Spire Global (NYSE:SPIR) Releases Q1 2025 Earnings Guidance

Spire Global (NYSE:SPIR) updated its first quarter 2025 earnings guidance on Monday. The company provided earnings per share guidance of -0.650–0.630 for the period, compared to the consensus earnings per share estimate of -0.460. The company issued revenue guidance of $22.0 million-$24.0 million, compared to the consensus revenue estimate of $28.3 million.

Spire Global Stock Performance

NYSE SPIR opened at $8.11 on Tuesday. The company has a market capitalization of $208.71 million, a PE ratio of -2.33 and a beta of 2.34. Spire Global has a 52-week low of $6.26 and a 52-week high of $21.43. The company has a 50-day simple moving average of $12.92 and a 200 day simple moving average of $12.57.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Robert W. Baird raised their target price on Spire Global from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 5th. Canaccord Genuity Group dropped their price objective on shares of Spire Global from $15.00 to $14.50 and set a “buy” rating on the stock in a report on Friday, March 14th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $18.30.

Insider Activity

In other Spire Global news, Chairman Peter Platzer sold 51,346 shares of the company’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $11.27, for a total value of $578,669.42. Following the transaction, the chairman now directly owns 1,840,357 shares in the company, valued at $20,740,823.39. This represents a 2.71 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Leonardo Basola sold 14,228 shares of Spire Global stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $11.27, for a total value of $160,349.56. Following the sale, the chief financial officer now owns 222,251 shares of the company’s stock, valued at approximately $2,504,768.77. This trade represents a 6.02 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 268,021 shares of company stock worth $2,816,590. 17.11% of the stock is owned by company insiders.

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.