Added to YB: 2025-03-10
Pitch date: 2025-03-07
SPHR [bullish]
Sphere Entertainment Co.
+157.8%
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
$2.7B
Pitch Price
$34.83
Price Target
N/A
Dividend
N/A
EV/EBITDA
-185.38
P/E
-10.10
EV/Sales
3.04
Sector
Entertainment
Category
special_situation
Harry Styles Residency Could Propel Sphere (SPHR) Beyond Estimates
SPHR: Harry Styles rumored for 35-show Vegas Sphere residency. 114 annual shows vs 90-100 street est. Room for more acts. Styles' 40M Spotify listeners dwarf other acts. MSG shows grossed $63.1M. Expect high ticket prices, suite sales. Key catalyst: current pop act validates venue economics, attracts others.
Read full article (1 min)