Sphere 3D Corp. (ANY)
NASDAQ: ANY · IEX Real-Time Price · USD
1.040
-0.030 (-2.80%)
At close: Jul 2, 2024, 4:00 PM
1.059
+0.019 (1.83%)
After-hours: Jul 2, 2024, 7:46 PM EDT

Sphere 3D Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Sphere 3D stock has a target of 4.00, which predicts an increase of 284.62% from the current stock price of 1.04.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $4.00 $4.00 $4.00 $4.00
Change +284.62% +284.62% +284.62% +284.62%
* Price targets were last updated on May 16, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Sphere 3D is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Apr '24May '24Jun '24
Strong Buy 111
Buy 000
Hold 000
Sell 000
Strong Sell 000
Total 111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$4
Strong Buy Reiterates $4 +284.62% May 16, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Initiates
$5
Strong Buy Initiates $5 +380.77% Dec 28, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
23.53M
from 21.91M
Increased by 7.43%
Revenue Next Year
n/a
from 23.53M
EPS This Year
-1.05
from -1.93
EPS Next Year
n/a
from -1.05
Year 201920202021202220232024
Revenue
5.58M4.85M3.72M6.08M21.91M23.53M
Revenue Growth
-38.22%-13.10%-23.27%63.36%260.47%7.43%
EPS
-11.13-6.86-4.06-20.36-1.93-1.05
EPS Growth
------
Forward PE
------
No. Analysts -----2
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024
High 24.5M
Avg 23.5M
Low 22.8M

Revenue Growth

Revenue Growth 2024
High
11.7%
Avg
7.4%
Low
4.2%

EPS Forecast

EPS 2024
High -1.09
Avg -1.05
Low -1.02

EPS Growth

EPS Growth 2024
High -
Avg -
Low -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.