The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Sphere Entertainment Co's Score
Industry at a Glance
Industry Ranking
21 / 82
Overall Ranking
149 / 4699
Industry
Media & Publishing
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
11
analysts
Buy
Current Rating
61.400
Target Price
+3.56%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Sphere Entertainment Co Highlights
StrengthsRisks
Sphere Entertainment Co. is a live entertainment and media company. The Company’s segments include Sphere and MSG Networks. The Sphere is an entertainment medium, and MSG Networks operates two regional sports and entertainment networks, as well as a direct-to-consumer (DTC) and authenticated streaming product. Sphere segment reflects Sphere, an entertainment medium powered by cutting-edge technologies to create multi-sensory experiences at an unparalleled scale. The MSG Networks segment comprises the Company’s regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as its DTC streaming product, MSG+. MSG Networks serves the New York Designated Market Area, as well as other portions of New York, New Jersey, Connecticut and Pennsylvania and features a wide range of sports content, including live local games and other programming of the New York Knicks of the National Basketball Association and the New York Rangers, New York Islanders and others.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Undervalued
The company’s latest PE is -11.20, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 39.48M shares, decreasing 5.25% quarter-over-quarter.
Sphere Entertainment Co. is a live entertainment and media company. The Company’s segments include Sphere and MSG Networks. The Sphere is an entertainment medium, and MSG Networks operates two regional sports and entertainment networks, as well as a direct-to-consumer (DTC) and authenticated streaming product. Sphere segment reflects Sphere, an entertainment medium powered by cutting-edge technologies to create multi-sensory experiences at an unparalleled scale. The MSG Networks segment comprises the Company’s regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as its DTC streaming product, MSG+. MSG Networks serves the New York Designated Market Area, as well as other portions of New York, New Jersey, Connecticut and Pennsylvania and features a wide range of sports content, including live local games and other programming of the New York Knicks of the National Basketball Association and the New York Rangers, New York Islanders and others.