NYSE:SPHR

43.08
0.27 (0.63%) 1d
0
Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Experts are hesitant about Sphere Entertainment due to its volatile stock performance, high debt from building the Vegas Sphere, and the CEO's reported angry tantrum causing the CFO to quit. London's mayor also blocked the building of a Sphere in the city. Despite making money from hosting U2 concerts and selling advertising, the company's growth plan depends on building more Spheres around the world, which is uncertain. Overall, experts advise to pass on investing in Sphere Entertainment due to the high level of risk involved.

Consensus
Pass
Valuation
Overvalued
DON'T BUY

Made a splash by hosting U2 concerts in its impressive, but very expensive venue in Las Vegas. It also makes money from selling advertising on its exterior and from regional sports networks. But this is volatile, down 15% one day then 10% up another this past week.  Also, the CFO was reported quitting following an angry tantrum by its CEO.  Also, London's mayor blocked building a Sphere there, and the company's growth plan depends on building more spheres around the world. Where can it build? Building the Vegas Sphere had put this in heavy debt that looks like it will get worse. That said, they're on track to turn a profile this quarter. Overall, this is too risky for him. Pass.

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Sphere Entertainment(SPHR-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Sphere Entertainment is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Sphere Entertainment(SPHR-N) Frequently Asked Questions

What is Sphere Entertainment stock symbol?

Sphere Entertainment is a American stock, trading under the symbol SPHR-N on the New York Stock Exchange (SPHR). It is usually referred to as NYSE:SPHR or SPHR-N

Is Sphere Entertainment a buy or a sell?

In the last year, 1 stock analyst published opinions about SPHR-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sphere Entertainment.

Is Sphere Entertainment a good investment or a top pick?

Sphere Entertainment was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Sphere Entertainment.

Why is Sphere Entertainment stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Sphere Entertainment worth watching?

In the last year, there was no coverage of Sphere Entertainment published on Stockchase.

What is Sphere Entertainment stock price?

On 2024-07-26, Sphere Entertainment (SPHR-N) stock closed at a price of $43.08.