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Ariel Fund's investment thesis on Sphere Entertainment Co. ($SPHR) — Q1 2025 | Buyside Digest

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$SPHRNASDAQSphere Entertainment Co.

BULL

Ariel Fund—SPHR

Fund Letter

Q1 2025

Published March 31, 2025

View Fund Profile

$134.44USD

-5.6% vs last month

$26.72Pitched

+403.1% since pitch

Market Cap$5.6B

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

Sphere Entertainment experienced profit-taking despite solid financial performance, presenting a disconnect between stock price and strong business fundamentals. Financials are expected...

— John W. Rogers, Jr.

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What other investors think about $SPHR, and what else Ariel Fund is buying.

Other pitches on $SPHR

Other investors who've written on Sphere Entertainment Co.

O'Keefe Stevens Advisory, IncBULL

Pitched Apr 24, 2026

Sphere's operating results continue to surprise us to the upside.

View all $SPHR pitches →