Citizens Initiates Coverage of Sphere Entertainment (SPHR) with Market Outperform Recommendation

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks SPHR Citizens Initiates Coverage of Sphere Entertainment (SPHR) with Market Outperform Recommendation March 30, 2026 — 08:04 pm EDT Written by George Maybach for Fintel-> Fintel reports that on March 30, 2026, Citizens initiated coverage of Sphere Entertainment (NYSE:SPHR) with a Market Outperform recommendation.

Analyst Price Forecast Suggests 20.37% Upside As of March 27, 2026, the average one-year price target for Sphere Entertainment is $128.52/share. The forecasts range from a low of $101.00 to a high of $157.50. The average price target represents an increase of 20.37% from its latest reported closing price of $106.77 / share. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Sphere Entertainment is 1,377MM, an increase of 12.86%. The projected annual non-GAAP EPS is -8.27. What is the Fund Sentiment? There are 324 funds or institutions reporting positions in Sphere Entertainment. This is an decrease of 136 owner(s) or 29.57% in the last quarter. Average portfolio weight of all funds dedicated to SPHR is 0.20%, an increase of 58.80%. Total shares owned by institutions decreased in the last three months by 17.79% to 33,604K shares. The put/call ratio of SPHR is 0.81, indicating a bullish outlook. What are Other Shareholders Doing? Ariel Investments holds 3,169K shares representing 11.07% ownership of the company. In its prior filing, the firm reported owning 5,994K shares , representing a decrease of 89.18%. The firm decreased its portfolio allocation in SPHR by 18.29% over the last quarter.

Jericho Capital Asset Management holds 2,606K shares representing 9.10% ownership of the company. In its prior filing, the firm reported owning 2,706K shares , representing a decrease of 3.84%. The firm increased its portfolio allocation in SPHR by 61.36% over the last quarter.

Steadfast Capital Management holds 1,068K shares representing 3.73% ownership of the company. In its prior filing, the firm reported owning 1,256K shares , representing a decrease of 17.66%. The firm increased its portfolio allocation in SPHR by 27.91% over the last quarter. Gamco Investors, Inc. Et Al holds 859K shares representing 3.00% ownership of the company. In its prior filing, the firm reported owning 874K shares , representing a decrease of 1.72%. The firm increased its portfolio allocation in SPHR by 48.97% over the last quarter.

Geode Capital Management holds 648K shares representing 2.26% ownership of the company. In its prior filing, the firm reported owning 671K shares , representing a decrease of 3.60%. The firm decreased its portfolio allocation in SPHR by 23.82% over the last quarter. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.Click to Learn MoreThis story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags Stocks Fintel Fintel is a leading provider of financial data and insights for intelligent, data-driven investors. With coverage of over 75,000 listed companies on all major stock exchanges, Fintel has the most comprehensive coverage of global equities at prices individual investors can afford. Check out our Unique Analysis of Insider Sentiment for Sphere Entertainment Co.-> Find out what the Options Markets think of Sphere Entertainment Co.-> See our take on Sphere Entertainment Co. Upcoming Earnings-> More articles by this source-> Stocks mentioned SPHR More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.