1830.51%Beat+529.0%
    Mar 23
    Reported May 10
    $0.10N/A+114.29%Beat+200.0%
    Dec 22
    Reported Feb 9
    $2.38$0.81+193.83%Beat+750.0%
    Sep 22
    Reported Nov 9
    $-0.78$-0.96+18.75%Beat+25.0%
    Jun 22
    Reported Aug 19
    $-2.38$-0.47-406.38%Miss+50.9%
    Mar 22
    Reported May 9
    $-0.10N/A-134.48%Miss+96.9%
    Dec 21
    Reported Mar 31
    $0.28N/A-76.07%Miss+105.5%
    Sep 21
    Reported Nov 9
    $-1.04$-1.19+12.61%Beat+63.4%
    Jun 21
    Reported Aug 23
    $-4.85$-3.20-51.56%Miss-7.1%
    Mar 21
    Reported May 7
    $-3.26$-4.38+25.57%Beat-145.1%
    Dec 20
    Reported Mar 31
    $-5.08$-3.86-31.61%Miss-
    Sep 20
    Reported Nov 16
    $-2.84$-3.67+22.62%Beat-
    Jun 20
    Reported Aug 14
    $-4.53$-4.17-8.63%Miss-
    Mar 20
    Reported Jun 29
    $-1.33$-2.40+44.58%Beat-

    Key Metrics

    Valuation
    P/E Ratio-208.12EV/EBITDA17.81x
    Price/FCF10.48xFCF Yield9.55%
    Profitability
    Profit Margin-5.66%Operating Margin-19.60%
    ROE-3.10%ROIC-3.40%
    Financial Health
    Debt/Equity0.35xInterest Coverage-4.27x
    Current Ratio1.22xQuick Ratio1.22x
    Trading Statistics
    Beta1.60Avg Volume902.69K
    52-Week High$181.6352-Week Low$58.18

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$110.55
    SMA 20$125.28
    SMA 50$141.97
    SMA 200$129.58
    EMA 10$111.31
    EMA 20$120.80
    EMA 50$133.70
    EMA 200$125.29

    MACD

    Line: -11.27Signal: -9.15Hist: -2.12

    ADX

    ADX: 34.4+DI: 11.4-DI: 42.9

    Aroon & PSAR

    Aroon Up24.0
    Aroon Down100.0
    PSAR$121.17

    Bollinger Bands

    Upper Band$158.86
    Lower Band$91.70
    %B Position5361%(Upper)
    Band Width0.18

    RSI (14-Day)

    Oversold
    24.9

    Momentum Oscillators

    Stoch %K6.5
    Stoch %D7.2
    Williams %R-86.8
    ROC (10d)-22.6%
    Momentum-30.38
    CCI (20d)-101.5
    MFI (14d)14.4

    Volatility Measures

    ATR (14d)$6.55(6.3%)
    StdDev (20d)16.79
    Hist Vol57.4%(High)

    Volume Flow

    VWAP$102.41
    OBV26.4M
    AD Line4.0M
    CMF (20d)-0.252

    Volume Metrics

    Avg Vol (20d)954.6K
    Vol Ratio1.5x(High)
    VWMA (20d)$117.94

    Pivot Points

    R3$105.63
    R2$104.81
    R1$103.64
    Pivot Point$102.82
    S1$101.65
    S2$100.83
    S3$99.66

    Advanced Oscillators

    TSI-47.25
    Ultimate Osc41.9
    KST-231.97

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$313.64M$386.41M$394.28M$262.51M$282.68M$280.57M$308.29M$227.91M$273.39M$227.91M$273.39M$118.01M
    Cost of Revenue$0$0$163.35M$0$0$0$163.30M$0$0$0$0$0
    Gross Profit$313.64M$386.41M$394.28M$262.51M$282.68M$280.57M$144.99M$227.91M$273.39M$227.91M$273.39M$118.01M
    Operating Expenses$374.90M$379.21M$365.36M$392.23M$332.84M$359.18M$287.93M$345.53M$344.77M$345.53M$344.77M$187.80M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$139.21M$121.70M$114.93M$99.69M$113.02M$114.27M$114.24M$118.98M$107.04M$118.98M$107.04M$87.14M
    Operating Income$-61,262,000$7.20M$28.92M$-129,717,000$-50,159,000$-78,609,000$-142,941,000$-117,619,000$-71,377,000$-117,619,000$-71,377,000$-69,789,000
    Interest Income$4.79M$3.95M$2.80M$2.74M$4.08M$3.88M$0$7.04M$7.73M$7.04M$7.73M$4.38M
    Interest Expense$8.27M$10.11M$9.08M$9.40M$-320,230,000$26.21M$30.41M$26.97M$26.92M$26.97M$26.92M$0
    Income Before Tax$-65,253,000$-381,000$22.44M$-136,707,000$273.75M$-102,277,000$-168,330,000$-138,249,000$-93,182,000$-138,249,000$-93,182,000$-23,215,000
    Income Tax Expense$-26,926,000$-4,841,000$-42,295,000$-35,511,000$121.94M$-20,323,000$-42,380,000$-32,966,000$-21,965,000$-32,966,000$-21,965,000$-90,287,000
    Net Income$-38,327,000$4.46M$64.74M$-101,196,000$151.82M$-81,954,000$-125,950,000$-105,283,000$-46,586,000$-105,283,000$-46,586,000$66.42M
    EBITDA$32.18M$102.23M$126.34M$-36,679,000$39.87M$12.20M$117.96M$-29,252,000$-74,220,000$-29,252,000$89.78M$-12,249,000
    EBIT$-61,766,000$5.78M$28.72M$-130,045,000$-50,559,000$-79,949,000$34.64M$-118,314,000$-86,147,000$-118,314,000$-73,990,000$-27,593,000
    * Some calculated fields are derived from available data when not provided by source

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    SPHR Valuation and Fair Value

    P/E
    -208.1x
    Forward P/E
    28.4x
    EV/EBITDA
    17.8x
    P/FCF
    10.5x
    P/B
    1.7x
    See GNG's fair value

    SPHR Profitability: Margins, ROIC and FCF

    Gross margin
    100.0%
    Operating margin
    -19.6%
    Net margin
    -5.7%
    ROIC
    -3.4%
    ROE
    -3.1%
    FCF margin
    26.5%
    FCF yield
    9.5%

    SPHR Analyst Ratings

    Consensus
    Buy
    Analysts
    13
    Strong Buy
    4
    Buy
    8
    Hold
    1
    Sell
    0
    Strong Sell
    0

    SPHR Bull Case vs Bear Case

    Bull case

    • SPHR converts 26.5% of revenue into free cash flow.
    • SPHR beat EPS estimates in 100.0% of its last 8 reported quarters.
    • SPHR grew quarterly revenue 11.0% year over year.

    Bear case

    • SPHR has a -5.7% net profit margin.

    SPHR Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    192.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $-1.62
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    Frequently Asked Questions About SPHR

    Does SPHR pay dividends?

    Sphere Entertainment Co. (SPHR) does not currently pay a regular dividend.

    What is SPHR's market cap?

    Sphere Entertainment Co. (SPHR) has a market capitalization of $3.73B with a current stock price of $104.06.

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