Spire Global (NYSE:SPIR) Price Target Raised to $14.00

Spire Global (NYSE:SPIR) had its price objective hoisted by Canaccord Genuity Group from $10.50 to $14.00 in a report issued on Friday morning,Benzinga reports. Canaccord Genuity Group currently has a buy rating on the stock.

A number of other brokerages also recently issued reports on SPIR. Alliance Global Partners downgraded Spire Global from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $17.00 to $9.00 in a research report on Tuesday, December 23rd. HC Wainwright reissued a “buy” rating and issued a $19.00 price objective (up from $14.00) on shares of Spire Global in a research report on Friday, January 23rd. Stifel Nicolaus boosted their target price on Spire Global from $14.00 to $16.00 and gave the stock a “buy” rating in a research note on Thursday. iA Financial set a $9.00 target price on Spire Global in a research report on Tuesday, December 23rd. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Spire Global in a research note on Monday, December 22nd. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $13.33.

Spire Global Stock Up 0.1%

Shares of Spire Global stock opened at $12.21 on Friday. The company has a market cap of $409.00 million, a P/E ratio of 7.73 and a beta of 2.50. The firm’s 50 day moving average price is $10.56 and its 200-day moving average price is $10.06. Spire Global has a 52-week low of $6.60 and a 52-week high of $14.52.

Insiders Place Their Bets

In related news, Chairman Peter Platzer sold 58,428 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $8.53, for a total value of $498,390.84. Following the transaction, the chairman directly owned 1,693,603 shares of the company’s stock, valued at $14,446,433.59. This represents a 3.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Perez Celia Pelez sold 19,134 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $8.53, for a total value of $163,213.02. Following the completion of the transaction, the chief operating officer owned 267,776 shares of the company’s stock, valued at $2,284,129.28. This trade represents a 6.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 119,274 shares of company stock valued at $1,017,407. Insiders own 14.68% of the company’s stock.

Institutional Trading of Spire Global

Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in shares of Spire Global by 164.6% in the first quarter. Royal Bank of Canada now owns 46,728 shares of the company’s stock valued at $378,000 after purchasing an additional 29,066 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Spire Global by 27.5% during the second quarter. Geode Capital Management LLC now owns 662,038 shares of the company’s stock worth $7,879,000 after purchasing an additional 142,987 shares during the period. Police & Firemen s Retirement System of New Jersey lifted its holdings in shares of Spire Global by 55.3% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 6,963 shares of the company’s stock worth $83,000 after purchasing an additional 2,479 shares during the period. Rockefeller Capital Management L.P. purchased a new stake in Spire Global in the second quarter valued at approximately $636,000. Finally, JPMorgan Chase & Co. boosted its position in Spire Global by 78.3% in the second quarter. JPMorgan Chase & Co. now owns 19,119 shares of the company’s stock valued at $228,000 after buying an additional 8,395 shares during the last quarter. Hedge funds and other institutional investors own 19.97% of the company’s stock.

Key Stories Impacting Spire Global

Here are the key news stories impacting Spire Global this week:

• Positive Sentiment: Two brokerages raised price targets and reiterated buy ratings — Canaccord boosted its target to $14 and Stifel raised its target to $16, signaling fresh analyst conviction and more upside in consensus targets. Benzinga — Analyst Price Target Updates
• Positive Sentiment: Quarterly revenue topped estimates, and MarketWatch highlights that the top-line beat helped the stock rally despite mixed metrics — investors are rewarding revenue strength in Spire’s space-data business. MarketWatch — Revenue Beat
• Positive Sentiment: Management is guiding for aggressive growth: Spire targets ~50% core revenue growth for 2026 and says RFGL capacity will expand roughly 15x — this forward-looking capacity and revenue cadence is a key catalyst for investor optimism. Yahoo Finance — Guidance & Capacity Expansion
• Positive Sentiment: Coverage and commentary pieces (e.g., Seeking Alpha) frame Spire as a high-growth space-data platform at an inflection point, which can attract growth-oriented investors and support multiple expansion. Seeking Alpha — Bullish Analysis
• Neutral Sentiment: Company reported mixed quarter: revenue beat consensus but EPS missed materially (reported EPS -$0.76 vs. est. -$0.29). The miss highlights near-term profitability pressures even as revenue momentum is positive. MarketBeat — Q4 Results & Call
• Negative Sentiment: Some outlets emphasized weaker Q4/FY figures and the EPS shortfall, which could pressure sentiment if investors focus on near-term profitability rather than growth trajectory. BayStreet — Q4 Reaction

Spire Global Company Profile

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.

The company’s core offerings include weather and climate intelligence derived from GPS radio occultation, which enhances numerical weather prediction models; maritime domain awareness services that track vessel movements and supply chain dynamics; and aviation analytics that monitor air traffic for efficiency and security applications.