Spire Global, Inc. (SPIR)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Spire Global, Inc. (SPIR) trades at $17.70 with AI Score 29/100 (Grade F). Spire Global, Inc. is a space-to-cloud data and analytics company that owns and operates a constellation of nanosatellites. Market cap: $576.06M, Sector: Industrials.
Price live · AI analysis from May 9, 2026SPIR stock analysis for 2026: Analysts have set a consensus price target of $16.50 for Spire Global, Inc., suggesting 6.8% downside from the current price of $17.70. The AI MoonshotScore is 29/100, indicating a bearish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
SPIR: 3/4 perspectives are bearish. Dominant signal: Seth Klarman bearish.
How is this calculated? →Spire Global, Inc. (SPIR) Industrial Operations Profile
Spire Global, Inc. provides space-based data and analytics, differentiating itself through its proprietary satellite constellation. Serving maritime, weather, and aviation sectors, Spire leverages its technology to deliver actionable insights, operating within the specialty business services industry and facing competition from established data providers.
What Is the Investment Thesis for SPIR?
Spire Global presents a compelling investment case centered on its unique space-based data collection and analytics capabilities. The company's proprietary satellite constellation provides a competitive advantage in capturing real-time data across various sectors. Key value drivers include expanding its customer base in maritime, weather, and aviation industries, and growing demand for its space services. The company's gross margin of 40.8% indicates potential for profitability as it scales operations. Upcoming catalysts include expanding satellite capabilities and strategic partnerships. Potential risks include competition from established data providers and the capital-intensive nature of maintaining and upgrading its satellite infrastructure. Investors should monitor revenue growth, customer acquisition costs, and technological advancements in the space-based data market.
Based on FMP financials and quantitative analysis
SPIR Key Highlights
- Market Cap of $576.06M reflects investor valuation of Spire's future growth potential in the space-based data analytics market.
- Gross Margin of 40.8% indicates the profitability of Spire's data and analytics services.
- Beta of 2.24 suggests higher volatility compared to the market, reflecting the growth-oriented nature of the company.
- Strategic partnership with TAC Index Limited enhances Spire's data capabilities and market reach.
- Serves diverse industries including maritime, weather, aviation, space services, earth intelligence, and federal industries, reducing reliance on a single market.
Who Are SPIR's Competitors?
SPIR is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| GHG GreenTree Hospitality Group Ltd. | $1.15 | +0.00% | $116.12M | 46 |
| PL Planet Labs PBC | $31.04 | -1.10% | $10.33B | — |
| MAXR Maxar Technologies Inc. | $52.99 | +0.02% | $4.00B | 44 |
| BUUU BUUU Group Limited provides meeting, incentive, conference, and exhibition solutions, including event management and stage production services. The company | $21.35 | -2.06% | $249.69M | 63 |
| FTBGF Bidstack Group Plc | $0.03 | +20.00% | $29.04M | 63 |
| INPOF InPost S.A. | $17.47 | +0.00% | $8.73B | 60 |
| ZGM Zenta Group Company Limited | $1.99 | +11.80% | $23.50M | 60 |
| GPN Global Payments Inc. | $77.83 | -1.01% | $18.42B | 50 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SPIR's Key Strengths?
- Proprietary satellite constellation
- Integrated data analytics platform
- Diverse customer base across multiple industries
- Global presence and established relationships
What Are SPIR's Weaknesses?
- High capital expenditure for satellite maintenance and upgrades
- Reliance on satellite technology, which is subject to failure
- Negative profit margin
- Limited brand recognition compared to established data providers
What Could Drive SPIR Stock Higher?
- Expansion of satellite constellation to increase data collection capabilities.
- Strategic partnerships to expand market reach and product offerings.
- Increasing demand for real-time data and analytics across various industries.
- Technological advancements in satellite technology and data analytics.
- Government initiatives to promote space exploration and commercialization.
What Are the Key Risks for SPIR?
- Financial-distress signal — its Altman Z-Score of 1.30 sits in the distress zone (elevated bankruptcy risk).
- Insider selling — insiders were net sellers of roughly $1.2M recently.
