SPHR
Neutral signalScored 2026-10-06 Drivers: Congress, fundamentals. Insiders: neutral. Moteurs : Congrès, fondamentaux. Initiés : neutre.
Research, not advice.
À propos
Sphere Entertainment Co.
- Nom
- Sphere Entertainment Co.
- Secteur
- Communication Services
- Industrie
- Entertainment
- Bourse
- NYSE
- Capitalisation
- $3.9B
- Employés
- 2,200
- PDG
- James Lawrence Dolan
- Site web
- https://www.sphereentertainmentco.com
- Marché
- AMCBATRACCOIDOYUIACIHS
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.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
Decouvert par les declarations du Congres
- Insiders
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- Total bought
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Avg buy (VWAP, 90d window) —
- Total sold
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Avg sell (VWAP, 90d window) —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
- Last activity
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- Last synced
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2026-10-06 10:56:08
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Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
No Form 4 filings for this company in this window.
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent trades
| Date | Representative | Type | Amount |
|---|---|---|---|
| 2026-06-15 | Jonathan Jackson | Purchase | $1,001 - $15,000 |
| 2025-04-08 | Gilbert Ray Cisneros | Purchase | $1,001 - $15,000 |
| 2025-04-04 | Gilbert Ray Cisneros | Purchase | $15,001 - $50,000 |
Signal
Neutral signalScored 2026-10-06 Drivers: Congress, fundamentals. Insiders: neutral. Moteurs : Congrès, fondamentaux. Initiés : neutre.
SPHR presents a fragile financial recovery with high valuation multiples and negative interest coverage, limiting conviction despite improved profitability.
The first sentence of the analysis written for SPHR on 2026-10-06 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Unavailable or mixed. No open-market purchase or sale value stored
- Congress Unavailable or mixed. 1 purchase disclosure year to date, a thin reading
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Pulls against a bullish reading. Current ratio 1.07 · operating margin -12%
Market snapshot
Financial ratios
| Metric | Trend | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 51.6% | 21.7% | 46.7% | 40.4% | 47.5% | |
| Ebit Margin | 10.5% | -27.3% | -27.3% | 48.0% | -27.5% | |
| Ebitda Margin | 38.0% | -2.3% | -2.3% | 66.0% | -7.1% | |
| Operating Profit Margin | -12.2% | -21.7% | -33.2% | -47.6% | -27.2% | |
| Pretax Profit Margin | 4.7% | -35.1% | -35.1% | 48.0% | -27.5% | |
| Continuous Operations Profit Margin | 2.7% | -21.9% | -21.9% | 30.0% | -22.6% | |
| Net Profit Margin | 2.7% | -19.5% | -19.5% | 87.6% | -31.9% | |
| Bottom Line Profit Margin | 2.7% | -19.5% | -19.5% | 87.6% | -31.9% | |
| Current Ratio | 1.066 | 0.630 | 0.630 | 0.901 | 1.268 | |
| Quick Ratio | 1.047 | 0.621 | 0.622 | 0.901 | 1.268 | |
| Solvency Ratio | 0.168 | 0.024 | 0.024 | 0.254 | -0.021 | |
| Cash Ratio | 0.701 | 0.407 | 0.407 | 0.191 | 0.778 | |
| Price To Earnings Ratio | 186.054 | -7.359 | -6.095 | 1.888 | -4.211 | |
| Price To Earnings Growth Ratio | -1.599 | 0.000 | 0.044 | -0.005 | -0.001 | |
