Spire Global Stock Target Price and Analyst Consensus

SPIR Stock  USD 16.34  0.17  1.05%   
The current analyst and expert consensus on Spire Global is Strong Buy, with 4 strong buy opinions. The current projected Spire Global target price consensus is 24.75 with 6 analyst opinions. Check out Macroaxis Advice on Spire Global to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Spire Stock, please use our How to Invest in Spire Global guide.
The most common way Spire Global analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Spire Global executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Spire Global. We strongly encourage you to use your own analysis of Spire Global to validate this buy or sell advice. Spire Global buy-or-sell recommendation module provides average expert sentiment on the projected Spire Global target price to derive its highest and lowest estimates based on projected price volatility of 4.1752.
Lowest Forecast
22.52
Highest Forecast
27.47
Target Price
24.75
As of 12/01/2024, Gross Profit is likely to drop to about 32.9 M. In addition to that, Pretax Profit Margin is likely to drop to -0.63. At this time, Spire Global's Other Current Liabilities is relatively stable compared to the past year. As of 12/01/2024, Net Tangible Assets is likely to grow to about 133 M, while Short and Long Term Debt Total is likely to drop slightly above 93.7 M.
  
It's important to approach Spire Global's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Spire Global Target Price Consensus

Spire target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Spire Global's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   6  Strong Buy
Most Spire analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Spire stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Spire Global, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Spire Global Target Price Projection

Spire Global's current and average target prices are 16.34 and 24.75, respectively. The current price of Spire Global is the price at which Spire Global is currently trading. On the other hand, Spire Global's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Spire Global Market Quote on 1st of December 2024

Low Price16.19Odds
High Price16.76Odds

16.34

Target Price

Analyst Consensus On Spire Global Target Price

Low Estimate22.52Odds
High Estimate27.47Odds

24.75

Historical Lowest Forecast  22.52 Target Price  24.75 Highest Forecast  27.47
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Spire Global and the information provided on this page.

Spire Global Analyst Ratings

Spire Global's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Spire Global stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Spire Global's financials, market performance, and future outlook by experienced professionals. Spire Global's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Spire Global price targets

Spire Global's stock target price is an estimate of its future price, usually made by analysts. Using Spire Global's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Spire Global's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Spire Global's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Spire Global Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Spire Global is a key component of Spire Global valuation and have some predictive power on the future returns of a Spire Global.
Hype
Prediction
LowEstimatedHigh
12.5516.7620.97
Details
Intrinsic
Valuation
LowRealHigh
14.7120.8725.08
Details
Naive
Forecast
LowNextHigh
12.4016.6020.81
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.3-0.28-0.25
Details

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Additional Tools for Spire Stock Analysis

When running Spire Global's price analysis, check to measure Spire Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spire Global is operating at the current time. Most of Spire Global's value examination focuses on studying past and present price action to predict the probability of Spire Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire Global's price. Additionally, you may evaluate how the addition of Spire Global to your portfolios can decrease your overall portfolio volatility.