| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/09/2023 | -19.38% | Morgan Stanley | $24 → $26 | Maintains | Equal-Weight |
| 08/25/2023 | -0.78% | Macquarie | $25 → $32 | Maintains | Neutral |
| 08/24/2023 | -25.58% | Morgan Stanley | $26 → $24 | Maintains | Equal-Weight |
| 08/23/2023 | -25.58% | Morgan Stanley | $26 → $24 | Maintains | Equal-Weight |
| 08/23/2023 | 17.83% | Guggenheim | $25 → $38 | Maintains | Neutral |
| 06/07/2023 | -22.48% | JP Morgan | $59 → $25 | Maintains | Neutral |
| 06/01/2023 | -22.48% | Macquarie | → $25 | Downgrades | Outperform → Neutral |
| 05/26/2023 | -19.38% | Morgan Stanley | $70 → $26 | Maintains | Equal-Weight |
| 05/15/2023 | -22.48% | 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 Morgan Stanley on November 9, 2023. The analyst firm set a price target for $26.00 expecting SPHR to fall to within 12 months (a possible -19.38% downside). 9 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 Morgan Stanley, and Sphere Entertainment maintained their equal-weight 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 November 9, 2023 so you should expect the next rating to be made available sometime around November 9, 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 $24.00 to $26.00. The current price Sphere Entertainment (SPHR) is trading at is $32.25, which is out of the analyst's predicted range.