It’s still a bull thesis, just subverted: ARS Pharmaceuticals Inc (SPRY)

At the time of writing, ARS Pharmaceuticals Inc [SPRY] stock is trading at $10.83, down -0.18%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SPRY shares have gain 6.39% over the last week, with a monthly amount drifted -15.39%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

ARS Pharmaceuticals Inc [NASDAQ: SPRY] stock has seen the most recent analyst activity on March 07, 2025, when Scotiabank initiated its Sector Outperform rating and assigned the stock a price target of $30. Previously, Oppenheimer started tracking the stock with Outperform rating on February 10, 2025, and set its price target to $40. On August 20, 2024, Cantor Fitzgerald initiated with a Overweight rating. Raymond James upgraded its rating to a Strong Buy and increased its price target to $22 on August 13, 2024. Leerink Partners reiterated its recommendation of a Outperform and raised its price target to $20 on August 12, 2024. Raymond James started tracking with a Outperform rating for this stock on July 25, 2024, and assigned it a price target of $18. In a note dated March 05, 2024, Leerink Partners upgraded an Outperform rating on this stock and boosted its target price from $6 to $18.

For the past year, the stock price of ARS Pharmaceuticals Inc fluctuated between $7.55 and $18.51. Currently, Wall Street analysts expect the stock to reach $23.33 within the next 12 months. ARS Pharmaceuticals Inc [NASDAQ: SPRY] shares were valued at $10.83 at the most recent close of the market. An investor can expect a potential return of 115.42% based on the average SPRY price forecast.

Analyzing the SPRY fundamentals

Gross Profit Margin for this corporation currently stands at 0.94% with Operating Profit Margin at -23.84%, Pretax Profit Margin comes in at -19.35%, and Net Profit Margin reading is -19.35%. To continue investigating profitability, this company’s Return on Assets is posted at -0.23, Equity is -0.23 and Total Capital is -0.3. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.54 points at the first support level, and at 10.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.03, and for the 2nd resistance point, it is at 11.24.

Ratios To Look Out For

It is important to note that ARS Pharmaceuticals Inc [NASDAQ:SPRY] has a current ratio of 12.54. In addition, the Quick Ratio stands at 12.50 and the Cash Ratio stands at 2.39. Considering the valuation of this stock, the price to sales ratio is 409.54, the price to book ratio is 5.23.

Transactions by insiders

Recent insider trading involved Shawver Laura, Director, that happened on Mar 06 ’25 when 49600.0 shares were sold. Director, Shawver Laura completed a deal on Mar 05 ’25 to sell 400.0 shares. Meanwhile, Director Shawver Laura bought 50000.0 shares on Mar 05 ’25.

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