Spire Global (SPIR) to Release Quarterly Earnings on Wednesday

Spire Global (NYSE:SPIR) is expected to be releasing its Q2 2025 earnings data 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 0.7%

SPIR stock opened at $9.54 on Tuesday. The stock has a 50-day moving average price of $10.96 and a two-hundred day moving average price of $11.01. The stock has a market cap of $296.41 million, a PE ratio of -2.74 and a beta of 2.38. Spire Global has a 1 year low of $6.26 and a 1 year high of $21.43.

Insiders Place Their Bets

In related news, Chairman Peter Platzer sold 20,799 shares of the business’s stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $10.92, for a total value of $227,125.08. Following the sale, the chairman owned 1,593,400 shares of the company’s stock, valued at $17,399,928. The trade was a 1.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 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 completion of the sale, the director directly owned 82,062 shares in the company, valued at approximately $890,372.70. This represents a 16.88% decrease in their position. The disclosure for this sale can be found here. In 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

A hedge fund recently raised its stake in Spire Global stock. Royal Bank of Canada increased its holdings in Spire Global, Inc. (NYSE:SPIR) by 164.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,728 shares of the company’s stock after acquiring an additional 29,066 shares during the period. Royal Bank of Canada owned about 0.15% of Spire Global worth $378,000 at the end of the most recent quarter. Institutional investors and hedge funds own 19.97% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on SPIR shares. Robert W. Baird increased their price objective 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 raised their target price on shares of Spire Global from $15.50 to $16.00 and gave the company a “buy” rating in a research note on Tuesday, April 29th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.