FY2026 EPS Estimates for Sphere 3D Boosted by HC Wainwright

Sphere 3D Corp. (NASDAQ:ANY) – Investment analysts at HC Wainwright increased their FY2026 earnings estimates for Sphere 3D in a report issued on Tuesday, March 10th. HC Wainwright analyst K. Dede now expects that the technology company will earn ($2.76) per share for the year, up from their prior estimate of ($3.20). The consensus estimate for Sphere 3D’s current full-year earnings is ($0.58) per share.

Sphere 3D (NASDAQ:ANY) last posted its quarterly earnings results on Friday, March 6th. The technology company reported ($3.27) earnings per share for the quarter. The business had revenue of $2.72 million during the quarter. Sphere 3D had a negative net margin of 167.47% and a negative return on equity of 61.18%.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Sphere 3D in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $30.00.

Sphere 3D Price Performance

Shares of ANY opened at $1.60 on Thursday. Sphere 3D has a 1-year low of $1.08 and a 1-year high of $12.60. The stock has a market cap of $5.39 million, a PE ratio of -0.21 and a beta of 3.79. The firm has a fifty day moving average price of $2.19 and a 200 day moving average price of $4.75.

Hedge Funds Weigh In On Sphere 3D

A number of large investors have recently made changes to their positions in ANY. Jane Street Group LLC purchased a new position in Sphere 3D in the fourth quarter valued at about $37,000. BNP Paribas Financial Markets boosted its stake in shares of Sphere 3D by 294.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 50,127 shares of the technology company’s stock worth $37,000 after acquiring an additional 37,427 shares in the last quarter. XTX Topco Ltd boosted its stake in shares of Sphere 3D by 678.6% during the 4th quarter. XTX Topco Ltd now owns 131,326 shares of the technology company’s stock worth $39,000 after acquiring an additional 114,460 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in shares of Sphere 3D in the 4th quarter worth approximately $113,000. Finally, Armistice Capital LLC acquired a new stake in shares of Sphere 3D in the 4th quarter worth approximately $465,000. Hedge funds and other institutional investors own 17.28% of the company’s stock.

About Sphere 3D

Sphere 3D Corporation is a technology company specializing in virtualization, containerization and data management solutions. The company develops software and appliance-based offerings designed to simplify the deployment, mobility and orchestration of applications and data across on-premises, private cloud and public cloud environments. Its platforms enable organizations to consolidate IT infrastructure, improve resource utilization and accelerate application delivery without extensive re-engineering of legacy systems.

Among its key products is the Glassware platform, which allows enterprises to containerize Windows and Linux applications for delivery to virtually any endpoint without needing native software installs.