Craig Hallum initiated coverage on Spire Global with a new price target
$SPIR
Telecommunications Equipment
Consumer Discretionary
Craig Hallum initiated coverage of Spire Global with a rating of Buy and set a new price target of $13.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/14/2024 | $17.00 → $24.00 | Buy | Alliance Global Partners |
| 11/14/2024 | $8.00 → $20.00 | Hold → Buy | Craig Hallum |
| 9/10/2024 | $20.00 → $12.00 | Buy | Canaccord Genuity |
| 8/28/2024 | Outperform → Mkt Perform | Raymond James | |
| 8/15/2024 | $15.00 → $9.00 | Outperform → Neutral | Robert W. Baird |
| 8/15/2024 | Buy → Hold | Craig Hallum | |
| 6/13/2024 | Buy | Alliance Global Partners | |
| 6/5/2024 | $13.00 | Buy | Craig Hallum |
Spire entered into agreement to sell its maritime business for ~$241 million; purchase price ~5.8x trailing twelve months revenue Company intends to eliminate debt through sale proceeds Company intends to invest in growth and innovation of its data analytics and radio frequency geolocation solution offerings to address climate change and global security challenges for its customers Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, today announced an agreement to a sell its maritime business to Kpler for approximately $241 million. The Company intends to use the proceeds of the sale to retire all outstand
Spire Global, Inc. (NYSE:SPIR) ("Spire" or the "Company") announces a milestone for new contract bookings in the third quarter and provides an update on the ongoing review of its accounting practices. During the third quarter, the Company brought in $40.0 million of new contracts. This is the largest value of bookings the Company has received in a quarter. Spire entered the third quarter of 2024 with a cash and marketable securities balance of $45.8 million and ended the quarter with a balance of $36.6 million. During the quarter, Spire made a $10.0 million payment toward the outstanding principal balance of the term loans under the financing agreement with Blue Torch Finance LLC ("Blue T
Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, was awarded a concept study contract by NASA's Jet Propulsion Laboratory to develop space-based capabilities for a wildfire early detection warning and active monitoring system. Spire will partner with OroraTech, the global leader in space-based thermal intelligence, to design a comprehensive and scalable solution. Under the contract, Spire and OroraTech will develop a low-cost, orbital solution for monitoring wildfire-prone areas in the United States. Spire will leverage its experience developing and operating space and ground systems alongside OroraTech's expert
4 - Spire Global, Inc. (0001816017) (Issuer)
Alliance Global Partners reiterated coverage of Spire Global with a rating of Buy and set a new price target of $24.00 from $17.00 previously
Craig Hallum upgraded Spire Global from Hold to Buy and set a new price target of $20.00 from $8.00 previously
Canaccord Genuity resumed coverage of Spire Global with a rating of Buy and set a new price target of $12.00 from $20.00 previously
4 - Spire Global, Inc. (0001816017) (Issuer)
4 - Spire Global, Inc. (0001816017) (Issuer)
4 - Spire Global, Inc. (0001816017) (Issuer)
8-K - Spire Global, Inc. (0001816017) (Filer)
8-K - Spire Global, Inc. (0001816017) (Filer)
8-K - Spire Global, Inc. (0001816017) (Filer)
Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, was awarded a CA $1.41 million contract by the Government of Canada (GoC) for the provision of global automatic identification system (AIS) ship tracking data. The one-year contract includes options for two additional years, extending the total potential contract value to nearly CA $4.23 million.
