NYSE:SPIR

Spire Global - SPIR Stock Forecast, Price & News

$1.14

-0.01 (-0.87%)

(As of 01/27/2023 12:00 AM ET)

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Today's Range: $1.10
▼
$1.17
50-Day Range: $0.91
▼
$1.39
52-Week Range: $0.86
▼
$3.52

Volume: 321,326 shs
Average Volume: 329,759 shs
Market Capitalization: $159.61 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.43

Institutional Ownership

Spire Global MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 201.2% Upside
$3.43 Price Target
Short Interest: Bearish
4.57% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.05
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.49) to ($0.46) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.58 out of 5 stars

Aerospace Sector

38th out of 46 stocks

Communication Services, Not Elsewhere Classified Industry

7th out of 9 stocks

3.0

Analyst's Opinion

Consensus Rating
Spire Global has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.43, Spire Global has a forecasted upside of 201.2% from its current price of $1.14.
Amount of Analyst Coverage
Spire Global has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
4.57% of the float of Spire Global has been sold short.
Short Interest Ratio / Days to Cover
Spire Global has a short interest ratio ("days to cover") of 11.3, which indicates bearish sentiment.
Change versus previous month
Short interest in Spire Global has recently increased by 15.99%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Spire Global does not currently pay a dividend.
Dividend Growth
Spire Global does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SPIR.

1.7

News and Social Media Coverage

News Sentiment
Spire Global has a news sentiment score of 0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Spire Global this week, compared to 1 article on an average week.
Search Interest
Only 5 people have searched for SPIR on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Spire Global insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.70% of the stock of Spire Global is held by insiders.
Percentage Held by Institutions
Only 25.40% of the stock of Spire Global is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Spire Global are expected to grow in the coming year, from ($0.49) to ($0.46) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Spire Global is -5.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Spire Global is -5.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Spire Global has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Spire Global (NYSE:SPIR) Stock

Spire Global, Inc. develops a hardware and intelligent analytics platform that tracks the oceans, skies, and weather. It serves maritime, weather, aviation, space services, earth intelligence, and federal industries. Spire Global, Inc. has a strategic partnership with TAC Index Limited. Spire Global, Inc. was formerly known as Nanosatisfi, Inc. and changed its name to Spire Global, Inc. in July 2014. The company was incorporated in 2012 and is based in San Francisco, California with additional offices in Boulder, Colorado; Washington, D.C.; Glasgow, United Kingdom; Luxembourg; and Singapore.

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SPIR Stock News Headlines

January 28, 2023 | forbes.com

Milan Mayor’s Desire To Cut Car Use Shared By Luxury Real Estate Developers

January 27, 2023 | ft.com

South Africa’s support underscores Moscow’s propaganda success

January 28, 2023 | Porter & Company (Ad)

Is This The End of Capitalism?

EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…

January 26, 2023 | morningstar.com

Spire Global Inc Ordinary Shares - Class A

January 26, 2023 | wsj.com

Russia’s War on Ukraine Changed Global Oil Trade. Here Is What It Looks Like Now.

January 25, 2023 | marketwatch.com

Maritime Solution with Satellite AIS Data Market Latest Research Report 2023-2029

January 24, 2023 | finanznachrichten.de

Global Satellite-Based Cloud Computing Market to Reach $472.6 Million by 2032 - Exclusive DeepTech M-A-P Analysis by BIS Research

January 24, 2023 | tmcnet.com

Global Satellite-Based Cloud Computing Market to Reach $472.6 Million by 2032 - Exclusive DeepTech M-A-P™ Analysis by BIS Research

January 28, 2023 | Porter & Company (Ad)

The Next Big Crisis Is Here

You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.

January 23, 2023 | americanbankingnews.com

Contrasting Spire Global (NYSE:SPIR) & Intelsat (OTCMKTS:INTEQ)

January 19, 2023 | marketwatch.com

Push to Talk Market By Industry Research, Supply, Size, Share and Prospects 2023-2028

January 17, 2023 | msn.com

Most Space Stocks Crashed in 2022. These 3 Could Fly in 2023.

January 16, 2023 | msn.com

Edinburgh's AstroAgency overcomes Ukrainian turmoil to secure Space Agency work

January 12, 2023 | foxnews.com

Arizona rock climber rescued 200 feet up spire after leg gets stuck in rock crack

January 6, 2023 | finance.yahoo.com

Spire Global Announces Participation in ACG Next Conference

January 5, 2023 | marketwatch.com

Maritime Information Market is booming in near Future 2023-2028

January 4, 2023 | msn.com

When fishing boats go dark at sea, they’re often committing crimes – we mapped where it happens

January 3, 2023 | marketwatch.com

How and Where the Small Satellites Market is Set to Grow in forecast period 2028

December 28, 2022 | marketwatch.com

Advertising Agency Service Market (New Report) Analysis Highlighting Opportunities and Growth Status During 2023-2029 | 122 Pages Report

December 22, 2022 | nz.finance.yahoo.com

Electronic Data Interchange (EDI) Market Size to Hit $49.21 Bn, Globally, by 2027 – Exclusive Report by The Insight Partners

December 21, 2022 | finance.yahoo.com

Spire Global, Inc.'s (NYSE:SPIR) market cap dropped US$24m last week; individual investors who hold 49% were hit as were institutions

December 19, 2022 | finance.yahoo.com

Spire Global, Inc. Announces Completion of Exchange Offer and Consent Solicitation and Notice to Exercise Right to Exchange Remaining Outstanding Warrants

