Spire Global, Inc. (NYSE:SPIR) Receives Average Recommendation of “Moderate Buy” from Brokerages

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

A number of brokerages recently weighed in on SPIR. Canaccord Genuity Group set a $22.50 target price on Spire Global and gave the company a “buy” rating in a report on Thursday, May 14th. Wall Street Zen raised Spire Global from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 15th. Alliance Global Partners reiterated a “neutral” rating on shares of Spire Global in a report on Thursday, May 14th. Benchmark restated a “buy” rating on shares of Spire Global in a report on Monday, August 3rd. Finally, Stifel Nicolaus set a $24.00 price objective on shares of Spire Global and gave the stock a “buy” rating in a research note on Thursday, June 4th.

Spire Global Stock Performance

Shares of SPIR stock opened at $11.99 on Monday. The firm has a market capitalization of $469.05 million, a price-to-earnings ratio of -4.49 and a beta of 2.58. Spire Global has a one year low of $6.60 and a one year high of $25.93. The company has a 50 day moving average price of $13.77 and a 200 day moving average price of $15.16.

Spire Global (NYSE:SPIR) last announced 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 net margin of 145.22% and a negative return on equity of 54.03%. Spire Global has set its FY 2026 guidance at -0.950–0.810 EPS. As a group, equities analysts forecast that Spire Global will post -1.5 EPS for the current fiscal year.

Insider Activity

In other news, CTO Johann Oehme sold 2,989 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 value of $42,115.01. Following the completion of the sale, the chief technology officer owned 215,107 shares in the company, valued at approximately $3,030,857.63. This trade represents a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 sale, the chief executive officer owned 948,686 shares in the company, valued at approximately $13,366,985.74. The trade was a 2.32% 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 sold 57,347 shares of company stock worth $807,480 in the last quarter. Insiders own 13.04% of the company’s stock.

Institutional Trading of Spire Global

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

About Spire Global

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.