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Added to YB: 2025-03-11

Pitch date: 2025-03-09

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

71.00 (-21%)

Dividend

N/A

EV/EBITDA

-185.38

P/E

-10.10

EV/Sales

3.04

Sector

Entertainment

Category

growth

Show full summary:
Why Sphere Works in 2025

SPHR: Sphere Entertainment poised for 2025 revenue acceleration with Oz launch, 65%+ YoY concert growth to 116, and SG&A cuts. 2026e 13.5x EV/AOI, 8.5x post-Abu Dhabi. Risks: opaque disclosures, Oz performance, concert ramp, Abu Dhabi timeline. 2x in 3y potential as venue matures.

Read full article (7 min)