Ispire Technology, Inc. (ISPR)

Ispire Technology's stock price has experienced significant fluctuations over the past six months. The stock's price decreased by 64.90% over the last 12 months, with a year-to-date return of -56.66%. In the past month, the stock decreased by 8.02%. Notable events impacting the stock include movements in November and October 2025 due to various factors such as analyst commentary, downgrades, and technical weaknesses. In September 2025, Ispire reported its fourth-quarter earnings, revealing a revenue surprise but an unexpected loss in earnings per share, and announced a strategic pivot and expansion of manufacturing. In August 2025, private companies were impacted after the market cap dropped. In February 2025, Ispire reported its fiscal second-quarter results, with revenue and gross profit increases. ISPR reached its all-time high in November 2023 and its all-time low in November 2025.

The provided information does not explicitly detail the demand seasonality for Ispire Technology, Inc.'s products and services. The cannabis/CBD derivatives market is projected to experience significant growth, with vaping products representing a substantial share. The global e-cigarette market has also seen high growth, driven by increasing awareness of health concerns associated with traditional tobacco. There is no specific mention of seasonal fluctuations in demand for their products within the available data.

Ispire Technology, Inc. develops, designs, commercializes, sells, markets, and distributes both branded and non-branded e-cigarettes and vaping hardware for nicotine and cannabis. Its nicotine products are marketed globally under the Aspire brand, featuring open and closed system devices under licensed brands. For the cannabis market, products are sold under the Ispire brand, primarily on an original design manufacturer basis. Ispire's product portfolio includes cartridges, disposables, batteries, and dabbing products, utilizing technologies like its patented Ducore and G-mesh coil technology. The company also introduced Ispire One, an integrated mouthpiece and body design for cannabis devices.

Ispire Technology has a global footprint with regional sales networks spanning 30 countries. Its Aspire-branded e-cigarette products are distributed worldwide, excluding the U.S., People's Republic of China, and Russia. Ispire's cannabis vaping hardware is sold in the United States, Europe, and South Africa, with recent marketing and customer engagement initiatives in Canada and Latin America. The company maintains R&D centers in Los Angeles and Shenzhen, and has expanded its manufacturing capabilities to Malaysia.

Ispire Technology positions itself as a worldwide leader in vaping technology, emphasizing high-quality standards and innovation. Recent events impacting its reputation include Ispire Technology and IKE Tech applauding the FDA's crackdown on the illicit vape market and Ispire unveiling its reengineered cannabis product ecosystem at MJBizCon 2025. Despite these positive developments, the company's stock has seen a significant decline since its IPO, and it has reported ongoing unprofitability, which could negatively affect its financial reputation.

The ownership structure of Ispire Technology, Inc. is a mix of institutional, retail, and individual investors. Approximately 2.64% to 6.01% of the company's stock is held by institutional investors, while retail investors hold around 93.05%. Insiders own about 0.94% of the stock. Pride Worldwide Investment Limited is the largest shareholder, holding 58% of the shares outstanding. Major institutional shareholders include Yong Rong (HK) Asset Management Ltd, BlackRock, Inc., Geode Capital Management, Llc, iShares, Vanguard Group Inc, State Street Corp, Northern Trust Corp, and Mirae Asset Global Investments Co. Ltd.