Spire Global (NYSE:SPIR) Upgraded at Alliance Global Partners

Posted by Francis Steltz on Oct 16th, 2026

Alliance Global Partners upgraded shares of Spire Global (NYSE:SPIR – Free Report) from a neutral rating to a buy rating in a research note issued to investors on Tuesday morning, MarketBeat Ratings reports. The firm currently has $15.00 price target on the stock.

A number of other research firms also recently weighed in on SPIR. Benchmark reaffirmed a “buy” rating on shares of Spire Global in a research note on Monday, August 3rd. Wall Street Zen raised Spire Global from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 15th. Finally, Weiss Ratings cut Spire Global from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, August 27th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $17.90.

Get Our Latest Stock Analysis on SPIR

Spire Global Stock Performance

Spire Global stock opened at $9.35 on Tuesday. The company’s fifty day simple moving average is $12.18 and its 200-day simple moving average is $15.31. Spire Global has a 12 month low of $6.60 and a 12 month high of $25.93.

Spire Global (NYSE:SPIR – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.05). The company had revenue of $18.05 million during the quarter, compared to analyst estimates of $18.53 million. Spire Global had a negative return on equity of 54.03% and a negative net margin of 145.22%. Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. On average, analysts forecast that Spire Global will post -1.50 EPS for the current year.

Insiders Place Their Bets

In related news, Chairman Peter Platzer sold 17,954 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $11.02, for a total value of $197,853.08. Following the completion of the sale, the chairman directly owned 1,455,514 shares in the company, valued at approximately $16,039,764.28. The trade was a 1.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Stephen Messer sold 17,986 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $14.06, for a total value of $252,883.16. Following the sale, the director directly owned 83,667 shares of the company’s stock, valued at $1,176,358.02. The trade was a 17.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 75,301 shares of company stock worth $1,005,333 in the last three months. 13.04% of the stock is owned by insiders.

Institutional Trading of Spire Global

Several large investors have recently modified their holdings of the company. Bank of New York Mellon Corp bought a new position in Spire Global in the 2nd quarter worth $1,737,000. AWM Investment Company Inc. acquired a new position in Spire Global during the 2nd quarter worth $7,692,000. Granite Investment Partners LLC acquired a new position in Spire Global during the 1st quarter worth $129,000. Royal Bank of Canada boosted its holdings in Spire Global by 9.9% during the first quarter. Royal Bank of Canada now owns 78,641 shares of the company’s stock valued at $989,000 after acquiring an additional 7,113 shares during the period. Finally, Bank of America Corp DE boosted its holdings in Spire Global by 27.1% during the first quarter. Bank of America Corp DE now owns 76,101 shares of the company’s stock valued at $957,000 after acquiring an additional 16,227 shares during the period. 19.97% of the stock is owned by institutional investors.

About Spire Global

(Get Free Report)

Spire Global, Inc is a space-based data and analytics company that operates a constellation of small satellites in low Earth orbit. The company collects data from space and combines it with artificial intelligence, machine learning and other analytics tools to provide information for weather forecasting, maritime transportation, aviation, climate monitoring and national security applications.

Spire’s products and services include weather and atmospheric data derived from radio occultation, maritime vessel tracking using automatic identification system signals, aircraft tracking and aviation intelligence, and customized space-based data solutions.