Wall Street is positive on Spire Global Inc (SPIR). On average, analysts give the stock a Buy rating. The average price target is $4.616, which means analysts expect the stock to climb by 294.53% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 30, which is better than 30% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating SPIR a Buy today. Find out what this means to you and get the rest of the rankings on SPIR!
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Spire Global Inc Stock Today?
Spire Global Inc (SPIR) stock is unmoved 0.43% while the S&P 500 is down -0.64% as of 1:15 PM on Thursday, Jun 30. SPIR is flat $0.00 from the previous closing price of $1.17 on volume of 340,055 shares. Over the past year the S&P 500 is down -11.71% while SPIR is down -88.28%. SPIR lost -$0.92 per share the over the last 12 months.
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