ANY stock icon

Sphere 3D
ANY

$1.02
1%
 

About: Sphere 3D Corp provides solutions for stand-alone storage and technologies that converge the traditional silos of compute, storage, and network into integrated hyper-converged or converged solution. Its Disk systems include HVE Converged and Hyper-converged Infrastructure. It generates the majority of its revenue from the services it offers. All of its revenue comes from the Americas. The Company has two operating segments: Digital Mining and Service and Product. The Digital Mining segment generates revenue from the digital currency, it earns through its bitcoin mining activities. The Service and Product segment generates revenue from long-term customer contracts for service contracts and extended service contract and the sale of products related to the Company's data storage product line.

Employees: 5

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

763% more call options, than puts

Call options by funds: $1.16M | Put options by funds: $134K

200% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 2

1.45% less ownership

Funds ownership: 5.43% [Q4 2023] → 3.98% (-1.45%) [Q1 2024]

12% less funds holding

Funds holding: 25 [Q4 2023] → 22 (-3) [Q1 2024]

27% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 11

58% less capital invested

Capital invested by funds: $2.59M [Q4 2023] → $1.09M (-$1.5M) [Q1 2024]

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target
$4
292%
upside
Avg. target
$4
292%
upside
High target
$4
292%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
HC Wainwright & Co.
Kevin Dede
292%upside
$4
Buy
Reiterated
16 May 2024

Financial journalist opinion