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

Sphere Entertainment Co. (NYSE:SPHR) – Seaport Res Ptn lowered their Q3 2025 earnings per share estimates for Sphere Entertainment in a research report issued on Monday, March 3rd. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings of ($2.03) per share for the quarter, down from their previous estimate of ($1.66). 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 2025 earnings at ($1.64) EPS, Q1 2026 earnings at ($1.87) EPS and Q2 2026 earnings at ($1.09) EPS.

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

Sphere Entertainment Stock Performance

NYSE SPHR opened at $38.11 on Thursday. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of -3.63 and a beta of 1.39. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.23. The business has a 50-day moving average price of $43.51 and a 200-day moving average price of $43.02. Sphere Entertainment has a twelve month low of $32.10 and a twelve month high of $51.83.

Institutional Investors Weigh In On Sphere Entertainment

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jefferies Financial Group Inc. purchased a new stake in Sphere Entertainment during the fourth quarter valued at approximately $202,000. Putney Financial Group LLC purchased a new stake in Sphere Entertainment during the fourth quarter valued at approximately $257,000. Public Employees Retirement System of Ohio purchased a new stake in Sphere Entertainment during the fourth quarter valued at approximately $93,000. Poehling Capital Management INC. raised its position in Sphere Entertainment by 104.1% during the fourth quarter. Poehling Capital Management INC. now owns 35,839 shares of the company’s stock valued at $1,445,000 after purchasing an additional 18,280 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Sphere Entertainment by 14.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 46,330 shares of the company’s stock valued at $1,868,000 after purchasing an additional 5,849 shares during the period. 92.03% of the stock is currently owned by hedge funds and other institutional investors.

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.