Professional
Added to YB: 2024-10-18
Pitch date: 2024-10-18
SPHR [bullish]
Sphere Entertainment Co.
+93.39%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
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
$2.7B
Pitch Price
$46.43
Price Target
57.00 (-37%)
Dividend
N/A
EV/EBITDA
-185.38
P/E
-10.10
EV/Sales
3.04
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)