Spire Global (SPIR) Projected to Post 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) will likely be posting its Q2 2025 quarterly earnings results after the market closes on Wednesday, August 13th. Analysts expect Spire Global to post earnings of ($0.46) per share and revenue of $18.94 million for the quarter.

Spire Global Trading Down 0.8%

Shares of SPIR stock opened at $9.81 on Wednesday. The firm has a market capitalization of $304.89 million, a PE ratio of -2.82 and a beta of 2.38. The firm has a fifty day simple moving average of $11.05 and a two-hundred day simple moving average of $11.32. Spire Global has a 12 month low of $6.26 and a 12 month high of $21.43.

Insider Activity

In other news, Director Stephen Messer sold 16,660 shares of the firm's stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $10.85, for a total value of $180,761.00. Following the completion of the transaction, the director directly owned 82,062 shares in the company, valued at approximately $890,372.70. This trade represents a 16.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Peter Platzer sold 20,799 shares of the firm's stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $10.92, for a total transaction of $227,125.08. Following the completion of the transaction, the chairman owned 1,593,400 shares of the company's stock, valued at $17,399,928. This trade represents a 1.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 193,557 shares of company stock worth $2,259,464. Insiders own 14.68% of the company's stock.

Hedge Funds Weigh In On Spire Global

An institutional investor recently raised its position in Spire Global stock. Royal Bank of Canada increased its position in Spire Global, Inc. (NYSE:SPIR - Free Report) by 164.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,728 shares of the company's stock after acquiring 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 quarter. 19.97% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SPIR has been the subject of several recent analyst reports. Robert W. Baird upped their target price on shares of Spire Global from $11.00 to $13.00 and gave the stock a "neutral" rating in a research note on Thursday, May 15th. Canaccord Genuity Group upped their target price on shares of Spire Global from $15.50 to $16.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $18.20.

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.

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