Stock events for Spire Global, Inc. (SPIR)
In the past six months, Spire Global's stock has experienced several notable events. As of early March 2026, the stock price was around $9.55, representing an 8.52% increase over the last six months, but a 13.57% decrease over the past year. In April 2025, Spire sold its non-U.S. maritime business, a strategic shift aimed at eliminating debt and focusing on higher-margin areas. In September 2025, Spire received a non-compliance notice from the NYSE. As of March 2026, the consensus rating was "Hold" with an average 1-year price target of approximately $12.42. In February 2026, CEO Theresa Condor and Chairman Peter Platzer sold shares. In mid-December 2025, Spire reported Q3 2025 revenue of $12.7 million and expects over 30% revenue growth in 2026. Spire successfully launched nine satellites in January 2026 and secured major contracts.
Demand Seasonality affecting Spire Global, Inc.’s stock price
Demand for Spire Global's products and services does not exhibit strong traditional seasonality. The company's revenue is largely driven by long-term government and commercial contracts. Revenue recognition can be impacted by the timing of government contracts and satellite refresh cycles. The company has a growing customer base, with government customers representing a significant portion of Spire's revenue, implying a more stable, long-term demand profile.
Overview of Spire Global, Inc.’s business
Spire Global, Inc. is a global provider of space-based data, analytics, and intelligence. The company builds, owns, and operates a constellation of over 170 multipurpose nanosatellites that observe Earth in real-time using radio frequency (RF) technology. Its major products and services include global weather intelligence, ship and plane movement tracking, and the detection of spoofing and jamming activity. Spire also offers "Space-as-a-Service" solutions, allowing customers to leverage its infrastructure for their own space-based operations. The company's services are delivered through subscription-based platforms and APIs, primarily serving the maritime, aviation, weather, space services, and government sectors.
SPIR’s Geographic footprint
Spire Global maintains a global presence with offices across the United States, Canada, the United Kingdom, Luxembourg, Germany, and Singapore. Its satellite constellation and data products serve customers and use cases worldwide, including European energy markets, the ERCOT market in Texas, and climate-exposed regions like Ethiopia's Somali Region.
SPIR Corporate Image Assessment
Spire Global's brand reputation has been positively influenced by major government contracts, successful satellite launches, and strategic partnerships. Spire has secured significant contracts with government agencies, including the Missile Defense Agency's SHIELD IDIQ contract, a large contract from the Government of Canada for wildfire monitoring, and renewed contracts with NOAA and EUMETSAT for weather data. The successful launch of multiple satellites demonstrates Spire's ongoing innovation and operational capabilities. Collaborations with companies like AiDASH and Deloitte enhance Spire's market reach and application of its data. The appointment of Admiral Christopher W. Grady (Ret.) and Edward J. Newberry to its Advisory Board is aimed at deepening Spire's national security and policy capabilities. The NYSE non-compliance notice in September 2025 and the reduction in revenue guidance following the maritime business sale and contract re-timing could be perceived negatively by investors.
Ownership
Spire Global, Inc. has 143 institutional owners and shareholders holding a total of 13,071,428 shares as of February 27, 2026. Major institutional owners include 325 Capital Llc, BlackRock, Inc., and Vanguard Group Inc. Key individual owners include Peter Platzer (Executive Chairman) and Theresa Condor (President, Chief Executive Officer and Director). Insiders collectively own 14.68% of the stock.
