Insider buying last 90 days
No open-market insider purchases were filed for SPHR in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every SPHR insider filing, plotted on the chart in Gekko.Open SPHR in Gekko
NYSE: SPHR
Sphere Entertainment (SPHR) Stock Analysis & Forecast
Sep 28 close
$138.72−2.41 (−1.7%)
Gekko Brief
AI summaryThis week's news centers on Sphere's live entertainment push rather than financial results. Sphere debuted enhanced and expanded 4D effects for The Wizard of Oz, adding animatronic Winged Monkeys, themed scents and pyrotechnics, while the company also announced a new multi-year technology partnership with Disguise to advance immersive live entertainment production at its venue. Separate balance sheet coverage noted total assets and liabilities figures for Q2 2026.
SPHR closed at $138.72, down 1.7%, with its close sitting between the 50-day average of $148.61 and the 200-day average of $128.15, reflecting a mixed trend. The GekkoIndex reads 64.2, placing the stock in the Accumulation zone. Price sits 13.9% below Gekko Fair Value of $161.18. Over the trailing year the stock has returned 140%, though the past month and three months show declines of 5.9% and 19.5% respectively.
Sphere's next earnings date falls on 3 November 2026, 35 days out, beyond a typical 20-trading-day holding window; the last report showed a smaller-than-expected loss of $1.07 per share against an estimate of $1.52, with a 2.2% reaction. Options activity shows one unusual signal in the last 30 days with call premium of $925,515 and no put premium. Analyst coverage stands at 8 buy and 1 hold across 9 firms, with a consensus target of $179.92. Seasonality over 5 years shows a 0.1% average 20-day return from this point, positive in 3 of those years.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Sphere Entertainment price vs fair value
Close $138.72200-day averageGekko Fair Value $161.18
Sphere Entertainment quick facts
- Market cap
- $4.99B
- P/E ratio
- —
- Forward P/E
- 28.4
- EPS, TTM
- −$2.16
- Revenue, TTM
- $1.36B
- Profit margin
- -5.7%
- Dividend yield
- —
- Beta
- 1.61
- Volume
- 405,236 avg 534,443
- 1-year return
- +140.0%
- Typical daily move
- ±4.1%
- Typical 20-day move
- ±10.4%
- 50-day average
- $148.61
- 200-day average
- $128.15
- Next earnings
- Nov 3
- Shares outstanding
- 29.05M
Sphere Entertainment swing-trade checklist
Sphere Entertainment scores 5 supportive, 1 mixed and 0 headwinds across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
5 supportive1 mixed0 headwinds
- Trendmixed
Averages disagree
Close $138.72 sits between the 50-day ($148.61) and 200-day ($128.15) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
64.2, Accumulation
Reading 64.2 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
13.9% below
Price is 13.9% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 30 days: 1 unusual options signal.
See smart money - Earnings risksupportive
Reports in 35 days
Next report Nov 3, 2026, 35 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+0.1% on average
From this point in the calendar, the next 20 trading days averaged +0.1% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Sphere Entertainment stock chart and price history
Sphere Entertainment closed at $138.72 on Sep 28, 2026, +140.0% over the past year, inside a 52-week range of $57.01 to $181.63.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −5.9%
- 3 months
- −19.5%
- 6 months
- +29.9%
- 1 year
- +140.0%
The full SPHR chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open SPHR in Gekko
Follow Sphere Entertainment through every session
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About Sphere Entertainment
Sphere Entertainment organizes and presents live events of many kinds, from concerts and family shows to special occasions and sporting contests. Its sports lineup takes in boxing, college basketball and hockey, bull riding, mixed martial arts, esports and wrestling. The company is widely recognized for the Radio City Rockettes and their annual Christmas Spectacular at Radio City Music Hall.
These programs run through venues including The Garden, Hulu Theater, Radio City Music Hall and the Beacon Theatre in New York City, along with The Chicago Theatre. Beyond live events, Sphere Entertainment operates roughly seventy dining, nightlife and entertainment venues spread across twenty markets on five continents, under names such as Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan and Omnia. It also produces a music festival in New England, extending its reach into recurring live entertainment beyond its home venues.