| Forward Price To Earnings Growth Ratio | -1.599 | 0.000 | 0.044 | -0.005 | -0.001 | |
| Price To Earnings Diluted Ratio | 233.824 | -7.359 | -6.095 | 1.902 | -4.211 | |
| Price To Earnings Diluted Growth Ratio | -2.069 | 0.000 | 0.044 | -0.005 | -0.001 | |
| Price To Book Ratio | 2.795 | 0.620 | 0.506 | 0.367 | 0.424 | |
| Price To Sales Ratio | 5.115 | 1.459 | 1.190 | 1.654 | 1.364 | |
| Price To Free Cash Flow Ratio | 32.676 | -4.843 | -3.950 | -0.929 | -1.254 | |
| Price To Operating Cash Flow Ratio | 25.647 | -76.230 | -62.169 | 6.179 | 5.889 | |
| Debt To Assets Ratio | 0.217 | 0.317 | 0.317 | 0.266 | 0.197 | |
| Debt To Equity Ratio | 0.431 | 0.629 | 0.629 | 0.511 | 0.553 | |
| Debt To Capital Ratio | 0.301 | 0.386 | 0.386 | 0.338 | 0.356 | |
| Long Term Debt To Capital Ratio | 0.256 | 0.178 | 0.178 | 0.302 | 0.321 | |
| Financial Leverage Ratio | 1.984 | 1.982 | 1.982 | 1.925 | 2.813 | |
| Working Capital Turnover Ratio | -5.318 | -2.022 | -3.564 | 6.062 | 0.871 | |
| Operating Cash Flow Ratio | 0.327 | -0.014 | -0.014 | 0.222 | 0.147 | |
| Operating Cash Flow Sales Ratio | 0.199 | -0.019 | -0.019 | 0.268 | 0.232 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.785 | 15.740 | 15.740 | -6.650 | -4.697 | |
| Debt Service Coverage Ratio | 2.921 | 0.120 | 0.120 | 3.338 | -0.153 | |
| Interest Coverage Ratio | -2.102 | -2.792 | -4.273 | 0.000 | -8.115 | |
| Short Term Operating Cash Flow Coverage Ratio | 3.034 | -0.023 | -0.023 | 1.862 | 2.142 | |
| Operating Cash Flow Coverage Ratio | 0.253 | -0.013 | -0.013 | 0.116 | 0.130 | |
| Capital Expenditure Coverage Ratio | 4.649 | -0.068 | -0.068 | 0.131 | 0.176 | |
| Dividend Paid And Capex Coverage Ratio | 4.649 | -0.068 | -0.068 | 0.118 | 0.175 | |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 | 0.242 | -0.012 | |
| Enterprise Value Multiple | 14.394 | -102.984 | -91.401 | 5.645 | -27.214 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 51.6% | ▲30.0% | ▲10.1% |
| Ebit Margin | 10.5% | ▲37.8% | ▲15.2% |
| Ebitda Margin | 38.0% | ▲40.4% | ▲19.6% |
| Operating Profit Margin | -12.2% | ▲9.6% | ▲16.2% |
| Pretax Profit Margin | 4.7% | ▲39.8% | ▲13.7% |
| Continuous Operations Profit Margin | 2.7% | ▲24.6% | ▲9.5% |
| Net Profit Margin | 2.7% | ▲22.3% | ▼-1.1% |
| Bottom Line Profit Margin | 2.7% | ▲22.3% | ▼-1.1% |
| Current Ratio | 1.066 | ▲0.436 | ▲0.167 |
| Quick Ratio | 1.047 | ▲0.426 | ▲0.155 |
| Solvency Ratio | 0.168 | ▲0.145 | ▲0.079 |
| Cash Ratio | 0.701 | ▲0.294 | ▲0.204 |
| Price To Earnings Ratio | 186.054 | ▲193.413 | ▲151.999 |
| Price To Earnings Growth Ratio | -1.599 | ▼-1.599 | ▼-1.286 |
| Forward Price To Earnings Growth Ratio | -1.599 | ▼-1.599 | ▼-1.286 |
| Price To Earnings Diluted Ratio | 233.824 | ▲241.184 | ▲190.212 |
| Price To Earnings Diluted Growth Ratio | -2.069 | ▼-2.069 | ▼-1.662 |
| Price To Book Ratio | 2.795 | ▲2.174 | ▲1.852 |
| Price To Sales Ratio | 5.115 | ▲3.656 | ▲2.959 |
| Price To Free Cash Flow Ratio | 32.676 | ▲37.519 | ▲28.336 |
| Price To Operating Cash Flow Ratio | 25.647 | ▲101.877 | ▲45.783 |
| Debt To Assets Ratio | 0.217 | ▼-0.100 | ▼-0.046 |
| Debt To Equity Ratio | 0.430 | ▼-0.198 | ▼-0.120 |
| Debt To Capital Ratio | 0.301 | ▼-0.085 | ▼-0.053 |
| Long Term Debt To Capital Ratio | 0.256 | ▲0.078 | ▲0.009 |
