Spire Global (SPIR) to Release Quarterly Earnings on Wednesday

Spire Global (NYSE:SPIR) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 13th. Analysts expect the company to announce earnings of ($0.46) per share and revenue of $18.94 million for the quarter.

Spire Global Stock Performance

Shares of NYSE SPIR opened at $9.54 on Tuesday. The stock has a fifty day moving average price of $10.96 and a two-hundred day moving average price of $11.01. The firm has a market cap of $296.41 million, a P/E ratio of -2.74 and a beta of 2.38. Spire Global has a 1 year low of $6.26 and a 1 year high of $21.43.

Insider Activity at Spire Global

In other news, Chairman Peter Platzer sold 20,799 shares of the company’s stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $10.92, for a total value of $227,125.08. Following the sale, the chairman directly owned 1,593,400 shares in the company, valued at approximately $17,399,928. This represents a 1.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Stephen Messer sold 16,660 shares of the company’s stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $10.85, for a total value of $180,761.00. Following the completion of the sale, the director owned 82,062 shares in the company, valued at approximately $890,372.70. This represents a 16.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 193,557 shares of company stock worth $2,259,464. Corporate insiders own 14.68% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Spire Global stock. Royal Bank of Canada lifted its position in Spire Global, Inc. (NYSE:SPIR) by 164.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,728 shares of the company’s stock after buying an additional 29,066 shares during the period. Royal Bank of Canada owned about 0.15% of Spire Global worth $378,000 as of its most recent SEC filing. 19.97% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

SPIR has been the subject of a number of research analyst reports. Canaccord Genuity Group increased their target price on Spire Global from $15.50 to $16.00 and gave the company a “buy” rating in a report on Tuesday, April 29th. Robert W. Baird increased their target price on Spire Global from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Thursday, May 15th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $18.20.

About Spire Global

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.