What is Seaport Res Ptn’s Forecast for SPHR Q1 Earnings?

Sphere Entertainment Co. (NYSE:SPHR) – Investment analysts at Seaport Res Ptn issued their Q1 2026 EPS estimates for shares of Sphere Entertainment in a research note issued on Tuesday, November 12th. Seaport Res Ptn analyst D. Joyce forecasts that the company will earn ($2.69) per share for the quarter. The consensus estimate for Sphere Entertainment’s current full-year earnings is ($9.60) per share. Seaport Res Ptn also issued estimates for Sphere Entertainment’s Q2 2026 earnings at ($1.11) EPS.

Sphere Entertainment (NYSE:SPHR) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($2.95) EPS for the quarter, beating the consensus estimate of ($3.32) by $0.37. Sphere Entertainment had a negative return on equity of 16.26% and a negative net margin of 32.76%. The firm had revenue of $227.90 million during the quarter, compared to analysts’ expectations of $229.86 million. During the same quarter in the prior year, the firm posted $1.90 EPS. The company’s revenue for the quarter was up 93.1% on a year-over-year basis.

A number of other analysts have also recently weighed in on the company. Bank of America lowered their price target on Sphere Entertainment from $45.00 to $43.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 17th. Macquarie dropped their target price on shares of Sphere Entertainment from $47.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday. Benchmark restated a “sell” rating and issued a $40.00 price target on shares of Sphere Entertainment in a research report on Tuesday, September 3rd. Guggenheim raised their price objective on shares of Sphere Entertainment from $58.00 to $63.00 and gave the stock a “buy” rating in a report on Thursday, September 19th. Finally, JPMorgan Chase & Co. raised Sphere Entertainment from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $37.00 to $57.00 in a report on Friday, August 16th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $50.43.

Sphere Entertainment Price Performance

Shares of SPHR stock traded up $0.06 during trading hours on Thursday, hitting $41.79. The company had a trading volume of 4,240 shares, compared to its average volume of 746,707. Sphere Entertainment has a 12 month low of $27.02 and a 12 month high of $51.83. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.63 and a current ratio of 0.63. The firm’s fifty day moving average is $43.54 and its 200 day moving average is $41.39. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of -3.98 and a beta of 1.41.

Institutional Trading of Sphere Entertainment

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP lifted its position in Sphere Entertainment by 582.6% during the 3rd quarter. Quantbot Technologies LP now owns 20,731 shares of the company’s stock valued at $916,000 after purchasing an additional 17,694 shares during the period. Horizon Kinetics Asset Management LLC grew its position in shares of Sphere Entertainment by 7.9% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 56,728 shares of the company’s stock worth $2,506,000 after buying an additional 4,157 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of Sphere Entertainment during the third quarter worth approximately $342,000. Charles Schwab Investment Management Inc. lifted its holdings in Sphere Entertainment by 1.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 219,792 shares of the company’s stock valued at $9,710,000 after buying an additional 2,187 shares during the period. Finally, Intech Investment Management LLC bought a new position in Sphere Entertainment in the third quarter valued at approximately $320,000. 92.03% of the stock is currently owned by institutional investors and hedge funds.

About Sphere Entertainment

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.