Shares of Spire Global, Inc. (NYSE:SPIR – Get Free Report) have earned an average rating of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $16.70.
Several analysts have issued reports on SPIR shares. Benchmark restated a “buy” rating on shares of Spire Global in a research report on Monday, August 3rd. Weiss Ratings raised shares of Spire Global from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, July 29th. Wall Street Zen cut shares of Spire Global from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 18th. Canaccord Genuity Group set a $22.50 target price on Spire Global and gave the stock a “buy” rating in a research report on Thursday, May 14th. Finally, Alliance Global Partners restated a “neutral” rating on shares of Spire Global in a research note on Thursday, May 14th.
Check Out Our Latest Analysis on Spire Global
Spire Global Trading Down 0.5%
Spire Global (NYSE:SPIR – Get Free Report) last announced its earnings results on Wednesday, August 12th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.05). The company had revenue of $16.57 million for the quarter, compared to the consensus estimate of $18.53 million. Spire Global had a negative return on equity of 34.05% and a net margin of 77.12%.Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. Equities analysts predict that Spire Global will post -1.35 EPS for the current year.
Insider Buying and Selling
In other news, CTO Johann Gabriel Oehme sold 3,107 shares of Spire Global stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $4,159,090.72. This trade represents a 1.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman Peter Platzer sold 7,184 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $19.08, for a total value of $137,070.72. Following the sale, the chairman owned 1,478,568 shares in the company, valued at approximately $28,211,077.44. This represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 52,297 shares of company stock worth $997,503. 13.04% of the stock is currently owned by corporate insiders.
Institutional Trading of Spire Global
Institutional investors have recently bought and sold shares of the stock. Osaic Holdings Inc. acquired a new stake in shares of Spire Global in the 2nd quarter valued at $25,000. Russell Investments Group Ltd. bought a new stake in shares of Spire Global during the third quarter valued at approximately $25,000. BNP Paribas Financial Markets boosted its position in Spire Global by 84.6% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock valued at $33,000 after buying an additional 1,260 shares during the last quarter. Leonteq Securities AG acquired a new stake in shares of Spire Global in the 4th quarter valued at $44,000. Finally, Tower Research Capital LLC TRC increased its stake in shares of Spire Global by 71.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company’s stock valued at $49,000 after buying an additional 1,699 shares during the period. Institutional investors and hedge funds own 19.97% of the company’s stock.
Spire Global Company Profile
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.
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