On May 21, 2025, HC Wainwright & Co. reaffirmed their bullish outlook on Sphere 3D (ANY, Financial), maintaining their Buy rating for the company. The analyst behind this decision, Kevin Dede, has reiterated a price target of $3.00 USD.
The decision to maintain the Buy rating indicates continued confidence in Sphere 3D's (ANY, Financial) market position and growth prospects, as reflected in the unchanged price target. The current price target remains at $3.00 USD, consistent with the previous valuation, suggesting stability in the company's forecasted performance.
Spearheaded by HC Wainwright & Co., this analysis provides insights into Sphere 3D's (ANY, Financial) potential within the market, emphasizing the analyst's trust in the company's strategic direction and operational capabilities. Investors should note that this consistent rating and price target reinforces the firm's positive outlook on Sphere 3D's (ANY) business strategy.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Sphere 3D Corp (ANY, Financial) is $3.00 with a high estimate of $3.00 and a low estimate of $3.00. The average target implies an upside of 229.02% from the current price of $0.91. More detailed estimate data can be found on the Sphere 3D Corp (ANY) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Sphere 3D Corp's (ANY, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
