Sphere Entertainment Co. declines amid market weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 16 Dec 25
Sphere Entertainment Co. experienced a price decline of 5.05%, crossing below its 5-day SMA. This movement occurred in the context of a broader market downturn, with the Nasdaq-100 down 0.27% and the S&P 500 down 0.55%.
The decline is attributed to sector rotation, as investors are shifting their focus away from entertainment stocks amid overall market weakness. The broader market conditions have led to a cautious sentiment among investors, impacting stocks like Sphere Entertainment Co.
This price movement suggests that Sphere Entertainment Co. may continue to face challenges unless there is a shift in market sentiment or a positive catalyst specific to the company.
Analyst Views on SPHR
Wall Street analysts forecast SPHR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPHR is 91.80 USD with a low forecast of 45.00 USD and a high forecast of 106.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
7 Buy
4 Hold
1 Sell
Moderate Buy
Current: 96.350
Low
45.00
Averages
91.80
High
106.00
Current: 96.350
Low
45.00
Averages
91.80
High
106.00
About SPHR
Sphere Entertainment Co. is a live entertainment and media company. The Company's segments include Sphere and MSG Networks. Its Sphere segment is an entertainment medium powered by technologies to create multi-sensory experiences. Its venue can host a variety of events year-round, including The Sphere Experience, which features original immersive productions, as well as concerts and residencies from artists, and marquee sports and corporate events. Production efforts are supported by Sphere Studios. Its MSG Networks segment operates two regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as a direct-to-consumer and authenticated streaming product, MSG+, delivering a range of live sports content and other programming. The MSG Networks segment features a range of sports content, including exclusive live local games and other programming of the New York Knicks of the NBA and the New York Rangers, New York Islanders, New Jersey Devils and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
