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Sphere Entertainment Analyst Ratings

Benzinga ·  Aug 25, 2023 12:05
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/25/2023 -6.19% Macquarie $25 → $32 Maintains Neutral
08/24/2023 -29.64% Morgan Stanley $26 → $24 Maintains Equal-Weight
08/23/2023 -29.64% Morgan Stanley $26 → $24 Maintains Equal-Weight
08/23/2023 11.4% Guggenheim $25 → $38 Maintains Neutral
06/07/2023 -26.71% JP Morgan $59 → $25 Maintains Neutral
06/01/2023 -26.71% Macquarie → $25 Downgrades Outperform → Neutral
05/26/2023 -23.78% Morgan Stanley $70 → $26 Maintains Equal-Weight
05/15/2023 -26.71% Guggenheim $78 → $25 Downgrades Buy → Neutral

What is the target price for Sphere Entertainment (SPHR)?

The latest price target for Sphere Entertainment (NYSE: SPHR) was reported by Macquarie on August 25, 2023. The analyst firm set a price target for $32.00 expecting SPHR to fall to within 12 months (a possible -6.19% downside). 8 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Sphere Entertainment (SPHR)?

The latest analyst rating for Sphere Entertainment (NYSE: SPHR) was provided by Macquarie, and Sphere Entertainment maintained their neutral rating.

When is the next analyst rating going to be posted or updated for Sphere Entertainment (SPHR)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sphere Entertainment, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Sphere Entertainment was filed on August 25, 2023 so you should expect the next rating to be made available sometime around August 25, 2024.

Is the Analyst Rating Sphere Entertainment (SPHR) correct?

While ratings are subjective and will change, the latest Sphere Entertainment (SPHR) rating was a maintained with a price target of $25.00 to $32.00. The current price Sphere Entertainment (SPHR) is trading at is $34.11, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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