Roth Capital Research Analysts Decrease Earnings Estimates for Ispire Technology Inc. (NASDAQ:ISPR)

Ispire Technology Inc. (NASDAQ:ISPR) – Equities research analysts at Roth Capital lowered their Q1 2025 earnings per share (EPS) estimates for shares of Ispire Technology in a research note issued to investors on Tuesday, October 1st. Roth Capital analyst S. Fortune now anticipates that the company will post earnings of ($0.10) per share for the quarter, down from their prior estimate of ($0.08). The consensus estimate for Ispire Technology’s current full-year earnings is ($0.30) per share. Roth Capital also issued estimates for Ispire Technology’s Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.04) EPS, Q4 2025 earnings at $0.02 EPS and FY2025 earnings at ($0.21) EPS.

Ispire Technology (NASDAQ:ISPR) last released its quarterly earnings results on Thursday, September 26th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.04. The business had revenue of $37.34 million during the quarter, compared to the consensus estimate of $34.00 million. Ispire Technology had a negative return on equity of 34.23% and a negative net margin of 8.79%.

Separately, Roth Mkm reissued a “buy” rating and set a $12.50 target price on shares of Ispire Technology in a research report on Wednesday.

Ispire Technology Stock Down 0.8 %

Ispire Technology stock opened at $6.25 on Friday. Ispire Technology has a 52 week low of $5.01 and a 52 week high of $19.78. The company’s 50 day moving average price is $7.06 and its two-hundred day moving average price is $6.86. The stock has a market cap of $352.51 million, a P/E ratio of -26.04 and a beta of 2.84.

Institutional Investors Weigh In On Ispire Technology

Hedge funds have recently modified their holdings of the stock. Tidal Investments LLC bought a new stake in shares of Ispire Technology in the 1st quarter worth approximately $196,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in Ispire Technology by 62.8% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 62,273 shares of the company’s stock valued at $382,000 after acquiring an additional 24,017 shares during the period. Bank of New York Mellon Corp raised its holdings in Ispire Technology by 9.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 46,119 shares of the company’s stock valued at $369,000 after acquiring an additional 3,931 shares during the period. AdvisorShares Investments LLC raised its holdings in Ispire Technology by 10.0% during the 2nd quarter. AdvisorShares Investments LLC now owns 175,858 shares of the company’s stock valued at $1,361,000 after acquiring an additional 16,000 shares during the period. Finally, Yong Rong HK Asset Management Ltd raised its holdings in Ispire Technology by 94.2% during the 2nd quarter. Yong Rong HK Asset Management Ltd now owns 1,669,515 shares of the company’s stock valued at $13,357,000 after acquiring an additional 809,819 shares during the period. Institutional investors own 5.00% of the company’s stock.

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.