Spire Global (NYSE:SPIR) Releases FY 2025 Earnings Guidance

Spire Global (NYSE:SPIR) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of -1.800–1.510 for the period, compared to the consensus estimate of -1.580. The company issued revenue guidance of $85.0 million-$95.0 million, compared to the consensus revenue estimate of $90.3 million. Spire Global also updated its Q2 2025 guidance to -0.490–0.420 EPS.

Spire Global Stock Performance

Shares of NYSE SPIR opened at $11.72 on Friday. Spire Global has a 52-week low of $6.26 and a 52-week high of $21.43. The firm has a 50 day moving average price of $9.12 and a two-hundred day moving average price of $12.40. The stock has a market cap of $362.93 million, a P/E ratio of -3.37 and a beta of 2.39.

Analysts Set New Price Targets

SPIR has been the subject of several recent research reports. Canaccord Genuity Group upped their price target on shares of Spire Global from $15.50 to $16.00 and gave the company a “buy” rating in a research report on Tuesday, April 29th. Robert W. Baird upped their price target on shares of Spire Global from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Stifel Nicolaus reduced their price objective on shares of Spire Global from $20.00 to $18.00 and set a “buy” rating on the stock in a research note on Tuesday, April 1st. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Spire Global has an average rating of “Moderate Buy” and an average target price of $18.20.

Insider Activity

In related news, CFO Leonardo Basola sold 14,228 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $11.27, for a total transaction of $160,349.56. Following the transaction, the chief financial officer now directly owns 222,251 shares of the company’s stock, valued at $2,504,768.77. This represents a 6.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Peter Platzer sold 145,600 shares of the stock in a transaction 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 transaction, the chairman now directly owns 1,694,757 shares in the company, valued at approximately $17,591,577.66. This represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 295,314 shares of company stock valued at $3,069,869. 17.11% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Spire Global stock. Royal Bank of Canada increased its stake in shares of Spire Global, Inc. (NYSE:SPIR) by 164.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,728 shares of the company’s stock after acquiring an additional 29,066 shares during the quarter. Royal Bank of Canada owned approximately 0.15% of Spire Global worth $378,000 at the end of the most recent quarter. Institutional investors own 19.97% of the company’s stock.

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.