Streetbeat News

ISPR

Ispire Technology Inc.

https://www.getispire.com

Industry

Tobacco

Ispire Technology Inc. manufactures e-cigarettes and cannabis vaping products. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc. operates as a subsidiary of Pride Worldwide Investment Limited

Open

6.43

Mkt cap

350M

Volume

147K

High

6.48

P/E Ratio

-22.89

52-wk high

19.78

Low

5.94

Div yield

N/A

52-wk low

5.00

Ispire Technology reported a fiscal year 2024 EPS of $(0.27), a decrease from $(0.12) the previous year. However, revenue increased to $151.9 million from $115.6 million.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 10:36 am

Ispire Technology anticipates a 31.4% increase in revenue, reaching approximately $151.9 million for the fiscal year ending June 30, 2024.

Portfolio Pulse from Nabaparna Bhattacharya

September 13, 2024 | 10:25 am

Ispire Technology Inc. (NASDAQ: ISPR) has signed a 30-year exclusive global licensing agreement with Hidden Hills Club to manufacture, distribute, and commercialize Hidden Hills' nicotine products. The rollout will begin in the UAE and South Africa, followed by the UK and EU. This partnership aims to expand Ispire's product offerings and market reach, despite recent financial losses.

Portfolio Pulse from Rolando García

August 07, 2024 | 12:17 am

Ispire Technology has signed an exclusive 30-year global licensing agreement with Hidden Hills Club to expand into the global nicotine products market.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 12:33 pm

Sotera Health (NASDAQ:SHC) reported better-than-expected quarterly results, leading to a 10.2% rise in its stock price. Other notable gainers include Kellanova (NYSE:K), Ispire Technology (NASDAQ:ISPR), New Oriental Education (NYSE:EDU), Sonic Automotive (NYSE:SAH), ZTO Express (NYSE:ZTO), Gaotu Techedu (NASDAQ:GOTU), and Twist Bioscience (NASDAQ:TWST).

Portfolio Pulse from Avi Kapoor

August 05, 2024 | 3:22 pm

Roth MKM analyst Scott Fortune has reiterated a Buy rating on Ispire Technology (NASDAQ:ISPR) and raised the price target from $11 to $12.5.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 2:48 pm

Ispire Technology Inc. (NASDAQ: ISPR) CEO Michael Wang predicts that vaping will surpass cannabis flower sales within the next 2-3 years. Ispire has seen a 57% year-over-year increase in cannabis-related hardware sales, driven by innovation and strategic expansions. The company has also partnered with Acreage Holdings (OTCQX: ACRDF, ACRHF) and is pioneering regulatory compliance technology.

Portfolio Pulse from Patricio Liddle

June 12, 2024 | 1:16 pm

Roth MKM analyst Scott Fortune reiterates a Buy rating on Ispire Technology (NASDAQ:ISPR) and maintains a price target of $11.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 3:18 pm

Ispire Technology has announced a new Original Design Manufacturer (ODM) relationship with an e-cigarette brand. This partnership is expected to enhance Ispire's market presence and product offerings in the e-cigarette industry.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:33 pm

Ispire Technology Inc. (NASDAQ:ISPR) has entered the South African market through an exclusive distribution deal with Dank Pack. This partnership will see Ispire supplying a range of vapor products and accessories to Dank Pack, South Africa's leading supplier of cannabis product packaging and accessories. The deal aims to meet the rising demand for high-quality vaping products in the rapidly-growing South African cannabis market.

Portfolio Pulse from Patricio Liddle

May 28, 2024 | 9:44 pm

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