Spire Global (SPIR) Projected to Post Quarterly Earnings on Wednesday

Spire Global (NYSE:SPIR - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 14th. Analysts expect Spire Global to post earnings of ($0.68) per share and revenue of $20.34 million for the quarter.

Spire Global Price Performance

NYSE SPIR traded up $0.24 on Friday, hitting $9.78. 357,637 shares of the company's stock were exchanged, compared to its average volume of 492,290. The firm's 50-day moving average price is $9.13 and its two-hundred day moving average price is $12.41. Spire Global has a fifty-two week low of $6.26 and a fifty-two week high of $21.43. The firm has a market cap of $302.86 million, a price-to-earnings ratio of -2.81 and a beta of 2.39.

Insider Buying and Selling at Spire Global

In related news, Chairman Peter Platzer sold 51,346 shares of Spire Global stock in a transaction on Friday, February 21st. The shares were sold at an average price of $11.27, for a total transaction of $578,669.42. Following the sale, the chairman now owns 1,840,357 shares of the company's stock, valued at $20,740,823.39. The trade was a 2.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Boyd C. Johnson sold 11,304 shares of Spire Global stock in a transaction on Friday, February 21st. The stock was sold at an average price of $11.27, for a total transaction of $127,396.08. Following the sale, the chief accounting officer now directly owns 300,304 shares in the company, valued at $3,384,426.08. This trade represents a 3.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 295,314 shares of company stock valued at $3,069,869 over the last three months. 17.11% of the stock is owned by company insiders.

Analysts Set New Price Targets

SPIR has been the topic of several recent analyst reports. Robert W. Baird dropped their target price on Spire Global from $13.00 to $11.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 1st. Canaccord Genuity Group raised their price objective on Spire Global from $15.50 to $16.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Finally, Stifel Nicolaus cut their price target on shares of Spire Global from $20.00 to $18.00 and set a "buy" rating on the stock in a research note on Tuesday, April 1st. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $17.80.

Spire Global Company Profile

Spire Global, Inc provides subscription-based data, insights, predictive analytics, and related project-based services worldwide. The company offers satellite-based aircraft tracking data to power applications, drive decision making, and improve cost efficiencies; data, insights, and predictive analytics for highly accurate ship monitoring, real-time and near real-time vessel updates, port operations, ship safety and route optimization; and space-based data, AI-powered insights, and predictive weather analytics for accurate weather forecasting.