Spire (NYSE:SR) Reaches New 12-Month High - Time to Buy?

Analysts see upside potential for the natural gas distributor's stock price.

Mar. 3, 2026 at 1:07am

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Spire Inc. (NYSE:SR), a regulated natural gas distribution company, saw its share price reach a new 52-week high during mid-day trading on Friday. The stock traded as high as $92.55 and closed at $92.84, with a trading volume of 58,954 shares. Several research firms have issued positive ratings and price targets on Spire's stock in recent months, citing the company's strong financial performance and growth potential.

Why it matters

Spire's stock reaching a new 12-month high suggests that investors are bullish on the company's future prospects. As a regulated utility, Spire's performance is closely watched by analysts and investors, as it provides insight into the broader natural gas distribution industry and the economic conditions in its key markets of Missouri, Alabama, and Mississippi.

The details

Spire's share price has been on an upward trend, with the stock rising from around $83 at the start of the year to the new 52-week high of $92.55. Analysts have cited the company's solid financial results, including a 13.9% increase in revenue in the most recent quarter, as well as its growth initiatives and strategic acquisitions as reasons for the stock's strong performance. Jefferies Financial Group, Stifel Nicolaus, Mizuho, and Morgan Stanley have all issued positive ratings and price targets on Spire's stock in recent months.

  • Spire's share price reached a new 52-week high during mid-day trading on Friday, March 1, 2026.
  • Spire reported its most recent quarterly earnings on Tuesday, February 3, 2026.

The players

Spire Inc.

A regulated natural gas distribution company headquartered in St. Louis, Missouri, serving over 1.7 million residential, commercial, and industrial customers across its service territory in the central and southern United States.

Jefferies Financial Group

An investment banking and capital markets firm that has issued a 'buy' rating and $99.00 target price on Spire's stock.

Stifel Nicolaus

A financial services firm that has boosted its price target on Spire's stock from $81.00 to $87.00 and maintained a 'hold' rating.

Mizuho

A global financial services group that has increased its target price on Spire's stock from $93.00 to $96.00 and maintained an 'outperform' rating.

Morgan Stanley

A multinational investment bank that has reiterated an 'overweight' rating and $100.00 target price on Spire's stock.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.