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Sphere 3D Corp. (ANY)

Financial Services | Capital Markets | Stamford, United States | NasdaqCM
2.56 USD +0.15 (6.224%) ⇧ (Aug. 27, 2026, 4 p.m. EDT)
After hours: 2.61 +0.05 (1.941%) ⇧ (Aug. 27, 2026, 7:28 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:51 a.m. EDT

The investment case for Sphere 3D Corp. is effectively broken. The company is hemorrhaging cash, with operating and free cash flows deeply negative, while revenue has contracted by nearly one-third year-over-year. Fundamentally, the business is deteriorating rapidly, evidenced by four consecutive years of declining annual returns and a cumulative price collapse of 99.94% over the last nine years. This is not a temporary downturn; the market has priced out the business entirely, leaving it trading at less than 40% of its book value despite generating no earnings. With no dividend to provide income and a statistical forecasting model offering zero confidence due to extreme volatility, there is no rational basis for a near-term trade. The stock represents a permanent capital loss risk rather than a speculative opportunity.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.273299
AutoETS0.384784
AutoARIMA0.475693
AutoTheta0.575654

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 26%
H-stat 2.48
Ljung-Box p 0.000
Jarque-Bera p 0.439
Excess Kurtosis 0.00
Attribute Value
Sector Financial Services
Debt to Equity Ratio 8.489
Revenue per Share 2.622
Market Cap 22,284,328
Forward P/E -0.80
Beta 3.35
Website https://sphere3d.com

As of Aug. 22, 2026, 4:51 a.m. EDT: Options activity is virtually nonexistent, with negligible open interest and volume across all expirations. The lack of speculative positioning suggests a complete absence of institutional or retail interest in betting on either a rebound or further decline.


Info Dump

Attribute Value
52 Week Change -0.58508915
Address1 243 Tresser Boulevard
Address2 17th Floor
All Time High 160,440.0
All Time Low 1.084
Ask 2.9
Ask Size 2
Average Daily Volume10 Day 617,290
Average Daily Volume3 Month 3,365,942
Average Volume 3,365,942
Average Volume10Days 617,290
Beta 3.347
Bid 1.79
Bid Size 2
Book Value 1.858
City Stamford
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.56
Current Ratio 1.034
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 2.6
Day Low 2.37
Debt To Equity 8.489
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 -6,921,000
Ebitda Margins -0.71248
Enterprise To Ebitda -3.405
Enterprise To Revenue 2.426
Enterprise Value 23,567,328
Eps Forward -3.2
Eps Trailing Twelve Months -8.92
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.3089
Fifty Day Average Change 0.25109982
Fifty Day Average Change Percent 0.108753
Fifty Two Week Change Percent -58.508915
Fifty Two Week High 12.6
Fifty Two Week High Change -10.040001
Fifty Two Week High Change Percent -0.79682547
Fifty Two Week Low 1.084
Fifty Two Week Low Change 1.476
Fifty Two Week Low Change Percent 1.3616235
Fifty Two Week Range 1.084 - 12.6
Financial Currency USD
First Trade Date Milliseconds 1,376,314,200,000
Float Shares 5,759,367
Forward Eps -3.2
Forward P E -0.79999995
Free Cashflow -2,629,750
Full Exchange Name NasdaqCM
Full Time Employees 2
Fullday Change 0.15
Fullday Change Percent 6.22406
Fullday Price 2.6097
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.1817
Gross Profits 1,765,000
Has Pre Post Market Data 1
Held Percent Insiders 0.28906
Held Percent Institutions 0.03987
Implied Shares Outstanding 8,704,816
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 22,284,328
Market State PREPRE
Max Age 86,400
Message Board Id finmb_215497349
Most Recent Quarter 1,782,777,600
Net Income To Common -32,299,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 20,978,606
Open 2.37
Operating Cashflow -15,213,000
Operating Margins -2.52651
Payout Ratio 0.0
Phone 647 952 5049
Post Market Change 0.04970002
Post Market Change Percent 1.9414071
Post Market Price 2.6097
Post Market Time 1,787,873,300
Previous Close 2.41
Price Hint 4
Price To Book 1.3778256
Price To Sales Trailing12 Months 2.2940423
Profit Margins 0.0
Quick Ratio 0.54
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.15
Regular Market Change Percent 6.22406
Regular Market Day High 2.6
Regular Market Day Low 2.37
Regular Market Day Range 2.37 - 2.6
Regular Market Open 2.37
Regular Market Previous Close 2.41
Regular Market Price 2.56
Regular Market Time 1,787,860,801
Regular Market Volume 192,487
Return On Assets -0.27389
Return On Equity -1.30188
Revenue Growth -0.188
Revenue Per Share 2.622
Sand P52 Week Change 0.1890428
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 8,704,816
Shares Percent Shares Out 0.0308
Shares Short 267,966
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 12,885
Short Name Sphere 3D Corp.
Short Percent Of Float 0.0325
Short Ratio 0.32
Source Interval 15
State CT
Symbol ANY
Total Cash 2,846,000
Total Cash Per Share 0.327
Total Debt 1,434,000
Total Revenue 9,714,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -8.92
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.562575
Two Hundred Day Average Change -0.002575159
Two Hundred Day Average Change Percent -0.0010049107
Type Disp Equity
Volume 192,487
Website https://sphere3d.com
Zip 6,901