Sphere Entertainment Co. (MSGE) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · NYSE
Sphere Entertainment Co. (MSGE) stock forecast summary
On Oct. 16, 2026, MSGE is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5184 stocks scored that day.
Sphere Entertainment Co. is a mid-cap company with a market capitalization of $3.79B. It ranks number 5 by market capitalization among the 19 Services-Amusement & Recreation Services issuers in our coverage with a current forecast.
For MSGE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 53.0%, measured on 319 forecast dates between 2023-04-21 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 29.0%, measured on 362 forecast dates between 2023-04-21 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How MSGE ranks among 5184 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Sphere Entertainment Co. (MSGE) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Services-Amusement & Recreation Services peers listed below that report each metric.
Valuation & Market
| Metric | MSGE | Rank |
|---|---|---|
| Market Cap | $3.79B | 5/19 |
| P/B Ratio | 1.70x | 8/11 |
| EPS | $-1.07 | – |
| Book Value/Share | $45.69 | – |
| Revenue/Share | $6.43 | – |
Profitability & Margins
| Metric | MSGE | Rank |
|---|---|---|
| ROE | -1.7% | – |
| ROA | -0.9% | 5/9 |
| ROIC | -1.8% | 10/15 |
| Operating Margin | -19.5% | 10/18 |
| Net Margin | -12.2% | 7/10 |
| EBT Margin | -20.8% | 11/18 |
| Tax Rate | 41.3% | – |
Financial Health
| Metric | MSGE | Rank |
|---|---|---|
| Current Ratio | 1.22x | 7/19 |
| Quick Ratio | 1.20x | – |
| D/E Ratio | 0.81x | 8/12 |
| Financial Leverage | 1.81x | 9/12 |
| Interest Coverage | 82.7x | 2/16 |
| Working Capital | $144M | 3/19 |
Cash Flow
| Metric | MSGE | Rank |
|---|---|---|
| Operating Cash Flow | $103M | 6/19 |
Operational Efficiency
| Metric | MSGE | Rank |
|---|---|---|
| Asset Turnover | 0.08x | 11/12 |
| Fixed Assets Turnover | 0.1x | 10/11 |
Income Statement
| Metric | MSGE | Rank |
|---|---|---|
| Total Revenue | $314M | 7/13 |
| Operating Income | -$61M | 18/19 |
| Net Income | -$38M | 10/10 |
| SG&A Expense | -$116M | 11/11 |
Dividend & Shareholder Information
| Metric | MSGE | Rank |
|---|---|---|
| Shares Outstanding | 49M | – |
| Net Income Growth | -125.2% | – |
| EPS Growth | -131.6% | 4/5 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $784M | 19.4% of assets |
| Cash & Short-term Investments | $551M | 13.7% of assets |
| Inventory | $18M | 0.4% of assets |
| Total Liabilities | $1.81B | 44.8% of assets |
| Short-term Debt | $627M | 15.5% of assets |
MSGE quarterly financials and insider trading
Sphere Entertainment Co. (MSGE) industry peers
Companies classified under the same SEC industry code as Sphere Entertainment Co. (Services-Amusement & Recreation Services): 21 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| MSGE Sphere Entertainment Co. | ▶ | $3.79B |
| LYV Live Nation Entertainment, Inc. | ▼ | $40.18B |
| TKO Tko Group Holdings, Inc. | ▶ | $33.22B |
| WMG Warner Music Group Corp. | ▶ | $16.43B |
| LLYVA Liberty Live Holdings, Inc. | ▶ | $8.73B |
| ACEL Accel Entertainment, Inc. | ▼ | $883M |
| LUCK Lucky Strike Entertainment Corp | ▲ | $656M |
| RSVR Reservoir Media, Inc. | ▶ | $622M |
| ROLR High Roller Technologies, Inc. | ▼ | $53M |
| GLXZ Galaxy Gaming, Inc. | ▼ | $40M |
| GAME Gamesquare Holdings, Inc. | ▲ | $34M |
| NOMA Nomadar Corp. | ▼ | $30M |
| SFRX Seafarer Exploration Corp | ▶ | $26M |
| AIFA All In Futuretech Alliance, Inc. | ▲ | $24M |
| SSGC Safespace Global Corp | ▶ | $14M |
| ADTI Adapti, Inc. | ▲ | $13M |
| APHP American Picture House Corp | ▶ | $7M |
| FLZH Flash Sports & Media Holdings, Inc. | ▼ | $3M |
| GMBL Esports Entertainment Group, Inc. | ▲ | $140K |
| BOTY Lingerie Fighting Championships, Inc. | ▼ | N/A |
| SPQS Sportsquest, Inc. | ▼ | N/A |
Where MSGE sits on the market map
Sphere Entertainment Co. (MSGE) stock news
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Sphere Entertainment Co. (MSGE) stock forecast FAQ
What is the Sphere Entertainment Co. (MSGE) stock forecast?
On Oct. 16, 2026, MSGE is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5184 stocks scored that day.
How accurate are Sphere Entertainment Co. stock predictions?
For MSGE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 53.0%, measured on 319 forecast dates between 2023-04-21 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 29.0%, measured on 362 forecast dates between 2023-04-21 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Sphere Entertainment Co. forecasts updated?
Sphere Entertainment Co. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Sphere Entertainment Co.'s industry peers?
21 issuers in our coverage, MSGE included, share the SEC industry code Services-Amusement & Recreation Services. The largest are: Live Nation Entertainment, Inc. (LYV), Tko Group Holdings, Inc. (TKO), Warner Music Group Corp. (WMG), Liberty Live Holdings, Inc. (LLYVA), Accel Entertainment, Inc. (ACEL), Lucky Strike Entertainment Corp (LUCK).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.