Spark I Acquisition (NASDAQ:SPKLU) Trading Up 7% – Still a Buy?

Posted by Defense World Staff on Feb 25th, 2026

Spark I Acquisition Co. (NASDAQ:SPKLU – Get Free Report) shares shot up 7% during trading on Tuesday . The stock traded as high as $11.90 and last traded at $11.90. 200 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 522 shares. The stock had previously closed at $11.12.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Spark I Acquisition in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Read Our Latest Research Report on Spark I Acquisition

Spark I Acquisition Stock Up 7.0%

The firm’s 50-day simple moving average is $11.78 and its 200-day simple moving average is $11.18.

Hedge Funds Weigh In On Spark I Acquisition

An institutional investor recently bought a new position in Spark I Acquisition stock. Clear Street Group Inc. acquired a new position in shares of Spark I Acquisition Co. (NASDAQ:SPKLU – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 17,973 shares of the company’s stock, valued at approximately $193,000.

Spark I Acquisition Company Profile

(Get Free Report)

Spark I Acquisition Corp. is a special purpose acquisition company (SPAC) formed to effectuate a merger, capital stock exchange, asset acquisition or similar business combination with one or more businesses. The company executed its initial public offering in late 2020 under the ticker SPKLU on the Nasdaq Stock Market. As a blank-check vehicle, Spark I Acquisition does not currently conduct operations of its own but seeks to identify and combine with a target company that offers substantial growth potential and strategic alignment with its investment criteria.

The SPAC is sponsored by Spark Impact, an asset management and investment firm known for integrating environmental, social and governance (ESG) principles into its investment process.