Ispire Technology Inc. (ISPR) AI Stock Analysis
ISPR AI stock analysis summary
AI ResearchIspire Technology Inc. (ISPR) is an e-cigarette and cannabis vaping product developer and distributor. Revenue fell 24.7% in FY2026 to $96.0M, contributing to a reported net income of -$33.20B. The stock closed at $1.35 on October 16, 2026, down 44.7% over the past year.
- Market cap
- $78.0M
- Revenue (TTM)
- $96.0M
- P/E
- —
- 1Y return
- -44.7% S&P 500 16.8%
- Avg. target
- $4.90 263.0% vs last close
Bull case
- Quarterly revenue growth rebounded by 32.5% year-over-year in the quarter ended June 30, 2026.
- The consensus mean price target of $4.90 implies 263.0% upside compared to the last close of $1.35.
- Analysts project revenue to grow to $111.5M in the current fiscal year and $121.5M in the next fiscal year, with FY2028 EPS turning positive at $0.02.
Bear case
- Annual revenue fell 24.7% in FY2026 to $96.0M, continuing a downward trajectory from $151.9M in FY2024.
- Free cash flow worsened to -$875.4M in FY2026 alongside an operating cash burn of -$569.4M.
- The balance sheet ended June 30, 2026 with negative shareholders' equity of -$29.25B.
What Ispire Technology does
Ispire Technology Inc. is a global leader in researching, developing, designing, commercializing, and distributing e-cigarettes and cannabis vaping products. Serving a diverse international market, the company provides vaping solutions tailored to consumer preferences and regulatory standards. Founded in 2019 and based in Los Angeles, California, it operates as a subsidiary of Pride Worldwide Investment Limited. Ispire leverages this affiliation to access resources and expand its global market presence. Through research and development alongside strategic distribution initiatives, the company focuses on product safety, quality, and advancing technology across the e-cigarette and cannabis vaping sectors.
Growth and profitability
Annual revenue rose from $88.1M in FY2022 to $151.9M in FY2024 before decreasing to $127.5M in FY2025 and $96.0M in FY2026, representing a 24.7% drop in the most recent fiscal year. Gross margin contracted from 19.6% in FY2024 to 12.8% in FY2026. Ispire recorded operating margins of -1.1% in FY2022, -3.9% in FY2023, -9.1% in FY2024, -29.7% in FY2025, and -33.9% in FY2026. FY2026 net income was -$33.20B, compared to -$39.2M in FY2025. In the latest quarter ended June 30, 2026, quarterly revenue growth was 32.5% year-over-year.
Balance sheet and cash flow
As of June 30, 2026, the company reported $19.33B in cash and short-term investments, $4.1M in total debt, and net cash of $19.32B. Total assets stood at $64.3M, and shareholders' equity was -$29.25B, indicating negative equity, alongside a current ratio of 1.02. Operating cash flow in FY2026 was -$569.4M, with free cash flow of -$875.4M. Capital expenditures reached $306.0M in FY2026, while share buybacks totaled $45,000, and the share count grew 14.6% over five years.
Valuation and performance
At a share price of $1.35, Ispire Technology has a market capitalization of $78.0M and an enterprise value of $61.0M. The stock trades at a price-to-sales multiple of 0.8x and an EV-to-revenue multiple of 0.6x, compared to a median price-to-sales multiple of 0.7x for its US-listed Consumer Defensive peer group. The price-to-book ratio is 231.1x. Over the past year, ISPR shares declined 44.7%, underperforming the SPY S&P 500 return of 16.8%.
What analysts expect
Wall Street analyst coverage includes 2 Strong Buy ratings and no Buy, Hold, Sell, or Strong Sell ratings. The mean price target is $4.90, which is 263.0% above the October 16, 2026 close of $1.35. For the current fiscal year ending June 30, 2027, the consensus revenue estimate is $111.5M with an EPS estimate of -$0.09. For the following fiscal year, 1 analyst estimates revenue of $121.5M and EPS of $0.02. Ispire achieved 0 EPS beats over the last four quarters. The next earnings date is November 5, 2026.
Key risks and what to watch
- Operating margin deteriorated to -33.9% in FY2026, down from -9.1% in FY2024.
- The company beat EPS estimates 0 times over the last 4 quarters.
- High stock volatility is indicated by a beta of 2.08 and a 51.8% year-to-date decline through October 16, 2026.
- Insiders hold a controlling 65.8% of shares, leaving institutional ownership at 7.3%.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this ISPR AI stock analysis
This page is an AI-written research summary of Ispire Technology Inc. (ISPR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: ISPR income statement, ISPR balance sheet, ISPR key metrics, ISPR analyst forecast, ISPR chart. See the ISPR stock overview for the latest quote and news.
ISPR AI stock analysis FAQ
What is Ispire Technology's current stock price and performance?
As of October 16, 2026, Ispire Technology closed at $1.35. The stock is down 51.8% year-to-date and has fallen 44.7% over the past year.
Does Ispire Technology pay a dividend?
Ispire Technology does not currently pay a dividend.
What are analysts forecasting for Ispire Technology?
Analysts hold 2 Strong Buy ratings with a mean price target of $4.90. Projected revenue is $111.5M for the fiscal year ending June 30, 2027, and $121.5M for the following fiscal year.
When is Ispire Technology's next earnings report?
The company's next earnings report date is November 5, 2026.