StreetInsider.com News Articles

Sphere Entertainment (SPHR) PT Lowered to $180 at Guggenheim

Wed, 14 Oct 2026 06:14:16 -0400

Guggenheim analyst Curry Baker lowered the price target on Sphere Entertainment (NYSE: SPHR) to $180.00 (from $208.00) while maintaining a Buy rating.

The analyst comments "We have updated our model to reflect softer Wizard of Oz Experience trends in 3Q (notably in August with leisure travel to Vegas down mid-single digits) and 4Q. Our 2026 Sphere full-year revenue and AOI forecasts are now $956mm (down from $983mm) and $235mm (down from $253mm). We have also lowered our 2027 outlook to $258mm (down from $291mm) reflecting positive cost comps, continued ramping of live event utilization and new sponsorship agreements; offset by more

Sphere Entertainment (SPHR) PT Lowered to $180 at Guggenheim

Wed, 14 Oct 2026 06:14:16 -0400

Guggenheim analyst Curry Baker lowered the price target on Sphere Entertainment (NYSE: SPHR) to $180.00 (from $208.00) while maintaining a Buy rating.

Sphere Entertainment (SPHR) PT Lowered to $125 at StoneX on Weak Near-Term Demand

Tue, 06 Oct 2026 09:27:28 -0400

(Updated - October 6, 2026 9:27 AM EDT)

StoneX analyst Mike Hickey lowered the price target on Sphere Entertainment (NYSE: SPHR) to $125.00 (from $175.00) while maintaining a Buy rating.

The analyst commented, "We are lowering our 2H estimates and resetting our PT to $125 while maintaining our Buy rating. Slower The Wizard of Oz bookings, softer Las Vegas leisure visitation and macro pressure suggest weaker near-term demand, with our daily ticket-sales proxy declining ~10% from the level used for 2Q. We view the weakness primarily as seasonality, content fatigue and destination headwinds and remain confident in the long-term model. Oz 2.0

Sphere Entertainment (SPHR) PT Lowered to $125 at StoneX on Weak Near-Term Demand

Tue, 06 Oct 2026 09:27:28 -0400

(Updated - October 6, 2026 9:27 AM EDT)

StoneX analyst Mike Hickey lowered the price target on Sphere Entertainment (NYSE: SPHR) to $125.00 (from $175.00) while maintaining a Buy rating.

Sphere Entertainment (SPHR) Reiterated at Market Outperform by Citizens - 'Recent Weakness an Attractive Opportunity'

Tue, 06 Oct 2026 05:40:19 -0400

Citizens analyst Matthew Condon reiterated a Market Outperform rating and $200.00 price target on Sphere Entertainment (NYSE: SPHR).

The analyst commented, "Given the recent weakness in Sphere Entertainment shares, we wanted to revisit our longterm thesis and why we believe the story remains firmly intact. While investor concerns around near-term demand for The Wizard of Oz have become a key debate point, we look beyond this near-term noise and remain focused on what we believe is the much larger opportunity, mainly Sphere’s global venue expansion and growing content pipeline. We acknowledge that materially higher labor and construction costs, as well as

Sphere Entertainment (SPHR) PT Lowered to $160 at BTIG

Tue, 06 Oct 2026 05:25:28 -0400

BTIG analyst Tyler DiMatteo lowered the price target on Sphere Entertainment (NYSE: SPHR) to $160.00 (from $190.00) while maintaining a Buy rating.

The analyst comments "Ahead of 3Q26 earnings (est early-mid November), we lower our Sphere Experience revenue for 3Q/4Q to $110M/$148M (from $123M/ $164M) vs. the Street $123M/$164M. Our reduction is driven largely by more conservative sell through and revenue/show assumptions given our ticketing trends math, our estimate of implied WoZ 3Q exit rate bookings and current estimates of October booking trends. We highlighted this investor debate in our note last week related to WoZ surpassing $500M in ticket sales

Sphere Entertainment (SPHR) PT Lowered to $160 at BTIG

Tue, 06 Oct 2026 05:25:28 -0400

BTIG analyst Tyler DiMatteo lowered the price target on Sphere Entertainment (NYSE: SPHR) to $160.00 (from $190.00) while maintaining a Buy rating.

Craig-Hallum Downgrades Sphere Entertainment (SPHR) to Hold

Mon, 05 Oct 2026 07:14:12 -0400

Craig-Hallum analyst Ryan Sigdahl downgraded Sphere Entertainment (NYSE: SPHR) from Buy to Hold.

For an analyst ratings summary and ratings history on Sphere Entertainment click here. For more ratings news on Sphere Entertainment click here.

Shares of Sphere Entertainment closed at $128.25 yesterday.

