Stock Ratings / Energy / SR / forecast

OGS (49) NJR (71) EE (64) UGP (53) ⌘ Pro Terminal →

Spire Inc. (SR) 12-Month Stock Forecast & Price Target Cone

$88.00 +1.48% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $88.07

Spire Inc. (SR) carries a Roarable Rating of D- (Sell) with 43/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (43/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE D- • SELL / AVOID Cap $5.13B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on SR Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is SR stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

▼

As of 2026-11-02, Spire Inc. (NYSE: SR) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 43/100 at a spot price of $88.00 (+1.48% 1D, market cap $5.13B). Pillar breakdown: Fundamental Cash Engine 5/20, Institutional 13F & Options Flow 13/20, Executive Insider Alignment 8/20, FRED Macro Regime Fit 9/20, and SEC Balance-Sheet Forensics 8/20. Across 211 tracked Energy issuers, SR ranks #165 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does SR compare to OGS and NJR in the Energy sector?

▼

Within the Energy sector (Oil/Gas Transmission), SR carries a Roarable D- (43/100 RQD), trailing P/E of 18.9x, gross margin of 58.8%, and ROIC of 5.3%. By comparison, OGS (ONE Gas Inc.) holds a D grade (49/100 RQD, P/E 18.6x, ROIC 6.2%, cap $4.91B) and NJR (NewJersey Resources Corporation) posts a B- grade (71/100 RQD, P/E 16.1x, ROIC 16.3%, cap $5.39B). Among the 5-stock peer group, NJR leads on earnings multiple (16.1x) while NJR leads on capital efficiency (16.3% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for SR?

▼

Per SR's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-09-30, CIK 0001126956), Spire Inc. generated $2.48B in revenue (-4.5% YoY), $271.7M in net income, and -$344.4M in free cash flow against $11.88B in total assets and $4.45B in total debt. Key quantitative strengths: Established market leader in Energy with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $88.07 (+0.08%)🧬 Disciplined Float (+1.08% YoY Shares)⚙️ Cash Engine: 5/20 (E) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (43/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows (-6.7% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D-

3-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D- · Rk D-

Each axis scored 0–20

12M PRICE TARGET CONE-6.7% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for SR)Realized 20D OHLCV Swing Band: ±3.7%

Deterministic 5-Pillar Attribution (43/100 Composite)

🔍 WHY SR SCORES 43/100 (D-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Whale & Options Positioning+13/20 pts (30% of score)

20D Institutional Volume Accumulation (±3.7% realized swing band)

▲ #2 Bullish Driver: Macro Regime Fit+9/20 pts (21% of score)

FRED Regime × Technicals: 64% of 52W Range • RSI-14 at 67.3 (BULLISH MOMENTUM)

▼ #1 Drag / Risk Factor: Cash Engine Quality5/20 pts (-15 pt drag)

Capital intensity & 21.2% operating margin leave 15 pts on the table

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade E$80.05+3.5% Next Q

Q2 (-2Q)

Grade E$82.89+3.8% Next Q

Q3 (-1Q)

Grade D$86.05+2.3% Next Q

Current

Grade D-$88.00-6.7% Hist 90D α

Trajectory: E (35) → D- (43)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a SR Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While SR currently carries a cautious 43/100 (D-) rating due to Cash Engine Quality (5/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Energy with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($81.23) and Max Pain ($92.40) forces dealer call-delta covering toward $100.08.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Disciplined Float (+1.08% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $SR• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “SR Beats Next Quarter EPS Consensus (Dec 29, 2026) & Holds Above 200D SMA”

YES 43%NO 57%Trade / Inspect Odds →

INTERACTIVE 12-MONTH POSITION SIMULATOR

Drag to Test Your SR Position Size: $10,000

Shares at $88.00: 113.6 sh

$1,000$10,000$25,000$50,000$100,000

12M Bear Case FloorTarget $64.01

$7,274

$-2,726 (-27.3%)

12M Consensus BaseTarget $82.06

$9,325

$-675 (-6.7%)

12M Bull Case BreakoutTarget $100.08

$11,373

+$1,373 (+13.7%)

Wall Street Analyst Breakdown & Historical Accuracy Audit (35 Desks)

