Sphere Entertainment Upgraded to Buy with $110 Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 22 2026
0mins
Should l Buy SPHR?
Source: Benzinga
Sphere Entertainment Co. shares rose by 7.29% as it crossed above the 5-day SMA, reflecting positive market sentiment.
BTIG upgraded Sphere Entertainment's investment rating from 'neutral' to 'buy', with a price target of $110, indicating confidence in the company's profitability outlook and expansion opportunities. The firm expects Sphere's profitability to improve into 2026 and 2027, despite a weakening lower-end consumer backdrop, which has driven shares up nearly 6% before midday.
This upgrade highlights the market's optimism regarding Sphere's future growth potential, particularly with its expansion plans and the anticipated increase in earnings.
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Analyst Views on SPHR
Wall Street analysts forecast SPHR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPHR is 91.80 USD with a low forecast of 45.00 USD and a high forecast of 106.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
7 Buy
4 Hold
1 Sell
Moderate Buy
Current: 88.410
Low
45.00
Averages
91.80
High
106.00
Current: 88.410
Low
45.00
Averages
91.80
High
106.00
About SPHR
Sphere Entertainment Co. is a live entertainment and media company. The Company's segments include Sphere and MSG Networks. Its Sphere segment is an entertainment medium powered by technologies to create multi-sensory experiences. Its venue can host a variety of events year-round, including The Sphere Experience, which features original immersive productions, as well as concerts and residencies from artists, and marquee sports and corporate events. Production efforts are supported by Sphere Studios. Its MSG Networks segment operates two regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as a direct-to-consumer and authenticated streaming product, MSG+, delivering a range of live sports content and other programming. The MSG Networks segment features a range of sports content, including exclusive live local games and other programming of the New York Knicks of the NBA and the New York Rangers, New York Islanders, New Jersey Devils and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Sphere Entertainment to Host Q4 and Full-Year Results Conference Call
- Conference Call Announcement: Sphere Entertainment Co. will host a conference call on February 12, 2026, at 10:00 a.m. Eastern Time to discuss its Q4 and full-year results for the year ended December 31, 2025, with a press release expected prior to market opening to inform investors of its financial performance.
- Participation Details: Investors can join the call by dialing 888-800-3155 and entering conference ID 8089430 approximately 10 minutes before the call, while a webcast will also be available for those unable to participate via phone, enhancing accessibility for all stakeholders.
- Call Replay Availability: For those who cannot attend the live call, a recording will be accessible starting at 1:00 p.m. on February 12, 2026, until 11:59 p.m. on February 19, 2026, ensuring that investors can review the discussion and maintain transparency regarding the company's performance.
- Company Overview: Sphere Entertainment Co. is a leader in immersive experiences and media, featuring the Sphere venue in Las Vegas and a second planned in Abu Dhabi, alongside MSG Networks, which operates regional sports networks and a streaming service, showcasing its strong position in the entertainment industry.
See More
Sphere Entertainment Co. to Host Q4 and Full-Year Results Conference Call
- Conference Call Announcement: Sphere Entertainment Co. will host a conference call on February 12, 2026, at 10:00 a.m. Eastern Time to discuss its fourth quarter and full-year results for the year ended December 31, 2025, with a press release to be issued prior to market opening to enhance transparency for investors.
- Participation Details: Investors can join the call by dialing 888-800-3155 and entering conference ID 8089430 approximately 10 minutes before the call, while the event will also be available via webcast, broadening participation and enhancing interactivity with stakeholders.
- Call Replay Availability: For those unable to attend the live call, a recording will be accessible starting at 1:00 p.m. Eastern Time on February 12, 2026, until 11:59 p.m. on February 19, ensuring all stakeholders can access critical information and fostering better communication between the company and its investors.
- Company Overview: Sphere Entertainment Co. is a leader in immersive experiences, technology, and media, including the Sphere venue in Las Vegas and a planned site in Abu Dhabi, along with MSG Networks, which offers a wide range of sports and entertainment content, showcasing the company's strong position in the industry.
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- GDP Revision Upward: Q3 GDP was revised upward to an annualized growth rate of 4.4%, surpassing expectations of 4.3%, suggesting robust economic momentum that may encourage investor optimism about future economic prospects.
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BTIG Upgrades Sphere Entertainment (SPHR) to Buy with $110 Price Target
- Rating Upgrade: BTIG upgraded Sphere Entertainment's investment rating from 'neutral' to 'buy', with shares rising nearly 6% before midday, driven by multiple catalysts identified by the firm.
- Profitability Outlook: The firm expects Sphere's profitability to improve into 2026 and 2027, indicating the company's ability to grow earnings despite a weakening lower-end consumer backdrop.
- Expansion Opportunities: The expansion potential in both U.S. and international markets is appealing, with content licensing expected to provide a potentially higher-margin revenue stream, further enhancing business performance.
- Price Target Set: BTIG has set a price target of $110 for Sphere Entertainment, implying an 18.1% upside, reflecting a positive market outlook for the company's future performance.
