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Spire Reports Q2 Results, Updates Guidance Amid Portfolio Shift

Story Highlights
  • Spire’s Q2 FY26 earnings rose on gas utility growth and recent Tennessee acquisition.
  • Spire trimmed FY26 guidance but reaffirmed 2027 targets and long-term growth outlook.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Spire Reports Q2 Results, Updates Guidance Amid Portfolio Shift

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The latest announcement is out from Spire ( (SR) ).

On May 6, 2026, Spire reported fiscal second-quarter 2026 results for the period ended March 31, highlighting the completion of its acquisition of Piedmont Natural Gas’s Tennessee business and the post-quarter sale of Spire Marketing, alongside agreements to sell Spire Storage and Spire Mississippi as part of its portfolio reshaping. The company posted higher net income of $217.6 million, or $3.51 per diluted share, and adjusted earnings of $223.7 million, or $3.76 per share, driven mainly by improved Gas Utility performance from new Missouri and Alabama rates, but lowered its fiscal 2026 adjusted earnings guidance to $3.90–$4.10 amid weather-related demand softness, while reaffirming its 2027 guidance and long-term 5–7% earnings growth target, signaling confidence in its regulated growth strategy for customers and shareholders.

The most recent analyst rating on (SR) stock is a Buy with a $100.00 price target. To see the full list of analyst forecasts on Spire stock, see the SR Stock Forecast page.

Spark’s Take on SR Stock

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

The score is primarily constrained by weak free cash flow and balance sheet leverage risk despite improving profitability. Valuation and dividend yield are supportive, while the latest earnings call and recent divestitures are positive for strategy and funding, but technicals remain largely neutral.

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

More about Spire

Spire Inc., based in St. Louis, is a regulated natural gas utility company whose core operations center on its Gas Utility segment, including Spire Missouri and Spire Alabama. The company is sharpening its focus on regulated utility growth and risk reduction by divesting non-core marketing, storage and certain gas distribution assets, while retaining smaller operations such as the Spire MoGas Pipeline in an Other segment.

Average Trading Volume: 353,404

Technical Sentiment Signal: Buy

Current Market Cap: $5.34B

See more data about SR stock on TipRanks’ Stock Analysis page.

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