Is Spire (SR) Appropriately Valued Following Its Recent 9% Monthly Increase in Share Price?
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Updated: Nov 09 2025
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Source: Yahoo Finance
Spire's Stock Performance: Spire (SR) has gained investor attention with a nearly 9% return over the past month and a 45% total shareholder return over the last year, indicating strong momentum in the utility sector.
Valuation Insights: While the market suggests Spire's shares are fairly valued at around $89.61, a discounted cash flow (DCF) model indicates they may be undervalued by 8.8%, with an intrinsic value of $98.28.
Investment Strategy: Spire's growth is supported by significant investments in infrastructure and a strategy that combines future earnings potential with profit margin forecasts, although risks such as regulatory costs and electrification could impact its outlook.
Research and Opportunities: Investors are encouraged to explore various investment opportunities, including dividend stocks, AI penny stocks, and cryptocurrency-related companies, while also considering the potential risks associated with Spire's valuation.
SR.N$0.0000%Past 6 months

No Data
Analyst Views on SR
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.
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.
Current: 82.370

Current: 82.370

Outperform
maintain
$93 -> $96
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
Reason
Morgan Stanley
David Arcaro
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.
BofA upgraded Spire to Neutral from Underperform with a price target of $89, up from $76.
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.