Spire Global (NYSE:SPIR - Get Free Report) updated its first quarter 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of -0.650--0.630 for the period, compared to the consensus estimate of -0.460. The company issued revenue guidance of $22.0 million-$24.0 million, compared to the consensus revenue estimate of $28.3 million.
Analyst Ratings Changes
Several research firms have recently weighed in on SPIR. Stifel Nicolaus dropped their price target on shares of Spire Global from $20.00 to $18.00 and set a "buy" rating for the company in a research note on Tuesday. Canaccord Genuity Group cut their target price on Spire Global from $15.00 to $14.50 and set a "buy" rating for the company in a research note on Friday, March 14th. Finally, Robert W. Baird decreased their price target on Spire Global from $13.00 to $11.00 and set a "neutral" rating on the stock in a research note on Tuesday. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $17.50.
Read Our Latest Stock Report on Spire Global
Spire Global Trading Up 0.6 %
Spire Global stock traded up $0.05 during trading on Wednesday, hitting $7.99. The company had a trading volume of 460,081 shares, compared to its average volume of 669,519. The company's 50 day simple moving average is $12.72 and its 200-day simple moving average is $12.56. Spire Global has a 1-year low of $6.26 and a 1-year high of $21.43. The stock has a market cap of $205.62 million, a price-to-earnings ratio of -2.30 and a beta of 2.34.
Insider Activity at Spire Global
In related news, CAO Boyd C. Johnson sold 11,304 shares of Spire Global stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $11.27, for a total value of $127,396.08. Following the completion of the transaction, the chief accounting officer now owns 300,304 shares in the company, valued at approximately $3,384,426.08. The trade was a 3.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Peter Platzer sold 145,600 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $10.38, for a total transaction of $1,511,328.00. Following the sale, the chairman now directly owns 1,694,757 shares in the company, valued at approximately $17,591,577.66. The trade was a 7.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 268,021 shares of company stock worth $2,816,590. 17.11% of the stock is currently owned by company insiders.
About Spire Global
(
Get Free Report)
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.
See Also
Before you consider Spire Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Spire Global wasn't on the list.
While Spire Global currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
