Spire Global, Inc. (NYSE:SPIR) Given Average Rating of “Moderate Buy” by Brokerages

Spire Global, Inc. (NYSE:SPIR) has earned an average rating of “Moderate Buy” from the six research firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $16.70.

A number of equities research analysts have recently issued reports on the stock. Benchmark reissued a “buy” rating on shares of Spire Global in a research note on Monday, August 3rd. Alliance Global Partners reiterated a “neutral” rating on shares of Spire Global in a report on Thursday, May 14th. Stifel Nicolaus set a $24.00 target price on Spire Global and gave the company a “buy” rating in a research report on Thursday, June 4th. Wall Street Zen upgraded Spire Global from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 15th. Finally, Weiss Ratings lowered Spire Global from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday.

Insider Activity

In related news, Chairman Peter Platzer sold 5,100 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $14.09, for a total transaction of $71,859.00. Following the transaction, the chairman owned 1,473,468 shares of the company’s stock, valued at approximately $20,761,164.12. This represents a 0.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Theresa Condor sold 22,502 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $14.09, for a total value of $317,053.18. Following the transaction, the chief executive officer owned 948,686 shares of the company’s stock, valued at $13,366,985.74. This trade represents a 2.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 57,347 shares of company stock worth $807,480 in the last quarter. Insiders own 13.04% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SPIR. Royal Bank of Canada lifted its holdings in Spire Global by 164.6% during the 1st quarter. Royal Bank of Canada now owns 46,728 shares of the company’s stock worth $378,000 after buying an additional 29,066 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Spire Global by 78.3% during the second quarter. JPMorgan Chase & Co. now owns 19,119 shares of the company’s stock worth $228,000 after acquiring an additional 8,395 shares during the period. Rhumbline Advisers increased its position in shares of Spire Global by 22.3% during the second quarter. Rhumbline Advisers now owns 39,240 shares of the company’s stock worth $467,000 after acquiring an additional 7,165 shares during the period. Invesco Ltd. raised its stake in shares of Spire Global by 19.5% in the second quarter. Invesco Ltd. now owns 12,623 shares of the company’s stock valued at $150,000 after acquiring an additional 2,062 shares in the last quarter. Finally, Marshall Wace LLP raised its position in Spire Global by 58.0% in the 2nd quarter. Marshall Wace LLP now owns 269,401 shares of the company’s stock valued at $3,206,000 after purchasing an additional 98,925 shares in the last quarter. Institutional investors and hedge funds own 19.97% of the company’s stock.

Spire Global Price Performance

Shares of Spire Global stock opened at $13.17 on Monday. The firm has a market cap of $515.21 million, a PE ratio of -4.93 and a beta of 2.55. Spire Global has a 52 week low of $6.60 and a 52 week high of $25.93. The business’s fifty day simple moving average is $14.23 and its 200-day simple moving average is $15.07.

Spire Global (NYSE:SPIR) last issued its quarterly earnings data on Wednesday, August 12th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($0.05). Spire Global had a negative net margin of 145.22% and a negative return on equity of 54.03%. The company had revenue of $18.05 million during the quarter, compared to analysts’ expectations of $18.53 million. Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. As a group, equities analysts expect that Spire Global will post -1.5 earnings per share for the current year.

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.