Currently, Spire Global Inc [SPIR] is trading at $11.22, up 14.37%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SPIR shares have gain 10.65% over the last week, with a monthly amount glided 3.60%, 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.
This stock has fluctuated between a low of $6.26 and a high of $21.43 over the last 52 weeks. 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 $11.22 at the most recent close of the market. An investor can expect a potential return of 30.75% based on the average SPIR price forecast.
Analyzing the SPIR fundamentals
Trailing Twelve Months sales for Spire Global Inc [NYSE:SPIR] were 99.50M which represents -31.44% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 19.65.
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 10.27 points at the first support level, and at 9.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.80, and for the 2nd resistance point, it is at 12.38.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Spire Global Inc [NYSE:SPIR] is 0.67. Also, the Quick Ratio is 0.67, while the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 3.67, the price to book ratio is 62.55.
Transactions by insiders
Recent insider trading involved Platzer Peter, Executive Chairman, that happened on Jun 24 ’25 when 25907.0 shares were sold. Director, PETER PLATZER completed a deal on Jun 24 ’25 to buy 25907.0 shares. Meanwhile, Director Messer Stephen sold 16660.0 shares on Jun 13 ’25.
