Sphere 3D (ANY) Stock Price, News & Analysis

Company Overview

Sphere 3D Corp. engages in the bitcoin mining business. It is involved with digital asset mining pool operators to provide computing power to the mining pools. The company is based in Stamford, Connecticut.

Key Stats

• Today's Range: $1.25 to $1.39
• 50-Day Range: $0.86 to $1.75
• 52-Week Range: $0.57 to $4.09
• Volume: 650,477 shs
• Average Volume: 761,512 shs
• Market Capitalization: $28.46 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.00
• Consensus Rating: Buy

Sphere 3D Stock Analysis - MarketRank™

Sphere 3D scored higher than 51% of companies evaluated by MarketBeat, and ranked 613th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Sphere 3D has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Sphere 3D has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Sphere 3D are expected to decrease in the coming year, from ($0.58) to ($1.06) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sphere 3D is -1.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sphere 3D is -1.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Sphere 3D has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.85% of the float of Sphere 3D has been sold short.

Short Interest Ratio / Days to Cover

Sphere 3D has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sphere 3D has recently increased by 115.77%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sphere 3D does not currently pay a dividend.

Dividend Growth

Sphere 3D does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.85% of the float of Sphere 3D has been sold short.

Short Interest Ratio / Days to Cover

Sphere 3D has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sphere 3D has recently increased by 115.77%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.56

News Sentiment

Sphere 3D has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Sphere 3D this week, compared to 2 articles on an average week.

Search Interest

6 people have searched for ANY on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Sphere 3D to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Sphere 3D insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,450.00 in company stock.

Percentage Held by Insiders

Only 5.59% of the stock of Sphere 3D is held by insiders.

Percentage Held by Institutions

Only 17.28% of the stock of Sphere 3D is held by institutions.

ANY Stock Analysis - Frequently Asked Questions

How have ANY shares performed this year?

Sphere 3D's stock was trading at $3.32 at the beginning of 2024. Since then, ANY shares have decreased by 58.7% and is now trading at $1.37.
View the best growth stocks for 2024 here.

How were Sphere 3D's earnings last quarter?

Sphere 3D Corp. (NASDAQ:ANY) issued its quarterly earnings results on Wednesday, November, 7th. The technology company reported ($6.65) EPS for the quarter, missing analysts' consensus estimates of ($5.32) by $1.33. The technology company had revenue of $15.89 million for the quarter. Sphere 3D had a negative net margin of 50.87% and a negative trailing twelve-month return on equity of 49.54%.

When did Sphere 3D's stock split?

Sphere 3D shares reverse split on the morning of Thursday, June 29th 2023. The 1-7 reverse split was announced on Thursday, June 29th 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, June 29th 2023. An investor that had 100 shares of stock prior to the reverse split would have 14 shares after the split.

Who are Sphere 3D's major shareholders?

Sphere 3D's top institutional shareholders include XTX Topco Ltd (0.18%). Insiders that own company stock include Patricia Trompeter, Kurt L Kalbfleisch and Joseph O'daniel.
View institutional ownership trends.

How do I buy shares of Sphere 3D?

Shares of ANY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Sphere 3D own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sphere 3D investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Palantir Technologies (PLTR), Adobe (ADBE) and Pfizer (PFE).

Company Calendar

• Last Earnings: 11/07/2018
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:ANY
• CUSIP: N/A
• CIK: 1591956
• Web: www.sphere3d.com
• Phone: (647) 952-5049
• Fax: 905-282-9966
• Employees: 20
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.00
• High Stock Price Target: $3.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +131.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.80)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-23,410,000.00
• Net Margins: -50.87%
• Pretax Margin: -50.48%
• Return on Equity: -49.54%
• Return on Assets: -34.72%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.09
• Quick Ratio: 4.09

Sales & Book Value

• Annual Sales: $21.91 million
• Price / Sales: 1.26
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.69 per share
• Price / Book: 0.77

Miscellaneous

• Outstanding Shares: 21,240,000
• Free Float: 20,051,000
• Market Cap: $27.51 million
• Optionable: Optionable
• Beta: 2.80