BTIG Reiterates Buy Rating on Sphere Entertainment (SPHR)

Mon, 28 Sep 2026 05:28:13 -0400

BTIG analyst Tyler DiMatteo reiterated a Buy rating and $190.00 price target on Sphere Entertainment (NYSE: SPHR)

The analyst comments "On Friday, SPHR announced the next iteration of the Wizard of Oz (WoZ), version 2.0, with the company now surpassing $500M in ticket sales at over 4M tickets sold since inception (8/28/25). The 2.0 version will exhibit new 4D effects to enhance the show's immersive experience, but the core show content and product will remain intact otherwise. Despite the stock being up ~2% on Friday, shares have pulled back ~12% over the past month (back to high-teens EBITDA multiple from low

Sphere adds 4D effects to Wizard of Oz show, topping $500M in sales

Fri, 25 Sep 2026 08:02:03 -0400

Sphere Entertainment Co. (NYSE: SPHR) has introduced enhanced 4D effects for The Wizard of Oz at Sphere in Las Vegas, adding animatronic Winged Monkeys, themed scents, scented apples, pyrotechnic fireworks, and what the company calls "Glinda Glitter."

The announcement coincides with the experience surpassing $500 million in ticket sales, with more than 4 million total tickets sold since the show debuted on August 28, 2025.

Tickets are currently on sale through the beginning of 2027.

Sphere Debuts Enhanced and Expanded 4D Effects for The Wizard of Oz at Sphere

Fri, 25 Sep 2026 08:00:00 -0400

The Experience Hits Major Milestone, Surpassing Half a Billion in Ticket Sales with Over 4 Million Total Tickets Sold

LAS VEGAS--(BUSINESS WIRE)-- Sphere Entertainment Co. (NYSE: SPHR) announced today the debut of enhanced and expanded 4D effects for The Wizard of Oz at Sphere, including animatronic Winged Monkeys, themed scents, scented apples, pyrotechnic fireworks, and “Glinda Glitter.”

The new 4D effects further immerse audiences in the world of Oz and build upon the experience that has captivated audiences since The Wizard of Oz at Sphere debuted in Las Vegas on August 28, 2025.

The enhanced

Sphere Debuts Enhanced and Expanded 4D Effects for The Wizard of Oz at Sphere

Fri, 25 Sep 2026 08:00:00 -0400

The Experience Hits Major Milestone, Surpassing Half a Billion in Ticket Sales with Over 4 Million Total Tickets Sold

The new 4D effects further immerse audiences in the world of Oz and build upon the experience that has captivated audiences since The Wizard of Oz at Sphere debuted in Las Vegas on August 28, 2025.

The enhanced

Sphere Entertainment and Disguise sign multi-year technology deal

Wed, 23 Sep 2026 08:02:38 -0400

Sphere Entertainment Co. (NYSE: SPHR) and visual technology company Disguise have announced a multi-year partnership to develop technologies for Sphere's immersive entertainment venue.

Disguise has supplied media servers and software to Sphere since the Las Vegas venue opened in 2023, supporting live residency productions and corporate events. The expanded agreement is aimed at accelerating video playback capabilities and preparing Sphere for what the companies describe as a next phase of global growth.

Under the agreement, Sphere will be the first partner to bring Disguise's next-generation technology to market, according to a joint statement from the companies.

Ryan Dolan, Executive Vice President and Head

Sphere Entertainment and Disguise sign multi-year technology deal

Wed, 23 Sep 2026 08:02:38 -0400

Sphere Entertainment Co. (NYSE: SPHR) and visual technology company Disguise have announced a multi-year partnership to develop technologies for Sphere's immersive entertainment venue.

Under the agreement, Sphere will be the first partner to bring Disguise's next-generation technology to market, according to a joint statement from the companies.

Ryan Dolan, Executive Vice President and Head

Sphere and Disguise Announce Multi-Year Technology Partnership to Advance the Future of Immersive Live Entertainment

Wed, 23 Sep 2026 08:00:00 -0400

NEW YORK--(BUSINESS WIRE)-- Sphere Entertainment Co. (NYSE: SPHR) and Disguise, a global leader in visual technology for live events, location-based entertainment and virtual production, today announced a new multi-year partnership to develop advanced technologies custom-made for Sphere’s immersive entertainment venue.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260923740752/en/

Since Sphere opened in 2023, Disguise has served as a key technology partner supporting the delivery of Sphere’s groundbreaking live residency productions and corporate events. For these events, Sphere uses Disguise media servers and software to process, synchronise and play

Sphere and Disguise Announce Multi-Year Technology Partnership to Advance the Future of Immersive Live Entertainment

Wed, 23 Sep 2026 08:00:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260923740752/en/

Sphere and Lyft form multi-year rideshare partnership in Las Vegas

Wed, 16 Sep 2026 08:00:18 -0400

Sphere Entertainment Co. (NYSE: SPHR) and Lyft (Nasdaq: LYFT) announced a multi-year marketing partnership naming Lyft an official rideshare partner of Sphere Las Vegas.

