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How Does Spire Global Inc (SPIR) Stock Rank on Wall Street Wednesday?

Wednesday, January 19, 2022 11:07 AM | InvestorsObserver Analysts

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How Does Spire Global Inc (SPIR) Stock Rank on Wall Street Wednesday?

Wall Street is positive on Spire Global Inc (SPIR). On average, analysts give the stock a Buy rating. The average price target is $8.875, which means analysts expect the stock to rise by 255.00% over the next twelve months. That average ranking earns the stock an Analyst Rating of 28, which is better than 28% of stocks based on data compiled by InvestorsObserver.

Overall Score - 4
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 up 0.2% while the S&P 500 is down -0.04% as of 11:06 AM on Wednesday, Jan 19. SPIR is higher by $0.01 from the previous closing price of $2.50 on volume of 488,059 shares. Over the past year the S&P 500 is up 20.44% while SPIR is down -76.28%. SPIR lost -$0.92 per share the over the last 12 months. Click Here to get the full Stock Report for Spire Global Inc stock.

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