Sphere Entertainment Co. Q3 2026 Earnings Call Summary
Management is advancing plans for the next Sphere project, which is anticipated to be located in the U.S., with an ...
Model output · Signal date 2026-11-06
Sphere Entertainment Co. (SPHR) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
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90-day forecast
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30-day forecast
Alpha
Rank in coverage
of 5150 stocks scored
Rank correlation · 90D
39.0%
Spearman, 357 dates
Market Cap
$4.31B
mid-cap · #5 of 20 peers
Summary
Sphere Entertainment Co. (SPHR) stock forecast summary
Our AI scores Sphere Entertainment Co. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Sphere Entertainment Co. is a mid-cap company with a market capitalization of $4.31B. It ranks number 5 by market capitalization among the 20 Services-Amusement & Recreation Services issuers in our coverage with a current forecast.
For SPHR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 39.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 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 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, SPHR included.
Price
SPHR price chart and AI forecast
Cross-section · 2026-11-06
How SPHR ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-09-30
Sphere Entertainment Co. (SPHR) 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 | SPHR | Rank |
|---|---|---|
| Market Cap | $4.31B | 5/20 |
| P/B Ratio | 2.18x | 6/10 |
| EPS | $-3.11 | – |
| Book Value/Share | $55.05 | – |
| Revenue/Share | $9.06 | – |
Profitability & Margins
| Metric | SPHR | Rank |
|---|---|---|
| ROE | -5.7% | 4/5 |
| ROA | -3.0% | 9/12 |
| ROIC | -5.6% | 11/16 |
| Operating Margin | -52.9% | 13/20 |
| Net Margin | -34.8% | 8/12 |
| EBT Margin | -53.3% | 14/20 |
| Tax Rate | 34.7% | – |
Financial Health
| Metric | SPHR | Rank |
|---|---|---|
| Current Ratio | 1.17x | 7/19 |
| Quick Ratio | 1.15x | – |
| D/E Ratio | 0.88x | 8/12 |
| Financial Leverage | 1.88x | 9/12 |
| Interest Coverage | 82.7x | 2/17 |
| Working Capital | $116M | 3/19 |
Cash Flow
| Metric | SPHR | Rank |
|---|---|---|
| Operating Cash Flow | $199M | 4/21 |
Operational Efficiency
| Metric | SPHR | Rank |
|---|---|---|
| Asset Turnover | 0.09x | 11/12 |
| Fixed Assets Turnover | 0.1x | 10/11 |
Income Statement
| Metric | SPHR | Rank |
|---|---|---|
| Total Revenue | $325M | 7/13 |
| Operating Income | -$172M | 21/21 |
| Net Income | -$113M | 12/13 |
| SG&A Expense | $248M | 4/11 |
Dividend & Shareholder Information
| Metric | SPHR | Rank |
|---|---|---|
| Shares Outstanding | 36M | – |
| Net Income Growth | -172.6% | 6/6 |
| EPS Growth | -187.8% | 5/5 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $787M | 21.1% of assets |
| Cash & Short-term Investments | $527M | 14.2% of assets |
| Inventory | $17M | 0.5% of assets |
| Total Liabilities | $1.75B | 46.9% of assets |
| Short-term Debt | $635M | 17.0% of assets |
Quarterly Financial Reports
SPHR quarterly financials and insider trading
Industry Peers · Services-Amusement & Recreation Services
Sphere Entertainment Co. (SPHR) industry peers
Companies classified under the same SEC industry code as Sphere Entertainment Co. (Services-Amusement & Recreation Services): 22 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 (Alpha) | Market Cap |
|---|---|---|
| SPHR Sphere Entertainment Co. | $4.31B | |
| LYV Live Nation Entertainment, Inc. | $41.29B | |
| TKO Tko Group Holdings, Inc. | $36.15B | |
| WMG Warner Music Group Corp. | $16.35B | |
| LLYVA Liberty Live Holdings, Inc. | $9.40B | |
| ACEL Accel Entertainment, Inc. | $1.11B | |
| RSVR Reservoir Media, Inc. | $673M | |
| LUCK Lucky Strike Entertainment Corp | $522M | |
| TONT Graf Global Corp. | $155M | |
| GLXZ Galaxy Gaming, Inc. | $41M | |
| ROLR High Roller Technologies, Inc. | $33M | |
| GAME Gamesquare Holdings, Inc. | $32M | |
| SFRX Seafarer Exploration Corp | $31M | |
| AIFA All In Futuretech Alliance, Inc. | $25M | |
| NOMA Nomadar Corp. | $23M | |
| SSGC Safespace Global Corp | $11M | |
| APHP American Picture House Corp | $6M | |
| FLZH Flash Sports & Media Holdings, Inc. | $740K | |
| MGAM Mobile Global Esports, Inc. | $150K | |
| GMBL Esports Entertainment Group, Inc. | $130K | |
| BOTY Lingerie Fighting Championships, Inc. | N/A | |
| SPQS Sportsquest, Inc. | N/A |
Where SPHR sits on the market map
Trade & Services · Services-Amusement & Recreation Services
News
Sphere Entertainment Co. (SPHR) stock news
Sphere Entertainment Stock Rises 6% Despite Wider Q3 Loss
Sphere Entertainment Co. is up 6.50 percent, gaining $7.07 to $115.92 on Thursday. The stock is rising despite the company's third-quarter results showing its net loss widening to ...
Sphere Entertainment’s (SPHR) Growth Continues, Though the Path is Uneven
O’Keeffe Stevens Advisory, an investment advisory firm, released its third-quarter 2026 investor letter. The letter can be downloaded here. The letter describes a narrow Q3 2026 market rally—mega-cap ...
FAQ
Sphere Entertainment Co. (SPHR) stock forecast FAQ
What is the Sphere Entertainment Co. (SPHR) stock forecast?
Our AI scores Sphere Entertainment Co. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Sphere Entertainment Co. stock predictions?
For SPHR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 39.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 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 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% 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 Nov. 6, 2026.
Which companies are Sphere Entertainment Co.'s industry peers?
22 issuers in our coverage, SPHR 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), Reservoir Media, Inc. (RSVR).
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.