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Added to YB: 2024-10-18

Pitch date: 2024-10-18

SPHR [bullish]

Sphere Entertainment Co.

+180.49%

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

$46.43

Price Target

57.00 (-56%)

Dividend

N/A

EV/EBITDA

17.43

P/E

52.27

EV/Sales

3.79

Sector

Entertainment

Category

growth

Show full summary:
SPHR Gains Global Traction: New Abu Dhabi Sphere Deal Secures Franchise and Development Revenues

SPHR $57 target: Abu Dhabi Sphere deal shows int'l traction. DCT funds build, pays franchise fee. SPHR gets pre-open revenue, post-open fees for content/IP/services. Upside to estimates. Overweight rating; market undervaluing beyond Vegas. Deal boosts brand awareness, sentiment.

Read full article (2 min)