In last trading session, Spire Global Inc (NYSE:SPIR) saw 0.84 million shares changing hands with its beta currently measuring 2.27. Company’s recent per share price level of $10.94 trading at -$0.72 or -6.17% at ring of the bell on the day assigns it a market valuation of $282.53M. That closing price of SPIR’s stock is at a discount of -95.89% from its 52-week high price of $21.43 and is indicating a premium of 42.78% from its 52-week low price of $6.26.
For Spire Global Inc (SPIR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.28 in the current quarter.
Spire Global Inc (NYSE:SPIR) trade information
Upright in the red during last session for losing -6.17%, in the last five days SPIR remained trading in the red while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $10.94 price level, adding 19.91% to its value on the day. Spire Global Inc’s shares saw a change of -22.25% in year-to-date performance and have moved -4.54% in past 5-day. Spire Global Inc (NYSE:SPIR) showed a performance of -42.93% in past 30-days.
Wall Street analysts have assigned a consensus price target of 19 to the stock, which implies a rise of 42.42% to its current value. Analysts have been projecting 18 as a low price target for the stock while placing it at a high target of 20. It follows that stock’s current price would drop -64.53% in reaching the projected high whereas dropping to the targeted low would mean a loss of -64.53% for stock’s current value.
Spire Global Inc (SPIR) estimates and forecasts
This year revenue growth is estimated to rise 13.95% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 30.17M for the same. And 5 analysts are in estimates of company making revenue of 31.27M in the next quarter. Company posted 26.49M and 27.32M of sales in current and next quarters respectively a year earlier.
Spire Global Inc (NYSE:SPIR)’s Major holders
DEER MANAGEMENT CO. LLC is the top institutional holder at SPIR for having 0.89 million shares of worth $9.68 million. And as of 2024-06-30, it was holding 4.0953 of the company’s outstanding shares.
The second largest institutional holder is FRANCISCO PARTNERS MANAGEMENT, LP, which was holding about 0.31 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.4146 of outstanding shares, having a total worth of $3.34 million.
On the other hand, iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 612.55 shares of worth $6.7 million or 2.52% of the total outstanding shares. The later fund manager was in possession of 536.25 shares on Sep 30, 2024 , making its stake of worth around $5.87 million in the company or a holder of 2.21% of company’s stock.
