SPHR
Sphere Entertainment Co.
NYSE: SPHR · COMMUNICATION SERVICES · ENTERTAINMENT
$126.91
-1.88% today
Updated 2026-06-05
Market cap
$5.49B
P/E ratio
51.60
P/S ratio
4.14x
EPS (TTM)
$2.97
Dividend yield
—
52W range
$38 – $155
Volume
0.7M
WallStSmart proprietary scores
45
out of 100
Grade: C
Sell
Investment rating
7.3
Growth
B+4.0
Quality
C4.0
Profitability
C3.0
Valuation
D1/9
Piotroski F-Score
Weak
0.5
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →199 stocks currently score above 75
Price targets
Analyst target
$163.17
+28.57%
12-Month target
$4.96
-96.09%
Intrinsic (DCF)
$71.34
Margin of safety
-32.88%
3 Strong Buy7 Buy2 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ Free cash flow $131.35M — positive
+ Revenue growth 37.70% QoQ
+ Debt/equity 0.42x — low leverage
Risks
- Piotroski 1/9 — weak financial health
- Altman Z 0.51 — distress zone
- 32.88% above intrinsic value
- P/E 51.60x — expensive valuation
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $610.05M | $573.83M | $1.03B | $1.03B | $1.33B |
| Net income | $-194.40M | $502.77M | $-200.65M | $-200.65M | $4.46M |
| EPS | — | — | — | — | $2.97 |
| Free cash flow | $-663.88M | $-1.02B | $-309.41M | $-309.41M | $131.35M |
| Profit margin | -31.87% | 87.62% | -19.54% | -19.54% | 8.58% |
Peer comparison
Smart narrative
Sphere Entertainment Co. trades at $126.91. representing a P/E of 51.60x trailing earnings. Our Smart Value Score of 45/100 indicates the stock is fair. The company scores 1/9 on the Piotroski F-Score. With an Altman Z-Score of 0.51, it sits in the distress. TTM revenue stands at $1.33B. with profit margins at 8.58%. Our DCF model estimates intrinsic value at $71.34.
Frequently asked questions
What is Sphere Entertainment Co.'s stock price?
Sphere Entertainment Co. (SPHR) trades at $126.91, on a P/E of 51.6x and a P/S of 4.1x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Sphere Entertainment Co. overvalued?
Sphere Entertainment Co. carries a Smart Value Score of 45/100 (Grade C), which we rate Sell. That score blends growth, quality, and valuation into one read. On valuation specifically, our conservative DCF puts intrinsic value at $71.34 against the $126.91 price, so on cash flow terms the market is paying a premium for Sphere Entertainment Co.'s growth. The Sell rating reflects that growth and quality, while the DCF flags that the price already assumes a lot.
What is the price target of Sphere Entertainment Co. (SPHR)?
The 12-month analyst consensus target is $163.17, about 28.6% above the current $126.91. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the intrinsic value of Sphere Entertainment Co. (SPHR)?
Our DCF model estimates intrinsic value at $71.34, a -32.9% margin of safety versus today's $126.91. Intrinsic value is what the projected cash flows are worth today. A negative reading means the price is running ahead of that conservative estimate, leaving little downside cushion if growth slows.
What is Sphere Entertainment Co.'s revenue?
Sphere Entertainment Co.'s trailing twelve-month revenue is $1.33B. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Sphere Entertainment Co.'s Altman Z-Score is 0.51, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorCOMMUNICATION SERVICES
IndustryENTERTAINMENT
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio4.14x
ROE5.33%
Beta1.65
50D MA$135.20
200D MA$97.29
Shares out0.03B
Float0.02B
Short ratio—
Avg volume0.7M
Performance
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