In the last trading session, 1.24 million shares of the Spire Global Inc (NYSE:SPIR) were traded, and its beta was 2.35. Most recently the company’s share price was $10.62, and it changed around $0.1 or 0.95% from the last close, which brings the market valuation of the company to $274.26M. SPIR currently trades at a discount to its 52-week high of $21.43, offering almost -101.79% off that amount. The share price’s 52-week low was $6.26, which indicates that the current value has risen by an impressive 41.05% since then.
Spire Global Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.80. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended SPIR as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Spire Global Inc is expected to report earnings per share of -0.22 for the current quarter.
Spire Global Inc (NYSE:SPIR) trade information
Instantly SPIR has showed a green trend with a performance of 0.95% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 12.03 on recent trading dayincreased the stock’s daily price by 11.72%. The company’s shares are currently down -24.52% year-to-date, but still down -5.52% over the last five days. On the other hand, Spire Global Inc (NYSE:SPIR) is -38.08% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $19, which translates to bulls needing to increase their stock price by 44.11% from its current value. Analyst projections state that SPIR is forecast to be at a low of $18 and a high of $20.
Spire Global Inc (SPIR) estimates and forecasts
The year-over-year growth rate is expected to be 9.62%, up from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 27.95M in revenue for the current quarter. 3 analysts expect Spire Global Inc to make 26.67M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 27.73M and 25.69M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 0.80%. Forecasts for the next quarter put sales growth at 3.81%.
SPIR Dividends
Spire Global Inc’s next quarterly earnings report is expected to be released in April.
FRANCISCO PARTNERS MANAGEMENT, LP, with 1.4146% or 0.31 million shares worth $3.34 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 588.38 shares worth $6.25 million, making up 2.42% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 536.25 shares worth around $5.69 million, which represents about 2.21% of the total shares outstanding.
