Spire Global (NYSE:SPIR – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of -0.930–0.790 for the period, compared to the consensus estimate of -1.180. The company issued revenue guidance of $75.0 million-$85.0 million, compared to the consensus revenue estimate of $78.7 million.
Spire Global Trading Down 5.4%
SPIR stock opened at $24.10 on Friday. The stock’s fifty day simple moving average is $17.54 and its two-hundred day simple moving average is $12.31. Spire Global has a 1-year low of $6.60 and a 1-year high of $25.93. The stock has a market cap of $932.76 million, a P/E ratio of 15.35 and a beta of 2.42.
Spire Global (NYSE:SPIR – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The company reported ($0.37) earnings per share for the quarter, topping the consensus estimate of ($0.38) by $0.01. Spire Global had a negative return on equity of 34.05% and a net margin of 77.12%.The business had revenue of $13.92 million for the quarter, compared to analysts’ expectations of $15.08 million. As a group, analysts forecast that Spire Global will post -1.39 earnings per share for the current fiscal year.
Analyst Ratings Changes
Get Our Latest Analysis on Spire Global
Insider Transactions at Spire Global
In other Spire Global news, CFO Alison K. Engel sold 12,702 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $19.08, for a total value of $242,354.16. Following the completion of the transaction, the chief financial officer directly owned 265,838 shares of the company’s stock, valued at $5,072,189.04. This trade represents a 4.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman Peter Platzer sold 7,184 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $19.08, for a total value of $137,070.72. Following the transaction, the chairman owned 1,478,568 shares of the company’s stock, valued at approximately $28,211,077.44. The trade was a 0.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 58,299 shares of company stock worth $1,091,038. 13.04% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Russell Investments Group Ltd. bought a new position in shares of Spire Global in the third quarter worth approximately $25,000. Osaic Holdings Inc. bought a new position in shares of Spire Global in the second quarter worth approximately $25,000. BNP Paribas Financial Markets increased its position in shares of Spire Global by 84.6% in the second quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock worth $33,000 after purchasing an additional 1,260 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Spire Global by 71.2% in the second quarter. Tower Research Capital LLC TRC now owns 4,086 shares of the company’s stock worth $49,000 after purchasing an additional 1,699 shares during the last quarter. Finally, AQR Capital Management LLC bought a new position in shares of Spire Global in the fourth quarter worth approximately $84,000. 19.97% of the stock is currently owned by institutional investors.
About Spire Global
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.
Read More
- Five stocks we like better than Spire Global
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
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.
