Sphere 3D Corp. (ANY)Financial Services | Capital Markets | Stamford, United States | NasdaqCM
2.83 USD
-0.34
(-10.726%) ⇩
(June 12, 2026, 4 p.m.
EDT)
After hours: 2.93 +0.10 (3.534%) ⇧ (June 12, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | June 7, 2026, 1:37 a.m. EDT
The investment case here is fundamentally broken. The company is hemorrhaging cash with negative operating cash flow and free cash flow, while revenue has contracted by nearly a third year-over-year. Despite the recent price surge driven by a business combination announcement, the underlying economics remain dire, with losses eating into equity and assets. The price action shows a violent, likely artificial spike followed by immediate rejection, leaving the stock trading far below its book value but offering no safety margin given the deteriorating operational reality. With five consecutive years of declining annual returns and no dividend history to speak of, this is a clear avoid. The options market agrees, pricing in a continued drop rather than a recovery. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.243329 |
| MSTL | 0.243978 |
| AutoTheta | 0.293142 |
| AutoARIMA | 0.298002 |
| MSTL_115 | 0.354860 |
Forecast horizon: 60 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 17% |
| H-stat | 38.65 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 1.34 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Revenue per Share | 3.311 |
| Market Cap | 18,817,014 |
| Forward P/E | -0.88 |
| Profit Margins | -163.45% |
| Website | https://sphere3d.com |
As of June 7, 2026, 1:37 a.m. EDT: Speculators are positioning for a sharp decline, evidenced by significant open interest in out-of-the-money puts at the $2.00 strike compared to negligible call activity. Implied volatility is heavily skewed toward downside protection, suggesting a consensus expectation of further weakness rather than a rally.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.5776119 |
| Address1 | 243 Tresser Boulevard |
| Address2 | 17th Floor |
| All Time High | 160,440.0 |
| All Time Low | 1.084 |
| Ask | 3.57 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 17,580,110 |
| Average Daily Volume3 Month | 2,927,769 |
| Average Volume | 2,927,769 |
| Average Volume10Days | 17,580,110 |
| Bid | 2.23 |
| Bid Size | 2 |
| Book Value | 5.308 |
| City | Stamford |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.83 |
| Current Ratio | 3.896 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,780,012,800 |
| Day High | 3.1599 |
| Day Low | 2.75 |
| Display Name | Sphere 3D |
| Dividend Date | 1,541,462,400 |
| Earnings Timestamp End | 1,755,259,200 |
| Earnings Timestamp Start | 1,754,909,940 |
| Ebitda | -5,954,000 |
| Ebitda Margins | -0.57918 |
| Enterprise To Ebitda | -1.492 |
| Enterprise To Revenue | 0.864 |
| Enterprise Value | 8,883,016 |
| Eps Forward | -3.2 |
| Eps Trailing Twelve Months | -5.32 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 2.0819 |
| Fifty Day Average Change | 0.74810004 |
| Fifty Day Average Change Percent | 0.35933527 |
| Fifty Two Week Change Percent | -57.761192 |
| Fifty Two Week High | 12.6 |
| Fifty Two Week High Change | -9.77 |
| Fifty Two Week High Change Percent | -0.7753968 |
| Fifty Two Week Low | 1.084 |
| Fifty Two Week Low Change | 1.7459999 |
| Fifty Two Week Low Change Percent | 1.6107011 |
| Fifty Two Week Range | 1.084 - 12.6 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,376,314,200,000 |
| Float Shares | 4,129,748 |
| Forward Eps | -3.2 |
| Forward P E | -0.884375 |
| Free Cashflow | -9,310,875 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 2 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.22539 |
| Gross Profits | 2,317,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.19271 |
| Held Percent Institutions | 0.031089999 |
| Implied Shares Outstanding | 6,649,122 |
| Industry | Capital Markets |
| Industry Disp | Capital Markets |
| Industry Key | capital-markets |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,770,681,600 |
| Last Split Factor | 1:10 |
| Long Business Summary | Sphere 3D Corp. engages in the bitcoin mining business. The company is involved with bitcoin mining pool operators as its customers to provide a service to perform hash calculations for the mining pool operators. The company is based in Stamford, Connecticut. |
| Long Name | Sphere 3D Corp. |
| Market | us_market |
| Market Cap | 18,817,014 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_215497349 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -16,803,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 18,850,260 |
| Open | 3.05 |
| Operating Cashflow | -15,758,000 |
| Operating Margins | -2.02975 |
| Payout Ratio | 0.0 |
| Phone | 647-952-5049 |
| Post Market Change | 0.10000014 |
| Post Market Change Percent | 3.533574 |
| Post Market Price | 2.93 |
| Post Market Time | 1,781,308,664 |
| Previous Close | 3.17 |
| Price Hint | 4 |
| Price To Book | 0.53315747 |
| Price To Sales Trailing12 Months | 1.8304489 |
| Profit Margins | -1.6345301 |
| Quick Ratio | 1.822 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.34 |
| Regular Market Change Percent | -10.7256 |
| Regular Market Day High | 3.1599 |
| Regular Market Day Low | 2.75 |
| Regular Market Day Range | 2.75 - 3.1599 |
| Regular Market Open | 3.05 |
| Regular Market Previous Close | 3.17 |
| Regular Market Price | 2.83 |
| Regular Market Time | 1,781,294,401 |
| Regular Market Volume | 328,540 |
| Return On Assets | -0.27607 |
| Return On Equity | -0.66236 |
| Revenue Growth | -0.32 |
| Revenue Per Share | 3.311 |
| Sand P52 Week Change | 0.23177934 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 6,649,122 |
| Shares Percent Shares Out | 0.0105 |
| Shares Short | 44,552 |
| Shares Short Previous Month Date | 1,777,507,200 |
| Shares Short Prior Month | 85,431 |
| Short Name | Sphere 3D Corp. |
| Short Percent Of Float | 0.0108 |
| Short Ratio | 0.21 |
| Source Interval | 15 |
| State | CT |
| Symbol | ANY |
| Total Cash | 3,145,000 |
| Total Cash Per Share | 0.741 |
| Total Debt | 0 |
| Total Revenue | 10,280,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -5.32 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.87105 |
| Two Hundred Day Average Change | -1.04105 |
| Two Hundred Day Average Change Percent | -0.2689322 |
| Type Disp | Equity |
| Volume | 328,540 |
| Website | https://sphere3d.com |
| Zip | 6,901 |