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SPHR Stock Forecast, Analyst Ratings, Earnings and Price Target

NYSE : SPHR

Sphere Entertainment Co.

$47.41
-0.02-0.04%
At Close 4:00 PM

SPHR eps in a glimpse

Growth Next 5yrs
3.62%
Last Quarter
-$2.95
Past Year
-$10.50
Growth Past 5yrs
-50.11%
Next Quarter
-$2.12
Estimate Next Year
-$219.59

Analyst Rating Consensus

9

Ratings

2Strong Buy
2Buy
4Hold
1Sell
0Strong Sell
Hold

SPHR Price Target

Highest Price Target

$63.00

(

32.83% Upside

)

Mean Price Target

$49.44

(

4.25% Upside

)

Lowest Price Target

$40.00

(

-15.67% Downside

)

SPHR Recent Analyst Ratings

DatePrice TargetRating StatusRatingAnalyst NameFirm
2024-10-2347.0MaintainsNeutralPaul GoldingMacquarie
2024-10-0260.0UpgradePeer Perform → OutperformPeter SupinoWolfe Research
2024-09-1958.0 → 63.0MaintainsBuyCurry BakerGuggenheim
2024-09-1745.0 → 43.0MaintainsNeutralPeter HendersonB of A Securities
2024-09-0340.0DowngradeHold → SellMike HickeyBenchmark
2024-08-1638.0 → 47.0MaintainsNeutralPaul GoldingMacquarie
2024-08-1637.0 → 57.0UpgradeNeutral → OverweightDavid KarnovskyJP Morgan
2024-07-23NoneInitiatesHoldMike HickeyBenchmark
2024-07-1142.0 → 45.0MaintainsEqual-WeightBenjamin SwinburneMorgan Stanley
2024-06-2748.0 → 43.0MaintainsBuyIan ZaffinoGuggenheim

Actual EPS vs Estimated EPS

How EPS can be helpful

Understanding the true essence of Earnings Per Share (EPS) for a company can be a complex endeavor. EPS, essentially a measure of a company's profitability on a per-share basis, is often used by investors as a barometer of financial health. However, it's crucial to recognize that EPS can be subject to manipulation through various accounting techniques and management strategies.

SPHR Earnings History

Report DateActualForecastSurprise Factor
Nov 12, 2024-2.95-3.32-11.14%
Aug 14, 2024-9.68114-2.47+291.95%
May 10, 2024-1.33-0.35+280.00%
Feb 05, 2024-4.90662-0.73+572.14%
Nov 08, 20231.9-2.39-179.50%
Aug 22, 202310.210.4+2,452.50%

After EPS - Where did the stock go?

Earning DateClosing Price Before EarningBefore Closing Price ChangeNext Day Closing PriceNext Day Price ChangeOn 7th Day Closing PriceOn 7th Day Closing Change
Nov 12, 2024$44.03+7.50%$41.73+1.88%$41.48+1.27%
Aug 14, 2024$40.76-8.51%$46.24+3.79%$48.51+8.89%
May 10, 2024$41.26+5.09%--$36.04-8.20%
Feb 05, 2024--$38.83-0.36%$41.60+6.75%
Nov 08, 2023$33.38+4.74%$34.26+7.50%$36.03+13.05%
Aug 22, 2023$36.74-7.18%$37.05-6.39%$34.36-13.19%

Frequently Asked Questions

Is SPHR stock getting favorable reviews from Wall Street analysts?

Brokerage firms have given SPHR stock an average recommendation of Hold. 9 analysts have given their ratings to SPHR out of which 2 analysts have given strong buy call, 2 analysts have given buy call, 4 analysts rate it hold, 0 analysts advocate strong sell call, and 1 analysts has given sell rating. The average target price of $49.44 gives the stock implied upside of roughly 4.25% over the next year or so.

What have analysts suggested for SPHR highest price target?

Analysts suggest SPHR's stock price would rise to a high of $63.00.

What is the lowest price target analysts expect for SPHR over the next year?

Within the next 12 months, analysts predict the SPHR stock price could move to $40.00.

What is the average target price for SPHR?

SPHR stock has an average analyst estimate of $49.44.

At its current price, how far is SPHR from its average target price?

SPHR shares are currently trading 4.25% above this price target.

What were SPHR’s actual earnings per share for the recent quarter?

Its quarterly earnings per share (EPS) came in at -$2.95 versus consensus estimates of -$3.32, and below the comparable year-ago quarter’s EPS of $1.90.

What are the current estimates for quarterly and annual earnings per share?

SPHR's forecasts by analysts estimating quarterly EPS at -$2.12 and -$219.59 for the whole year.

What has SPHR's growth been in the past five years and what is expected in the next five years?

The analysts have projected 3.62% EPS growth for SPHR in the next five years, compared to growth rates of -50.11% in the past five years.

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