03:25 PM EST, 11/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We trim our 12-month target price by $3 to $37, which values SPR at an EV/EBITDA of 12.3x our 2026 EBITDA estimate, a large discount to peers, which are trading at an average forward EV/EBITDA of 22.2x, justified by SPR's balance sheet and liquidity risks. We widen our 2026 loss per share estimate by $4.21 to -$12.34 and lower our 2026 EPS forecast by $0.73 to $1.22. Q3 results highlighted SPR's deteriorating fundamentals, with operating losses widening to $647M from $350M year-over-year, driven by $585M in forward losses across key programs. Management acknowledged substantial doubt about going concern status. While European Commission approval advances the Boeing acquisition, FTC clearance remains pending for the Q4 closing. The transaction is essential for survival given SPR's $299M cash balance and continued cash burn. Our Hold view reflects the acquisition's necessity to address liquidity constraints, though execution risks persist.