Sphere 3D Corp (NASDAQ:ANY) price on Friday, May 02, rose 6.24% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.60.
A look at the stock’s price movement, the close in the last trading session was $0.57, moving within a range at $0.5764 and $0.6045. The beta value (5-Year monthly) was 3.577. Turning to its 52-week performance, $1.90 and $0.36 were the 52-week high and 52-week low respectively. Overall, ANY moved 9.82% over the past month.
Sphere 3D Corp’s market cap currently stands at around $15.81 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-28.
Analysts have a consensus estimate of 3.09M for the company’s revenue for the quarter, with a low and high estimate of 3.09M and 3.09M respectively. The average forecast suggests down to a -67.50% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 20.92M, representing a -11.83% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ANY is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
ANY’s current price about 22.05% and 16.63% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 62.05, while 7-day volatility ratio is 5.88% and 10.36% in the 30-day chart. Further, Sphere 3D Corp (ANY) has a beta value of 3.30, and an average true range (ATR) of 0.05. Analysts have given the company’s stock an average 52-week price target of $3, forecast between a low of $3 and high of $3. Looking at the price targets, the low is -400.0% off current price level while to achieve the yearly target high, price needs to move -400.0%. Nonetheless, investors will most likely welcome a -400.0% jump to $3 which is the analysts’ median price.
If we refocus on Sphere 3D Corp (NASDAQ:ANY), historical trading data shows that trading volumes averaged 0.46 over the past 10 days and 320.19K over the past 3 months. The company’s latest data on shares outstanding shows there are 25.45 million shares.
The 5.32% of Sphere 3D Corp’s shares are in the hands of company insiders while institutional holders own 12.10% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.15 million on 2025-04-15, giving us a short ratio of 0.53. The data shows that as of 2025-04-15 short interest in Sphere 3D Corp (ANY) stood at 57.99999999999999 of shares outstanding, with shares short falling to 0.36 million registered in 2025-03-14. Current price change has pushed the stock -36.03% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ANY stock continues to rise going into the next quarter.
