Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
1Spatial ( (GB:SPA) ) has provided an update.
1Spatial has secured a major five-year contract as the prime contractor for the National Underground Asset Register (NUAR) Data Transformation and Ingestion Service, in partnership with Ordnance Survey Ltd. This contract, valued at £4.2 million, marks an upgrade from their previous role and underscores 1Spatial’s leadership in geospatial solutions. The NUAR initiative aims to create a comprehensive digital map of underground infrastructure in the UK, expected to significantly enhance efficiency and safety while reducing public disruptions. This win highlights 1Spatial’s strong market position and potential for international expansion, leveraging their technology to transform industries.
The most recent analyst rating on (GB:SPA) stock is a Hold with a £45.00 price target. To see the full list of analyst forecasts on 1Spatial stock, see the GB:SPA Stock Forecast page.
Spark’s Take on GB:SPA Stock
According to Spark, TipRanks’ AI Analyst, GB:SPA is a Neutral.
1Spatial’s overall stock score is primarily influenced by its strong financial performance, despite concerns over cash flow volatility. The technical analysis indicates bearish momentum, and the valuation suggests overvaluation, both of which weigh negatively on the score.
To see Spark’s full report on GB:SPA stock, click here.
More about 1Spatial
1Spatial is a global leader in Location Master Data Management (LMDM) software and solutions. The company serves national mapping and land management agencies, utility companies, transportation organizations, government, public safety, and defense departments. Their solutions are user-friendly, no-code, cloud-enabled, and facilitate automated data governance, contributing to increased efficiencies and cost savings. 1Spatial is AIM-listed with operations in the UK, Ireland, USA, France, Belgium, Tunisia, and Australia.
Average Trading Volume: 153,909
Technical Sentiment Signal: Sell
Current Market Cap: £50.27M
Learn more about SPA stock on TipRanks’ Stock Analysis page.