Spire Updates Segment Reporting, Discontinues Marketing Operations
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The latest announcement is out from Spire ( (SR) ).
In the second quarter of fiscal 2026, Spire reclassified the operations of Spire Marketing and Spire Storage as discontinued operations following recent asset dispositions. At the same time, it revised segment reporting, moving Spire MoGas and Spire STL Pipeline from the Midstream segment into Other to align financial presentation with the reshaped portfolio.
The company has recast its fiscal 2025 quarterly results to reflect these discontinued operations and segment changes, emphasizing that the adjustments are presentational only and do not alter consolidated net income, assets, equity or cash flows. Spire has furnished an unaudited investor presentation of the recast continuing-operations earnings for fiscal 2025, making it available to investors through its website under Regulation FD.
The most recent analyst rating on (SR) stock is a Buy
with a $88.00 price target.
To see the full list of analyst forecasts on Spire stock,
see the SR Stock Forecast page.
Spark’s Take on SR Stock
According to Spark, TipRanks’ AI Analyst, SR is a Neutral.
The score is driven mainly by steady underlying profitability and improved leverage but constrained by persistently negative free cash flow and weak revenue momentum. Valuation is supportive (moderate P/E and strong dividend yield), while the technical picture is weak with the stock trading below key moving averages. Earnings-call and recent divestiture activity are constructive for longer-term visibility, though near-term regulatory/weather and financing-related uncertainties remain.
To see Spark’s full report on SR stock,
click here.
More about Spire
Spire Inc., a regulated energy company, operates in the natural gas utility sector with associated midstream and marketing activities. Its business includes continuing operations such as Spire Mississippi and pipeline assets Spire MoGas and Spire STL Pipeline, while certain marketing and storage assets have recently been divested.
Average Trading Volume: 534,269
Technical Sentiment Signal: Buy
Current Market Cap: $4.64B
For an in-depth examination of SR stock, go to TipRanks’ Overview page.
