Ispire Technology Inc. (NASDAQ:ISPR - Free Report) - Equities research analysts at Roth Capital issued their FY2026 EPS estimates for Ispire Technology in a report released on Tuesday, November 19th. Roth Capital analyst N. Anderson anticipates that the company will earn $0.02 per share for the year. Roth Capital has a "Strong-Buy" rating on the stock. The consensus estimate for Ispire Technology's current full-year earnings is ($0.21) per share.
Ispire Technology (NASDAQ:ISPR - Get Free Report) last announced its quarterly earnings results on Monday, November 11th. The company reported ($0.10) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.10). The firm had revenue of $39.34 million during the quarter, compared to analysts' expectations of $45.60 million. Ispire Technology had a negative net margin of 12.80% and a negative return on equity of 58.50%. During the same period in the previous year, the company earned ($0.04) earnings per share.
Separately, Roth Mkm reissued a "buy" rating and issued a $12.50 price objective on shares of Ispire Technology in a report on Wednesday, October 2nd.
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Ispire Technology Price Performance
Ispire Technology stock opened at $6.29 on Thursday. The stock has a 50-day simple moving average of $6.47 and a 200-day simple moving average of $6.95. Ispire Technology has a fifty-two week low of $5.01 and a fifty-two week high of $13.87.
Institutional Investors Weigh In On Ispire Technology
Institutional investors and hedge funds have recently made changes to their positions in the business. Tidal Investments LLC acquired a new position in Ispire Technology in the 1st quarter valued at about $196,000. Bank of New York Mellon Corp increased its holdings in shares of Ispire Technology by 9.3% in the second quarter. Bank of New York Mellon Corp now owns 46,119 shares of the company's stock valued at $369,000 after purchasing an additional 3,931 shares during the period. AdvisorShares Investments LLC raised its stake in shares of Ispire Technology by 10.0% during the second quarter. AdvisorShares Investments LLC now owns 175,858 shares of the company's stock worth $1,361,000 after purchasing an additional 16,000 shares during the last quarter. Yong Rong HK Asset Management Ltd lifted its holdings in shares of Ispire Technology by 94.2% during the second quarter. Yong Rong HK Asset Management Ltd now owns 1,669,515 shares of the company's stock worth $13,357,000 after purchasing an additional 809,819 shares during the period. Finally, Barclays PLC grew its position in Ispire Technology by 311.2% in the 3rd quarter. Barclays PLC now owns 27,461 shares of the company's stock valued at $171,000 after buying an additional 20,782 shares during the last quarter. 5.00% of the stock is owned by hedge funds and other institutional investors.
Ispire Technology Company Profile
(
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Ispire Technology Inc researches, develops, designs, commercializes, sales, markets, and distributes e-cigarettes and cannabis vaping products worldwide. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc operates as a subsidiary of Pride Worldwide Investment Limited.
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