Spire Global Inc (NYSE:SPIR) price on current trading day, rose 12.11% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $9.81.
A look at the stock’s price movement, the close in the last trading session was $8.75, moving within a range at $8.403 and $9.96. The beta value (5-Year monthly) was 2.426. Turning to its 52-week performance, $21.43 and $6.26 were the 52-week high and 52-week low respectively. Overall, SPIR moved 0.10% over the past month.
Spire Global Inc’s market cap currently stands at around $318.57 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-30.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SPIR is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 3 recommend SPIR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SPIR’s current price about 15.16% and -15.12% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 53.82, while 7-day volatility ratio is 13.21% and 9.31% in the 30-day chart. Further, Spire Global Inc (SPIR) has a beta value of 2.05, and an average true range (ATR) of 1.06. Analysts have given the company’s stock an average 52-week price target of $16.5, forecast between a low of $11 and high of $20. Looking at the price targets, the low is -12.13% off current price level while to achieve the yearly target high, price needs to move -103.87%. Nonetheless, investors will most likely welcome a -68.2% jump to $16.5 which is the analysts’ median price.
If we refocus on Spire Global Inc (NYSE:SPIR), historical trading data shows that trading volumes averaged 0.83 over the past 10 days and 732.52K over the past 3 months. The company’s latest data on shares outstanding shows there are 25.71 million shares.
The 21.83% of Spire Global Inc’s shares are in the hands of company insiders while institutional holders own 22.06% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.92 million on 2025-03-14, giving us a short ratio of 4.11. The data shows that as of 2025-03-14 short interest in Spire Global Inc (SPIR) stood at 1030.0 of shares outstanding, with shares short rising to 2.51 million registered in 2025-02-14. Current price change has pushed the stock -30.28% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SPIR stock continues to rise going into the next quarter.