Under the agreement, Lyft will receive brand integrations across Sphere's venue, including in-venue digital signage, exterior venue signage, and IPTV placements. Lyft will also have a dedicated pickup and drop-off zone within Sphere's rideshare lot and in-app wayfinding for riders.

The partnership covers live residencies, Sphere Experiences, and brand and marquee events held at the venue.

Marcus Ellington, Executive Vice President of Ad Sales and Sponsorships at Sphere, said: "Lyft has built one of the most widely used rideshare

Sphere and Lyft form multi-year rideshare partnership in Las Vegas

Wed, 16 Sep 2026 08:00:18 -0400

Sphere Entertainment Co. (NYSE: SPHR) and Lyft (Nasdaq: LYFT) announced a multi-year marketing partnership naming Lyft an official rideshare partner of Sphere Las Vegas.

The partnership covers live residencies, Sphere Experiences, and brand and marquee events held at the venue.

Marcus Ellington, Executive Vice President of Ad Sales and Sponsorships at Sphere, said: "Lyft has built one of the most widely used rideshare

Sphere and Lyft Announce Multi-Year Partnership, Naming Lyft an Official Rideshare Partner of the Venue

Wed, 16 Sep 2026 08:00:00 -0400

LAS VEGAS--(BUSINESS WIRE)-- Sphere Entertainment Co. (NYSE: SPHR) and Lyft (Nasdaq: LYFT) announced today a multi-year marketing partnership, naming Lyft as an official rideshare partner of Sphere. The partnership provides Lyft with premier brand integrations and visibility across Sphere’s ecosystem, such as in-venue digital signage and out-of-venue signage, a dedicated Lyft pickup and drop-off zone within Sphere’s rideshare lot and in-app wayfinding.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260916214035/en/

“At Sphere, we

Sphere and Lyft Announce Multi-Year Partnership, Naming Lyft an Official Rideshare Partner of the Venue

Wed, 16 Sep 2026 08:00:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260916214035/en/

“At Sphere, we

Sphere and Lyft Announce Multi-Year Partnership, Naming Lyft an Official Rideshare Partner of the Venue

Wed, 16 Sep 2026 08:00:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260916214035/en/

“At Sphere, we

Sphere and Lyft Announce Multi-Year Partnership, Naming Lyft an Official Rideshare Partner of the Venue

Wed, 16 Sep 2026 08:00:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260916214035/en/

“At Sphere, we

Sphere Entertainment (SPHR) PT Raised to $208 at Guggenheim

Wed, 02 Sep 2026 06:42:19 -0400

(Updated - September 2, 2026 6:42 AM EDT)

Guggenheim analyst Curry Baker raised the price target on Sphere Entertainment (NYSE: SPHR) to $208.00 (from $193.00) while maintaining a Buy rating.

The analyst commented: "Reiterating our positive outlook and bullish thesis on Sphere with multiple near-to-mid-term catalysts ahead. SPHR shares have been under pressure the last two weeks - in our view - due to soft August Ticketmaster data and weak August tourism in the Las Vegas market overall. Looking ahead post-Labor Day, we expect WOZ to benefit from increasingly favorable seasonality trends in Vegas and the debut of WOZ 2.0 on 9/25

Sphere Entertainment (SPHR) PT Raised to $208 at Guggenheim

Wed, 02 Sep 2026 06:42:19 -0400

(Updated - September 2, 2026 6:42 AM EDT)

Guggenheim analyst Curry Baker raised the price target on Sphere Entertainment (NYSE: SPHR) to $208.00 (from $193.00) while maintaining a Buy rating.

Sphere Entertainment (SPHR) Reiterated at Market Outperform by Citizens: Global Expansion Apace

Tue, 01 Sep 2026 04:31:00 -0400

Citizens analyst Matthew Condon reiterated a Market Outperform rating and $200.00 price target on Sphere Entertainment (NYSE: SPHR).

The analyst commented, "We continue to believe Sphere is in the early stages of global expansion, with momentum building across both its venue and content pipelines, catalyzed by the success of its Las Vegas venue and The Wizard of Oz production. Sphere stated on its 2Q26 earnings call that it could have five operational venues, with another five under construction, within the next 5-6 years, supporting our view that it could generate $1.2B of AOI across five venues by 2031. We continue to