Spire Global (NYSE:SPIR) Given New $14.00 Price Target at Canaccord Genuity Group

Spire Global (NYSE:SPIR) had its target price boosted by Canaccord Genuity Group from $10.50 to $14.00 in a report published on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also commented on SPIR. HC Wainwright restated a “buy” rating and set a $19.00 price target (up from $14.00) on shares of Spire Global in a research report on Friday, January 23rd. iA Financial set a $9.00 price objective on Spire Global in a research report on Tuesday, December 23rd. Alliance Global Partners lowered Spire Global from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $17.00 to $9.00 in a research note on Tuesday, December 23rd. Wall Street Zen cut Spire Global from a “hold” rating to a “strong sell” rating in a report on Sunday, December 21st. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Spire Global in a report on Monday, December 22nd. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $13.33.

Spire Global Trading Up 0.1%

Shares of Spire Global stock opened at $12.21 on Friday. The stock has a market capitalization of $404.12 million, a price-to-earnings ratio of 7.73 and a beta of 2.50. The firm’s 50-day moving average price is $10.56 and its two-hundred day moving average price is $10.04. Spire Global has a 1-year low of $6.60 and a 1-year high of $14.52.

Insiders Place Their Bets

In other news, Chairman Peter Platzer sold 58,428 shares of Spire Global 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 completion of the sale, the chairman directly owned 1,693,603 shares of the company’s stock, valued at approximately $14,446,433.59. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Perez Celia Pelez sold 19,134 shares of the business’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 sale, the chief operating officer owned 267,776 shares of the company’s stock, valued at approximately $2,284,129.28. The trade was a 6.67% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 119,274 shares of company stock valued at $1,017,407. 14.68% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Spire Global

Several hedge funds have recently added to or reduced their stakes in SPIR. Osaic Holdings Inc. acquired a new stake in Spire Global in the second quarter worth about $25,000. Russell Investments Group Ltd. acquired a new position in Spire Global during the 3rd quarter valued at about $25,000. Atlantic Private Wealth LLC boosted its stake in shares of Spire Global by 50.0% in the 3rd quarter. Atlantic Private Wealth LLC now owns 3,000 shares of the company’s stock valued at $33,000 after purchasing an additional 1,000 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Spire Global by 84.6% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock valued at $33,000 after purchasing an additional 1,260 shares during the last quarter. Finally, Leonteq Securities AG acquired a new stake in shares of Spire Global during the 4th quarter worth approximately $44,000. Institutional investors own 19.97% of the company’s stock.

More Spire Global News

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

About Spire Global

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.