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Sphere 3D Corp (ANY) Stock Forecast & Price Prediction

Live ANY Stock Price & Analysis

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$0.77

-0.05 (-6.59%)

12 Month Price Forecast For ANY

$0.77
Current Price
$19.57M
Market Cap
1 Ratings
Buy 1
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to ANY Price Forecasts

+290.2%
To High Target of $3.00
+290.2%
To Median Target of $3.00
+290.2%
To Low Target of $3.00

ANY Price Momentum

-12.5%
1 Week Change
-27.4%
1 Month Change
-64.0%
1 Year Change
-18.1%
Year-to-Date Change
-71.8%
From 52W High of $2.73
+14.6%
From 52W Low of $0.67

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 6, 2025 10:54 AM UTC

ANY Analyst Ratings & Price Targets

Based on our analysis of 2 Wall Street analysts, ANY has a consensus that is bullish. The median price target is $3.00, with forecasts ranging from $3.00 to $3.00. Currently, there are 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings.

With ANY currently trading at $0.77, the median price forecast suggests a 290.2% upside. The most optimistic forecast comes from Kevin Dede at HC Wainwright & Co., projecting a 290.2% upside, while Kevin Dede at HC Wainwright & Co. provides the most conservative target, suggesting a 290.2% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

ANY Analyst Consensus

1
Buy
0
Hold
0
Sell

ANY Price Target Range

Low
$3.00
Average
$3.00
High
$3.00
Current: $0.77

Latest ANY Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for ANY.

Date Firm Analyst Rating Change Price Target
Nov 18, 2024 HC Wainwright & Co. Kevin Dede Buy Reiterates $3.00
Aug 19, 2024 HC Wainwright & Co. Kevin Dede Buy Maintains $3.00
May 16, 2024 HC Wainwright & Co. Kevin Dede Buy Reiterates $4.00
Dec 28, 2023 HC Wainwright & Co. Kevin Dede Buy Initiates $5.00
Nov 25, 2020 Ladenburg Thalmann Buy Initiates $0.00
Nov 25, 2020 Roth Capital Buy Initiates $0.00
Jan 19, 2016 Ladenburg Thalmann Buy Initiates $0.00
Jun 24, 2015 Roth Capital Buy Initiates $0.00

Stocks Similar to Sphere 3D Corp

The following stocks are similar to Sphere 3D based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Sphere 3D Corp (ANY) Financial Data

Sphere 3D Corp has a market capitalization of $19.57M with a P/E ratio of -0.4x. The company generates $25.03M in trailing twelve-month revenue with a -69.6% profit margin.

Revenue growth is -14.6% quarter-over-quarter, while maintaining an operating margin of -89.2% and return on equity of -35.4%.

Valuation Metrics

Market Cap $19.57M
Enterprise Value $23.76M
P/E Ratio -0.4x
PEG Ratio -0.5x
Price/Sales 0.8x

Growth & Margins

Revenue Growth (YoY) -14.6%
Gross Margin -16.0%
Operating Margin -89.2%
Net Margin -69.6%
EPS Growth -58.9%

Financial Health

Cash/Price Ratio +86.6%
Current Ratio 4.4x
Debt/Equity 0.0x
ROE -35.4%
ROA -16.7%

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Sphere 3D Corp logo

Sphere 3D Corp (ANY) Company Overview

About Sphere 3D Corp

What They Do

Engages in the bitcoin mining business.

Business Model

The company operates by providing computing power to bitcoin mining pools, partnering with digital asset mining pool operators to facilitate efficient mining operations. This model allows Sphere 3D Corp. to generate revenue through its participation in the growing cryptocurrency market.

Additional Information

Based in Stamford, Connecticut, Sphere 3D Corp. is positioned in an evolving sector with increasing interest in digital assets, potentially benefiting from rising demand for cryptocurrency and mining services.

Company Information

Sector

Financial Services

Industry

Capital Markets

Employees

3

CEO

Ms. Patricia Trompeter

Country

United States

IPO Year

2013

Sphere 3D Corp (ANY) Latest News & Analysis

ANY stock latest news image
Quick Summary

Sphere 3D Corp. (NASDAQ: ANY) announced CFO Kurt Kalbfleisch as Acting CEO while Patricia Trompeter takes a four-month medical leave for health reasons.

