Spire Global (NYSE:SPIR – Get Free Report) updated its second quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of -0.490–0.420 for the period, compared to the consensus estimate of -0.540. The company issued revenue guidance of $18.0 million-$20.0 million, compared to the consensus revenue estimate of $20.0 million. Spire Global also updated its FY 2025 guidance to -1.800–1.510 EPS.
Analyst Ratings Changes
A number of research firms recently issued reports on SPIR. Canaccord Genuity Group raised their price objective on shares of Spire Global from $15.50 to $16.00 and gave the stock a “buy” rating in a report on Tuesday, April 29th. Robert W. Baird decreased their price target on shares of Spire Global from $13.00 to $11.00 and set a “neutral” rating for the company in a research note on Tuesday, April 1st. Finally, Stifel Nicolaus lowered their price target on shares of Spire Global from $20.00 to $18.00 and set a “buy” rating on the stock in a report on Tuesday, April 1st. Three equities research 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 has a consensus rating of “Moderate Buy” and an average target price of $17.80.
View Our Latest Research Report on Spire Global
Spire Global Stock Performance
Insiders Place Their Bets
In other news, Chairman Peter Platzer sold 27,564 shares of the firm’s stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $8.57, for a total value of $236,223.48. Following the completion of the transaction, the chairman now directly owns 1,615,902 shares of the company’s stock, valued at $13,848,280.14. This trade represents a 1.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Leonardo Basola sold 14,228 shares of Spire Global stock in a transaction on Friday, February 21st. The shares were sold at an average price of $11.27, for a total value of $160,349.56. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 295,314 shares of company stock worth $3,069,869 over the last quarter. 17.11% of the stock is currently 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.
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