Spire Global, Inc. (SPIR) AI Stock Analysis

Spire Global, Inc., based in San Francisco, California, specializes in developing hardware and data analytics platforms that monitor oceans, skies, and weather patterns. Founded in 2012 as Nanosatisfi, Inc. and rebranded in July 2014, the company deploys a proprietary satellite constellation. Its satellites collect real-time data on atmospheric and oceanic conditions to serve maritime, weather forecasting, aviation, space services, earth intelligence, and federal sectors. Spire also engages in strategic collaborations, including working with TAC Index Limited to integrate satellite analytics into transportation and logistics applications, while maintaining international offices in Boulder, Washington, D.C., Glasgow, Luxembourg, and Singapore.

Spire expanded revenue from $43.4M in FY2021 to $110.5M in FY2024 before revenue declined 35.2% to $71.6M in FY2025. Gross margin was 40.8% in FY2025, while operating margin was -121.4%. Net income was $51.3M in FY2025, contrasting with -$102.8M in FY2024, though diluted EPS remained negative at -$1.98. In the latest quarter ended June 30, 2026, quarterly revenue growth declined 5.9% year-over-year. Over the trailing twelve months, revenue totaled $62.4M with an operating margin of -107.3%, a profit margin of -145.2%, and an EPS of -$2.75.

As of June 30, 2026, Spire Global held $91.7M in cash and short-term investments and $6.8M in total debt, resulting in net cash of $84.9M. Shareholders' equity was $144.3M against total assets of $226.7M, yielding a debt-to-equity ratio of 0.05 and a current ratio of 1.87. In FY2025, operating cash flow was -$59.8M and capital expenditures were $32.8M, bringing free cash flow to -$92.6M. Over five years, the company's share count increased 96.3%.

Spire trades at an enterprise value of $395.6M and a market cap of $350.1M. Its price-to-sales ratio is 5.6x, compared to the median of 1.5x for its US-listed Industrials peers. Its EV-to-EBITDA multiple sits at 7.8x, below the sector peer median of 13.9x. The stock closed at $8.95 on October 16, 2026, down 35.3% versus its 200-day average. Over the past year, the stock fell 25.2%, while the S&P 500 (SPY) returned 16.8%.

Wall Street coverage includes 4 Strong Buy ratings, 0 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The mean price target is $20.88, representing a 133.2% upside compared to the last close of $8.95. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $80.0M and EPS of -$1.01. For the subsequent fiscal year, 2 analysts estimate revenue of $99.7M and EPS of -$0.39. Over the last four quarters, Spire has beaten EPS estimates 2 times.

This page is an AI-written research summary of Spire Global, Inc. (SPIR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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