Sphere Entertainment Co. (SPHR) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$136.73
Price Target
$121.67
Target Range
$100.00 — $150.00
Analyst Rating
Buy
Forward P/E—
Trailing P/E-24.1x
Forward PEG—
Implied Growth-178.4%
Median Target$126.00
Analyst Spread41.1%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$100
-26.9%
Consensus
$122
-11.0%
Bull Case
$150
+9.7%
SPHR Price Target Analysis
Updated May 8, 2026As of May 8, 2026, Sphere Entertainment Co. (SPHR) has a Wall Street consensus price target of $121.67, based on estimates from 12 covering analysts. With the stock currently trading at $136.73, this represents a potential downside of -11.0%. The company has a market capitalization of $4.92B.
Analyst price targets range from a low of $100.00 to a high of $150.00, representing a 41% spread in expectations. The median target of $126.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 8 analysts rating the stock as a Buy or Strong Buy,4 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, SPHR trades at a trailing P/E of -24.1x. Analysts expect EPS to grow -178.4% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Communication Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+14.0%
Avg Forward P/E33.0x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 LYVLive Nation Entertainment, Inc. | $38.6B | $166.31 | $181.00 | +8.8% | Buy | 115.8x | 44 |
 MSGEMadison Square Garden Entertainment Corp. | $3.2B | $66.71 | $66.29 | -0.6% | Buy | 56.8x | 12 |
 AEGAegon Ltd. | $12.4B | $8.22 | $7.50 | -8.8% | Hold | 9.4x | 16 |
 EPREPR Properties | $4.4B | $57.85 | $59.13 | +2.2% | Hold | 19.2x | 21 |
 DISThe Walt Disney Company | $192.6B | $108.72 | $139.50 | +28.3% | Buy | 16.5x | 63 |
 CMCSAComcast Corporation | $95.6B | $26.24 | $31.87 | +21.5% | Buy | 7.4x | 60 |
 WBDWarner Bros. Discovery, Inc. | $68.0B | $27.12 | $29.94 | +10.4% | Hold | — | 32 |
 AMCAMC Entertainment Holdings, Inc. | $930M | $1.52 | $2.00 | +31.6% | Hold | — | 28 |
 CNKCinemark Holdings, Inc. | $3.2B | $27.48 | $31.67 | +15.2% | Buy | 13.0x | 31 |
 NVDANVIDIA Corporation | $5.1T | $211.50 | $278.83 | +31.8% | Buy | 25.6x | 79 |
Upside Potential Comparison
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Start ComparisonSPHR — Frequently Asked Questions
Quick answers to the most common questions about buying SPHR stock.
What is the SPHR stock price target for 2026?
SPHR's consensus price target is $121.67, -11.0% below the current price of $136.73. The 12 analysts tracking SPHR see downside risk at present valuations.
Is SPHR a buy, sell, or hold?
SPHR has a consensus rating of "Buy" based on 12 Wall Street analysts. The rating breakdown is predominantly bullish, with 8 Buy/Strong Buy ratings. The consensus 12-month price target of $121.67 implies -11.0% downside from current levels.
Is SPHR stock overvalued or undervalued?
SPHR's current price is $136.73 with a consensus target of $121.67 (-11.0% implied move). Analyst estimates suggest the stock is overvalued at current levels.
How high can SPHR stock go?
The most bullish Wall Street analyst has a price target of $150 for SPHR, while the most conservative target is $100. The consensus of $121.67 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover SPHR stock?
SPHR is moderately covered, with 12 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 4 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the SPHR stock forecast?
The 12-month SPHR stock forecast based on 12 Wall Street analysts shows a consensus price target of $121.67, with estimates ranging from $100 (bear case) to $150 (bull case). The median consensus rating is "Buy".
Should I buy SPHR stock?
Analysts are cautious on SPHR, with 0 Sell ratings and a price target of $121.67 (-11.0% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do SPHR price targets vary so much?
SPHR analyst price targets range from $100 to $150, a 41% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $121.67 consensus represents the middle ground.