Spire Global (SPIR)

• Market cap: $266M
• 1 day: -6.17%
• 5 days: -5.45%
• 1 month: -39.82%
• 3 months: -29.83%
• 6 months: 50.90%
• Year to date: -24.50%
• 1 year: -4.20%
• 5 years: 49.05%
• 10 years: 49.05%
• Sector: Communication Services
• Industry: Communications Services

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 Q4 regulatory filings by fund managers ($100M+ AUM)

175% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 8

102% more call options, than puts

Call options by funds: $3.78M | Put options by funds: $1.87M

38% more capital invested

Capital invested by funds: $77.8M [Q3] → $108M (+$29.8M) [Q4]

33% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 18

20% more funds holding

Funds holding: 70 [Q3] → 84 (+14) [Q4]

0.57% less ownership

Funds ownership: 32.01% [Q3] → 31.44% (-0.57%) [Q4]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q3] → 3 (-1) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $11 1% upside
• Avg. target: $11.25 3% upside
• High target: $11.50 5% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Baird Jeffrey Meuler 74% 1-year accuracy 17 / 23 met price target	1% upside $11	Neutral Maintained	19 Feb 2025
Canaccord Genuity Austin Moeller 33% 1-year accuracy 16 / 49 met price target	5% upside $11.50	Buy Maintained	13 Feb 2025