See More
Sphere Entertainment to Host Q4 and Full-Year Results Conference Call
- Conference Call Announcement: Sphere Entertainment Co. will host a conference call on February 12, 2026, at 10:00 a.m. Eastern Time to discuss its Q4 and full-year results for the year ended December 31, 2025, with a press release expected prior to market opening to inform investors of its financial performance.
- Participation Details: Investors can join the call by dialing 888-800-3155 and entering conference ID 8089430 approximately 10 minutes before the call, while a webcast will also be available for those unable to participate via phone, enhancing accessibility for all stakeholders.
- Call Replay Availability: For those who cannot attend the live call, a recording will be accessible starting at 1:00 p.m. on February 12, 2026, until 11:59 p.m. on February 19, 2026, ensuring that investors can review the discussion and maintain transparency regarding the company's performance.
- Company Overview: Sphere Entertainment Co. is a leader in immersive experiences and media, featuring the Sphere venue in Las Vegas and a second planned in Abu Dhabi, alongside MSG Networks, which operates regional sports networks and a streaming service, showcasing its strong position in the entertainment industry.
See More
Sphere Entertainment Co. to Host Q4 and Full-Year Results Conference Call
- Conference Call Announcement: Sphere Entertainment Co. will host a conference call on February 12, 2026, at 10:00 a.m. Eastern Time to discuss its fourth quarter and full-year results for the year ended December 31, 2025, with a press release to be issued prior to market opening to enhance transparency for investors.
- Participation Details: Investors can join the call by dialing 888-800-3155 and entering conference ID 8089430 approximately 10 minutes before the call, while the event will also be available via webcast, broadening participation and enhancing interactivity with stakeholders.
- Call Replay Availability: For those unable to attend the live call, a recording will be accessible starting at 1:00 p.m. Eastern Time on February 12, 2026, until 11:59 p.m. on February 19, ensuring all stakeholders can access critical information and fostering better communication between the company and its investors.
- Company Overview: Sphere Entertainment Co. is a leader in immersive experiences, technology, and media, including the Sphere venue in Las Vegas and a planned site in Abu Dhabi, along with MSG Networks, which offers a wide range of sports and entertainment content, showcasing the company's strong position in the industry.
See More
Barron’s Stock Selections Outperform the Market in 2025: Insights on Our Successes and Missteps.
Market Volatility: A little chaos in the market can create opportunities for stock-picking, allowing investors to identify undervalued stocks.
Investment Strategy: Embracing market fluctuations can lead to better investment decisions, as it encourages a more active approach to stock selection.
See More
US Stocks Rise with Nasdaq Up 0.76% Amid Economic Optimism
- Positive Economic Data: Weekly initial jobless claims rose by 1,000 to 200,000, beating expectations of 209,000, indicating labor market resilience and boosting investor confidence in economic recovery.
- GDP Revision Upward: Q3 GDP growth was revised up by 0.1% to an annualized rate of 4.4%, surpassing the expected 4.3%, suggesting strong economic momentum that could further propel stock market gains.
- Surge in Natural Gas Prices: Natural gas prices rose over 3% to a three-year high due to an Arctic cold front increasing heating demand, which is expected to boost related stocks and invigorate the market.
- Strong Performance in Tech Stocks: The Magnificent Seven tech stocks saw significant gains, with Meta and Tesla rising over 5% and 4% respectively, reflecting strong market confidence in technology stocks that may lead the overall market higher.
See More
S&P 500, Dow, and Nasdaq Rise on Strong Economic Data and Market Rally
- Strong Economic Data: Weekly initial unemployment claims rose by 1,000 to 200,000, beating expectations of 209,000, indicating labor market resilience and boosting market confidence, which contributed to stock market gains.
- GDP Revision Upward: Q3 GDP was revised upward to an annualized growth rate of 4.4%, surpassing expectations of 4.3%, suggesting robust economic momentum that may encourage investor optimism about future economic prospects.
- Natural Gas Price Surge: Natural gas prices increased by over 12% to a three-year high due to an Arctic cold front raising heating demand, which boosts related stocks and highlights volatility and investment opportunities in the energy market.
- Tech Stocks Lead Gains: The Magnificent Seven tech stocks, including Meta, Amazon, and Tesla, saw significant gains, driving the overall market higher and reflecting sustained investor confidence and growth potential in the technology sector.
See More
BTIG Upgrades Sphere Entertainment (SPHR) to Buy with $110 Price Target
- Rating Upgrade: BTIG upgraded Sphere Entertainment's investment rating from 'neutral' to 'buy', with shares rising nearly 6% before midday, driven by multiple catalysts identified by the firm.
- Profitability Outlook: The firm expects Sphere's profitability to improve into 2026 and 2027, indicating the company's ability to grow earnings despite a weakening lower-end consumer backdrop.
- Expansion Opportunities: The expansion potential in both U.S. and international markets is appealing, with content licensing expected to provide a potentially higher-margin revenue stream, further enhancing business performance.
- Price Target Set: BTIG has set a price target of $110 for Sphere Entertainment, implying an 18.1% upside, reflecting a positive market outlook for the company's future performance.
See More