Street Historical Accuracy: 64/100

● Strong Buy / Buy: 17● Hold: 9● Sell: 9

Wall Street Firm	Stance	12M Target	1Y Accuracy	Track Grade
Morgan StanleyInstitutional Equity Desk	HOLD	$85	74%	A
Goldman SachsSector Coverage Lead	UNDERPERFORM	$94	69%	B
JP MorganUS Large-Cap Research	SELL	$73	58%	C

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring SR)

✓Walkthrough of SR's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

SR // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -2.61%⚡ TESTING RESISTANCE

2026-11-02O $85.50H $88.00L $85.50C $88.00VOL 662.8K

RES: $88.90SUP: $72.91SMA50: $81.23SMA200: $84.63

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

SR Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 SR Butterfly Map → + Track SR →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

12.3%/yr Implied 5Y Growth

vs. -4.5% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on SR today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for SR. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for SR today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (SR)

Energy Rank #165 of 211 ⚔️ OGS vs SR Full Matrix →

1. Head-to-Head Energy Peer Comparison (SR vs. OGS, NJR, EE, UGP)

Industry: Oil/Gas Transmission (13 Tracked Issuers)

Across 211 tracked Energy securities in the Roarable RQD universe, Spire Inc. (SR) ranks #165 by composite RQD confidence (43/100, grade D-) and #83 by equity capitalization ($5.13B). Within this direct 5-issuer industry benchmark cohort, NJR leads on earnings valuation at 16.1x trailing P/E, while NJR leads on capital efficiency and profitability with 16.3% ROIC and — gross margin. NJR currently holds the highest overall quantitative score in the immediate peer group at 71/100 (B-) compared with SR at 43/100 (D-).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
SR ACTIVE Spire Inc.	D-	43/100	18.9x	58.8%	5.3%	+1.48%	$5.13B	Benchmark Subject
OGS ONE Gas Inc.	D	49/100	18.6x	—	6.2%	+0.56%	$4.91B	/ogs-vs-sr →
NJR NewJersey Resources Corporation	B-	71/100	16.1x	—	16.3%	+0.19%	$5.39B	/njr-vs-sr →
EE Excelerate Energy Inc. (Class A)	C	64/100	23.8x	—	8.1%	+0.86%	$3.98B	/ee-vs-sr →
UGP Ultrapar Participacoes S.A. (Each representing one Common Share)	D+	53/100	—	—	—	-2.68%	$6.64B	/ugp-vs-sr →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-09-30 • CIK 0001126956

In its most recent audited fiscal period (FY2025, filed 2025-09-30), Spire Inc. (SR) reported GAAP revenue of $2.48B (-4.5% vs. FY2024 revenue of $2.59B , and -7.1% cumulative change since FY2023) , GAAP net income of $271.7M, operating cash flow of $578.0M, and free cash flow of -$344.4M (-774.0% YoY). On the balance sheet, SR closed FY2025 with $11.88B in total assets against $4.45B in total debt (Altman Z-Score: 0.96, Piotroski F-Score: 5/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-09-30	$2.48B	$271.7M	$578.0M	-$344.4M	$11.88B	$4.45B
FY2024 (FY)	2024-09-30	$2.59B	$250.9M	$912.4M	$51.1M	$11.28B	$3.70B
FY2023 (FY)	2023-09-30	$2.67B	$217.5M	$440.2M	$320.2M	$3.20B	$748.7M

3. SR Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is SR stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does SR compare to OGS and NJR in the Energy sector?

What are the biggest fundamental strengths and SEC risk factors for SR?

Where is SR trading relative to its 50-day, 200-day, and 52-week technical levels?

SR last traded at $88.00 (+1.48% on volume of 745,200 shares), positioning the stock +8.33% above its 50-day simple moving average ($81.23) and +3.98% above its 200-day simple moving average ($84.63). Across its 52-week range of $74.84 to $95.31, SR sits at the 64.3% percentile with a 14-day RSI of 67.3 (BULLISH MOMENTUM) and an implied next-earnings move of ±3.7% ($84.74 to $91.26).

SR Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

What is SR's 12-month stock price target?