The company was formerly called Madison Square Garden Entertainment Corp. before taking the name Sphere Entertainment Co. in April 2023. It was established in 2006 and is headquartered in New York, New York. Its shares are listed on the NYSE under the ticker SPHR.
- Listed
- NYSE
- Sector
- Consumer services
- Industry
- Media conglomerates
- Website
- sphereentertainmentco.com
Sphere Entertainment GekkoIndex: the smart money zone
Sphere Entertainment’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 64.2, in the Accumulation zone, up 4.6 points over five sessions.
64.2Accumulation
Up 4.6 points over five sessions, from the Neutral zone.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days |
|---|---|---|---|
| Buying | 26 | −0.7% | −0.8% |
| Accumulation (current zone) | 184 | +0.5% | +8.5% |
| Neutral | 390 | +1.9% | +4.8% |
| Distribution | 59 | +0.4% | +1.1% |
| Selling | 13 | +7.3% | +22.4% |
Average SPHR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the SPHR price, zone by zone.Track SPHR in Gekko
Is Sphere Entertainment stock overvalued? Gekko Fair Value
Sphere Entertainment trades 13.9% below Gekko Fair Value of $161.18, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Sphere Entertainment shares are worth, recalculated every trading day.
$161.18
Gekko Fair Value, Sep 26, 2026
13.9% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open SPHR in Gekko
Sphere Entertainment insider and Congress trading
No open-market insider purchases were filed for Sphere Entertainment, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in SPHR were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for SPHR, plotted on the chart in Gekko.Open SPHR in Gekko
Buybacks
Sphere Entertainment has been buying back its own shares.
- Bought back, quarter ended Dec 31, 2025
- $16K
- As a share of market cap
- 0.00%
From company filings.
Unusual options activity last 30 days
1signal, 100% of the flagged premium in calls.
Latest: Bullish flow on Aug 29, $926K in unusual premium.
Hedge funds and billionaires quarter ended Jun 30
1of the funds Gekko tracks holds SPHR.
1added0opened0trimmed0sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko
Sphere Entertainment earnings: next date and track record
Sphere Entertainment reports on Nov 3, 2026 (35 days away), and beat the EPS estimate in 6 of its last 8 reports.
Next earnings report
Nov 3, 2026
35 days away
- EPS estimate
- −$1.53
- Revenue estimate
- $284.3M
6 of 8reports beat the EPS estimate
±9%average move across the report
5 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 30, 2026 AI summary
- What they said
- SPHR reported Q2 2026 total revenues of $313.6M and adjusted operating income of $50.9M. Sphere segment revenues grew nearly 30% YoY to $226.4M, driven by Wizard of Oz ticket sales nearing $450M across 3.6M tickets sold. Sphere segment AOI improved to $39.9M from $24.9M prior year. MSG Networks debt reduced to $116M. Company advancing Abu Dhabi Sphere (2029 completion) and National Harbor Sphere with third-party financing expected soon.
- Guidance
- Abu Dhabi Sphere targeted for completion by end of 2029; National Harbor Sphere could open in under 4 years pending permits and financing. Rocky Horror Picture Show experience expected to debut at Sphere in 2027, expanding content slate and venue utilization.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 30, 2026 | −$1.07 est −$1.52 | $313.6M est $307.4M | +2.2% |
| May 5, 2026 | $0.01 est −$0.31 | $386.4M est $368.2M | +5.4% |
| Feb 12, 2026 | $1.23 est −$0.12 | $394.3M est $372.0M | +21.9% |
| Nov 4, 2025 | −$1.37 est −$1.62 | $386.4M est $368.2M | +10.7% |
| Aug 11, 2025 | −$2.71 est −$1.57 | $394.3M est $375.8M | −3.8% |
| May 8, 2025 | −$2.27 est −$2.48 | $262.5M est $265.9M | +9.2% |
| Mar 3, 2025 | −$3.49 est −$2.15 | $282.7M est $281.1M | −13.9% |
| Nov 12, 2024 | −$2.95 est −$3.19 | $227.9M est $247.5M | −5.2% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Sphere Entertainment stock forecast and analyst price targets
Analysts’ average 12-month price target for Sphere Entertainment is $179.92, +29.7% from the last close, from 9 firms rating the stock in the last 90 days.
