Roth Capital upgraded shares of Ispire Technology (NASDAQ:ISPR – Free Report) to a strong-buy rating in a research note released on Monday morning, Zacks.com reports. Roth Capital also issued estimates for Ispire Technology’s Q4 2024 earnings at ($0.10) EPS, FY2024 earnings at ($0.30) EPS, Q1 2025 earnings at ($0.09) EPS, Q2 2025 earnings at ($0.05) EPS, Q3 2025 earnings at ($0.04) EPS, Q4 2025 earnings at ($0.03) EPS and FY2025 earnings at ($0.21) EPS.
Separately, Roth Mkm assumed coverage on Ispire Technology in a report on Monday. They set a buy rating and a $11.00 price objective on the stock.
Check Out Our Latest Analysis on Ispire Technology
Ispire Technology Trading Up 1.5 %
Ispire Technology (NASDAQ:ISPR – Get Free Report) last issued its earnings results on Tuesday, May 14th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $30.02 million during the quarter. Ispire Technology had a negative return on equity of 34.23% and a negative net margin of 8.79%.
Institutional Investors Weigh In On Ispire Technology
Several hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp acquired a new position in Ispire Technology during the third quarter valued at approximately $103,000. Panagora Asset Management Inc. bought a new stake in shares of Ispire Technology during the third quarter worth $94,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Ispire Technology during the fourth quarter worth $464,000. Tidal Investments LLC bought a new stake in shares of Ispire Technology during the first quarter worth $196,000. Finally, AdvisorShares Investments LLC bought a new stake in shares of Ispire Technology during the fourth quarter worth $969,000. 5.00% of the stock is currently owned by institutional investors and hedge funds.
Ispire Technology Company Profile
Ispire Technology Inc researches, develops, designs, commercializes, sales, markets, and distributes e-cigarettes and cannabis vaping products worldwide. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc operates as a subsidiary of Pride Worldwide Investment Limited.
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