| Financial Leverage Ratio | 1.984 | ▲0.002 | ▼-0.153 |
| Working Capital Turnover Ratio | -5.318 | ▼-3.297 | ▼-4.524 |
| Operating Cash Flow Ratio | 0.327 | ▲0.342 | ▲0.194 |
| Operating Cash Flow Sales Ratio | 0.200 | ▲0.219 | ▲0.067 |
| Free Cash Flow Operating Cash Flow Ratio | 0.785 | ▼-14.955 | ▼-3.398 |
| Debt Service Coverage Ratio | 2.921 | ▲2.801 | ▲1.652 |
| Interest Coverage Ratio | -2.102 | ▲0.691 | ▲1.355 |
| Short Term Operating Cash Flow Coverage Ratio | 3.034 | ▲3.058 | ▲1.636 |
| Operating Cash Flow Coverage Ratio | 0.253 | ▲0.266 | ▲0.158 |
| Capital Expenditure Coverage Ratio | 4.649 | ▲4.717 | ▲3.685 |
| Dividend Paid And Capex Coverage Ratio | 4.649 | ▲4.717 | ▲3.687 |
| Dividend Payout Ratio | 0.000 | 0.000 | ▼-0.046 |
| Enterprise Value Multiple | 14.394 | ▲117.378 | ▲54.706 |
Key metrics
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| Market cap | $6.24B | $1.50B | $1.22B | $949.1M | $832.4M | |
| Enterprise value | $6.68B | $2.46B | $2.18B | $2.14B | $1.17B | |
| EV / Sales | 5.48x | 2.39x | 2.12x | 3.73x | 1.92x | |
| EV / Op. cash flow | 27.46x | -125.01x | -110.95x | 13.92x | 8.29x | |
| EV / Free cash flow | 34.98x | -7.94x | -7.05x | -2.09x | -1.76x | |
| EV / EBITDA | 14.39x | -102.98x | -91.40x | 5.64x | -27.21x | |
| Net debt / EBITDA | 0.95x | -40.19x | -40.19x | 3.14x | -7.88x | |
| Current ratio | 1.07x | 0.63x | 0.63x | 0.90x | 1.27x | |
| Income quality | 7.29x | 0.04x | 0.10x | 0.30x | -0.74x | |
| Graham number | $36 | — | — | $156 | — | |
| Graham net-net | -$42 | -$47 | -$46 | -$62 | -$74 | |
| Tax burden | 58.4% | 55.7% | 55.7% | 182.5% | 115.9% | |
| Interest burden | 44.8% | 128.5% | 128.5% | 100.0% | 100.0% | |
| Working capital | $49.2M | -$508.0M | -$508.0M | -$68.2M | $257.6M | |
| Invested capital | $3.22B | $3.06B | $3.26B | $3.80B | $2.96B | |
| Return on assets | 0.8% | -4.2% | -4.2% | 10.1% | -3.5% | |
| Operating ROA | -3.2% | -4.7% | -7.0% | -5.2% | -3.1% | |
| Return on tangible assets | 0.8% | -4.6% | -4.7% | 11.2% | -3.9% | |
| Return on equity | 1.5% | -8.3% | -8.3% | 19.5% | -9.9% | |
| Return on invested capital | -2.3% | -3.2% | -5.0% | -3.9% | -2.9% | |
| Return on capital employed | -4.0% | -6.5% | -10.0% | -6.4% | -3.6% | |
| Earnings yield | 0.5% | -13.4% | -16.4% | 53.0% | -23.4% | |
| Free cash flow yield | 3.1% | -20.6% | -25.3% | -107.6% | -79.8% | |
| Capex / Op. cash flow | 21.5% | -1474.0% | -1474.0% | 765.0% | 569.7% | |
| Capex / Depreciation | 15.6% | 79.3% | 113.0% | 1136.7% | 646.1% | |
| Capex / Sales | 4.3% | 28.2% | 28.2% | 204.8% | 132.0% | |
| SG&A / Sales | 36.2% | 37.1% | 42.2% | 78.8% | 68.8% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 4.8% | 6.6% | 4.7% | 10.9% | 12.6% | |
| Intangibles / Total assets | 8.3% | 9.2% | 10.5% | 9.5% | 8.7% | |
| Days sales outstanding | 62d | 64d | 86d | 102d | 76d | |
| Days payables outstanding | 15d | 7d | 13d | 42d | 2d | |
| Operating cycle | 71d | 70d | 94d | 102d | 76d | |
| Cash conversion cycle | 56d | 63d | 81d | 60d | 73d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-10-05 Why Is Sphere Entertainment Stock Sinking Monday? Sphere Entertainment Co. (NYSE:SPHR) stock is down nearly 12% on Monday after Craig-Hallum downgraded it and sharply cut its price forecast.
