Spire Global (NYSE:SPIR) Trading Down 4.9% – What’s Next?

21 May 2026, 14:33 by Teresa Graham · The Cerbat Gem

Spire Global, Inc. (NYSE:SPIR – Get Free Report)’s share price traded down 4.9% during mid-day trading on Thursday . The stock traded as low as $18.35 and last traded at $19.0930. 208,173 shares were traded during mid-day trading, a decline of 83% from the average session volume of 1,254,397 shares. The stock had previously closed at $20.08.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Weiss Ratings lowered shares of Spire Global from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 15th. Alliance Global Partners reissued a “neutral” rating on shares of Spire Global in a report on Thursday, May 14th. 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. Stifel Nicolaus set a $22.00 target price on shares of Spire Global and gave the stock a “buy” rating in a report on Thursday, May 14th. Finally, Canaccord Genuity Group set a $22.50 target price on shares of Spire Global and gave the stock a “buy” rating in a report on Thursday, May 14th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.30.

View Our Latest Stock Analysis on Spire Global

Spire Global Trading Down 5.2%

The business’s fifty day simple moving average is $16.13 and its 200 day simple moving average is $11.76. The stock has a market cap of $737.08 million, a P/E ratio of 12.11 and a beta of 2.42.

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

Insider Buying and Selling at Spire Global

In other news, CTO Johann Gabriel Oehme sold 12,757 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $8.53, for a total value of $108,817.21. Following the transaction, the chief technology officer owned 221,203 shares of the company’s stock, valued at approximately $1,886,861.59. This trade represents a 5.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Theresa Condor sold 41,712 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $8.53, for a total transaction of $355,803.36. Following the completion of the transaction, the chief executive officer directly owned 1,116,581 shares in the company, valued at $9,524,435.93. This trade represents a 3.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 138,033 shares of company stock worth $1,219,760 over the last quarter. Company insiders own 13.04% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of SPIR. Lane Generational LLC raised its position in shares of Spire Global by 40.4% in the 4th quarter. Lane Generational LLC now owns 745,217 shares of the company’s stock valued at $5,589,000 after acquiring an additional 214,532 shares during the period. Stifel Financial Corp raised its position in shares of Spire Global by 32.9% in the 4th 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 period. DNB Asset Management AS acquired a new stake in shares of Spire Global in the 4th quarter valued at approximately $933,000. Raymond James Financial Inc. raised its holdings in Spire Global by 210.0% during the 2nd quarter. Raymond James Financial Inc. now owns 171,956 shares of the company’s stock worth $2,046,000 after buying an additional 116,488 shares during the period. Finally, Gilder Gagnon Howe & Co. LLC acquired a new stake in Spire Global during the 2nd quarter worth approximately $1,375,000. Institutional investors own 19.97% of the company’s stock.

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.