Spire Global Inc [SPIR] stock prices are up 7.69% to $12.32 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SPIR shares have gain 11.29% over the last week, with a monthly amount glided 29.14%, and 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.
The stock price of Spire Global Inc [SPIR] has been fluctuating between $6.26 and $21.43 over the past year. Currently, Wall Street analysts expect the stock to reach $14.67 within the next 12 months. Spire Global Inc [NYSE: SPIR] shares were valued at $12.32 at the most recent close of the market. An investor can expect a potential return of 19.07% based on the average SPIR price forecast.
Analyzing the SPIR fundamentals
The Spire Global Inc [NYSE:SPIR] reported sales of 99.50M for trailing twelve months, representing a drop of -31.44%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at -0.83%, Pretax Profit Margin comes in at -0.98%, and Net Profit Margin reading is -0.98%. To continue investigating profitability, this company’s Return on Assets is posted at -0.47, Equity is -6.02 and Total Capital is -1.74. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of19.65.
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 11.64 points at the first support level, and at 10.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.75, and for the 2nd resistance point, it is at 13.19.
Ratios To Look Out For
It’s worth pointing out that Spire Global Inc [NYSE:SPIR]’s Current Ratio is 0.67. Further, the Quick Ratio stands at 0.67, while the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 4.03, the price to book ratio is 68.68.
Transactions by insiders
Recent insider trading involved Platzer Peter, Executive Chairman, that happened on May 27 ’25 when 23563.0 shares were sold. Director, PETER PLATZER completed a deal on May 27 ’25 to buy 23563.0 shares. Meanwhile, Executive Chairman Platzer Peter sold 27293.0 shares on Apr 15 ’25.
