Spire GlobalSPIR
SPIR
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
71% more repeat investments, than reductions
Existing positions increased: 24 | 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]
1.34% more ownership
Funds ownership: 30.63% [Q2] → 31.97% (+1.34%) [Q3]
4% less capital invested
Capital invested by funds: $80.7M [Q2] → $77.7M (-$3.01M) [Q3]
3% less funds holding
Funds holding: 72 [Q2] → 70 (-2) [Q3]
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
21%
upside
Avg. target
$18
36%
upside
High target
$20
51%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Canaccord Genuity Austin Moeller 46% 1-year accuracy 18 / 39 met price target | 36%upside $18 | Buy Maintained | 15 Nov 2024 |
Craig-Hallum Jeff Van Rhee 69% 1-year accuracy 11 / 16 met price target | 51%upside $20 | Buy Upgraded | 14 Nov 2024 |
Baird Jeffrey Meuler 67% 1-year accuracy 16 / 24 met price target | 21%upside $16 | Neutral Maintained | 14 Nov 2024 |
Financial journalist opinion
Neutral
Business Wire
2 weeks ago
Spire Global Appoints Theresa Condor as CEO and Taps Aerospace Industry Veterans for Executive Team
VIENNA, Va.--(BUSINESS WIRE)---- $SPIR--Spire Global (NYSE: SPIR) (“Spire” or “the Company”) announced that Theresa Condor, who currently serves as Chief Operating Officer and a board member, has been appointed as the new Chief Executive Officer. Condor will assume the role on January 1, 2025, and Founder and CEO Peter Platzer will become Executive Chairman as part of a planned leadership transition. After 12 years at the helm of the Company, Platzer's tenure as CEO was marked with several milestones tha.
Neutral
Business Wire
3 weeks ago
Spire Global Selected by LatConnect60 to Improve Sustainable Agriculture Practices
PERTH, Australia--(BUSINESS WIRE)--Spire Global (NYSE: SPIR) (“Spire” or the “Company”), a global provider of space-based data, analytics, and space services, was selected by LatConnect60, a data and analytics company that generates vital insights from Earth Observation data, to provide Global Navigation Satellite System Reflectometry (GNSS-R) data and Soil Moisture Insights. The World Bank reports that investments in climate-resilient agriculture can yield returns of three to eight times the c.
Positive
CNBC
1 month ago
Space stocks saw big gains this week in part due to 'Trump-Elon trade' rally, analysts say
Several pure-play space stocks rallied 20% or more this week, in part driven by what sector analysts called a "Trump-Elon trade." Just this week saw Rocket Lab up 41%, Intuitive Machines up 28%, Spire Global up 26%, Planet Labs up 16%, Redwire up 15% and AST SpaceMobile up 10%.
Positive
Benzinga
1 month ago
These Analysts Boost Their Forecasts On Spire Global
Spire Global, Inc. SPIR agreed to sell its maritime business to Kpler for roughly $241 million.
Positive
The Motley Fool
1 month ago
Why Spire Global, Planet Labs, and AST SpaceMobile Stocks Rocketed Today
Why Spire Global, Planet Labs, and AST SpaceMobile Stocks Rocketed Today
Neutral
Business Wire
1 month ago
Spire Global Announces Strategic Business Update; Debt to be Eliminated
VIENNA, Va.--(BUSINESS WIRE)---- $SPIR--Spire announced an agreement to a sell its maritime business for approximately $241 million and intends to eliminate debt through sale proceeds .
Neutral
Business Wire
1 month ago
Spire Global Achieves Financial Milestone; Provides Update on Revenue Recognition Review and Restatement
VIENNA, Va.--(BUSINESS WIRE)---- $SPIR--Spire Global, Inc. (NYSE: SPIR) (“Spire” or the “Company”) announces a milestone for new contract bookings in the third quarter and provides an update on the ongoing review of its accounting practices. During the third quarter, the Company brought in $40.0 million of new contracts. This is the largest value of bookings the Company has received in a quarter. Spire entered the third quarter of 2024 with a cash and marketable securities balance of $45.8 million and en.
Neutral
Business Wire
1 month ago
Spire Global and OroraTech Awarded NASA Contract for Wildfire Monitoring
VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was awarded a concept study contract by NASA's Jet Propulsion Laboratory to develop space-based capabilities for a wildfire early detection warning and active monitoring system. Spire will partner with OroraTech, the global leader in space-based thermal intelligence, to design a comprehensive and scalable solution. Under the contract, Spi.
Neutral
Accesswire
2 months ago
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Spire Global, Inc.(SPIR) Shareholders
NEW YORK, NY / ACCESSWIRE / October 21, 2024 / If you suffered a loss on your Spire Global, Inc. (NYSE:SPIR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/spire-global-inc-lawsuit-submission-form?prid=109075&wire=1 or contact Joseph E. Levi, Esq.
Neutral
PRNewsWire
2 months ago
SPIR Investors Have Opportunity to Lead Spire Global, Inc. Securities Fraud Lawsuit
NEW YORK , Oct. 21, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Spire Global, Inc. (NYSE: SPIR) between March 6, 2024 and August 14, 2024, both dates inclusive (the "Class Period"), of the important October 21, 2024 lead plaintiff deadline. So what: If you purchased Spire Global securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
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