Spire Global Inc [SPIR] stock is trading at $16.17, up 1.00%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SPIR shares have gain 12.14% over the last week, with a monthly amount glided 71.47%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Spire Global Inc [NYSE: SPIR] stock has seen the most recent analyst activity on November 14, 2024, when Craig Hallum upgraded its rating to a Buy and also boosted its price target to $20 from $8. Previously, Alliance Global Partners reaffirmed its Buy rating on November 14, 2024, and elevated its price target to $24. Raymond James downgraded its rating to a Mkt Perform. Robert W. Baird downgraded its rating to a Neutral and reduced its price target to $9 on August 15, 2024. Craig Hallum downgraded its rating to Hold for this stock on August 15, 2024. In a note dated June 13, 2024, Alliance Global Partners reiterated an Buy rating on this stock.
Spire Global Inc [SPIR] stock has fluctuated between $4.71 and $19.40 over the past year. Currently, Wall Street analysts expect the stock to reach $57.5 within the next 12 months. Spire Global Inc [NYSE: SPIR] shares were valued at $16.17 at the most recent close of the market. An investor can expect a potential return of 255.6% based on the average SPIR price forecast.
Analyzing the SPIR fundamentals
Spire Global Inc [NYSE:SPIR] reported sales of 107.22M for the trailing twelve months, which represents a growth of 6.29%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -0.39%, Pretax Profit Margin comes in at -0.67%, and Net Profit Margin reading is -0.67%. To continue investigating profitability, this company’s Return on Assets is posted at -0.27, Equity is -0.88 and Total Capital is -0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.35.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.92 points at the first support level, and at 15.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.36, and for the 2nd resistance point, it is at 16.55.
Ratios To Look Out For
For context, Spire Global Inc’s Current Ratio is 2.22. In addition, the Quick Ratio stands at 2.22 and the Cash Ratio stands at 1.24. Considering the valuation of this stock, the price to sales ratio is 3.89, the price to book ratio is 4.61.
Transactions by insiders
Recent insider trading involved Johnson Boyd C., CLO, CAO and Corp Sec, that happened on Nov 21 ’24 when 12373.0 shares were sold. Chief Operating Officer, Condor Theresa completed a deal on Nov 21 ’24 to sell 17592.0 shares. Meanwhile, Chief Executive Officer Platzer Peter sold 50238.0 shares on Nov 21 ’24.
