Spire Global Inc faces challenges ahead of Q3 earnings report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 17 Dec 25
Source: Benzinga
Spire Global, Inc. shares fell by 24.27% and crossed below the 5-day SMA amid a broader market decline, with the Nasdaq-100 down 1.82% and the S&P 500 down 1.10%.
The decline is attributed to the upcoming third-quarter earnings report scheduled for December 17, where analysts predict a loss of 33 cents per share and revenue of $21.17 million, which is a decrease from last year's revenue of $28.57 million. Additionally, the stock had already dropped 5.7% following disappointing second-quarter results, indicating a challenging outlook.
This significant drop in share price reflects investor concerns about the company's financial performance and the mixed analyst ratings, which may lead to further volatility as the earnings report approaches.
Analyst Views on SPIR
Wall Street analysts forecast SPIR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPIR is 11.50 USD with a low forecast of 9.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 12.650
Low
9.00
Averages
11.50
High
14.00
Current: 12.650
Low
9.00
Averages
11.50
High
14.00
About SPIR
Spire Global, Inc. is a global provider of space-based data, analytics and space services, offering datasets and insights about earth so that organizations can make decisions. The Company builds, owns, and operates a fully deployed satellite constellation that observes the earth in real time using radio frequency technology. The data acquired by its satellites provides global weather intelligence, plane movements, and spoofing and jamming detection to better predict how their patterns impact economies, global security, business operations and the environment. It also offers space as a service solution that empowers customers to leverage its infrastructure to put their business in space. It provides customers these solutions through an application programming interface infrastructure. It also offers research and development services to third parties, for the advancement of contracted satellite technologies. It has a presence in the United States, Canada, Luxembourg, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
