Spire GlobalSPIR
Market Cap: 348M
About: Spire Global Inc is a provider of space-based data, analytics, and Space Services, offering datasets and powerful insights about Earth from the ultimate vantage point of space so that organizations can make decisions with confidence, accuracy, and speed. It generates revenue from four solutions: Maritime, Aviation, Weather, and Space Services. It offers the following three data solutions to customers; Maritime-precise space-based data used for accurate ship monitoring, ship safety, and route optimization, Aviation-precise space-based data used for accurate aircraft monitoring, aircraft safety, and route optimization, and Weather-precise space-based data used for accurate weather forecasting.
Employees: 430
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
400% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 5 (+4) [Q1 2024]
200% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 7
170% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 10
158% more capital invested
Capital invested by funds: $27.5M [Q4 2023] → $70.9M (+$43.5M) [Q1 2024]
73% more call options, than puts
Call options by funds: $6.15M | Put options by funds: $3.56M
34% more funds holding
Funds holding: 50 [Q4 2023] → 67 (+17) [Q1 2024]
9.88% more ownership
Funds ownership: 16.84% [Q4 2023] → 26.72% (+9.88%) [Q1 2024]
Research analyst outlook
6 Wall Street Analysts provided 1 year price forecasts over the past 6 months
6 analyst ratings
Craig-Hallum Jeff Van Rhee | 9%downside $13 | Buy Initiated | 5 Jun 2024 |
Canaccord Genuity Austin Moeller | 40%upside $20 | Buy Maintained | 16 May 2024 |
Stifel Erik Rasmussen | 40%upside $20 | Buy Maintained | 16 May 2024 |
Baird Jeffrey Meuler | 5%upside $15 | Outperform Maintained | 16 May 2024 |
Alliance Global Partners Brian Kinstlinger | 54%upside $22 | Buy Initiated | 18 Apr 2024 |
Financial journalist opinion
Based on 5 articles about SPIR published over the past 30 days