Shares of Spire Global, Inc. (NYSE:SPIR – Get Free Report) have earned a consensus recommendation of “Hold” from the seven research firms that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $13.67.
Several brokerages have recently commented on SPIR. Robert W. Baird reaffirmed a “neutral” rating and issued a $9.00 price target (down previously from $15.00) on shares of Spire Global in a research note on Thursday, August 15th. Raymond James reiterated a “market perform” rating on shares of Spire Global in a report on Wednesday, August 28th. Baird R W cut Spire Global from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 15th. Craig Hallum cut Spire Global from a “buy” rating to a “hold” rating and dropped their price objective for the company from $13.00 to $8.00 in a research note on Thursday, August 15th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a $12.00 target price (down previously from $20.00) on shares of Spire Global in a research note on Tuesday, September 10th.
Read Our Latest Analysis on SPIR
Institutional Inflows and Outflows
Spire Global Stock Up 8.1 %
Shares of NYSE SPIR opened at $10.70 on Friday. The company has a market capitalization of $260.22 million, a P/E ratio of -3.07 and a beta of 1.97. The company has a debt-to-equity ratio of 1.35, a current ratio of 2.24 and a quick ratio of 2.24. The company has a 50 day simple moving average of $9.32 and a 200-day simple moving average of $10.13. Spire Global has a 1 year low of $3.61 and a 1 year high of $19.40.
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.
See Also
- Five stocks we like better than Spire Global
- Stock Market Sectors: What Are They and How Many Are There?
- Energy Vault Soars 100%: CEO Shares Why in MarketBeat Exclusive
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Meta’s Q3 Earnings Beat—Is This Dip a Golden Entry Opportunity?
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Top Nuclear Stocks Thriving on Soaring Energy Demand
Receive News & Ratings for Spire Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spire Global and related companies with MarketBeat.com's FREE daily email newsletter.