Wall Street Zen Downgrades Spire Global (NYSE:SPIR) to Strong Sell

Posted by Brian Himes on Jul 20th, 2026

Spire Global (NYSE:SPIR – Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research note issued to investors on Saturday.

SPIR has been the topic of several other research reports. Weiss Ratings downgraded Spire Global from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, July 14th. Canaccord Genuity Group set a $22.50 price target on shares of Spire Global and gave the company a “buy” rating in a research note on Thursday, May 14th. Stifel Nicolaus set a $24.00 price objective on shares of Spire Global and gave the company a “buy” rating in a report on Thursday, June 4th. Finally, Alliance Global Partners reiterated a “neutral” rating on shares of Spire Global in a research report on Thursday, May 14th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Spire Global presently has an average rating of “Hold” and a consensus price target of $16.70.

Read Our Latest Analysis on SPIR

Spire Global Price Performance

Shares of SPIR opened at $12.16 on Friday. The company’s 50-day moving average is $18.21 and its 200-day moving average is $14.59. The firm has a market capitalization of $470.75 million, a PE ratio of 7.75 and a beta of 2.51. Spire Global has a fifty-two week low of $6.60 and a fifty-two week high of $25.93.

Spire Global (NYSE:SPIR – Get Free Report) last announced its earnings results on Wednesday, May 13th. The company reported ($0.37) EPS for the quarter, topping the consensus estimate of ($0.38) by $0.01. The business had revenue of $13.92 million during the quarter, compared to the consensus estimate of $15.08 million. Spire Global had a net margin of 77.12% and a negative return on equity of 34.05%. Analysts predict that Spire Global will post -1.35 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Spire Global news, Chairman Peter Platzer sold 7,184 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $19.08, for a total transaction of $137,070.72. Following the sale, the chairman directly owned 1,478,568 shares in the company, valued at $28,211,077.44. This represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Johann Gabriel Oehme sold 3,107 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $19.07, for a total transaction of $59,250.49. Following the sale, the chief technology officer owned 218,096 shares in the company, valued at $4,159,090.72. The trade was a 1.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 52,297 shares of company stock valued at $997,503 over the last 90 days. 13.04% of the stock is owned by company insiders.

Hedge Funds Weigh In On Spire Global

Several hedge funds and other institutional investors have recently made changes to their positions in SPIR. Osaic Holdings Inc. acquired a new stake in shares of Spire Global during the 2nd quarter worth approximately $25,000. Russell Investments Group Ltd. bought a new position in Spire Global in the third quarter valued at approximately $25,000. BNP Paribas Financial Markets increased its stake in Spire Global by 84.6% in the second quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock valued at $33,000 after acquiring an additional 1,260 shares during the last quarter. Tower Research Capital LLC TRC raised its position in Spire Global by 71.2% during the second quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company’s stock valued at $49,000 after purchasing an additional 1,699 shares in the last quarter. Finally, Leonteq Securities AG acquired a new position in Spire Global during the fourth quarter valued at approximately $44,000. 19.97% of the stock is currently owned by institutional investors and hedge funds.

Spire Global Company Profile

(Get Free Report)

Spire Global (NYSE: SPIR) is a space-to-cloud data and analytics company that operates a constellation of low Earth orbit nanosatellites to collect radio occultation, maritime Automatic Identification System (AIS), and aviation tracking data. By leveraging proprietary satellite hardware and ground infrastructure, Spire captures precise, near-real-time observations of Earth’s atmosphere, oceans, and surface traffic to power downstream analytics for weather forecasting, fleet optimization, and safety monitoring.

The company’s core offerings include weather and climate intelligence derived from GPS radio occultation, which enhances numerical weather prediction models; maritime domain awareness services that track vessel movements and supply chain dynamics; and aviation analytics that monitor air traffic for efficiency and security applications.