Sphere Entertainment Co. (SPHR) Research

Sphere Entertainment Co. is a prominent player in the entertainment sector, specializing in orchestrating, staging, and hosting a diverse array of live events. This encompasses musical concerts, family-oriented productions, and unique special occasions, alongside a variety of athletic competitions. Its sports programming includes professional boxing, collegiate basketball and hockey, professional bull riding, mixed martial arts, esports tournaments, and wrestling matches. These events are primarily hosted across its esteemed venues such as The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City, as well as The Chicago Theatre. Furthermore, Sphere Entertainment manages a substantial network of 70 entertainment, dining, and nightlife establishments, which are distributed across 20 global markets on five continents under renowned brands like Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia. The company also oversees the creation and operation of a leading music festival in New England. A highlight of its offerings is the iconic Radio City Rockettes, who are central to the celebrated Christmas Spectacular held annually at Radio City Music Hall. Previously known as Madison Square Garden Entertainment Corp., the organization adopted its current name, Sphere Entertainment Co., in April 2023. Established in 2006, the company maintains its headquarters in New York, New York.

Market snapshot

Symbol
SPHR
Price
$157.33
Day change
+3.27%
Market cap
$5.7B
P/E ratio
47.11x
52-week range
37.89-160.36
Sector
Communication Services
Industry
Entertainment
Next earnings
in 2 months
Analyst price target
$157.75

Recent news

  • Sphere Balloons To Record High Before Deflating

    Sphere Entertainment stock inflated to a record high after receiving two price-target hikes from Wall Street analysts.

Peer companies

  • AMC Entertainment Holdings, Inc. (AMC)
  • Atlanta Braves Holdings, Inc. (BATRA)
  • Cogent Communications Holdings, Inc. (CCOI)
  • DouYu International Holdings Limited (DOYU)
  • IAC InterActive Corp. (IAC)
  • IHS Holding Limited (IHS)
  • iQIYI, Inc. (IQ)
  • Lionsgate Studios Corp. (LION)

Recent insider activity

  • Dolan Kristin A — A-Award (1723 shares) on 2026-06-10
  • DOLAN THOMAS CHARLES — A-Award (1173 shares) on 2026-06-10
  • SYKES JOHN L — A-Award (1173 shares) on 2026-06-10
  • Sweeney Brian — A-Award (1173 shares) on 2026-06-10
  • DOLAN PAUL JOSEPH — A-Award (1173 shares) on 2026-06-10

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