Sphere Entertainment (SPHR) Expected to Post Quarterly Earnings on Tuesday

Sphere Entertainment (NYSE:SPHR) is projected to post its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect Sphere Entertainment to announce earnings of ($1.59) per share and revenue of $273.21 million for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 10:00 AM ET.

Sphere Entertainment (NYSE:SPHR) last released its earnings results on Thursday, July 30th. The company reported ($1.07) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.51) by $0.44. The business had revenue of $313.64 million for the quarter, compared to analyst estimates of $307.44 million. Sphere Entertainment had a negative net margin of 6.19% and a negative return on equity of 1.38%. The business’s revenue was up 10.9% on a year-over-year basis. During the same period last year, the company posted $3.39 EPS. On average, analysts expect Sphere Entertainment to post ($2.54) EPS for the current fiscal year and ($2.37) EPS for the next fiscal year.

Sphere Entertainment Trading Up 1.2%

Shares of Sphere Entertainment stock opened at $110.21 on Tuesday. The stock has a market cap of $3.96 billion, a P/E ratio of -41.12 and a beta of 1.61. The stock’s 50 day simple moving average is $134.25 and its 200-day simple moving average is $129.62. Sphere Entertainment has a 1-year low of $64.00 and a 1-year high of $181.63. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.22 and a quick ratio of 1.22.

Analyst Ratings Changes

Several equities research analysts recently commented on SPHR shares. Guggenheim cut their price target on Sphere Entertainment from $208.00 to $180.00 and set a “buy” rating for the company in a report on Wednesday, October 14th. Susquehanna lowered their price objective on Sphere Entertainment from $182.00 to $158.00 and set a “positive” rating on the stock in a research note on Wednesday, October 21st. Citigroup reissued a “market outperform” rating on shares of Sphere Entertainment in a research note on Tuesday, October 6th. Piper Sandler restated an “overweight” rating and issued a $145.00 target price (down from $185.00) on shares of Sphere Entertainment in a report on Friday. Finally, Weiss Ratings downgraded Sphere Entertainment from a “hold (c)” rating to a “sell (d-)” rating in a research note on Friday, October 2nd. Eleven analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $162.27.

Sphere Entertainment Company Profile

Sphere Entertainment Co is an entertainment and media company focused on immersive live experiences and sports and entertainment programming. Its principal asset is Sphere, a next-generation venue in Las Vegas featuring a large exterior LED display, a high-resolution interior screen, advanced audio technology and immersive production capabilities.

Sphere presents concerts, residencies, films and other experiences, while its Sphere Studios business develops original content and technology for the venue and other immersive applications.