How to Buy Sphere Entertainment Co Stock
Sphere Entertainment Co
Madison Square Garden Entertainment Corp. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball, professional bull riding, mixed martial arts, and esports in its venues, including New York's Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre, and The Chicago Theatre.
Sphere Entertainment Co stock last closed at $38.22, down 2.52% from the previous day, and has increased 9.58% in one year. It has underperformed other stocks in the Entertainment industry by 0.29 percentage points. Sphere Entertainment Co stock is currently +59.98% from its 52-week low of $23.89, and -24.88% from its 52-week high of $50.88.
As of Jun 13, 2025, there are 36M shares of SPHR outstanding. The market cap of SPHR is $1.38B. In the past 24 hours, 260,000 SPHR shares were traded.
How to Buy Sphere Entertainment Co Stock
Wondering how to invest in Sphere Entertainment Co stock? Here's how.
- Decide where to buy Sphere Entertainment Co stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Sphere Entertainment Co stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your payment method and add your details.
- Research Sphere Entertainment Co stock: The Sphere Entertainment Co ticker symbol is SPHR. Is Sphere Entertainment Co stock a good investment? Should you buy shares of SPHR? How do SPHR's underlying business fundamentals look? Do top analysts think Sphere Entertainment Co is a good buy? Why has SPHR's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if SPHR is a good stock to buy).
- Make your SPHR buy order: Decide if you will purchase SPHR shares at the current market price or use a limit order to buy SPHR shares at a particular price.
- Monitor your SPHR position: Create a watchlist to track your position in Sphere Entertainment Co shares.
Step 1: Decide where to buy Sphere Entertainment Co stock
You need an online brokerage account to access the NYSE market and buy SPHR shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world markets: From Tech to Energy, New York to Hong Kong (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal details so you are able to invest in SPHR today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have opened your account on the best stock broker app, you can securely and quickly fund your account:
Watch the video below for more details depositing funds into your brokerage account.
Step 4: Research Sphere Entertainment Co stock
Once you have selected the best place to buy Sphere Entertainment Co stock, it's very important to evaluate their stock before you buy, so you can understand the risk and opportunity.
Overview of key SPHR info
SPHR Due Diligence Checks
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SPHR's stock page.
Is SPHR stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge SPHR's true value.
Using relative valuations metrics:
- SPHR could be undervalued based on its P/B ratio of 0.64x, relative to Entertainment industry P/B ratio of 4.08x
You can access more valuation research on SPHR's stock here.
How do SPHR Financials look?
Passed Health Checks:
- SPHR has $508.16M in cash and short term investments. This is sufficient to cover its annual cash burn of $106.46M.
- SPHR has cash burn of 106457000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- There are more short-term liabilities than short-term assets on the SPHR balance sheet.
- There are more long-term liabilities than short-term assets on the SPHR balance sheet.
- Total SPHR debt is higher than 5 years ago, relative to shareholder equity.
- SPHR has a relatively high debt to equity ratio of 1.08.
- SPHR profit margin has gone down from 43.4% to -33% in the past year.
Is Sphere Entertainment Co stock a Buy, Hold, or Sell, according to analysts?
Out of 6 sell side analysts who give forecasts on SPHR, the consensus analyst rating on SPHR is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest SPHR Analyst Upgrades/Downgrades
Paul Golding, a top 41% analyst from Macquarie maintains SPHR with a hold rating and lowers their SPHR price target from $45.00 to $40.00, on Mar 11, 2025.
You can dig deeper into what analysts are forecasting on the Sphere Entertainment Co stock forecast page.
SPHR Technicals
SPHR Performance Metrics
Last year, SPHR revenue was $1.09B. Over the last 5 year, SPHR's revenue has grown by 2.35% per year. This was slower than the Entertainment industry average of 11.16%.
Find out more about SPHR's earnings and revenue performance here.
Are SPHR executives and large shareholders buying or selling the stock?
Over the past year, executives and large shareholders at SPHR have sold more shares than they have bought.
Andrea Greenberg, PresidentCEO-MSG Networks of SPHR, was the latest SPHR insider to sell. They sold $45,825.93 worth of SPHR stock on Mar 12, 2025.
Dig into more about who owns SPHR stock here.
Does SPHR provide a stable income stream?
No, Sphere Entertainment Co doesn't provide an income stream by paying out dividends.
SPHR Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your SPHR buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and your broker will place the order.
If you need more assistance buying stocks on eToro, click the how to video below:
Step 6: Monitor your SPHR position
Now that you own some shares in SPHR, you'll want to keep up with your shares.
Create a watchlist to keep track of your SPHR stock.
SPHR Feed
How to Buy Stock in Sphere Entertainment Co
To reiterate, here are the 6 steps to buy stock in Sphere Entertainment Co:
- Decide where to buy Sphere Entertainment Co stock
- Create your brokerage account
- Deposit money your brokerage account
- Research Sphere Entertainment Co stock
- Make your SPHR buy order
- Monitor your SPHR position
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Sphere Entertainment Co, create a watchlist today.
Other Content You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.