Spire Global, Inc. (NYSE:SPIR - Get Free Report) Director Stephen Messer sold 17,986 shares of Spire Global stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $14.06, for a total value of $252,883.16. Following the sale, the director owned 83,667 shares of the company's stock, valued at approximately $1,176,358.02. This represents a 17.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Spire Global Trading Down 1.1%
Shares of SPIR stock opened at $13.72 on Wednesday. The company has a market capitalization of $536.57 million, a price-to-earnings ratio of -5.14 and a beta of 2.55. The firm has a 50-day moving average price of $14.53 and a 200 day moving average price of $15.00. Spire Global, Inc. has a twelve month low of $6.60 and a twelve month high of $25.93.
Spire Global (NYSE:SPIR - Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported ($0.31) EPS for the quarter, missing analysts' consensus estimates of ($0.26) by ($0.05). The firm had revenue of $18.05 million for the quarter, compared to analysts' expectations of $18.53 million. Spire Global had a negative return on equity of 54.03% and a negative net margin of 145.22%.Spire Global has set its FY 2026 guidance at -0.950--0.810 EPS. As a group, research analysts predict that Spire Global, Inc. will post -1.5 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on SPIR. Wall Street Zen upgraded Spire Global from a "strong sell" rating to a "sell" rating in a report on Saturday, August 15th. Canaccord Genuity Group set a $22.50 price objective on Spire Global and gave the stock a "buy" rating in a report on Thursday, May 14th. Alliance Global Partners reaffirmed a "neutral" rating on shares of Spire Global in a research report on Thursday, May 14th. Weiss Ratings downgraded Spire Global from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, August 13th. Finally, Benchmark reiterated a "buy" rating on shares of Spire Global in a research note on Monday, August 3rd. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Spire Global currently has a consensus rating of "Moderate Buy" and a consensus price target of $16.70.
View Our Latest Stock Report on Spire Global
Key Spire Global News
Here are the key news stories impacting Spire Global this week:
- Positive Sentiment: Spire Global secured a roughly €4 million, one-year contract renewal and expansion from EUMETSAT, Europe’s meteorological satellite agency. The agreement expands Spire’s delivery of satellite-based radio occultation weather data and builds on a previously announced approximately €3 million contract, improving revenue visibility and validating demand for the company’s weather-intelligence products. EUMETSAT contract announcement
- Neutral Sentiment: Several senior executives—including the CEO, CFO, COO, CTO and chairman—sold shares on August 20 at approximately $14.09 each to cover tax-withholding obligations tied to vested equity awards. Collectively, they sold 39,361 shares worth about $554,600, but continued to hold substantial stakes in SPIR. SEC insider transaction filing
- Negative Sentiment: Director Stephen Messer separately sold 17,986 Class A shares for approximately $252,883, reducing his position by 17.69% to 83,667 shares. Because the filing does not identify the transaction as tax-related, the larger proportional reduction could create additional near-term selling pressure or raise questions about insider conviction. Stephen Messer insider sale
- Negative Sentiment: The contract news is being offset by Spire Global’s ongoing financial risk. The company recently missed quarterly EPS and revenue expectations, remains unprofitable, and has negative margins. Analysts expect a full-year loss, making execution on new contracts important for supporting the stock’s valuation.
Hedge Funds Weigh In On Spire Global
Institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada boosted its holdings in shares of Spire Global by 164.6% in the 1st quarter. Royal Bank of Canada now owns 46,728 shares of the company's stock valued at $378,000 after purchasing an additional 29,066 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Spire Global by 78.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 19,119 shares of the company's stock worth $228,000 after buying an additional 8,395 shares during the last quarter. Rhumbline Advisers raised its position in shares of Spire Global by 22.3% in the 2nd quarter. Rhumbline Advisers now owns 39,240 shares of the company's stock worth $467,000 after buying an additional 7,165 shares during the period. Invesco Ltd. raised its position in shares of Spire Global by 19.5% in the 2nd quarter. Invesco Ltd. now owns 12,623 shares of the company's stock worth $150,000 after buying an additional 2,062 shares during the period. Finally, Marshall Wace LLP grew its position in Spire Global by 58.0% during the second quarter. Marshall Wace LLP now owns 269,401 shares of the company's stock valued at $3,206,000 after acquiring an additional 98,925 shares during the period. Institutional investors and hedge funds own 19.97% of the company's stock.
Spire Global Company Profile
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Get Free Report)
Spire Global (NYSE: SPIR) is a space-to-cloud data and analytics company that operates a constellation of low Earth orbit nanosatellites to collect radio occultation, maritime Automatic Identification System (AIS), and aviation tracking data. By leveraging proprietary satellite hardware and ground infrastructure, Spire captures precise, near-real-time observations of Earth's atmosphere, oceans, and surface traffic to power downstream analytics for weather forecasting, fleet optimization, and safety monitoring.
The company's core offerings include weather and climate intelligence derived from GPS radio occultation, which enhances numerical weather prediction models; maritime domain awareness services that track vessel movements and supply chain dynamics; and aviation analytics that monitor air traffic for efficiency and security applications.
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