Spire Global, Inc.

NYSE:SPIR Stock Report

Market Cap: US$539.6m

Spire Global Future Growth

Future criteria checks 2/6

Spire Global is forecast to grow earnings and revenue by 56.9% and 29.6% per annum respectively while EPS is expected to grow by 61.7% per annum.

Key information

56.9%

Earnings growth rate

61.73%

EPS growth rate

Professional Services earnings growth14.4%
Revenue growth rate29.6%
Future return on equityn/a
Analyst coverage

Low

Last updated13 Aug 2026

Recent future growth updates

Recent updates

Narrative Update • Jul 16

SPIR: Microwave Sounding And Space Data Deals Will Support Future Momentum

Spire Global's analyst price target has been increased from $17.00 to $24.00. Analysts cite updated models, higher long-term revenue assumptions, and what they view as attractive momentum in the business as key reasons for the change.
Narrative Update • Jul 02

SPIR: Future Microwave Sensing Momentum Will Struggle To Justify Current Optimism

The analyst price target for Spire Global has been raised from $9.00 to $15.00. This change reflects updated views that incorporate higher modeled revenue growth, slightly adjusted discount and profit margin assumptions, and a higher future P/E multiple consistent with recent Street research citing stronger momentum and a larger opportunity for its on orbit data and microwave sounding capabilities.
Narrative Update • Jun 18

SPIR: Future Returns Will Rely On European Defense And NOAA Data Execution

The analyst price target for Spire Global has been raised by $0.50, with analysts pointing to recent target increases across the Street and updated models that reflect steady assumptions for growth, profitability, and valuation multiples. Analyst Commentary Recent research on Spire Global highlights a mix of optimism around growth opportunities and caution around execution and valuation.
Seeking Alpha • Jun 10

Spire Global: A Quiet Contender In The Next Space Market Upswing

Summary Spire Global is positioned to capitalize on high-margin, government-driven data services, with 76% of 2026 revenue already under contract. SPIR's core business posted 13% year-over-year growth ex-maritime, with GAAP gross margin improving to 40%, reflecting operational efficiency gains. RF geolocation and government weather data are key growth drivers, with SPIR bidding on $150M in NOAA contracts and innovating in energy intelligence. Despite premium valuation multiples, I see a path to EBITDA breakeven by late 2026–early 2027 as operating leverage and contract wins scale. Read the full article on Seeking Alpha
Narrative Update • Jun 02

SPIR: Future Returns Will Depend On On Orbit Data And Partnerships Execution

Spire Global's updated analyst price target moves higher, with recent increases such as Canaccord's shift to $22.50 and other target bumps reflecting analysts' refreshed models after Q1 results, reiterated 2026 expectations, and expanded demand assumptions for on-orbit data and microwave sounding capabilities. Analyst Commentary Street research on Spire Global has turned more constructive around the updated models and long term demand assumptions for on orbit data and microwave sounding, but not all commentary is uniformly positive.
Analysis Article • May 27

Spire Global's (NYSE:SPIR) Earnings Are Built On Soft Foundations

Spire Global, Inc.'s ( NYSE:SPIR ) stock performed strongly after the recent earnings report. Investors should be...
Narrative Update • May 15

SPIR: Future Returns Will Depend On On Orbit Data Demand Execution

Spire Global's analyst price target has been raised from $17.60 to $20.38 as analysts factor in updated long term revenue assumptions, reiteration of 2026 expectations, and a larger opportunity in on orbit data and microwave sounding capabilities. Analyst Commentary Recent research updates cluster around higher price targets and refreshed revenue frameworks for Spire Global, with Q1 results and 2026 guidance acting as key reference points.
Narrative Update • Apr 27

SPIR: Future Returns Will Depend On Execution Against Rising Expectations

Spire Global’s analyst price target has shifted from $17.00 to $17.60. Analysts cite updated fair value estimates, a slightly lower discount rate, and modest adjustments to projected revenue growth and future P/E assumptions.
Narrative Update • Apr 11

SPIR: Execution Risk Around Revenue And Margin Assumptions Will Pressure Future Returns

Spire Global's updated analyst price target moves from $13.70 to $17.00 as analysts factor in higher modeled revenue growth, stronger profit margins, and a lower assumed future P/E multiple, which is reflected in recent target hikes from several research houses. Analyst Commentary Bullish Takeaways Bullish analysts recently lifted price targets in increments of about $2 to $8, which signals growing confidence in the updated revenue and margin assumptions that underpin the higher modeled valuation range.
Narrative Update • Mar 12

