ANY (Sphere 3D) Moat Score: 2/10 (As of Jun. 27, 2026)


ANY Sphere 3D Corp ANY
59 GF Score
Price $2.73
GF Value $3.00
Valuation Fairly Valued
! 4 Warning Signs
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What is Sphere 3D Moat Score?

Sphere 3D ANY -0.36% 59 Moat Score is 2 as of Jun. 27, 2026. GuruFocus rates ANY with a GF Score™ of 59/100 and a GF Value™ of $3.00 (Fairly Valued). The stock has 4 warning signs investors should review. Among 838 Capital Markets companies, Sphere 3D ranks better than 85.44% on this metric.

Sphere 3D has the Moat Score of 2, which implies that the company might have No Moat - Very weak/transient advantages.

Sphere 3D has No Moat: Sphere 3D Corp lacks market leadership and does not possess significant intellectual property or cost advantages. The company does not demonstrate strong brand strength or customer loyalty, and there are no significant regulatory barriers.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Sphere 3D might have No Moat - Very weak/transient advantages.

Sphere 3D  (NAS:ANY) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Sphere 3D Moat Score Related Terms

ANY vs NCPL, MEGL, ITEX: Moat Score Comparison

For the Capital Markets subindustry, Sphere 3D's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sphere 3D's Moat Score distribution charts can be found below:

* The bar in red indicates where Sphere 3D's Moat Score falls into.


ANY
59GF Score
Sphere 3D Corp ANY
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 2 mean?
Sphere 3D (ANY) has a Moat Score of 2 as of Jun. 27, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Sphere 3D ranks #122 out of 838 companies in the Capital Markets industry, placing it in the top 14.6%.
Is Sphere 3D's Moat Score too high?
Sphere 3D's current Moat Score is 2. Based on the distribution chart, Sphere 3D ranks #122 out of 838 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Sphere 3D has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sphere 3D's Moat Score compare to NCPL and MEGL?
According to the Capital Markets industry distribution chart, Sphere 3D ranks #122 out of 838 companies for Moat Score. This places Sphere 3D in the top 15% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Capital Markets company?
A good Moat Score depends on the Capital Markets industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Sphere 3D's current Moat Score is 2. 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 $2.73 — trading 9% below its estimated fair value. The current Moat Score is 2. Sphere 3D's overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Sphere 3D (ANY), the current Moat Score is 2 as of Jun. 27, 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 $2.73 is trading 9% below its estimated GF Value™ of $3.00. GuruFocus considers Sphere 3D to be Fairly Valued.

Key valuation signals for ANY:

  • Moat Score: 2
  • GF Value™: $3.00 vs. price of $2.73 (9% below fair value)
  • GF Score™: 59/100 with 4 warning signs

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 Business Description

Other Exchanges 8S30:Germany
Address 243 Tresser Boulevard, 17th Floor, Stamford, CT, USA, 06901
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.
59GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.73
Price
$3.00
GF Value