Ispire Technology Secures Malaysian License for Nicotine Products

An update from Ispire Technology, Inc. ( (ISPR) ) is now available.

On May 22, 2025, Ispire Technology Inc. announced it received an interim license from the Malaysian Government for manufacturing nicotine products, marking it as the only company with full authorization for export, import, and production in Malaysia. This approval allows Ispire to immediately begin manufacturing and marketing its nicotine products in Malaysia, significantly expanding its production capabilities and strategically positioning itself as a leading international provider of vaping hardware.

The most recent analyst rating on (ISPR) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Ispire Technology, Inc. stock, see the ISPR Stock Forecast page.

Spark’s Take on ISPR Stock

According to Spark, TipRanks’ AI Analyst, ISPR is a Neutral.

Ispire Technology, Inc. faces significant financial challenges, with ongoing losses and a concerning valuation. While strategic initiatives and strong cash reserves provide some optimism, current financial pressures and bearish technical indicators contribute to a cautious outlook.

To see Spark’s full report on ISPR stock, click here.

More about Ispire Technology, Inc.

Ispire Technology Inc. is a company engaged in the research and development, design, commercialization, sales, marketing, and distribution of branded e-cigarettes and cannabis vaping products. The company operates globally, with its tobacco products marketed under the Aspire brand and cannabis products under the Ispire brand. Ispire’s products are sold worldwide, except in the U.S., China, and Russia, and it has recently expanded its marketing activities to Canada and Europe.

Average Trading Volume: 55,048

Technical Sentiment Signal: Sell

Current Market Cap: $166.3M

For a thorough assessment of ISPR stock, go to TipRanks’ Stock Analysis page.