U.S. Stock Market Performance: U.S. stocks showed mixed results, with the Dow Jones falling 0.44%, while the NASDAQ and S&P 500 rose by 0.59% and 0.27%, respectively. Utilities shares increased slightly, but communication services stocks dropped by 1%.
Notable Company Performances: Spire Inc's shares fell over 2% after reporting larger-than-expected quarterly losses, while Cidara Therapeutics saw a 105% surge in shares following Merck's acquisition announcement.
Commodities Update: Oil prices rose by 1.9% to $59.81, while gold and silver prices fell by 2.2% and 5%, respectively. Copper also saw a decline of 1.1%.
Global Market Trends: European shares declined, with the STOXX 600 down 1.54%, and Asian markets mostly closed lower, highlighted by Japan's Nikkei 225 dropping 1.77%.
Wall Street analysts forecast SR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SR is 95.00 USD with a low forecast of 89.00 USD and a high forecast of 99.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast SR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SR is 95.00 USD with a low forecast of 89.00 USD and a high forecast of 99.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 82.960
Low
89.00
Averages
95.00
High
99.00
Current: 82.960
Low
89.00
Averages
95.00
High
99.00
Mizuho
Outperform
maintain
$93 -> $96
Al Analysis
2025-11-19
Reason
Mizuho
Price Target
$93 -> $96
Al Analysis
2025-11-19
maintain
Outperform
Reason
Mizuho raised the firm's price target on Spire to $96 from $93 and keeps an Outperform rating on the shares. The firm is surprised by last Friday's post-earnings selloff in the shares. Spire issued "solid guidance for fiscal 2026 and 2027 while outlining the earnings path associated with the Missouri rate case and Tennessee acquisition, the analyst tells investors in a research note.
Morgan Stanley
David Arcaro
Equal Weight
maintain
$91 -> $99
2025-11-18
Reason
Morgan Stanley
David Arcaro
Price Target
$91 -> $99
2025-11-18
maintain
Equal Weight
Reason
Morgan Stanley analyst David Arcaro raised the firm's price target on Spire to $99 from $91 and keeps an Equal Weight rating on the shares after the company updated its financial plan with Q4 results. The re-basing of long-term EPS growth implies an 11% increase in earnings power versus the previous plan, the analyst tells investors.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for SR
Unlock Now
BofA
Underperform
to
Neutral
upgrade
$76 -> $89
2025-10-29
Reason
BofA
Price Target
$76 -> $89
2025-10-29
upgrade
Underperform
to
Neutral
Reason
BofA upgraded Spire to Neutral from Underperform with a price target of $89, up from $76.
BofA
Ross Fowler
Underperform
to
Neutral
upgrade
$76 -> $89
2025-10-29
Reason
BofA
Ross Fowler
Price Target
$76 -> $89
2025-10-29
upgrade
Underperform
to
Neutral
Reason
As previously reported, BofA analyst Ross Fowler upgraded Spire to Neutral from Underperform with a price target of $89, up from $76. The firm, which believes Spire is entering a rebasing phase for earnings driven by a more constructive regulatory environment in Missouri and the anticipated closing of the Tennessee gas LDC acquisition, views shares as modestly inexpensive relative to peers and expects the stock to perform in line with peers as execution risk moderates.
About SR
Spire Inc. is a holding company for Spire Missouri Inc. (Spire Missouri), Spire Alabama Inc. (Spire Alabama), other gas utilities, and gas-related businesses. Spire Missouri is a public utility engaged in the purchase, retail distribution and sale of natural gas. Spire Alabama is a public utility engaged in the purchase, retail distribution and sale of natural gas principally in central and northern Alabama, serving residential, commercial and industrial customers. The Company's segments include Gas Utility, Gas Marketing and Midstream. The Gas Utility segment includes the regulated operations of Spire Missouri, Spire Alabama, Spire Gulf Inc. and Spire Mississippi Inc. The Gas Marketing segment includes Spire Marketing Inc., a wholly owned subsidiary providing natural gas marketing services. The Midstream segment includes Spire STL Pipeline LLC, Spire MoGas Pipeline LLC, and Spire Storage, which are subsidiaries engaged in the transportation and storage of natural gas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