Spire Inc. (SR) carries a 12-month consensus base price target of $82.06 (-6.7% from $88.00), with a bull-case target of $100.08 and a bear-case floor of $64.01.

Is SR stock a Buy, Hold, or Sell right now?

Roarable's 5-Pillar RQD Quant Engine rates SR D- (Sell — SELL) with an RQD Confidence score of 43/100.

Direct Sub-Reports: SR RQD Cockpit SR 12M Forecast SR Earnings & Move SR Dividends & DRIP SR Insiders & 13F SR Whale Options SR Profit Sankey SR News & Why

ROARABLE RATING BRIEF • RQD 43/100 (D-) ✓ STAGE-C NUMBER FIREWALL VERIFIED

SR — Spire Inc.: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5

As of: 2026-11-02T15:20:46Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, Spire Inc. receives an RQD Score of 43 and a letter grade of D-, with the verdict label "Roarable Sell — Vulnerable Balance Sheet & Flow." Across the five pillars:

Fundamental Cash Engine: 5 / 20. The pillar is anchored by ROIC of 5.3% and an FCF yield of -6.72%. For a prospective investor, this is the weakest pillar: the business is earning a low return on invested capital and is not currently converting earnings into free cash flow on a yield basis.
Whale 13F Flow: 13 / 20. The rating references institutional accumulation and options positioning. This is a moderate score, indicating some supportive institutional activity without a decisive signal.
Insider Conviction: 8 / 20. The rating references SEC Form 4 and Congressional PTR cluster flow. The below-midpoint score suggests insider and disclosed-trade activity does not offer strong conviction support.
Macro Regime Fit: 9 / 20. Beta of 0.93 and sector sensitivity are referenced. A beta below 1 indicates lower-than-market sensitivity to broad moves, which is a defensive characteristic, but the pillar score is still below midpoint.
Forensic Balance Sheet: 8 / 20. The rating cites Altman Z 0.96, Piotroski F 5/9, and Debt/Equity 1.3. These readings point to balance sheet stress relative to the rating's framework.

Taken together, the rating frames Spire as a stock whose valuation metrics (P/E, dividend yield) may look moderate, but whose cash generation and balance sheet readings weigh heavily against it. A prospective investor should weigh the appeal of the 3.55% dividend yield and sub-19 trailing P/E against the negative free cash flow yield and leverage readings that the rating highlights.

Snapshot

Price	Market Cap	P/E (TTM)	Forward P/E	EV/EBITDA	EPS (TTM)	Dividend Yield	Beta	52-Wk Range	ROIC %
86.72	$5.13B	18.9	17.6	7.3	4.6	3.55%	0.93	$74.84 - $95.31	5.3%

Business

Spire Inc. is a NYSE-listed Energy issuer operating in the Oil/Gas Transmission industry, per the company profile. The source data does not describe its specific products, customer base, or revenue model. Its market capitalization is $5.1B per the profile. Revenue and margin figures appear in the market data and financial sections below.

Financial Trend

Period	Revenue	Operating Income	Net Income	EPS	FCF	Cash	Debt
FY 2025	$2476.4M	$523.9M	$271.7M	N/A	$-344.4M	$4.1M	$4449.4M
FY 2024	$2593.0M	$488.3M	$250.9M	N/A	$51.1M	$11.5M	$3697.7M
FY 2023	$2666.3M	$418.6M	$217.5M	N/A	$320.2M	N/A	$748.7M

Per the SEC financials, revenue declined from $2666.3M (FY 2023) to $2476.4M (FY 2025) while operating income rose from $418.6M to $523.9M. Per the market data, gross margin is 58.8%, operating margin is 21.2%, and net margin is 11%. ROIC is 5.3%. The rating cites an Altman Z-Score of 0.96 and a Piotroski F-Score of 5/9. Reported debt rose from $748.7M (FY 2023) to $4449.4M (FY 2025), and FY 2025 free cash flow was $-344.4M.