Gainers Momentus (NASDAQ:MNTS) shares rose 8.9% to $0.59 during Thursday's after-market session. The market value of their outstanding shares is at $9.8 million. Getaround (NYSE:GETR) stock increased by 7.07% to $0.16. The company's market cap stands at $15.3 million. Spire Global (NYSE:SPIR) shares moved upwards by 5.06% to $11.0. The company's market cap stands at $267.4 million. BlackSky Technology (NYSE:BKSY) stock increased by 4.28% to $1.04. The market value of their outstanding shares is at $150.2 million. Solidion Technology (NASDAQ:STI) stock increased by 3.7% to $1.96. The market value of their outstanding shares is at $170.3 million. As per the news, the Q1 earnings report ca
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Redburn Atlantic analyst James Goodall upgraded the rating for United Airlines Holdings, Inc. (NASDAQ:UAL) from Neutral to Buy, while announcing a price target of $70. United Airlines shares gained 1.1% to close at $52.91 on Wednesday. See how other analysts view this stock. HSBC analyst Erwan Rambourg upgraded Lululemon Athletica Inc. (NASDAQ:LULU) from Hold to Buy and announced a price target of $425. Lululemon shares rose 0.5% to settle at $308.27 on Wednesday. See how other analyst
SC 13G/A - Spire Global, Inc. (0001816017) (Subject)
SC 13G/A - Spire Global, Inc. (0001816017) (Subject)
SC 13G/A - Spire Global, Inc. (0001816017) (Subject)
Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, is set to join the broad-market Russell 3000® Index, effective at the open of U.S. equity markets on July 1. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as the appropriate growth and value style indexes. "We are thrilled to announce our inclusion in this prestigious index, a milestone that underscores our commitment to delivering sustained growth and long-term value to our shareholders," said Peter Platzer, Spire CEO. Russell
The 'Four of a Kind' dedicated mission from Rocket Lab will deliver four SSA satellites, fully built and operated by Spire, to low Earth orbit Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a global provider of space-based data, analytics and space services, today announced the dedicated launch mission of four satellites for Space Situational Awareness provider, NorthStar Earth & Space. The ‘Four of a Kind' mission is scheduled to launch no earlier than January 18 between 19:15-20:00 NZT (January 18 between 06:15-07:00 UTC) from Rocket Lab Launch Complex 1 in New Zealand. The Company will livestream the launch on YouTube (@spire-global). "The upcoming launch of the first com
Weather industry veteran to lead the Company's global weather data and solutions strategy and growth Spire Global, Inc. (NYSE:SPIR) ("Spire" or "the Company"), a leading global provider of space-based data, analytics and space services, has appointed Michael Eilts as General Manager of Weather and Earth Intelligence. Mr. Eilts is an experienced entrepreneur and executive in the weather and environmental risk communication industry. He has four decades of experience in leading and scaling global SaaS organizations and technical expertise in meteorology and climate. Mr. Eilts will be responsible for leading the growth strategy and product roadmap for Spire's global weather data and solution
Spire announces multi-million-dollar contracts with U.S. Air Force, UK Space Agency and NASA The Company expects to report second quarter results and restate impacted historical financials within six-month period Spire Global, Inc. (NYSE:SPIR) ("Spire" or the "Company") announces new multi-million-dollar contracts, the receipt of an NYSE notice regarding its late Form 10-Q filing and the Company's decision to restate certain historical financials following its review of the technical revenue recognition accounting for certain contracts. Underscoring Spire's mission to improve life on Earth with data from space, the Company has been awarded new contracts focused on improving national s
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Aug. 22, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Spire Global Inc ("Spire" or "the Company") (NYSE:SPIR) investors that a lawsuit filed on behalf of investors that purchased Spire securities between March 6, 2024, and August 14, 2024. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join the case via https://portnoylaw.com/spire-global-inc/. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims
Spire Global, Inc. (NYSE:SPIR) ("Spire" or the "Company") has filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission ("SEC") related to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2024. The Company is working diligently to finalize its financial statements and will file its Quarterly Report on Form 10-Q as soon as practicable. The 12b-25 filing is available on Spire's investor relations website at ir.spire.com. The Company will reschedule its second quarter 2024 results conference call and announce the timing once the filing date of its Form 10-Q is confirmed. About Spire Global, Inc. Spire (NYSE:SPIR) is a g