Sphere 3DANY -6.64%58 Market Cap is $18.72 Mil as of Jun. 26, 2026. GuruFocus rates ANY with a GF Score™ of 58/100 and a GF Value™ of $3.00 (Fairly Valued). The stock has 4 warning signs investors should review. Among 828 Capital Markets companies, Sphere 3D ranks worse than 62.8% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Sphere 3D's share price for the quarter that ended in Mar. 2026 was $1.45. Sphere 3D's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 3.77 Mil. Therefore, Sphere 3D's market cap for the quarter that ended in Mar. 2026 was $5.46 Mil.
Sphere 3D's quarterly market cap
declined
from Sep. 2025 ($21.58 Mil) to Dec. 2025 ($10.10 Mil) and
declined
from Dec. 2025 ($10.10 Mil) to Mar. 2026 ($5.46 Mil).
Sphere 3D's annual market cap
declined
from Dec. 2023 ($51.03 Mil) to Dec. 2024 ($24.03 Mil) and
declined
from Dec. 2024 ($24.03 Mil) to Dec. 2025 ($10.10 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Sphere 3D's Enterprise Value for Today is $15.57 Mil.
Sphere 3D (NAS:ANY) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Sphere 3D Market Cap Related Terms
Sphere 3D Market Cap Historical Data
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The historical data trend for Sphere 3D's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Capital Markets subindustry, Sphere 3D's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sphere 3D Market Cap vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Sphere 3D's Market Cap distribution charts can be found below:
* The bar in red indicates where Sphere 3D's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Sphere 3D's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sphere 3D (ANY) has a Market Cap of $18.72 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Sphere 3D and its competitors. According to the industry distribution chart, Sphere 3D ranks #520 out of 828 companies in the Capital Markets industry, placing it in the top 62.8%.
Is Sphere 3D's Market Cap too high?
Sphere 3D's current Market Cap is $18.72 Mil. The Capital Markets industry median Market Cap is 55.26. Sphere 3D's value of $18.72 Mil is 66.1% below this industry median. Based on the distribution chart, Sphere 3D ranks #520 out of 828 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Sphere 3D has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sphere 3D's Market Cap compare to NCPL and MEGL?
According to the Capital Markets industry distribution chart, Sphere 3D ranks #520 out of 828 companies for Market Cap. This places Sphere 3D in the lower half of its industry. The industry median Market Cap is 55.26. Sphere 3D's value of $18.72 Mil is 66.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Capital Markets company?
The median Market Cap among Capital Markets companies is 55.26, based on 828 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sphere 3D's current Market Cap of $18.72 Mil is 66.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Sphere 3D and its competitors. For the Capital Markets industry, the median Market Cap is 55.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sphere 3D's current Market Cap is $18.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sphere 3D stock overvalued right now?
Based on GuruFocus' analysis, Sphere 3D (ANY) is currently considered Fairly Valued. The stock's GF Value™ is $3.00, compared to a current price of $2.74 — trading 8.7% below its estimated fair value. The current Market Cap is $18.72 Mil and 66.1% below the Capital Markets industry median of 55.26. Sphere 3D's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Sphere 3D (ANY), the current Market Cap is $18.72 Mil as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sphere 3D (ANY) Overvalued in 2026?
Based on GuruFocus' analysis, Sphere 3D stock appears to be undervalued.
The current stock price of $2.74 is trading 8.7% below its estimated GF Value™ of $3.00.
GuruFocus considers Sphere 3D to be Fairly Valued.
Key valuation signals for ANY:
Market Cap: $18.72 Mil
GF Value™: $3.00 vs. price of $2.74 (8.7% below fair value)
Industry Position: 66.1% below the Capital Markets median (#520 of 828)
No single metric tells the full story. See the ANY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sphere 3D Corp is engaged in the Bitcoin mining business. The company has established an enterprise-scale mining operation through the procurement of mining equipment and partnering with experienced service providers. It generates revenue from mining and selling Bitcoin.
58GF Score
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