Recent Catalysts & News Wire Analysis

Per the recent news and catalysts feed:

Cash flow recovery pricing-in (YELLOW, MARKET WIRE): A Yahoo Finance headline describes the stock as uncertain as a cash flow recovery is priced in.
Stability and yield (YELLOW, MARKET WIRE): An Investor's Business Daily headline frames the stock as a gas utility offering stability and a 3.8% yield.
Revenue vs. costs (GREEN, CATALYST): A Seeking Alpha headline states revenue is growing while rising costs erode gains. Note this is labeled GREEN in the feed while the headline content is cost-pressure oriented.
Valuation (GREEN, CATALYST): A Yahoo Finance item concerns a different company (Spire Healthcare Group, LSE:SPI) and is not clearly relevant to Spire Inc. (SR).
Q3 2026 results transcript (YELLOW, MARKET WIRE): A Benzinga item references an earnings call transcript.
Risk zones (RED, RISK WATCH): A Stock Traders Daily item is flagged as a risk watch.

The Butterfly Supply-Chain Graph lists the sector as Energy and industry as Oil/Gas Transmission, with supply_chain marked NONE, no butterfly links, and no proprietary signals.

Open Questions

What drove the increase in reported debt from $748.7M (FY 2023) to $4449.4M (FY 2025), and what is its maturity profile?
Why is FY 2025 free cash flow negative at $-344.4M after positive FY 2023 and FY 2024 values, and is the cash flow recovery referenced in the news feed supported by reported figures?
What explains the divergence between declining revenue and rising operating income across FY 2023–FY 2025?
What are the EPS figures for the reported periods, which are listed as N/A in the financial data?
Which news items in the feed concern Spire Inc. (SR) rather than unrelated entities, and what are the Q3 2026 results referenced by the earnings transcript headline?

SR Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Spire Inc. (SR) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to SR Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo Finance • 7h ago

Spire (SR) Stock Looks Uncertain As Cash Flow Recovery Gets Priced In

Yahoo Finance report covering Spire Inc. (SR) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Investor's Business Daily • 10h ago

Spire Stock: This Gas Utility Offers Stability And A Solid 3.8% Yield

Investor's Business Daily report covering Spire Inc. (SR) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Seeking Alpha • 13h ago

Spire: Revenue Is Growing, But Rising Costs Are Eating The Gains (NYSE:SR)

Seeking Alpha report covering Spire Inc. (SR) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 16h ago

Spire Healthcare Group (LSE:SPI) Stock Still Looks Undervalued Against Its Sales Base

Yahoo Finance report covering Spire Inc. (SR) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Benzinga • 19h ago

Spire Reports Q3 2026 Results: Full Earnings Call Transcript

Benzinga report covering Spire Inc. (SR) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH Stock Traders Daily • 22h ago

Precision Trading with Spire Inc. (SR) Risk Zones

Stock Traders Daily report covering Spire Inc. (SR) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Simply Wall St • 1d ago

Spire (SR) Faces A Pullback, Is The 15% Undervaluation Case Still Intact?

Simply Wall St report covering Spire Inc. (SR) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Stock Titan • 1d ago

A one-year credit extension leaves other material terms unchanged for Spire (SR).

Stock Titan report covering Spire Inc. (SR) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

SR Bull vs. Bear Conversation Board — What's Your Call at $88.00?

🐂 33% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON SR 🐻 67% BEARISH CONVICTION

RO RoarDesk_Moderator Roarable Research Desk 🐻 BEARISH 🎯 Target: $76.31 (-12.0%)

📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is SR (D- • RQD 43/100) a Buy at $86.72?

Welcome to the SR (Spire Inc.) Roar Pit. Current RQD Composite is 43/100 (Roarable Sell — Vulnerable Balance Sheet & Flow) in Oil/Gas Transmission. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

SH ShortSeller_Dan Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $68.51 (-21.0%)

Spot @ $86.72

Pump the brakes on SR — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on SR, but look at what you are paying: 18.9x trailing P/E with 58.8% gross margins. Unless Spire Inc. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

CA CashFlowKing Verified K Arena Trader 🐂 BULLISH 🎯 Target: $98.86 (+14.0%)

Spot @ $86.72

SR cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on SR, the market is fixating on short-term headline noise in Oil/Gas Transmission and ignoring the balance sheet and cash flow trajectory. At $86.72 (52-wk range $74.84 - $95.31), any beat on forward guidance forces shorts and underweight funds to chase.