Sphere Entertainment Co. (SPHR) Stock Analysis
Breakout setup
Communication Services · Entertainment
Sell if holding. Analyst target reached at $140.72 — A.R:R is negative (-1.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: top four Distributors (MSG Networks affiliation fees).
Sphere Entertainment Co. operates two segments: Sphere (the 20,000-capacity immersive venue in Las Vegas using proprietary 16K LED and spatial audio technology) and MSG Networks (two regional sports networks plus MSG+ streaming serving NY metro). Revenue comes from ticket sales,... Read more
Sell if holding. Analyst target reached at $140.72 — A.R:R is negative (-1.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: top four Distributors (MSG Networks affiliation fees). Chart setup: Golden cross, above all MAs, RSI 67, MACD bullish. Score 5.4/10, moderate confidence.
Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 7d<=7d. Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCustomertop four Distributors (MSG Networks affiliation fees)10-K Item 1A: 'Affiliation fees constitute a significant majority of our MSG Networks revenues and substantially all of our affiliation fee revenue comes from our top four Distributors'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers·1 ceiling hit
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $140.72 — A.R:R is negative (-1.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: top four Distributors (MSG Networks affiliation fees). Chart setup: Golden cross, above all MAs, RSI 67, MACD bullish. Prior stop was $130.87. Score 5.4/10, moderate confidence.
Take-profit target: $138.64 (-1.5% upside). Prior stop was $130.87. Stop-loss: $130.87.
Concentration risk — Customer: top four Distributors (MSG Networks affiliation fees); Analyst target reached - limited upside remaining; Near 52-week high (-0.8% away).
Sphere Entertainment Co. trades at a P/E of 187.7 (forward -73.1). TrendMatrix value score: 2.8/10. Verdict: Sell.
18 analysts cover SPHR with a consensus score of 4.1/5. Average price target: $136.
What does Sphere Entertainment Co. do?Sphere Entertainment Co. operates two segments: Sphere (the 20,000-capacity immersive venue in Las Vegas using...
Sphere Entertainment Co. operates two segments: Sphere (the 20,000-capacity immersive venue in Las Vegas using proprietary 16K LED and spatial audio technology) and MSG Networks (two regional sports networks plus MSG+ streaming serving NY metro). Revenue comes from ticket sales, advertising, affiliation fees, and content partnerships.