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Sphere Entertainment Co.

SPHRCommunication ServicesNASDAQ

Entertainment

PriceMA150MA200
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Indicator snapshot
MA150+28.26%
$104.28

Price above medium-term moving average.

MA200+45.88%
$91.68

Above long-term trend line.

RSI-14neutral
51.5

Balanced. Not overbought, not oversold.

MACDnegative
-0.8177

Histogram negative — downward momentum.

Financials · Annual
Revenue
$1.22B
+18.8% YoY
Net Income
$33.4M
+116.6% YoY
EBITDA
$464.2M
+2045.2% YoY
Free Cash Flow
$420.4M

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Daily timeframe
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About Sphere Entertainment Co.

Sphere Entertainment Co. operates as a live entertainment and media company in the United States. At a $4.79B market cap, Sphere Entertainment Co. ranks as a mid-cap company within communication services. It operates through two segments, Sphere and MSG Networks.

Key stats
Market Cap$4.79B
P/E (TTM)45.03
Fwd P/E-109.18
EPS$2.97
Beta1.68
52W Change+254.8%
ROE5.5%
Analysis

On the balance sheet, SPHR has $629.1M in cash with $938.4M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Annual free cash flow of $420.4M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 5.5% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $610.1M (2022) to $1.22B (2025), reflecting a 100% increase over the period.

Sphere Entertainment Co.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Sphere Entertainment Co. and its sector.

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