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Upturn AI Summary - About
Spok Holdings Inc(SPOK)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for SPOK
09/28/2026: SPOK (1-star) is currently NOT-A-BUY. Pass it for now.
Spok Holdings Inc is a healthcare technology firm that bridges legacy wireless paging services with modern clinical communication software for hospital systems. The company benefits from a stable, cash-generative paging business, which allows it to fund the development and adoption of its Spok Care Connect software platform. While it occupies a specialized position in clinical workflow management, the company faces competitive pressure from larger healthcare IT incumbents. The investment story centers on managing the slow decline of legacy assets while scaling software revenue. Spok is best suited for income-oriented investors, though they should closely monitor the company's ability to maintain software growth amid competitive and budgetary risks.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The company's revenue growth is constrained by the secular decline of its legacy paging business. |
| Momentum investor | Weak fit | The stock lacks sustained, high-magnitude price trends often sought by momentum strategies. |
| Value investor | Mixed fit | While cash generation is steady, valuation is constrained by the long-term outlook for the company's primary legacy business. |
| Dividend investor | Strong fit | Spok has historically prioritized returning cash to shareholders through regular dividend payments. |
| Low-risk investor | Mixed fit | Steady cash flows provide support, but exposure to the shrinking paging market introduces structural long-term risk. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | The stock can react sharply to quarterly earnings reports regarding software adoption. |
| Valuation risk | Medium | Valuation depends heavily on the company's ability to maintain high margins during the business transition. |
| Competition risk (enterprise clinical software) | High | Large incumbents like Oracle and Baxter compete with integrated communication solutions. |
| Business quality | Medium | The business relies on a high-margin legacy asset that is structurally declining over time. |
| Dividend income | Medium | Dividend sustainability depends on managing cash flows effectively during the ongoing business pivot. |
| Execution risk | Medium | Success depends on retaining legacy customers while increasing the penetration of the Spok Care Connect platform. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit -27.13% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/28/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 218.80M USD | Price to earnings Ratio 18.35 | 1Y Target Price 14 |
Price to earnings Ratio 18.35 | 1Y Target Price 14 | ||
Volume (30-day avg) 147.9K shares | Beta 0.42 | 52 Weeks Range 9.38 - 15.52 | Updated Date 09/27/2026 |
52 Weeks Range 9.38 - 15.52 | Updated Date 09/27/2026 | ||
Dividends yield (FY) 12.08% | Basic EPS (TTM) 0.57 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Wireless Messaging | Subscription fees from hospitals and healthcare workers using the paging network. | The reliable, high-margin foundation of the company's cash flow. |
| Software/Solutions | Licensing, subscription, and maintenance fees for the Spok Care Connect platform. | The primary growth area focused on clinical software and integration. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 18.35 | Forward PE 10.15 | Enterprise Value 209.42M | Price to Sales(TTM) 1.61 |
Enterprise Value 209.42M | Price to Sales(TTM) 1.61 | ||
Enterprise Value to Revenue 1.54 | Enterprise Value to EBITDA 9.53 | Shares Outstanding 20.92M | Shares Floating 18.21M |
Shares Outstanding 20.92M | Shares Floating 18.21M | ||
Percent Insiders 2.26 | Percent Institutions 57.97 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Spok Holdings Inc
Exchange NASDAQ | Headquarters Plano, TX, United States | ||
IPO Launch date 1992-01-17 | President, CEO & Director Mr. Vincent D. Kelly CPA | ||
Sector Healthcare | Industry Health Information Services | Full time employees 382 | Website https://www.spok.com |
Full time employees 382 | Website https://www.spok.com | ||
Spok Holdings, Inc., through its subsidiary, Spok, Inc., engages in the healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. Its products and services enhance workflows for clinicians and support administrative compliance. The company delivers clinical information to care teams when and where it matters to enhance patient outcomes; and provides GenA Pager, a one-way alphanumeric pager. It offers subscriptions to one-way or two-way messaging services, as well as alphanumeric pagers that are configurable to support unencrypted or encrypted operation; and ancillary services, such as voicemail, and equipment loss or maintenance protection services, as well as sells devices to resellers who lease or resell them to their subscribers. The company provides Spok Care Connect suite products for contact centers, clinical alerting and notification, mobile communications and messaging, and public safety notifications. In addition, it provides professional, software license updates, and product support services, as well as sells third-party equipment. It serves businesses, professionals, management personnel, medical personnel, field sales personnel and service forces, members of the construction industry and construction trades, real estate brokers and developers, sales and services organizations, specialty trade organizations, manufacturing organizations, and government agencies. The company was formerly known as USA Mobility, Inc. and changed its name to Spok Holdings, Inc. in July 2014. Spok Holdings, Inc. was founded in 1986 and is headquartered in Plano, Texas.
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