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Upturn AI SWOT - About
SPHR 
Sphere Entertainment Co. (SPHR)
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Upturn Advisory Summary
08/28/2025: SPHR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
10 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $53.9
1 Year Target Price $53.9
| 4 | Strong Buy |
| 2 | Buy |
| 3 | Hold |
| 0 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 4.19% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.64B USD | Price to earnings Ratio - | 1Y Target Price 53.9 |
Price to earnings Ratio - | 1Y Target Price 53.9 | ||
Volume (30-day avg) 10 | Beta 1.71 | 52 Weeks Range 23.89 - 49.73 | Updated Date 08/29/2025 |
52 Weeks Range 23.89 - 49.73 | Updated Date 08/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -9.79 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Earnings Date
Report Date 2025-08-11 | When Before Market | Estimate -1.41 | Actual 3.73 |
Profitability
Profit Margin -28.7% | Operating Margin (TTM) -16.25% |
Management Effectiveness
Return on Assets (TTM) -2.62% | Return on Equity (TTM) -16.04% |
Valuation
Trailing PE - | Forward PE 28.41 | Enterprise Value 2300924473 | Price to Sales(TTM) 1.57 |
Enterprise Value 2300924473 | Price to Sales(TTM) 1.57 | ||
Enterprise Value to Revenue 2.03 | Enterprise Value to EBITDA 5.35 | Shares Outstanding 29132700 | Shares Floating 24937876 |
Shares Outstanding 29132700 | Shares Floating 24937876 | ||
Percent Insiders 5.77 | Percent Institutions 129.41 |
Upturn AI SWOT
Sphere Entertainment Co.
Company Overview
History and Background
Sphere Entertainment Co. (formerly Madison Square Garden Entertainment Corp.) was established in 2020 as a spin-off from Madison Square Garden Sports Corp. Its focus is on live entertainment and immersive experiences.
Core Business Areas
- Sphere: Focuses on the development and operation of the Sphere venue in Las Vegas and future Sphere venues. In addition to the Sphere in Las Vegas, the company develops complementary entertainment and technology offerings.
- MSG Networks: Operates regional sports and entertainment networks, broadcasting live games, sports analysis, and original programming.
Leadership and Structure
James L. Dolan is the Executive Chairman and CEO. The company has a board of directors and various executive leadership positions overseeing its different business segments.
Top Products and Market Share
Key Offerings
- Sphere Venue: The Sphere in Las Vegas, a next-generation entertainment venue featuring a massive LED screen both inside and out, offering immersive experiences. The total revenue that the Las Vegas Sphere will generate in fiscal year 2024 is estimated to be 750 Million USD. Competitors include traditional concert venues and other immersive entertainment experiences such as theme parks.
- MSG Networks Programming: Broadcasts live sports events, pre- and post-game shows, and original sports-related programming. Competitors include other regional sports networks, national sports networks like ESPN, and streaming services that offer sports content.
Market Dynamics
Industry Overview
The live entertainment industry is experiencing growth, driven by demand for unique and immersive experiences. The regional sports network industry is facing challenges from cord-cutting and the rise of streaming.
Positioning
Sphere Entertainment Co. aims to be a leader in immersive entertainment experiences through the Sphere. MSG Networks holds a strong position in regional sports broadcasting in the New York area.
Total Addressable Market (TAM)
The TAM for immersive entertainment is estimated to be in the billions of dollars globally. The TAM for regional sports networks is large but shrinking due to cord-cutting. Sphere Entertainment aims to capture a significant portion of the immersive entertainment TAM.
Upturn SWOT Analysis
Strengths
- Innovative Sphere technology
- Strong brand recognition in the New York market (MSG Networks)
- Exclusive content rights for regional sports teams
- Potential for expansion to new markets
Weaknesses
- High capital expenditure for Sphere development
- Dependence on one major venue (currently)
- Declining viewership of regional sports networks
- Negative earnings in 2023
Opportunities
- Expansion of Sphere venues to other major cities
- Partnerships with content creators and technology companies
- Development of new immersive entertainment formats
- Growth in sports betting and related content
Threats
- Economic downturn affecting consumer spending on entertainment
- Technological obsolescence of Sphere technology
- Increased competition in the immersive entertainment market
- Continued decline in cable subscriptions affecting MSG Networks
Competitors and Market Share
Key Competitors
- LYV
- AMC
- CNK
Competitive Landscape
Sphere Entertainment Co. faces competition from established entertainment companies. Its advantage lies in its innovative Sphere technology, but it needs to demonstrate the viability of its business model.
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven by the launch of the Sphere. Historical growth before the Sphere's launch is less relevant due to the company's spin-off.
Future Projections: Future growth is dependent on the success of the Sphere in Las Vegas and the potential for expansion to other locations. Analyst estimates vary based on these factors.
Recent Initiatives: Focusing on expanding the Sphere brand and enhancing content offerings for the Las Vegas venue.
Summary
Sphere Entertainment Co. is a unique entertainment company with the potential to disrupt the industry with its Sphere technology. However, it faces significant challenges, including high capital costs and the need to prove the long-term viability of its business model. The success of the Sphere in Las Vegas will be crucial in determining the company's future growth. The company also needs to address the challenges facing its MSG Networks business.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
- Company Website
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on your own due diligence and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Sphere Entertainment Co.
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2020-04-09 | Executive Chairman & CEO Mr. James Lawrence Dolan | ||
Sector Communication Services | Industry Entertainment | Full time employees 1080 | |
Full time employees 1080 | |||
Sphere Entertainment Co. operates as a live entertainment and media company in the United States. It operates through two segments, Sphere and MSG Networks. The Sphere segment offers entertainment medium powered by technologies to create multi-sensory experiences. The MSG Networks segment provides regional sports and entertainment networks, as well as a direct-to-consumer and authenticated streaming products; and sports content, including live local games and other programming. The company was formerly known as Madison Square Garden Entertainment Corp. and changed its name to Sphere Entertainment Co. in April 2023. Sphere Entertainment Co. was founded in 2006 and is based in New York, New York.
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