Spire Global (NYSE:SPIR) Shares Up 7.5% – Time to Buy?

22 May 2026, 12:23 by Scott Moore · The Cerbat Gem

Shares of Spire Global, Inc. (NYSE:SPIR – Get Free Report) shot up 7.5% during mid-day trading on Friday . The stock traded as high as $21.07 and last traded at $20.6460. 179,405 shares were traded during mid-day trading, a decline of 86% from the average session volume of 1,253,579 shares. The stock had previously closed at $19.21.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SPIR. HC Wainwright reissued a “buy” rating and issued a $19.00 price target (up from $14.00) on shares of Spire Global in a report on Friday, January 23rd. Alliance Global Partners reissued a “neutral” rating on shares of Spire Global in a report on Thursday, May 14th. Wall Street Zen raised shares of Spire Global from a “strong sell” rating to a “sell” rating in a report on Saturday, April 25th. Canaccord Genuity Group set a $22.50 price target on shares of Spire Global and gave the company a “buy” rating in a report on Thursday, May 14th. Finally, Stifel Nicolaus set a $22.00 price target on shares of Spire Global and gave the company a “buy” rating in a report on Thursday, May 14th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Spire Global has a consensus rating of “Moderate Buy” and a consensus target price of $16.30.

Read Our Latest Analysis on Spire Global

Spire Global Stock Up 8.6%

The firm has a market capitalization of $807.49 million, a price-to-earnings ratio of 13.35 and a beta of 2.42. The firm has a 50 day moving average of $16.31 and a two-hundred day moving average of $11.82.

Spire Global (NYSE:SPIR – Get Free Report) last announced its earnings results on Wednesday, May 13th. The company reported ($0.37) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.38) by $0.01. Spire Global had a net margin of 77.12% and a negative return on equity of 34.05%. The business had revenue of $13.92 million during the quarter, compared to the consensus estimate of $15.08 million. Sell-side analysts forecast that Spire Global, Inc. will post -1.39 EPS for the current fiscal year.

Insiders Place Their Bets

In other Spire Global news, Chairman Peter Platzer sold 1,800 shares of Spire Global stock in a transaction on Monday, April 20th. The shares were sold at an average price of $18.31, for a total value of $32,958.00. Following the completion of the sale, the chairman directly owned 1,485,752 shares of the company’s stock, valued at approximately $27,204,119.12. The trade was a 0.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 6,002 shares of company stock worth $93,536 over the last ninety days. 13.04% of the stock is owned by company insiders.

Institutional Investors Weigh In On Spire Global

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Lane Generational LLC increased its stake in Spire Global by 40.4% in the fourth quarter. Lane Generational LLC now owns 745,217 shares of the company’s stock valued at $5,589,000 after purchasing an additional 214,532 shares in the last quarter. State Street Corp increased its position in shares of Spire Global by 1.4% during the fourth quarter. State Street Corp now owns 528,164 shares of the company’s stock worth $3,961,000 after acquiring an additional 7,253 shares in the last quarter. Stifel Financial Corp boosted its stake in Spire Global by 32.9% in the fourth quarter. Stifel Financial Corp now owns 524,579 shares of the company’s stock valued at $3,934,000 after acquiring an additional 129,990 shares during the last quarter. AWM Investment Company Inc. lifted its position in shares of Spire Global by 25.7% during the fourth quarter. AWM Investment Company Inc. now owns 418,287 shares of the company’s stock worth $3,137,000 after acquiring an additional 85,492 shares in the last quarter. Finally, Marshall Wace LLP boosted its holdings in Spire Global by 58.0% in the 2nd quarter. Marshall Wace LLP now owns 269,401 shares of the company’s stock valued at $3,206,000 after purchasing an additional 98,925 shares during the period. 19.97% of the stock is owned by institutional investors.

About Spire Global

(Get Free Report)

Spire Global (NYSE: SPIR) is a space-to-cloud data and analytics company that operates a constellation of low Earth orbit nanosatellites to collect radio occultation, maritime Automatic Identification System (AIS), and aviation tracking data. By leveraging proprietary satellite hardware and ground infrastructure, Spire captures precise, near-real-time observations of Earth’s atmosphere, oceans, and surface traffic to power downstream analytics for weather forecasting, fleet optimization, and safety monitoring.