Sphere Entertainment Co has reached a new milestone by hitting a 52-week high in its stock price. This significant achievement reflects the company's strong performance and investor confidence.
The recent price increase of 4.55% indicates a positive market sentiment towards Sphere Entertainment Co. Investors are likely reacting to the company's growth prospects and overall market conditions.
Despite major benchmarks trading sideways, Sphere Entertainment Co's performance stands out, suggesting that specific factors related to the company are driving this upward movement.
As the market continues to show mixed signals, Sphere Entertainment Co's ability to reach new highs may attract further attention from investors looking for growth opportunities.
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
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.
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
BTIG
Neutral -> Buy
upgrade
$110
2026-01-22
Reason
BTIG
Price Target
$110
AI Analysis
2026-01-22
upgrade
Neutral -> Buy
Reason
BTIG upgraded Sphere Entertainment to Buy from Neutral with a $110 price target. The firm says it underappreciated the company's execution ability under backdrop of a weakening lower end consumer. Sphere's momentum in 2026 continues as it announced the U.S. expansion of its portfolio with the second venue targeted for Washington D.C., the analyst tells investors in a research note. BTIG says the company's portfolio expansion is bringing an improving narrative and more visibility into underwriting financial contribution. It sees a "catalyst rich event path" for Sphere amid the secular growth for live entertainment immersive experiences.
Guggenheim
Buy
maintain
$122 -> $136
2026-01-22
Reason
Guggenheim
Price Target
$122 -> $136
2026-01-22
maintain
Buy
Reason
Guggenheim raised the firm's price target on Sphere Entertainment to $136 from $122 and keeps a Buy rating on the shares after the company announced its intent to develop a Sphere at National Harbor in Maryland. The firm continues to expect more Sphere announcements, both domestic and international, this year and in 2027, noting that it ultimately sees global Spheres numbering at least six to ten.
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Seaport Research
Seaport Research
Neutral -> Buy
upgrade
$106
2026-01-08
Reason
Seaport Research
Seaport Research
Price Target
$106
2026-01-08
upgrade
Neutral -> Buy
Reason
Seaport Research upgraded Sphere Entertainment to Buy from Neutral with a $106 price target. The firm upgraded the stock citing "continued strength in the Sphere Experience Wizard of Oz show count, attendance, and seemingly also pricing," more musical artist residency event dates added to Q1 and Q2, the possibility of another Sphere franchise announcement "increasingly on the horizon," as well the likelihood that the Sphere is "already fully booked for 2026."
Goldman Sachs
Stephen Laszczyk
Buy
maintain
$86 -> $98
2026-01-06
Reason
Goldman Sachs
Stephen Laszczyk
Price Target
$86 -> $98
2026-01-06
maintain
Buy
Reason
Goldman Sachs analyst Stephen Laszczyk raised the firm's price target on Sphere Entertainment to $98 from $86 and keeps a Buy rating on the shares. Looking to 2026, momentum at Sphere remains strong, though attention is warranted on potential shifts in Wizard of Oz attendance due to seasonality and typical show decay, the analyst tells investors in a research note. Data and company commentary suggest Sphere residencies can continue to sell out reliably while increasing show counts, Goldman adds.
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.
