In last trading session, Spire Global Inc (NYSE:SPIR) saw 1.04 million shares changing hands with its beta currently measuring 2.30. Company’s recent per share price level of $8.87 trading at -$1.37 or -13.38% at ring of the bell on the day assigns it a market valuation of $241.64M. That closing price of SPIR’s stock is at a discount of -141.6% from its 52-week high price of $21.43 and is indicating a premium of 29.43% from its 52-week low price of $6.26. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.63 million shares which gives us an average trading volume of 609.47K if we extend that period to 3-months.
For Spire Global Inc (SPIR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.80. 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 -0.93 in the current quarter.
Spire Global Inc (NYSE:SPIR) trade information
Upright in the red during last session for losing -13.38%, in the last five days SPIR remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $8.87 price level, adding 18.1% to its value on the day. Spire Global Inc’s shares saw a change of -36.96% in year-to-date performance and have moved -14.30% in past 5-day. Spire Global Inc (NYSE:SPIR) showed a performance of -55.31% in past 30-days. Number of shares sold short was 2.8 million shares which calculate 3.39 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 15 to the stock, which implies a rise of 40.87% to its current value. Analysts have been projecting 13 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 -46.56% in reaching the projected high whereas dropping to the targeted low would mean a loss of -46.56% for stock’s current value.
Spire Global Inc (SPIR) estimates and forecasts
This year revenue growth is estimated to rise 6.67% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 24.28M for the same. And 4 analysts are in estimates of company making revenue of 29.95M in the next quarter. Company posted 27.73M and 25.69M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -6.49% while estimates for its earnings growth in next 5 years are of 7.48%.
Spire Global Inc (NYSE:SPIR)’s Major holders
Insiders are in possession of 7.22% of company’s total shares while institution are holding 34.47 percent of that, with stock having share float percentage of 37.16%. Investors also watch the number of corporate investors in a company very closely, which is 34.47% institutions for Spire Global Inc that are currently holding shares of the company. 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 Dec 31, 2024 , the former fund manager was holding 588.38 shares of worth $5.22 million or 2.29% of the total outstanding shares. The later fund manager was in possession of 536.25 shares on Dec 31, 2024 , making its stake of worth around $4.76 million in the company or a holder of 2.08% of company’s stock.