- 2026-10-05 Sphere Entertainment Stock Sinks as Analysts Say ‘Wizard of Oz'' Demand Cools Wall Street may be “overly bullish” on Sphere Entertainment, analysts said.
- 2026-10-05 Traders Purchase Large Volume of Call Options on Sphere Entertainment (NYSE:SPHR) Sphere Entertainment Co. (NYSE: SPHR - Get Free Report) saw unusually large options trading activity on Monday. Traders acquired 9,775 call options on the stock. This is an increase of approximately 1,615% compared to the typical volume of 570 call options. Sphere Entertainment Trading Down 11.2% NYSE: SPHR traded down $14.37 on Monday, hitting $113.88. 840,176 shares
- 2026-10-05 Sphere Entertainment (NYSE:SPHR) Shares Gap Down Following Analyst Downgrade Sphere Entertainment Co. (NYSE: SPHR - Get Free Report) shares gapped down before the market opened on Monday after Craig Hallum downgraded the stock from a buy rating to a hold rating. The stock had previously closed at $128.25, but opened at $120.99. Craig Hallum now has a $132.00 price target on the stock. Sphere Entertainment
- 2026-09-25 Sphere Debuts Enhanced and Expanded 4D Effects for The Wizard of Oz at Sphere LAS VEGAS--(BUSINESS WIRE)--Sphere Entertainment Co. (NYSE: SPHR) announced today the debut of enhanced and expanded 4D effects for The Wizard of Oz at Sphere, including animatronic Winged Monkeys, themed scents, scented apples, pyrotechnic fireworks, and “Glinda Glitter.” The new 4D effects further immerse audiences in the world of Oz and build upon the experience that has captivated audiences since The Wizard of Oz at Sphere debuted in Las Vegas on August 28, 2025. The enhanced experience com.
- 2026-09-23 Sphere and Disguise Announce Multi-Year Technology Partnership to Advance the Future of Immersive Live Entertainment NEW YORK--(BUSINESS WIRE)--Sphere Entertainment Co. (NYSE: SPHR) and Disguise, a global leader in visual technology for live events, location-based entertainment and virtual production, today announced a new multi-year partnership to develop advanced technologies custom-made for Sphere''s immersive entertainment venue. Since Sphere opened in 2023, Disguise has served as a key technology partner supporting the delivery of Sphere''s groundbreaking live residency productions and corporate events. Fo.
- 2026-09-16 Sphere and Lyft Announce Multi-Year Partnership, Naming Lyft an Official Rideshare Partner of the Venue Sphere Entertainment Co. (NYSE: [url="]SPHR[/url]) and Lyft (Nasdaq: [url="]LYFT[/url]) announced today a multi-year marketing partnership, naming Lyft as an of
- 2026-09-16 Sphere and Lyft Announce Multi-Year Partnership, Naming Lyft an Official Rideshare Partner of the Venue LAS VEGAS--(BUSINESS WIRE)--Sphere Entertainment Co. (NYSE: SPHR) and Lyft (Nasdaq: LYFT) announced today a multi-year marketing partnership, naming Lyft as an official rideshare partner of Sphere. The partnership provides Lyft with premier brand integrations and visibility across Sphere''s ecosystem, such as in-venue digital signage and out-of-venue signage, a dedicated Lyft pickup and drop-off zone within Sphere''s rideshare lot and in-app wayfinding. “At Sphere, we welcome guests from around t.
- 2026-09-15 Sphere Entertainment Makes For An Entertaining Opportunity Sphere Entertainment Co. is rated a soft Buy due to strong growth, unique assets, and expansion plans. SPHR''s Las Vegas Sphere venue drove a 47.8% YoY revenue surge, fueled by the success of The Wizard of Oz at Sphere. Forward valuation appears attractive, with projected 2026 EBITDA of $470.5 million and adjusted operating cash flow of $519.1 million.
- 2026-09-14 Jim Cramer Recommends Buying This Communication Services Stock, Calling It ‘Amazing'' On CNBC''s “Mad Money Lightning Round,” Jim Cramer recommended buying Sphere Entertainment Co. (NYSE:SPHR), calling it “amazing.”