In last trading session, Spire Global Inc (NYSE:SPIR) saw 0.74 million shares changing hands with its beta currently measuring 2.40. Company’s recent per share price level of $7.52 trading at -$0.09 or -1.18% at ring of the bell on the day assigns it a market valuation of $244.21M. That closing price of SPIR’s stock is at a discount of -184.97% from its 52-week high price of $21.43 and is indicating a premium of 16.76% 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 0.57 million shares which gives us an average trading volume of 684.98K 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 -0.67 in the current quarter.
Spire Global Inc (NYSE:SPIR) trade information
Upright in the red during last session for losing -1.18%, in the last five days SPIR remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $7.52 price level, adding 13.16% to its value on the day. Spire Global Inc’s shares saw a change of -46.55% in year-to-date performance and have moved -8.18% in past 5-day. Spire Global Inc (NYSE:SPIR) showed a performance of -27.34% in past 30-days. Number of shares sold short was 2.92 million shares which calculate 4.11 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 49.87% 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 -72.87% in reaching the projected high whereas dropping to the targeted low would mean a loss of -72.87% for stock’s current value.
Spire Global Inc (SPIR) estimates and forecasts
This year revenue growth is estimated to rise 8.61% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 22.97M for the same. And 5 analysts are in estimates of company making revenue of 27.23M in the next quarter. Company posted 25.69M and 25.4M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 26.67% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 13.01% while estimates for its earnings growth in next 5 years are of 40.74%.
Spire Global Inc (NYSE:SPIR)’s Major holders
Insiders are in possession of 6.00% of company’s total shares while institution are holding 28.70 percent of that, with stock having share float percentage of 30.53%. Investors also watch the number of corporate investors in a company very closely, which is 28.70% institutions for Spire Global Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at SPIR for having 1.18 million shares of worth $12.81 million. And as of 2024-06-30, it was holding 4.8271 of the company’s outstanding shares.
The second largest institutional holder is DEER MANAGEMENT CO. LLC, which was holding about 0.89 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.648 of outstanding shares, having a total worth of $9.68 million.
On the other hand, iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 572.12 shares of worth $4.3 million or 1.85% 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 $4.03 million in the company or a holder of 1.73% of company’s stock.
