Spire Stock (NYSE: SR) Trading Near Highs Ahead of Earnings – What To Expect

Spire Inc. (NYSE: SR), a key player in the U.S. utility sector, finds itself at an interesting juncture. The company's stock is currently trading at $89.16, down $1.39 or 1.54% from its previous close ahead of this morning's earnings. 

Spire's stock performance is being closely watched against the backdrop of a recent leadership transition. Back on April 24, 2025, Scott Doyle stepped in as President and CEO, succeeding Steve Lindsey. Doyle's promotion from Executive Vice President and Chief Operating Officer signals a continuation of the company's existing strategy, with a focus on modernizing infrastructure and achieving operational excellence across its gas utilities serving over 1.7 million customers in Alabama, Missouri, and Mississippi.

The market is now bracing for the release of Spire's fourth-quarter earnings. Analysts predict an EPS of ($0.44) and revenue of $439.56 million. In the previous quarter, Spire reported an EPS of $0.01, exceeding the consensus estimate of ($0.09), with revenue reaching $421.9 million. The upcoming report will be crucial in determining whether Spire can maintain its positive trajectory.

Technically, Spire's stock is trading above its 50-day and 200-day simple moving averages (SMA) of $76.72 and $74.40, respectively. This suggests a bullish trend in the medium to long term. However, the current price decline indicates potential short-term headwinds.

Analysts have set an average price target of $89.93 for SR, implying a potential upside of approximately 2.26% from the current price. However, projections indicate that earnings per share (EPS) for the next year are expected to grow by 9.78%, while revenue is anticipated to decline by 7.17%.

Spire's market capitalization stands at approximately $5.26 billion, with a price-to-earnings ratio of 19.14. The utility sector is generally considered stable, but Spire's stock performance is subject to market conditions, regulatory changes, and the company's ability to execute its strategic plans.

Bulls will have seen the stock handily outperform YTD with gains of 30.35%, and will be eyeing a break of the $90 on strong volume as a sign of further highs to come. The $85 level to the downside has offered some friction on the way up, and could be a point to watch if earnings miss the mark.