On June 23, 2025, Craig-Hallum initiated coverage on Sphere Entertainment (SPHR, Financial), a leading entertainment company, with a Buy rating. The announcement was made by analyst Ryan Sigdahl, highlighting a positive outlook for the company's future performance.
In addition to the Buy rating, Craig-Hallum set a price target of $75.00 USD for SPHR. This target indicates a strong potential for growth in the stock's value, positioning Sphere Entertainment as an attractive investment option in the entertainment sector.
The announcement underscores Craig-Hallum's confidence in Sphere Entertainment's market strategy and business model. Investors are encouraged to monitor SPHR as it progresses in the coming months.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Sphere Entertainment Co (SPHR, Financial) is $47.44 with a high estimate of $74.00 and a low estimate of $35.00. The average target implies an upside of 23.10% from the current price of $38.54. More detailed estimate data can be found on the Sphere Entertainment Co (SPHR) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Sphere Entertainment Co's (SPHR, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Sphere Entertainment Co (SPHR, Financial) in one year is $49.77, suggesting a upside of 29.14% from the current price of $38.54. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Sphere Entertainment Co (SPHR) Summary page.
