Spire Global, Inc. (SPIR) Stock Analysis
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 $13.89. Spire Global, Inc. is a space-to-cloud data and analytics company that owns and operates a constellation of nanosatellites. Market cap: $452M, Sector: Industrials.
Price as of Aug 21, 2026 · Last analyzed: May 9, 2026SPIR stock analysis for 2026: Analysts have set a consensus price target of $16.50 for Spire Global, Inc., suggesting 18.8% upside from the current price of $13.89. The AI MoonshotScore is 7/100, indicating a strong bearish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
SPIR: 2/3 scored disciplines lean bearish. Dominant signal: Growth Durability weak.
How is this calculated? →Why this analysis is different
- A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
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 $452M 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. | $1.11 | +0.00% | $112M | 46 |
| PL Planet Labs PBC | $22.62 | -3.17% | $7.53B | — |
| MAXR Maxar Technologies Inc. | $52.99 | +0.02% | $4.00B | 44 |
| QUAD Quad/Graphics, Inc. | $10.21 | +0.89% | $526M | 76 |
| RKSLF Raksul Inc. | $9.06 | +0.00% | $540M | 54 |
| GLCDF GL Events S.A. | $18.40 | +0.00% | $540M | 51 |
| BUUU BUUU Group Limited provides meeting, incentive, conference, and exhibition solutions, including event management and stage production services. The company | $31.00 | +9.15% | $363M | 63 |
| IPHLF IPH Limited | $2.68 | +0.00% | $687M | 51 |
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 -0.74 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-75.2%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 1/9 flags soft profitability, leverage or efficiency.
- 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.
- 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 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.
Spire Global, Inc. Financial Trajectory
Spire Global, Inc. (SPIR) reported $18.0M in revenue for Q2 2026, reflecting 14.0% growth compared to the prior quarter. The company recorded a net loss of $20.0M, with diluted EPS of $-0.52. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this small-cap Industrials company. Across the four most recent quarters, SPIR averaged $-0.67 in diluted EPS.
How Spire Global, Inc. Is Valued
Spire Global, Inc. carries a market capitalization of $452M, placing it in the small-cap category. Relative to its peer group, SPIR's quantitative score of 7/100 is below the peer average of 55/100.
Key Financial Metrics
Return on equity for Spire Global, Inc. stands at -75.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -40.0%, showing how much profit it generates from its asset base. Its free cash flow yield is -23.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.87 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -17.0%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Spire Global, Inc.'s Piotroski F-Score is 1/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -0.74 places it in the distress zone, a signal of elevated financial risk.
Earnings Track Record
Spire Global, Inc. has beaten Wall Street's EPS estimate in 4 of its last 8 reported quarters — more hits than misses. Reported results have landed about 2.1% above estimates on average.
Forward 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.
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
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $18M | -$20M | -$0.52 |
| Q1 2026 | $16M | -$26M | -$0.78 |
| Q4 2025 | $16M | -$25M | -$0.76 |
| Q3 2025 | $13M | -$20M | -$0.61 |
Based on FMP financials and quantitative analysis
SPIR Latest News
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Cerebras Systems, Securitize, Stubhub Holdings And Other Big Stocks Moving Lower In Thursday’s Pre-Market Session
benzinga · Aug 13, 2026
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12 Industrials Stocks Moving In Wednesday's After-Market Session
benzinga · Aug 12, 2026
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One Space Stock Defied July’s Rout – Here’s Why It Outperformed ASTS, RKLB, And SPCX
Stocktwits · Aug 3, 2026
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Spire Global Hits Major Milestone With Successful 10-Satellite Launch. How You Should Play SPIR Stock Here.
Barchart · Jul 11, 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 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Classification
Industry Specialty Business ServicesLatest News
Cerebras Systems, Securitize, Stubhub Holdings And Other Big Stocks Moving Lower In Thursday’s Pre-Market Session
12 Industrials Stocks Moving In Wednesday's After-Market Session
One Space Stock Defied July’s Rout – Here’s Why It Outperformed ASTS, RKLB, And SPCX
Spire Global Hits Major Milestone With Successful 10-Satellite Launch. How You Should Play SPIR Stock Here.
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 the AI Score mean for SPIR?
SPIR holds an AI Score of 7/100 (Grade: F). This is an educational research signal, not a buy or sell recommendation. Spire Global, Inc. is a space-to-cloud data and analytics company that owns and operates a constellation of nanosatellites. It provides proprietary data, analytics, and space services to various …
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.
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.
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.
What are the key factors to evaluate for SPIR?
Spire Global, Inc. (SPIR) holds an AI score of 7/100 (low). P/E: 13.0x vs the S&P 500's ~20-25x. Analysts target $16.50 (+19%). Not financial advice.
How frequently does SPIR data refresh on this page?
SPIR's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates 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 (+19%) — upside seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research SPIR before investing?
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) analyst consensus ratings and 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.