Professional
Added to YB: 2026-04-29
Pitch date: 2026-04-24
SPHR [neutral]
Sphere Entertainment Co.
+0.28%
current return
Author Info
No bio for this author
Company Info
Sphere Entertainment Co. operates as a live entertainment and media company in the United States. It operates through two segments, Sphere and MSG Networks.
Market Cap
$4.7B
Pitch Price
$132.63
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.42
P/E
177.54
EV/Sales
4.19
Sector
Entertainment
Category
growth
O'Keefe Stevens Advisory Portfolio Holding: Sphere Entertainment Co.
SPHR (holding update): Q4 rev $308M, adj op income $33M; Wizard of Oz crossed $290M ticket revenue, 2M+ tickets sold. Per-show rev up mid-single digits YoY. Announced first smaller 6K-seat Sphere at National Harbor w/ $200M incentives, $1B annual econ impact. Shift to asset-light content/royalty model via tech licensing at fraction of LV cost. Stock rallied sharply off 2025 low but mgmt can handle multiple concurrent projects. Bullish on trajectory.
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