Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Sphere Entertainment Co has a consensus price target of $48.25 based on the ratings of 9 analysts. The high is $63 issued by Guggenheim on September 19, 2024. The low is $40 issued by Benchmark on September 3, 2024. The 3 most-recent analyst ratings were released by Guggenheim, B of A Securities, and Benchmark on September 19, 2024, September 17, 2024, and September 3, 2024, respectively. With an average price target of $48.67 between Guggenheim, B of A Securities, and Benchmark, there's an implied 11.62% upside for Sphere Entertainment Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Sphere Entertainment (NYSE:SPHR) was reported by Guggenheim on September 19, 2024. The analyst firm set a price target for $63.00 expecting SPHR to rise to within 12 months (a possible 44.50% upside). 20 analyst firms have reported ratings in the last year.
The latest analyst rating for Sphere Entertainment (NYSE:SPHR) was provided by Guggenheim, and Sphere Entertainment maintained their buy rating.
The last upgrade for Sphere Entertainment Co happened on August 16, 2024 when JP Morgan raised their price target to $57. JP Morgan previously had a neutral for Sphere Entertainment Co.
The last downgrade for Sphere Entertainment Co happened on September 3, 2024 when Benchmark changed their price target from N/A to $40 for Sphere Entertainment Co.
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 September 19, 2024 so you should expect the next rating to be made available sometime around September 19, 2025.
While ratings are subjective and will change, the latest Sphere Entertainment (SPHR) rating was a maintained with a price target of $58.00 to $63.00. The current price Sphere Entertainment (SPHR) is trading at is $43.60, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.