- Competition from established data providers and emerging space technology companies.
- Technological advancements that could render existing satellite technology obsolete.
- Regulatory changes that could impact satellite operations.
- High capital expenditure for satellite maintenance and upgrades.
- Reliance on satellite technology, which is subject to failure.
What Are the Growth Opportunities for SPIR?
- Expansion in the Maritime Sector: The maritime industry is increasingly relying on real-time data for vessel tracking, route optimization, and regulatory compliance. Spire's satellite-based AIS (Automatic Identification System) data provides comprehensive coverage of maritime traffic, offering opportunities to expand its customer base among shipping companies, port authorities, and maritime security agencies. The global maritime data market is projected to reach billions of dollars in the coming years, presenting a significant growth opportunity for Spire.
- Penetration of the Weather Forecasting Market: Accurate weather forecasting is crucial for various industries, including agriculture, transportation, and energy. Spire's radio occultation technology provides high-resolution atmospheric data that enhances weather models and improves forecast accuracy. By partnering with weather forecasting agencies and private weather service providers, Spire can expand its presence in the weather forecasting market, which is estimated to be worth billions of dollars annually.
- Growth in the Aviation Monitoring Market: The aviation industry requires real-time tracking of aircraft for air traffic management, safety, and security. Spire's ADS-B (Automatic Dependent Surveillance-Broadcast) data provides comprehensive coverage of aircraft movements, enabling improved air traffic control and flight tracking. The aviation monitoring market is expected to grow significantly in the coming years, driven by increasing air traffic and stricter regulatory requirements, offering a substantial growth opportunity for Spire.
- Development of Space Services: Spire offers space services, including satellite launch and operations, to government and commercial customers. As the demand for space-based services increases, Spire can leverage its expertise in satellite technology and data analytics to expand its space services offerings. This includes providing customized satellite solutions, data processing services, and analytics tools to customers in various industries. The space services market is projected to experience significant growth in the coming years, driven by increasing investment in space exploration and commercialization.
- Expansion in Earth Intelligence: Spire's earth intelligence solutions provide insights into various environmental and economic activities. By analyzing satellite imagery and other data sources, Spire can provide valuable information to customers in agriculture, forestry, and urban planning. The earth intelligence market is expected to grow significantly in the coming years, driven by increasing demand for sustainable resource management and environmental monitoring. Spire can capitalize on this trend by expanding its earth intelligence product offerings and targeting new customer segments.
What Opportunities Does SPIR Have?
- Expansion into new markets and industries
- Development of new data products and analytics solutions
- Strategic partnerships with government agencies and commercial enterprises
- Increasing demand for real-time data and insights
What Threats Does SPIR Face?
- Competition from established data providers and emerging space technology companies
- Technological advancements that could render existing satellite technology obsolete
- Regulatory changes that could impact satellite operations
- Economic downturns that could reduce demand for data and analytics services
What Are SPIR's Competitive Advantages?
- Proprietary satellite constellation provides a unique data source.
- Integrated data analytics platform enhances the value of the data.
- Established relationships with government agencies and commercial customers.
- Expertise in satellite technology and data analytics.
- Global presence with offices in key locations.
What Does SPIR Do?
Spire Global, Inc., founded in 2012 and formerly known as Nanosatisfi, Inc., is a space-to-cloud data and analytics company. Headquartered in San Francisco, California, with additional offices across the globe, including Boulder, Colorado; Washington, D.C.; Glasgow, United Kingdom; Luxembourg; and Singapore. Spire owns and operates a constellation of nanosatellites that collect data about the Earth's oceans, atmosphere, and landmasses. This data is then processed and analyzed to provide insights and solutions for various industries. Spire's core offerings include maritime tracking, weather forecasting, aviation monitoring, space services, and earth intelligence. The company serves a diverse range of clients, including government agencies, research institutions, and commercial enterprises. A strategic partnership with TAC Index Limited enhances Spire's capabilities in providing data-driven solutions. Spire's evolution from Nanosatisfi to a global data analytics provider reflects its commitment to innovation and expansion in the space-based data market.
What Products and Services Does SPIR Offer?
- Operates a constellation of nanosatellites to collect data about Earth.
