Spire Global, Inc. (NYSE:SPIR) Given Consensus Rating of "Hold" by Analysts

Key Points

• Analyst consensus: Six brokerages give Spire Global a consensus rating of Hold (1 sell, 2 hold, 3 buy) with an average 1‑year price target of $12.42.
• Insider selling: CEO Theresa Condor sold 41,712 shares and Chairman Peter Platzer sold 58,428 shares on Feb. 20, and insiders have sold 119,274 shares in the last 90 days (~$1.02M), though insiders still own 14.68% of shares.
• Stock snapshot: SPIR opened at $9.60, with a market cap of about $317.8M, a P/E of 25.26, a 1‑year range of $6.60–$14.52, and is trading near its 50‑ and 200‑day SMAs (~$10.08 and $9.91).

Spire Global, Inc. (NYSE:SPIR - Get Free Report) has been given an average rating of "Hold" by the six brokerages that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $12.4167.

A number of brokerages recently commented on SPIR. iA Financial set a $9.00 target price on Spire Global in a research note on Tuesday, December 23rd. Alliance Global Partners lowered shares of Spire Global from a "buy" rating to a "neutral" rating and decreased their price target for the company from $17.00 to $9.00 in a report on Tuesday, December 23rd. Stifel Nicolaus set a $14.00 price target on Spire Global and gave the company a "buy" rating in a report on Thursday, December 18th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Spire Global in a research report on Monday, December 22nd. Finally, Wall Street Zen lowered Spire Global from a "hold" rating to a "strong sell" rating in a research note on Sunday, December 21st.

Spire Global Stock Performance

SPIR stock opened at $9.60 on Friday. The firm has a market cap of $317.76 million, a P/E ratio of 25.26 and a beta of 2.50. Spire Global has a 1 year low of $6.60 and a 1 year high of $14.52. The stock has a 50-day simple moving average of $10.08 and a 200-day simple moving average of $9.91.

Insider Buying and Selling at Spire Global

In related news, CEO Theresa Condor sold 41,712 shares of the firm's stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $8.53, for a total value of $355,803.36. Following the sale, the chief executive officer directly owned 1,116,581 shares of the company's stock, valued at $9,524,435.93. This trade represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman Peter Platzer sold 58,428 shares of Spire Global stock in a transaction on Friday, February 20th. The stock was sold at an average price of $8.53, for a total transaction of $498,390.84. Following the completion of the transaction, the chairman owned 1,693,603 shares in the company, valued at approximately $14,446,433.59. The trade was a 3.33% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 119,274 shares of company stock valued at $1,017,407. 14.68% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Spire Global

A number of institutional investors and hedge funds have recently made changes to their positions in SPIR. Osaic Holdings Inc. purchased a new stake in shares of Spire Global during the second quarter valued at approximately $25,000. Russell Investments Group Ltd. bought a new position in shares of Spire Global in the 3rd quarter worth approximately $25,000. BNP Paribas Financial Markets boosted its holdings in shares of Spire Global by 84.6% in the second quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company's stock worth $33,000 after buying an additional 1,260 shares during the last quarter. Atlantic Private Wealth LLC grew its position in Spire Global by 50.0% during the third quarter. Atlantic Private Wealth LLC now owns 3,000 shares of the company's stock valued at $33,000 after buying an additional 1,000 shares during the period. Finally, Tower Research Capital LLC TRC increased its holdings in Spire Global by 71.2% during the second 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 last quarter. Institutional investors 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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