Spire Global (NYSE:SPIR) Updates FY 2026 Earnings Guidance

Spire Global (NYSE:SPIR) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of -0.930–0.790 for the period, compared to the consensus estimate of -1.180. The company issued revenue guidance of $75.0 million-$85.0 million, compared to the consensus revenue estimate of $78.7 million.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on SPIR shares. Weiss Ratings downgraded shares of Spire Global from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 15th. Wall Street Zen upgraded shares of Spire Global from a “strong sell” rating to a “sell” rating in a report on Saturday, April 25th. Stifel Nicolaus set a $22.00 price objective on Spire Global and gave the company a “buy” rating in a report on Thursday, May 14th. Alliance Global Partners reissued a “neutral” rating on shares of Spire Global in a research note on Thursday, May 14th. Finally, Canaccord Genuity Group set a $22.50 price target on Spire Global and gave the stock a “buy” rating in a report on Thursday, May 14th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $16.30.

Spire Global Stock Down 8.0%

Shares of Spire Global stock opened at $22.18 on Friday. The firm’s 50 day moving average is $17.54 and its two-hundred day moving average is $12.31. Spire Global has a 52 week low of $6.60 and a 52 week high of $25.93. The firm has a market capitalization of $858.70 million, a P/E ratio of 14.13 and a beta of 2.42.

Spire Global (NYSE:SPIR) last announced its quarterly earnings results on Wednesday, May 13th. The company reported ($0.37) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.38) by $0.01. The firm had revenue of $13.92 million during the quarter, compared to analysts’ expectations of $15.08 million. Spire Global had a net margin of 77.12% and a negative return on equity of 34.05%. As a group, research analysts expect that Spire Global will post -1.39 earnings per share for the current fiscal year.

Insider Activity

In other news, CTO Johann Gabriel Oehme sold 3,107 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $19.07, for a total value of $59,250.49. Following the completion of the transaction, the chief technology officer owned 218,096 shares in the company, valued at $4,159,090.72. This trade represents a 1.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 on Wednesday, May 20th. The stock was sold at an average price of $19.08, for a total value of $137,070.72. Following the completion of the transaction, the chairman directly owned 1,478,568 shares of the company’s stock, valued at approximately $28,211,077.44. This trade represents a 0.48% 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 a total of 58,299 shares of company stock worth $1,091,038 over the last ninety days. 13.04% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Spire Global

Institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC acquired a new stake in Spire Global in the 4th quarter worth about $89,000. XTX Topco Ltd increased its position in Spire Global by 26.8% during the fourth quarter. XTX Topco Ltd now owns 55,702 shares of the company’s stock worth $418,000 after purchasing an additional 11,780 shares during the last quarter. Tudor Investment Corp ET AL increased its position in Spire Global by 24.0% during the fourth quarter. Tudor Investment Corp ET AL now owns 44,651 shares of the company’s stock worth $335,000 after purchasing an additional 8,635 shares during the last quarter. Quadrature Capital Ltd purchased a new position in Spire Global during the fourth quarter worth approximately $193,000. Finally, Engineers Gate Manager LP acquired a new position in shares of Spire Global in the 4th quarter valued at $154,000. 19.97% of the stock is currently owned by institutional investors and hedge funds.

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.