- Provides maritime tracking services using satellite-based AIS data.
- Offers weather forecasting solutions using radio occultation technology.
- Delivers aviation monitoring services using ADS-B data.
- Provides space services, including satellite launch and operations.
- Offers earth intelligence solutions based on satellite imagery and analytics.
- Serves various industries, including maritime, weather, aviation, and space services.
- Provides data and analytics to government agencies, research institutions, and commercial enterprises.
How Does SPIR Make Money?
- Generates revenue by selling data and analytics subscriptions to customers.
- Provides customized satellite solutions and space services.
- Partners with government agencies and research institutions for data collection and analysis.
- Offers data processing and analytics tools to customers.
What Industry Does SPIR Operate In?
Spire Global operates within the rapidly evolving space-based data and analytics industry. The market is driven by increasing demand for real-time data and insights across various sectors, including maritime, weather forecasting, and aviation. The competitive landscape includes established data providers and emerging space technology companies. Spire differentiates itself through its proprietary satellite constellation and integrated data analytics platform. The industry is characterized by high growth potential, driven by technological advancements and increasing adoption of data-driven decision-making. Spire's focus on delivering actionable insights positions it to capitalize on these trends.
Who Are SPIR's Key Customers?
- Shipping companies and port authorities in the maritime industry.
- Weather forecasting agencies and private weather service providers.
- Airlines and air traffic control organizations in the aviation industry.
- Government agencies and research institutions involved in space exploration.
- Organizations in agriculture, forestry, and urban planning.
Company Profile
Spire Global, Inc. operates in the Specialty Business Services industry within the Industrials sector. It is headquartered in Vienna, US. The company is led by CEO Theresa Condor. SPIR has traded publicly since 2020.
How Spire Global, Inc. Is Valued
Spire Global, Inc. carries a market capitalization of $576.06M, placing it in the small-cap category. Relative to its peer group, SPIR's quantitative score of 29/100 is below the peer average of 54/100.
ROE 40%Key Financial Metrics
Return on equity for Spire Global, Inc. stands at 39.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 26.5%, showing how much profit it generates from its asset base. SPIR trades at a trailing price-to-earnings ratio of 13.00, below the Industrials sector average of ~30x. Its free cash flow yield is -19.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.94 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 7.9%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 4/9Financial Health
Spire Global, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.30 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Spire Global, Inc. revenue of about $79.9M for fiscal 2026, with EPS near $-1.14. The estimate reflects 3 contributing analysts.
Net buyingInsider Activity
Over the past six months, Spire Global, Inc. insiders filed 23 SEC Form 4 transactions — 13 sales and 10 purchases. On net that is roughly 42K shares acquired (about $1.2M) — insiders putting money in tends to read as conviction.
SPIR Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Spire's recent strategic partnerships signal growing market validation and potential for expanding its data analytics services. Think of it like Palantir securing government contracts – it builds credibility.
- Insiders increasing their stakes suggests strong internal confidence in Spire's long-term vision and execution capabilities. This is similar to how strong insider buying fueled investor confidence in Netflix during its early streaming days.
- The community is buzzing about Spire's potential to disrupt traditional weather forecasting and maritime tracking, creating a positive feedback loop. This mirrors the early hype surrounding Tesla's Autopilot capabilities.
- Positive sentiment around Spire's innovative approach to satellite data could attract further investment and talent, reinforcing its competitive advantage. It's like how early positive reviews helped propel Roku's streaming devices.
Bear Case
- Increased competition in the satellite data market could erode Spire's market share and pricing power. This is akin to the challenges faced by early social media platforms before Facebook dominated.
- Negative community sentiment regarding Spire's profitability and cash burn raises concerns about its long-term sustainability. This is similar to the skepticism surrounding WeWork's business model before its IPO.
- Recent insider selling might indicate concerns about near-term challenges or potential headwinds for Spire. This is comparable to concerns raised by insider selling at Valeant Pharmaceuticals before its decline.
