Is Sphere Entertainment Co. (SPHR) overvalued? · P/E 51, rev $273.4M
Sphere Entertainment Co. (SPHR) is a entertainment company listed on NYSE.
This page asks whether Sphere Entertainment Co. (SPHR) looks expensive on cached numbers — not a short thesis.
Latest reported SPHR revenue for 2024-06-30 was $273.4M. Net income was -$200.6M. Revenue was down 14.9% from 2024-03-31 to 2024-06-30. SPHR currently screens at market cap $5.45B and trailing P/E 51.3.
SPHR currently screens at market cap $5.45B and trailing P/E 51.3. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next SPHR 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the SPHR stock page for the full model, not this heading.
Not investment advice.