$179.92consensus 12-month target, +29.7% from the last close
Now $138.72Avg $179.92
Low $158High $208
Each firm’s latest rating in the last 90 days: 9 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 28 | BTIG | $190 | +37.0% |
| Sep 2 | Guggenheim | $208 | +49.9% |
| Aug 30 | Goldman Sachs | — | — |
| Aug 28 | Piper Sandler | $185 | +33.4% |
| Aug 20 | Piper Sandler | $185 | +33.4% |
+8.5%average 20-day move after past Accumulation readings
+0.1%average move over the next 20 trading days in the last 5 years
±4.1%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Sphere Entertainment seasonality: the next 20 trading days
Over the next 20 trading days from Sep 26, Sphere Entertainment averaged +0.1% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +1.9% | 3 of 5 |
| Next 10 trading days | −1.7% | 2 of 5 |
| Next 15 trading days | +0.9% | 3 of 5 |
| Next 20 trading days | +0.1% | 3 of 5 |
| Next 30 trading days | +5.4% | 3 of 5 |
For scale, SPHR’s typical 20-trading-day move in either direction is about 10.4%.
Sphere Entertainment market cap and key statistics
Sphere Entertainment’s market cap is $4.99B and revenue of $1.36B over the last twelve months.
Valuation
- Market cap
- $4.99B
- Forward P/E
- 28.4
- EPS, TTM
- −$2.16
- Gekko Fair Value
- $161.18
Trading
- Volume
- 405,236
- Avg volume, 20 days
- 534,443
- 52-week high
- $181.63
- 52-week low
- $57.01
- Shares outstanding
- 29.05M
Financials
- Revenue, TTM
- $1.36B
- Profit margin
- -5.7%
- Return on equity
- -3.1%
- Quarterly earnings growth, YoY
- 0.0%
Risk and income
- Beta
- 1.61
- Typical daily move
- ±4.1%
- Typical 20-day move
- ±10.4%
Sphere Entertainment stock news this week
4 headlines about Sphere Entertainment from the past week, newest first, each linking to the publisher.
- Return on invested capital % of Sphere Entertainment Co. Class A – BX:SPHRUSDTradingView, Sep 28
- Sphere Entertainment Co. Class A Balance Sheet – BX:SPHRTradingView, Sep 28
- Sphere Debuts Enhanced and Expanded 4D Effects for The Wizard of Oz at SphereBusiness Wire, Sep 25
- Sphere and Disguise Announce Multi-Year Technology Partnership to Advance the Future of Immersive Live EntertainmentBusiness Wire, Sep 23
Sphere Entertainment stock FAQ
What is Sphere Entertainment’s market cap?
Sphere Entertainment’s market cap is $4.99B at the Sep 28, 2026 close of $138.72, with 29.05M shares outstanding.
What is the Sphere Entertainment stock forecast?
The consensus analyst 12-month price target for Sphere Entertainment is $179.92, +29.7% from the last close. Of the 9 firms that rated the stock in the last 90 days, 8 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Sphere Entertainment stock overvalued or undervalued?
On Gekko’s estimate Sphere Entertainment is undervalued: the Sep 28, 2026 close of $138.72 is 13.9% below Gekko Fair Value of $161.18. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Sphere Entertainment report earnings next?
Sphere Entertainment is expected to report on Nov 3, 2026 (35 days away). Analysts expect earnings of −$1.53 per share on revenue of $284.3M. Sphere Entertainment beat the earnings estimate in 6 of its last 8 reports, moving 9% on average across the report.
What is Sphere Entertainment’s 52-week high and low?
Sphere Entertainment’s 52-week high is $181.63 and its 52-week low is $57.01; it closed at $138.72 on Sep 28, 2026, +140.0% over the past year.
Is Sphere Entertainment stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 5 of the 6 items with data read as supportive (gekkoindex, fair value, smart money, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in Sphere Entertainment?
Gekko flagged 1 unusual options signal in Sphere Entertainment over the last 30 days, with $926K of flagged premium in calls and $0 in puts. The latest, bullish flow, was on Aug 29, 2026 with $926K in unusual premium. The signal-by-signal table is in Gekko.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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