- Market perception of Spire as a high-risk, high-reward investment could lead to increased volatility and investor uncertainty. This is similar to the wild swings experienced by Beyond Meat in its early days.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
SPIR Latest News
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Spire Global Delivers 10 Satellites to Vandenberg Space Force Base
MT Newswires · Jun 24, 2026
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Spire Global Delivers 10 Satellites to Vandenberg Space Force Base Ahead of the Transporter-17 Rideshare Mission
Business Wire · Jun 24, 2026
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Spire Global (SPIR) Stock Fair Value Edges Higher After Analysts Lift Targets
Yahoo! Finance: SPIR News · Jun 19, 2026
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Spire Global (SPIR) Stock Fair Value Edges Higher After Analysts Lift Targets
Simply Wall St. · Jun 19, 2026
SPIR Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SPIR.
Price Targets
Consensus target: $16.50
SPIR MoonshotScore
What does this score mean?
The MoonshotScore rates SPIR's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry Specialty Business ServicesLatest News
Spire Global Delivers 10 Satellites to Vandenberg Space Force Base
Spire Global Delivers 10 Satellites to Vandenberg Space Force Base Ahead of the Transporter-17 Rideshare Mission
Spire Global (SPIR) Stock Fair Value Edges Higher After Analysts Lift Targets
Spire Global (SPIR) Stock Fair Value Edges Higher After Analysts Lift Targets
Related Investment Themes
Leadership: Theresa Condor
Chief Executive Officer
Theresa Condor serves as the Chief Executive Officer of Spire Global, Inc. Her career spans leadership roles in technology and aerospace. Prior to Spire, she held key positions at various companies, focusing on strategic growth and operational excellence. Condor brings extensive experience in scaling technology businesses and driving innovation. Her background includes a strong emphasis on leveraging data and analytics to create value for customers.
Track Record: Since becoming CEO, Theresa Condor has focused on expanding Spire's market presence and enhancing its product offerings. She has overseen strategic partnerships and initiatives to drive revenue growth and improve operational efficiency. Under her leadership, Spire has continued to innovate in space-based data collection and analytics, solidifying its position in the market.
SPIR Industrials Stock FAQ
What does Spire Global, Inc. do?
Spire Global, Inc. is a space-to-cloud data and analytics company that owns and operates a constellation of nanosatellites. The company collects data about the Earth's oceans, atmosphere, and landmasses and then processes and analyzes this data to provide insights and solutions for various industries. Spire's core offerings include maritime tracking, weather forecasting, aviation monitoring, space services, and earth intelligence. These services are delivered to a diverse range of clients, including government agencies, research institutions, and commercial enterprises, through data and analytics subscriptions.
What do analysts say about SPIR stock?
Analyst coverage of Spire Global, Inc. (SPIR) focuses on its growth potential in the space-based data and analytics market. Key valuation metrics include revenue growth, gross margin, and customer acquisition costs. Analysts consider Spire's proprietary satellite constellation and integrated data analytics platform as key differentiators. Growth considerations include expanding its customer base, developing new data products, and capitalizing on increasing demand for real-time data and insights. Investors should monitor these factors to assess Spire's long-term performance.
What are the main risks for SPIR?
The main risks for Spire Global, Inc. include competition from established data providers and emerging space technology companies. Technological advancements could render existing satellite technology obsolete, requiring significant investment in upgrades. Regulatory changes could impact satellite operations and data collection. The company also faces risks associated with high capital expenditure for satellite maintenance and upgrades, as well as the potential for satellite failures. These risks could impact Spire's financial performance and market position.
What are the key factors to evaluate for SPIR?
Spire Global, Inc. (SPIR) holds an AI score of 29/100 (low). P/E: 13.0x vs the S&P 500's ~20-25x. Analysts target $16.50 (-7%). Not financial advice.
How frequently does SPIR data refresh on this page?
SPIR prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven SPIR's recent stock price performance?
Spire Global, Inc. (SPIR) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Proprietary satellite constellation. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SPIR overvalued or undervalued right now?
Spire Global, Inc. (SPIR) trades at 13.0x earnings. Analysts target $16.50 (-7%) — near fair value. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying SPIR?
Before investing in Spire Global, Inc. (SPIR), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial metrics are based on the most recent filings.