Sphere Entertainment Co. (SPHR)
(Real Time Quote from BATS)
$49.09 USD
+2.85 (6.16%)
Updated Aug 16, 2024 03:58 PM ET
3-Hold of 5 3
B Value C Growth D Momentum C VGM
Sphere Entertainment (SPHR) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$42.67 | $48.00 | $37.00 | -7.72% |
Price Target
Based on short-term price targets offered by six analysts, the average price target for Sphere Entertainment comes to $42.67. The forecasts range from a low of $37.00 to a high of $48.00. The average price target represents a decline of 7.72% from the last closing price of $46.24.
Analyst Price Targets (6 )
Broker Rating
Sphere Entertainment currently has an average brokerage recommendation (ABR) of 2.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by eight brokerage firms. The current ABR compares to an ABR of 2.71 a month ago based on seven recommendations.
Of the eight recommendations deriving the current ABR, two are Strong Buy, representing 25% of all recommendations. A month ago, Strong Buy represented 14.29%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/SPHR.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 2 | 2 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 6 | 6 | 6 | 6 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.50 | 2.50 | 2.71 | 2.71 | 2.71 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/7/2024 | Seaport Research Partners | David Joyce | Strong Buy | Strong Buy |
7/23/2024 | The Benchmark Company | Michael J Hickey | Not Available | Hold |
6/27/2024 | Guggenheim Securities | Michael C Morris | Strong Buy | Strong Buy |
5/13/2024 | Macquarie Capital Securities | Paul Golding | Hold | Hold |
1/17/2024 | Not Identified | Not Identified | Not Available | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.50 |
ABR (Last week) | 2.50 |
# of Recs in ABR | 8 |
Average Target Price | $42.67 |
LT Growth Rate | NA |
Industry | Media Conglomerates |
Industry Rank by ABR | 70 of 253 |
Current Quarter EPS Est: | -2.16 |