Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
Sphere Entertainment Co. (SPHR)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/13/2025: SPHR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -8.96% | Avg. Invested days 26 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/13/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.19B USD | Price to earnings Ratio - | 1Y Target Price 48.89 |
Price to earnings Ratio - | 1Y Target Price 48.89 | ||
Volume (30-day avg) 924185 | Beta 1.4 | 52 Weeks Range 30.62 - 50.88 | Updated Date 04/1/2025 |
52 Weeks Range 30.62 - 50.88 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -9.79 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -43.12% | Operating Margin (TTM) -49.59% |
Management Effectiveness
Return on Assets (TTM) -2.62% | Return on Equity (TTM) -16.04% |
Valuation
Trailing PE - | Forward PE 28.41 | Enterprise Value 2159374737 | Price to Sales(TTM) 1.11 |
Enterprise Value 2159374737 | Price to Sales(TTM) 1.11 | ||
Enterprise Value to Revenue 1.91 | Enterprise Value to EBITDA 5.35 | Shares Outstanding 28960200 | Shares Floating 24847063 |
Shares Outstanding 28960200 | Shares Floating 24847063 | ||
Percent Insiders 6.11 | Percent Institutions 125.68 |
Analyst Ratings
Rating 3.62 | Target Price 50.25 | Buy 1 | Strong Buy 3 |
Buy 1 | Strong Buy 3 | ||
Hold 3 | Sell - | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Sphere Entertainment Co.
Company Overview
History and Background
Sphere Entertainment Co. (SPHR) was formerly known as Madison Square Garden Entertainment Corp. It was spun off from Madison Square Garden Sports Corp. in April 2020. The company focuses on immersive entertainment experiences, including the Sphere in Las Vegas.
Core Business Areas
- Sphere: This segment focuses on the design, development, and operation of the Sphere, a state-of-the-art entertainment venue featuring cutting-edge technology for immersive experiences. Its business model includes ticket sales and event hosting revenue.
- MSG Networks: MSG Networks owns and operates regional sports and entertainment networks, offering live game coverage and original programming.
Leadership and Structure
James Dolan serves as the Executive Chairman and CEO. The company structure includes various executive vice presidents responsible for different business segments like the Sphere, MSG Networks, and financial operations.
Top Products and Market Share
Key Offerings
- Sphere Events: Immersive entertainment experiences at the Sphere in Las Vegas, featuring concerts, sporting events, and original content. Market share is nascent but rapidly growing as it is a unique experience. Competitors include traditional concert venues and arenas owned by Live Nation and AEG Presents.
- MSG Network Programming: Live broadcasts and related content of professional and amateur sports events, including the NY Knicks, NY Rangers, NY Islanders, NJ Devils. Competitors include other regional sports networks owned by Comcast and Sinclair Broadcast Group.
Market Dynamics
Industry Overview
The entertainment industry is evolving, with a growing demand for immersive and unique experiences. The regional sports network industry faces challenges with cord-cutting and shifting viewing habits.
Positioning
Sphere Entertainment Co. aims to be a leader in immersive entertainment with its Sphere venue, differentiating itself through cutting-edge technology and unique content. MSG Networks operates in a competitive regional sports broadcasting market.
Total Addressable Market (TAM)
The immersive entertainment market is projected to reach billions of dollars, with Sphere Entertainment Co. targeting a significant share through its innovative venue. Regional sports network market size is shrinking. The total addressable market is difficult to determine without granular, proprietary data.
Upturn SWOT Analysis
Strengths
- Innovative Sphere technology
- Unique immersive entertainment experiences
- Strong regional sports content
- Experienced management team
Weaknesses
- High capital expenditure for Sphere development
- Reliance on ticket sales and event attendance
- Exposure to cord-cutting trends affecting MSG Networks
- Limited operating history with the Sphere
Opportunities
- Expansion of Sphere venues to other locations
- Development of new immersive content and partnerships
- Growth in sports betting and related content
- Strategic partnerships to enhance content distribution
Threats
- Economic downturn affecting discretionary spending
- Competition from other entertainment venues and platforms
- Technological obsolescence of Sphere technology
- Regulatory changes impacting sports broadcasting
Competitors and Market Share
Key Competitors
- Live Nation Entertainment (LYV)
- AEG Presents (Privately held)
- Comcast (CMCSA)
- Sinclair Broadcast Group (SBGI)
Competitive Landscape
Sphere Entertainment Co. competes in the entertainment and media industries. The Sphere provides a unique competitive advantage in immersive experiences, but significant capital investment is needed. MSG Networks faces strong competition from other regional sports networks.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth is tied to the performance of MSG Networks and the initial success of the Sphere.
Future Projections: Future growth depends on the success of the Sphere and the ability to expand its presence. Analyst estimates are unavailable without real-time sources.
Recent Initiatives: The primary initiative is the development and operation of the Sphere in Las Vegas.
Summary
Sphere Entertainment Co. is a relatively new company with a focus on immersive entertainment and regional sports broadcasting. The Sphere represents a high-risk, high-reward venture with significant potential for growth if it proves successful. MSG Networks provides a stable revenue stream, but faces long-term challenges from cord-cutting. The company's future hinges on the scalability and profitability of the Sphere concept.
Similar Companies
CMCSA
Comcast Corp
CMCSA
Comcast Corp
LYV
Live Nation Entertainment Inc
LYV
Live Nation Entertainment Inc
SBGI
Sinclair Broadcast Group Inc
SBGI
Sinclair Broadcast Group Inc
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Company Investor Relations
- Industry Reports
- News Articles
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise. Real-time financial data is required for a comprehensive analysis.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Sphere Entertainment Co.
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2020-04-09 | Executive Chairman & CEO Mr. James Lawrence Dolan | ||
Sector Communication Services | Industry Entertainment | Full time employees 1080 | |
Full time employees 1080 | |||
Sphere Entertainment Co. operates as a live entertainment and media company in the United States. It operates through two segments, Sphere and MSG Networks. The Sphere segment offers entertainment medium powered by technologies to create multi-sensory experiences. The MSG Networks segment provides regional sports and entertainment networks, as well as a direct-to-consumer and authenticated streaming products; and sports content, including live local games and other programming. The company was formerly known as Madison Square Garden Entertainment Corp. and changed its name to Sphere Entertainment Co. in April 2023. Sphere Entertainment Co. was founded in 2006 and is based in New York, New York.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.