December 16, 2022 | marketwatch.com

Application of Nanotechnology in Satellite Market : Competitive Strategy Analysis and Forecast Values 2022-2028

December 15, 2022 | finance.yahoo.com

Spire Global, Inc. Announces Completion of Exchange Offer and Consent Solicitation and Intention to Exercise Right to Exchange Remaining Outstanding Warrants

December 14, 2022 | msn.com

Spire Global to launch six satellites on the SpaceX Transporter-6 mission

December 14, 2022 | finance.yahoo.com

Spire Global to Launch Six Satellites on SpaceX Transporter-6 Mission

December 14, 2022 | marketwatch.com

Maritime Analytics Market Massive Growth Strikes Due To Technological Innovation During 2023-2028

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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SPIR Company Calendar

Last Earnings: 11/09/2022
Today: 1/28/2023
Next Earnings (Estimated): 3/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Communication services, not elsewhere classified
Sub-Industry: N/A
Sector: Aerospace
Current Symbol: NYSE:SPIR
CUSIP: N/A
CIK: 1816017
Web: navsight.com
Phone: 202-301-5127
Fax: N/A
Employees: 269
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.43
High Stock Price Forecast: $4.30
Low Stock Price Forecast: $2.00
Forecasted Upside/Downside: +201.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.20)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-38,090,000.00
Net Margins: -28.10%
Pretax Margin: -10.10%
Return on Equity: 4.76%
Return on Assets: 2.70%

Debt

Debt-to-Equity Ratio: 0.79
Current Ratio: 3.34
Quick Ratio: 3.34

Sales & Book Value

Annual Sales: $43.38 million
Price / Sales: 3.68
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.42 per share
Price / Book: 0.80

Miscellaneous

Outstanding Shares: 140,010,000
Free Float: 132,031,000
Market Cap: $159.61 million
Optionable: Optionable
Beta: 1.22

Key Executives

Mr. Peter Platzer (Age 53)
Co-Founder, Pres, CEO & Chairman
Comp: $564.64k

Mr. Thomas Krywe (Age 51)
CFO & Treasurer
Comp: $299.45k

Ms. Theresa Condor (Age 43)
COO & Director

Mr. Jeroen Cappaert
Co-Founder & CTO

Mr. William Joel Spark
Co-Founder & Chief Satellite Architect

Mr. Benjamin Hackman
Head of Investor Relations

Mr. Boyd C. Johnson
Chief Legal Officer

Mr. Kamal Arafeh (Age 59)
Sr. VP of Global Sales

Mr. Tim Braswell
Chief People Officer

Mr. Johnny Truong
Sr. VP of Engineering

Key Competitors

View All Competitors

Insiders & Institutions

DNB Asset Management AS
Bought 33,552 shares on 1/12/2023
Ownership: 0.237%

View All Institutional Transactions

SPIR Stock - Frequently Asked Questions

Should I buy or sell Spire Global stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spire Global in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SPIR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPIR, but not buy additional shares or sell existing shares.
View SPIR analyst ratings or view top-rated stocks.
What is Spire Global's stock price forecast for 2023?: 2 brokerages have issued 1 year price targets for Spire Global's shares. Their SPIR share price forecasts range from $2.00 to $4.30. On average, they predict the company's stock price to reach $3.43 in the next twelve months. This suggests a possible upside of 201.2% from the stock's current price.
View analysts price targets for SPIR or view top-rated stocks among Wall Street analysts.
How have SPIR shares performed in 2023?: Spire Global's stock was trading at $0.96 at the beginning of 2023. Since then, SPIR stock has increased by 18.8% and is now trading at $1.14.
View the best growth stocks for 2023 here.
Are investors shorting Spire Global?: Spire Global saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 4,570,000 shares, an increase of 16.0% from the December 31st total of 3,940,000 shares. Based on an average daily trading volume, of 405,600 shares, the short-interest ratio is presently 11.3 days. Approximately 4.6% of the company's stock are sold short.
View Spire Global's Short Interest.
When is Spire Global's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023.
View our SPIR earnings forecast.
How were Spire Global's earnings last quarter?: Spire Global, Inc. (NYSE:SPIR) posted its quarterly earnings results on Wednesday, November, 9th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of ($0.12) by $0.02. The business had revenue of $20.42 million for the quarter, compared to the consensus estimate of $20.06 million. Spire Global had a positive trailing twelve-month return on equity of 4.76% and a negative net margin of 28.10%.

What is Spire Global's stock symbol?: Spire Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPIR."
Who are Spire Global's major shareholders?: Spire Global's stock is owned by a number of institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.24%).
How do I buy shares of Spire Global?: Shares of SPIR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Spire Global's stock price today?: One share of SPIR stock can currently be purchased for approximately $1.14.
How much money does Spire Global make?: Spire Global (NYSE:SPIR) has a market capitalization of $159.61 million and generates $43.38 million in revenue each year. The company earns $-38,090,000.00 in net income (profit) each year or ($0.20) on an earnings per share basis.
How many employees does Spire Global have?: The company employs 269 workers across the globe.
How can I contact Spire Global?: Spire Global's mailing address is 2020 Sunrise Valley Drive, Reston, Virginia 20191. The official website for the company is navsight.com. The company can be reached via phone at 202-301-5127 or via email at benjamin.hackman@spire.com.

This page (NYSE:SPIR) was last updated on 1/28/2023 by MarketBeat.com Staff

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Spire Global - SPIR Stock Forecast, Price & News

Spire Global MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Spire Global (NYSE:SPIR) Stock

SPIR Stock News Headlines

SPIR Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SPIR Stock - Frequently Asked Questions

Overall MarketRank^™