Filing Flows › Sphere Entertainment (SPHR) › Stock forecast & fair value
Sphere Entertainment (SPHR) stock forecast and fair value
Sphere Entertainment (SPHR) trades at $108.94. 13 analysts' median price target is $160.00 (+47%), from $125.00 to $200.00. Across 20 valuation methods the middle fair value is $88.00 (-19%).
Fair value by method
| Method | Low | Point | High | vs price |
|---|---|---|---|---|
| EV/EBITDA vs peers | $47.10 | $54.21 | $66.12 | -50% |
| EV/EBITDA vs peers, weighted | $50.24 | $54.32 | $68.74 | -50% |
| EV/Sales vs peers | $64.61 | $86.78 | $115.45 | -20% |
| EV/Sales vs peers, weighted | $62.73 | $101.56 | $124.91 | -7% |
| Residual income | $32.77 | $33.96 | $35.22 | -69% |
| Sum of the parts (segments × peer EV/Sales) | $83.05 | $117.44 | $180.79 | +8% |
| Sum of the parts, weighted (segments × weighted peer EV/Sales) | $124.35 | $213.37 | $279.39 | +96% |
| Sum of the parts, selected (segments × business-model comps) | $84.35 | $129.19 | $184.22 | +19% |
| Analysts' price targets | $125.00 | $156.62 | $200.00 | +44% |
| Owner earnings capitalized | $79.15 | $88.41 | $100.11 | -19% |
Sphere Entertainment's latest quarter
Sphere Entertainment, Q3 2026: revenue $274M (+4% year over year), operating margin -87.7%, net loss $176M, operating cash flow $56.9M. The chart follows the revenue to costs, profit and cash.
Questions
What is the price target for SPHR stock?
The median of 13 analysts' 12-month targets is $160.00, +47% from $108.94; the range is $125.00 to $200.00. The average rating is buy.
What is Sphere Entertainment's fair value?
The fair-value methods on Filing Flows (DCF, Monte Carlo, peer multiples and others) put it between $0.35 and $213.37, with a middle value of $88.00 against a price of $108.94. Each method's assumptions are on the page.
Does Sphere Entertainment usually beat earnings estimates?
It beat the consensus EPS estimate in 100% of the quarters on record.
Is SPHR stock a buy?
Filing Flows does not give advice. It shows what analysts expect, what each valuation method implies and the figures behind them, read from SEC filings, so you can judge for yourself.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.