Spire Global Inc (NYSE:SPIR) has a beta value of 2.43 and has seen 0.52 million shares traded in the recent trading session. The company, currently valued at $264.94M, closed the recent trade at $8.26 per share which meant it gained $0.17 on the day or 2.06% during that session. The SPIR stock price is -159.44% off its 52-week high price of $21.43 and 24.21% above the 52-week low of $6.26. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.45 million shares traded. The 3-month trading volume is 664.89K shares.
The consensus among analysts is that Spire Global Inc (SPIR) is Buy stock at the moment, with a recommendation rating of 1.80. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.67.
Spire Global Inc (NYSE:SPIR) trade information
Sporting 2.06% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SPIR stock price touched $8.26 or saw a rise of 11.37%. Year-to-date, Spire Global Inc shares have moved -41.31%, while the 5-day performance has seen it change -10.64%. Over the past 30 days, the shares of Spire Global Inc (NYSE:SPIR) have changed -21.51%. Short interest in the company has seen 2.92 million shares shorted with days to cover at 4.11.
Wall Street analysts have a consensus price target for the stock at $15, which means that the shares’ value could jump 44.93% from the levels at last check today. The projected low price target is $13.0 while the price target rests at a high of $20.0. In that case, then, we find that the latest price level in today’s session is -142.13% off the targeted high while a plunge would see the stock gain -57.38% from the levels at last check today.
Spire Global Inc (SPIR) estimates and forecasts
The company’s shares have lost -15.74% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 10.53%.
5 analysts offering their estimates for the company have set an average revenue estimate of 26.49M for the current quarter. 5 have an estimated revenue figure of 27.41M for the next ending quarter. Year-ago sales stood 25.69M and 25.4M respectively for this quarter and the next, and analysts expect sales will grow by 3.11% for the current quarter and 10.53% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 26.67% over the past 5 years. Earnings growth for 2025 is a modest 12.78% while over the next 5 years, the company’s earnings are expected to increase by 40.74%.
SPIR Dividends
Spire Global Inc is expected to release its next earnings report on 2025-Mar-30 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Spire Global Inc (NYSE:SPIR)’s Major holders
Insiders own 6.07% of the company shares, while shares held by institutions stand at 29.06% with a share float percentage of 30.94%. Investors are also buoyed by the number of investors in a company, with Spire Global Inc having a total of 125.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 1.18 million shares worth more than $12.81 million. As of 2024-06-30, BLACKROCK INC. held 4.8271% of shares outstanding.
The other major institutional holder is DEER MANAGEMENT CO. LLC, with the holding of over 0.89 million shares as of 2024-06-30. The firm’s total holdings are worth over $9.68 million and represent 3.648% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. As of Feb 28, 2025, the former fund manager holds about 2.22% shares in the company for having 572.12 shares of worth $4.71 million while later fund manager owns 536.25 shares of worth $4.42 million as of Dec 31, 2024, which makes it owner of about 2.08% of company’s outstanding stock.
