A share price of Spire Global Inc [SPIR] is currently trading at $11.31, up 2.35%. An important factor to consider is whether the stock is rising or falling in short-term value. The SPIR shares have lost -3.00% over the last week, with a monthly amount drifted -40.16%, and not seem to be holding up well over a long-time horizon.
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 experienced fluctuations in its stock price throughout the past year between $6.26 and $21.43. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Spire Global Inc [NYSE: SPIR] shares were valued at $11.31 at the most recent close of the market. An investor can expect a potential return of 67.99% based on the average SPIR price forecast.
Analyzing the SPIR fundamentals
Trailing Twelve Months sales for Spire Global Inc [NYSE:SPIR] were 107.22M which represents 6.29% growth. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at -0.38%, Pretax Profit Margin comes in at -0.69%, and Net Profit Margin reading is -0.68%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.71 and Total Capital is -0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.53.
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 10.74 points at the first support level, and at 10.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.95, and for the 2nd resistance point, it is at 12.60.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Spire Global Inc [NYSE:SPIR] is 2.22. On the other hand, the Quick Ratio is 2.22, and the Cash Ratio is 1.24. Considering the valuation of this stock, the price to sales ratio is 2.72, the price to book ratio is 3.22.
Transactions by insiders
Recent insider trading involved Condor Theresa, Chief Executive Officer, that happened on Feb 21 ’25 when 17979.0 shares were sold. Executive Chairman, Platzer Peter completed a deal on Feb 21 ’25 to sell 51346.0 shares. Meanwhile, CLO, CAO and Corp Sec Johnson Boyd C. sold 11304.0 shares on Feb 21 ’25.