SPIR: Higher Future P/E Expectations Will Support Continued Bullish Thesis

Analysts have raised their price target on Spire Global by $5 to reflect updated assumptions around discount rates, long term revenue growth, profit margins, and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher price target as a reflection of updated assumptions that support a stronger long term revenue trajectory, which they see as better aligned with the company’s market opportunity.
Narrative Update • Feb 26

SPIR: Higher Future P/E Assumptions Will Support A Stronger Bullish Outlook

The analyst price target for Spire Global has been raised by $5, with analysts pointing to updated assumptions around the company’s future P/E multiple as the key driver behind this change. Analyst Commentary Bullish Takeaways Bullish analysts view the higher target price as better aligned with their updated P/E assumptions, suggesting they now see more value in the equity relative to their prior framework.
Narrative Update • Feb 09

SPIR: December Guidance And Defense Contract Wins Will Support Bullish Outlook

Narrative update Analysts have lifted their fair value estimate for Spire Global from US$12.50 to US$13.70, citing recent price target revisions and ongoing company updates as key inputs to their refreshed assumptions. Analyst Commentary Recent research updates present a mixed picture for Spire Global, with some analysts turning more optimistic on the upside potential while others are dialing back expectations and focusing on execution risks.
Narrative Update • Jan 26

SPIR: December Guidance And Filing Delays Will Shape Fairly Balanced Outlook

Analysts have nudged their fair value estimate for Spire Global from $11.50 to $12.50, reflecting updated discount rate and P/E assumptions following recent Street research. This research includes both a $5 price target increase from one firm and a reset to $12 from another, after delayed but better than expected Q2 results and an upcoming 2025 guidance update.
Narrative Update • Jan 12

SPIR: December Update Will Weigh Filing Delays Against New Contract Pipeline

Narrative Update on Spire Global Analysts have trimmed their price target on Spire Global from US$13.25 to US$11.50, citing recent research that pairs cautious valuation assumptions with expectations for updated guidance at the upcoming financial update call. Analyst Commentary Recent research points to a shift in how analysts balance Spire Global's execution against its current valuation, especially around the timing of financial updates and the implications for future guidance.
Narrative Update • Dec 19

SPIR: December Financial Update Will Clarify Outlook Amid Contract Momentum

Analysts have trimmed their price target on Spire Global from $16.25 to $13.25, reflecting a more conservative valuation. At the same time, improving revenue growth and margin expectations support maintaining a constructive long term outlook.
Analysis Article • Nov 13

Spire Global's (NYSE:SPIR) Profits May Be Overstating Its True Earnings Potential

The healthy profit announcement from Spire Global, Inc. ( NYSE:SPIR ) didn't seem to impress investors. We think that...
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New Narrative • Mar 28

Space Analytics And Climate Solutions Will Unlock Future Markets

Spire Global sees future growth in climate solutions and global security via space-based data, marking a major revenue opportunity.
Analysis Article • Mar 10

Spire Global, Inc.'s (NYSE:SPIR) 47% Share Price Plunge Could Signal Some Risk

Spire Global, Inc. ( NYSE:SPIR ) shareholders won't be pleased to see that the share price has had a very rough month...

Earnings and Revenue Growth Forecasts

NYSE:SPIR - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202799-35-2144
12/31/202680-68-46-255
6/30/202662-91-100-66N/A
3/31/20266449-109-78N/A
12/31/20257251-93-60N/A
9/30/20257727-101-75N/A
6/30/20259334-75-49N/A
3/31/2025100-101-46-18N/A
12/31/2024110-103-45-18N/A
9/30/2024113-72-234N/A
6/30/2024107-83-44-21N/A
3/31/2024109-84-54-32N/A
12/31/202398-78-54-36N/A
9/30/202386-88-60-42N/A
6/30/202385-86-57-42N/A
3/31/202376-106-63-43N/A
12/31/202271-99-67-46N/A
9/30/202273-7-83-61N/A
6/30/202262-42-95-72N/A
3/31/202252-30-81-62N/A
12/31/202143-38-74-58N/A
9/30/202136-113-58-46N/A
6/30/202133-64-39-30N/A
3/31/202134-42-29-21N/A
12/31/202028-33-25-15N/A
12/31/201918-32N/A-17N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SPIR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SPIR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SPIR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SPIR's revenue (29.6% per year) is forecast to grow faster than the US market (12.9% per year).

High Growth Revenue: SPIR's revenue (29.6% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if SPIR's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/13 14:12
End of Day Share Price 2026/08/13 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Spire Global, Inc. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian KinstlingerAlliance Global Partners
Ronald EpsteinBofA Global Research
Austin MoellerCanaccord Genuity