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

Spire Global (NYSE:SPIR) issued an update on its first quarter 2025 earnings guidance on Monday morning. The company provided EPS guidance of -0.650–0.630 for the period, compared to the consensus EPS 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 Down 1.0 %

NYSE SPIR opened at $8.01 on Wednesday. The stock has a market capitalization of $206.16 million, a PE ratio of -2.30 and a beta of 2.34. Spire Global has a 12-month low of $6.26 and a 12-month high of $21.43. The company has a 50 day moving average price of $12.72 and a two-hundred day moving average price of $12.56.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on SPIR shares. Canaccord Genuity Group decreased their price objective on shares of Spire Global from $15.00 to $14.50 and set a “buy” rating for the company in a report on Friday, March 14th. Stifel Nicolaus decreased their price target on Spire Global from $20.00 to $18.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, Robert W. Baird cut their price objective on Spire Global from $13.00 to $11.00 and set a “neutral” rating on the stock in a research note on Tuesday. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Spire Global has an average rating of “Moderate Buy” and a consensus target price of $17.50.

Insider Transactions at Spire Global

In related news, CAO Boyd C. Johnson sold 11,304 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $11.27, for a total value of $127,396.08. Following the completion of the transaction, the chief accounting officer now owns 300,304 shares of the company’s stock, valued at $3,384,426.08. This represents a 3.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Peter Platzer sold 51,346 shares of Spire Global stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $11.27, for a total value of $578,669.42. Following the sale, the chairman now directly owns 1,840,357 shares in the company, valued at $20,740,823.39. The trade was a 2.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 268,021 shares of company stock worth $2,816,590. 17.11% of the stock is currently owned by company insiders.

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.