Spire GlobalSPIR
About: Spire Global Inc is a provider of space-based data, analytics, and Space Services, offering datasets and powerful insights about Earth from the ultimate vantage point of space so that organizations can make decisions with confidence, accuracy, and speed. It generates revenue from four solutions: Maritime, Aviation, Weather, and Space Services. It offers the following three data solutions to customers; Maritime-precise space-based data used for accurate ship monitoring, ship safety, and route optimization, Aviation-precise space-based data used for accurate aircraft monitoring, aircraft safety, and route optimization, and Weather-precise space-based data used for accurate weather forecasting.
Employees: 430
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
39% more call options, than puts
Call options by funds: $2.76M | Put options by funds: $1.99M
33% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]
1.29% more ownership
Funds ownership: 30.63% [Q2] → 31.92% (+1.29%) [Q3]
4% less capital invested
Capital invested by funds: $80.7M [Q2] → $77.5M (-$3.2M) [Q3]
4% less funds holding
Funds holding: 72 [Q2] → 69 (-3) [Q3]
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Canaccord Genuity Austin Moeller 49% 1-year accuracy 17 / 35 met price target | 34%upside $18 | Buy Maintained | 15 Nov 2024 |
Craig-Hallum Jeff Van Rhee 56% 1-year accuracy 9 / 16 met price target | 48%upside $20 | Buy Upgraded | 14 Nov 2024 |
Baird Jeffrey Meuler 82% 1-year accuracy 18 / 22 met price target | 19%upside $16 | Neutral Maintained | 14 Nov 2024 |
Canaccord Genuity Austin Moeller 49% 1-year accuracy 17 / 35 met price target | 11%downside $12 | Buy Assumed | 10 Sept 2024 |
Financial journalist opinion
Based on 28 articles about SPIR published over the past 30 days