Sphere Entertainment Stock Target Price and Analyst Consensus

SPHR Stock   40.29  0.75  1.83%   
The current analyst and expert consensus on Sphere Entertainment is Buy, with 1 strong sell and 3 strong buy opinions. The current projected Sphere Entertainment target price consensus is 31.33 with 8 analyst opinions. Check out Macroaxis Advice on Sphere Entertainment to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Sphere Entertainment analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Sphere Entertainment executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Sphere Entertainment. We strongly encourage you to use your own analysis of Sphere Entertainment to validate this buy or sell advice. Sphere Entertainment buy-or-sell recommendation module provides average expert sentiment on the projected Sphere Entertainment target price to derive its highest and lowest estimates based on projected price volatility of 2.8472.
Lowest Forecast
28.51
Highest Forecast
34.78
Target Price
31.33
As of 11/23/2024, Gross Profit is likely to drop to about 407.5 M. In addition to that, Pretax Profit Margin is likely to grow to -0.33. At this time, Sphere Entertainment's Total Current Assets are relatively stable compared to the past year. As of 11/23/2024, Non Current Liabilities Total is likely to grow to about 1.2 B, while Total Current Liabilities is likely to drop slightly above 806.9 M.
  
It's important to approach Sphere Entertainment's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Sphere Entertainment price targets

Sphere Entertainment's stock target price is an estimate of its future price, usually made by analysts. Using Sphere Entertainment's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Sphere Entertainment's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Sphere Entertainment's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Sphere Entertainment Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Sphere Entertainment is a key component of Sphere Entertainment valuation and have some predictive power on the future returns of a Sphere Entertainment.
Hype
Prediction
LowEstimatedHigh
37.5140.3643.21
Details
Intrinsic
Valuation
LowRealHigh
31.5534.4044.32
Details
Naive
Forecast
LowNextHigh
37.8040.6543.49
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sphere Entertainment. Your research has to be compared to or analyzed against Sphere Entertainment's peers to derive any actionable benefits. When done correctly, Sphere Entertainment's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sphere Entertainment.

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Additional Tools for Sphere Stock Analysis

When running Sphere Entertainment's price analysis, check to measure Sphere Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sphere Entertainment is operating at the current time. Most of Sphere Entertainment's value examination focuses on studying past and present price action to predict the probability of Sphere Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere Entertainment's price. Additionally, you may evaluate how the addition of Sphere Entertainment to your portfolios can decrease your overall portfolio volatility.