Why It Matters

Leadership changes can impact investor confidence and company performance. A temporary CEO may lead to strategic shifts or uncertainty, affecting stock price and market perception.

Source: Newsfile Corp
Market Sentiment: Neutral
ANY stock latest news image
Quick Summary

Sphere 3D Corp (NASDAQ: ANY) has entered a securities purchase agreement for a registered direct offering of 4.23 million shares at $1.42 each and issued warrants for the same amount.

Why It Matters

Sphere 3D's capital raise through a direct offering and private placement indicates investor confidence, potentially bolstering liquidity for growth and signaling market interest in Bitcoin mining.

Source: Newsfile Corp
Market Sentiment: Neutral
ANY stock latest news image
Quick Summary

Sphere 3D Corp. (NASDAQ: ANY) announced Q3 2024 financial results and plans to acquire a 12.5 MW site in Iowa with low energy costs under 4c.

Why It Matters

Sphere 3D's acquisition of a low-cost energy site enhances its operational efficiency, potentially boosting profitability and competitiveness in the Bitcoin mining sector.

Source: Newsfile Corp
Market Sentiment: Neutral
ANY stock latest news image
Quick Summary

Sphere 3D Corp. (ANY) reported quarterly earnings of $0.01 per share, surpassing the Zacks Consensus Estimate of a $0.19 loss, improving from a loss of $0.38 per share last year.

Why It Matters

Sphere 3D's earnings beat expectations and show improvement from last year, indicating potential growth and a positive shift in financial performance, which can boost investor confidence.

Source: Zacks Investment Research
Market Sentiment: Positive
ANY stock latest news image
Quick Summary

Sphere 3D Corp. (NASDAQ: ANY) mined 11.7 Bitcoin in October 2024, with a hash rate of 0.8 EH/s. Development started on a new site with a sub $0.04 power contract.

Why It Matters

Sphere 3D's operational update indicates increased Bitcoin production and a new power contract, potentially enhancing profitability and growth prospects, impacting investor sentiment positively.

Source: Newsfile Corp
Market Sentiment: Neutral
ANY stock latest news image
Quick Summary

Sphere 3D Corp. (NASDAQ: ANY) mined 9.2 Bitcoin in September 2024, with a deployed hash rate of 0.7 EH/s. A new 12.5 MW hosting site development is underway, starting power in December 2024.

Why It Matters

Sphere 3D's operational update highlights increased Bitcoin production and a new hosting site with a low power cost, indicating potential for future profitability and growth in a volatile market.

Source: Newsfile Corp
Market Sentiment: Neutral

Frequently Asked Questions About ANY Stock

What is Sphere 3D Corp's (ANY) stock forecast for 2025?

Based on our analysis of 2 Wall Street analysts, Sphere 3D Corp (ANY) has a median price target of $3.00. The highest price target is $3.00 and the lowest is $3.00.

Is ANY stock a good investment in 2025?

According to current analyst ratings, ANY has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.77. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for ANY stock?

Wall Street analysts predict ANY stock could reach $3.00 in the next 12 months. This represents a 290.2% increase from the current price of $0.77. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Sphere 3D Corp's business model?

The company operates by providing computing power to bitcoin mining pools, partnering with digital asset mining pool operators to facilitate efficient mining operations. This model allows Sphere 3D Corp. to generate revenue through its participation in the growing cryptocurrency market.

What is the highest forecasted price for ANY Sphere 3D Corp?

The highest price target for ANY is $3.00 from Kevin Dede at HC Wainwright & Co., which represents a 290.2% increase from the current price of $0.77.

What is the lowest forecasted price for ANY Sphere 3D Corp?

The lowest price target for ANY is $3.00 from Kevin Dede at HC Wainwright & Co., which represents a 290.2% increase from the current price of $0.77.

What is the overall ANY consensus from analysts for Sphere 3D Corp?

The overall analyst consensus for ANY is bullish. Out of 2 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $3.00.

How accurate are ANY stock price projections?

Stock price projections, including those for Sphere 3D Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.