Stock AnalizSphere Entertainment Co. SPHR
Services-Misc. Amusement & Recreation · IPO 2020 · data as of November 13, 2026
Sphere Entertainment Co. (SPHR) is a consumer discretionary company listed in the US with a market value of about $4.6B. In the twelve months to September 30, 2026 it had revenue of $1.4B and net income of -$121M, a net margin of -8.8%.
Its overall Stock Analiz score is 1.2 out of 5 (weak). The strongest part is financial health (3/5); the weakest is track record (0/5).
Key numbers: a price to free cash flow of 17.4, 5-year revenue growth of -3% a year, a 5-year average ROIC of -5%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 87% below the current price.
Score: 1.2 / 5
Checks passed
- P/FCF below 20
- 3-year revenue growth above 10% a year
- More cash than debt, or low debt to equity
- Positive free cash flow
- Liabilities below 60% of assets
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
Valuation
Growth and quality
Financials, last 8 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B | $1.2B | $1.1B | $574M | $610M | $790M | $1.4B | $1.0B | $989M |
| Net income | -$121M | $33M | -$325M | $503M | -$194M | -$148M | $182M | -$8M | $7M |
| Free cash flow | $262M | $191M | — | -$905M | -$615M | -$515M | -$147M | -$83M | -$43M |
| EPS (diluted) | $-3.67 | $0.74 | — | $14.40 | $-5.77 | $-4.59 | $5.20 | $-0.00 | $0.21 |
| Net margin | -8.8% | 2.7% | -28.7% | 87.6% | -31.9% | -18.8% | 12.7% | -0.8% | 0.7% |
| ROIC | — | -4.2% | -8.0% | -4.4% | -3.6% | -3.6% | 4.5% | -1.4% | -1.0% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 13 analysts is $152.69, 22% above the current price; targets range from $120.00 to $200.00; the consensus rating is “Buy”; expected EPS is $-6.20 for the fiscal year ending December 31, 2026.
Frequently asked questions
Is Sphere Entertainment stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 87% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Sphere Entertainment pay a dividend?
Not currently.
Is Sphere Entertainment a good stock to buy?
We do not give buy or sell advice. Sphere Entertainment scores 1.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
Similar companies
Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.