What is Seaport Res Ptn’s Forecast for SPHR Q3 Earnings?

Sphere Entertainment Co. (NYSE:SPHR) – Seaport Res Ptn issued their Q3 2026 earnings per share estimates for Sphere Entertainment in a research note issued to investors on Monday, March 3rd. Seaport Res Ptn analyst D. Joyce anticipates that the company will post earnings per share of ($1.68) for the quarter. The consensus estimate for Sphere Entertainment’s current full-year earnings is ($11.47) per share. Seaport Res Ptn also issued estimates for Sphere Entertainment’s Q4 2026 earnings at ($2.15) EPS, Q1 2027 earnings at ($2.61) EPS and Q2 2027 earnings at ($1.29) EPS.

Other research analysts have also issued research reports about the stock. JPMorgan Chase & Co. reduced their price objective on shares of Sphere Entertainment from $57.00 to $54.00 and set an “overweight” rating for the company in a research note on Tuesday. Macquarie reduced their price target on Sphere Entertainment from $47.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 13th. Guggenheim decreased their price objective on Sphere Entertainment from $49.00 to $48.00 and set a “buy” rating for the company in a report on Tuesday, November 12th. Finally, Morgan Stanley dropped their target price on Sphere Entertainment from $45.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Monday, November 11th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $47.38.

Sphere Entertainment Stock Performance

SPHR stock opened at $37.66 on Wednesday. Sphere Entertainment has a one year low of $32.10 and a one year high of $51.83. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of -3.59 and a beta of 1.39. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.56 and a current ratio of 0.56. The firm has a 50-day simple moving average of $43.52 and a two-hundred day simple moving average of $43.06.

Hedge Funds Weigh In On Sphere Entertainment

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sterling Capital Management LLC lifted its stake in Sphere Entertainment by 826.1% during the 4th quarter. Sterling Capital Management LLC now owns 852 shares of the company’s stock valued at $34,000 after acquiring an additional 760 shares during the period. Ancora Advisors LLC acquired a new position in Sphere Entertainment during the fourth quarter valued at $40,000. Tower Research Capital LLC TRC boosted its holdings in Sphere Entertainment by 108.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,311 shares of the company’s stock valued at $53,000 after purchasing an additional 681 shares during the last quarter. Blue Trust Inc. grew its position in Sphere Entertainment by 149.5% during the 4th quarter. Blue Trust Inc. now owns 1,522 shares of the company’s stock worth $67,000 after purchasing an additional 912 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Sphere Entertainment during the 4th quarter valued at about $93,000. Institutional investors and hedge funds own 92.03% of the company’s stock.

Sphere Entertainment Company Profile

Sphere Entertainment Co engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre.