Professional
Added to YB: 2025-07-23
Pitch date: 2025-06-30
SPHR [neutral]
Sphere Entertainment Co.
+214.95%
current return
Author Info
No bio for this author
Company Info
Sphere Entertainment Co. operates as a live entertainment and media company in the United States. It operates through two segments, Sphere and MSG Networks.
Market Cap
$4.7B
Pitch Price
$41.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.43
P/E
52.27
EV/Sales
3.79
Sector
Entertainment
Category
growth
Ariel Fund Portfolio Holding: Sphere Entertainment Co.
SPHR (holding update): Beat earnings on strong demand & lower costs. Wizard of Oz debut, scaled residencies & higher venue utilization ahead. Advertising, sponsorship & suite revenue upside potential. MSG Networks debt resolution removed overhang. Abu Dhabi expansion & more spheres planned. Vegas venue & franchise opportunities remain underappreciated long-term.
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