Scotiabank sets USD 79.00 target for Spire stock

Published on 10/07/2026 at 02:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 19.20 percent to USD 420.20 million. The consensus target is USD 92.50 for Spire stock, with USD 3.90-4.10 FY2026 guidance.

SR, US84857L1017, Illustration mit AI erstellt.

Spire Inc. (ISIN US84857L1017) received a USD 79.00 price target from Scotiabank in a report released October 1, 2026, according to MarketBeat. The research house kept a Sector Perform rating, placing the utility within a valuation debate shaped by earnings growth, dividend income and leverage.

Scotiabank sets the valuation marker

Scotiabank expects fiscal 2026 earnings per share of USD 3.99, compared with a USD 4.00 consensus estimate, and projects fiscal 2027 earnings per share of USD 5.49, MarketBeat reported October 5, 2026. The USD 79.00 target therefore sits near the current earnings framework rather than depending on a high-growth assumption.

MarketBeat also reported a consensus target of USD 92.50, based on one Strong Buy, seven Buy and six Hold ratings. That spread shows why the analyst average and the individual Scotiabank view point to different expectations for Spire stock.

Revenue growth meets seasonal risk

Spire's latest reported quarter produced revenue of USD 420.20 million, up 19.20 percent from the same quarter a year earlier. Adjusted earnings per share were a loss of USD 0.26, better than the USD 0.32 loss expected by analysts, while management reaffirmed fiscal 2026 guidance of USD 3.90-4.10 per share, according to MarketBeat.

The quarterly dividend was USD 0.8250 per share, equal to USD 3.30 on an annualized basis and a 4.30 percent yield, based on the same October 5, 2026 report. For a regulated gas utility, that payout provides a separate income measure while the earnings range remains the central operating benchmark.

Prior close and next report

The Lang & Schwarz prior close was EUR 69.25 on October 5, 2026. Spire has a market capitalization of USD 4.6 billion as of October 6, 2026, while its primary listing is on the NYSE; the next earnings announcement is scheduled for November 13, 2026, according to Yahoo Finance. The company is classified as a regulated gas utility and serves customers through its natural gas operations.

The further course of trading is shown by the continuously updated real-time quote of Spire stock.