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

Key Points

• Spire Global updated FY 2026 guidance, projecting EPS of -$0.93 to -$0.79 versus the consensus estimate of -$1.18. Revenue guidance was set at $75 million to $85 million, slightly ahead of the $78.7 million estimate at the midpoint.
• The stock fell 5.4% after the guidance update, despite trading near its 12-month high of $25.93. Shares opened at $24.10, well above both the 50-day and 200-day moving averages.
• Recent corporate activity included insider selling by Chairman Peter Platzer and CFO Alison K. Engel, both tied to tax withholding on vested equity awards. Analysts remain mixed overall, with a consensus rating of Moderate Buy and an average price target of $16.30.

Spire Global (NYSE:SPIR - Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of -0.930--0.790 for the period, compared to the consensus EPS 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.

Spire Global Stock Down 5.4%

NYSE:SPIR opened at $24.10 on Friday. The stock's 50-day simple moving average is $17.54 and its 200 day simple moving average is $12.31. The firm has a market capitalization of $932.76 million, a PE ratio of 15.35 and a beta of 2.42. Spire Global has a twelve month low of $6.60 and a twelve month high of $25.93.

Spire Global (NYSE:SPIR - Get Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported ($0.37) earnings per share for the quarter, beating the consensus estimate of ($0.38) by $0.01. Spire Global had a negative return on equity of 34.05% and a net margin of 77.12%.The business had revenue of $13.92 million for the quarter, compared to analyst estimates of $15.08 million. On average, analysts anticipate that Spire Global will post -1.39 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on SPIR. Weiss Ratings lowered Spire Global from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, May 15th. Alliance Global Partners reissued a "neutral" rating on shares of Spire Global in a research note on Thursday, May 14th. Canaccord Genuity Group set a $22.50 price target on Spire Global and gave the company a "buy" rating in a research note 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, April 25th. Finally, Stifel Nicolaus set a $22.00 price target on Spire Global and gave the company a "buy" rating in a research note on Thursday, May 14th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $16.30.

Insider Buying and Selling

In related news, Chairman Peter Platzer sold 7,184 shares of Spire Global stock in a transaction that occurred 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 transaction, the chairman directly owned 1,478,568 shares of the company's stock, valued at $28,211,077.44. The trade was a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Alison K. Engel sold 12,702 shares of Spire Global stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $19.08, for a total value of $242,354.16. Following the completion of the transaction, the chief financial officer directly owned 265,838 shares in the company, valued at approximately $5,072,189.04. This represents a 4.56% 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 58,299 shares of company stock valued at $1,091,038 over the last 90 days. 13.04% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Spire Global

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets increased its holdings in 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 purchasing an additional 1,260 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Spire Global by 12.7% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,025 shares of the company's stock worth $179,000 after purchasing an additional 1,695 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in Spire Global by 71.2% in the second quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company's stock worth $49,000 after purchasing an additional 1,699 shares in the last quarter. Invesco Ltd. increased its holdings in Spire Global by 19.5% in the second quarter. Invesco Ltd. now owns 12,623 shares of the company's stock worth $150,000 after purchasing an additional 2,062 shares in the last quarter. Finally, Osaic Holdings Inc. bought a new stake in Spire Global in the second quarter worth approximately $25,000. 19.97% of the stock is owned by institutional investors and hedge funds.

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.

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