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

Key Points

• Spire Global is set to announce its Q2 2025 earnings on August 13th, with analysts predicting a loss of ($0.46) per share and revenue of $18.94 million.
• Insider trading activity showed that directors sold a total of 37,459 shares recently, indicating a decrease in ownership among key executives.
• Amidst analyst upgrades, Spire Global currently holds an average rating of "Moderate Buy" with an average target price of $18.20.

Spire Global (NYSE:SPIR - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 13th. Analysts expect the company to announce earnings of ($0.46) per share and revenue of $18.94 million for the quarter.

Spire Global Stock Performance

Spire Global stock traded up $0.01 during midday trading on Friday, reaching $9.59. 411,758 shares of the company's stock were exchanged, compared to its average volume of 541,075. Spire Global has a 52 week low of $6.26 and a 52 week high of $21.43. The firm has a market cap of $298.06 million, a price-to-earnings ratio of -2.76 and a beta of 2.38. The stock's 50-day simple moving average is $10.99 and its 200 day simple moving average is $11.13.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on SPIR. Robert W. Baird raised their price objective on shares of Spire Global from $11.00 to $13.00 and gave the stock a "neutral" rating in a research report on Thursday, May 15th. Canaccord Genuity Group raised their price objective on shares of Spire Global from $15.50 to $16.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $18.20.

Insider Activity at Spire Global

In other Spire Global news, Chairman Peter Platzer sold 130,191 shares of the business's stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of $12.25, for a total transaction of $1,594,839.75. Following the completion of the transaction, the chairman directly owned 1,614,199 shares in the company, valued at $19,773,937.75. The trade was a 7.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Stephen Messer sold 16,660 shares of the business's stock in a transaction on Friday, June 13th. The stock was sold at an average price of $10.85, for a total transaction of $180,761.00. Following the sale, the director directly owned 82,062 shares in the company, valued at approximately $890,372.70. The trade was a 16.88% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 193,557 shares of company stock valued at $2,259,464. Company insiders own 14.68% of the company's stock.

Institutional Trading of Spire Global

A hedge fund recently raised its stake in Spire Global stock. Royal Bank of Canada lifted its stake in shares of Spire Global, Inc. (NYSE:SPIR - Free Report) by 164.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,728 shares of the company's stock after purchasing an additional 29,066 shares during the quarter. Royal Bank of Canada owned about 0.15% of Spire Global worth $378,000 at the end of the most recent reporting period. Institutional investors own 19.97% of the company's stock.

About Spire Global

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.