EN DE
Watch Spire Global Inc for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Spire Global Inc (SPIR) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Spire Global Inc stock $8.64, price $8.65, that is 0.1% below the price, quality 35 out of 100. Rating: fairly valued. Calculated from audited financials with 10 of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Industrials US

SG Spire Global Inc logo Thin data Nov 8, 2026

Spire Global Inc

SPIR · US
Fairly valued, weak quality

The stock costs about what our calculation considers fair.

Low debt
Fair value $8.64 · Fairly valued
Expensive Growth (revenue 5y +43.0 %/yr in USD)
Loss over the last twelve months · -145.2% net margin (TTM) · fiscal year 2025 71.7%
Insiders sold $2.0M (6M)
Quality 35/100
Negative free cash flow
Trails peers (2/10)
Narrow moat 24/100
Thin data
⚠ Dilution
Watch Spire Global Inc for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$147.60 $3.34 Fair Value $8.64 Aug 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.

How to read this chart

60‑month range $3.34 – $147.60 · fair‑value band $6.49 – $18.87 · the $8.65 price screens above the $8.64 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.

Follow Spire Global in your weekly email

Every Wednesday you see whether Spire Global is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Spire Global, Inc. provides subscription-based data, insights, predictive analytics, and related project-based services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Show moreShow less

The company offers Space Reconnaissance service, a mission-critical insights support defense, intelligence, and national security operations; Aviation service, a satellite-based aircraft tracking data to power applications; Weather and Climate, a space-based data, AI-powered insights, and predictive weather analytics; and Space Services solutions includes space-as-a- service, which delivers and develops infrastructure, including ground station network and cloud infrastructure to access spaces.

It serves government, logistics, operations, insurance, energy, agriculture, and financial industries. It has strategic partnership with Schaeffler AG to develop space hardware subsystems, satellite platforms, and advanced radiofrequency (RF) and environmental sensing capabilities.

The company was formerly known as Nanosatisfi, Inc. and changed its name to Spire Global, Inc. in July 2014. Spire Global, Inc. was founded in 2012 and is headquartered in Vienna, Virginia.

Stock analysis

Spire Global Inc (SPIR) currently trades at $8.65, while our model-based Fair Value estimate is $8.64, so the stock looks roughly fairly valued today (gap 0.1%).

Show more

Valuation

Bull case: the Growth Earnings group reads highest at a median of $60.05 per share, and 8 of the 10 models we run sit above the $8.65 price.

Bear case: the Asset-Based group reads lowest at $1.51, and 2 of the 10 models stay below the price. Data coverage for this calculation is low.

Scenario range: $6.49 (bear) to $18.87 (bull), the price of $8.65 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 35/100 (below-average quality), in the Industrials sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Spire Global Inc reported revenue of $71.6M in FY2025 versus $43.4M in FY2021, a compound +13.3%/yr. Reported net income was $51.3M in FY2025.

Key figures

Market cap $331M Small · P/S ratio 5.73 · EPS (TTM) $−2.75 · Net margin −145% · Return on equity −61.7% · Return on assets (EBIT) −29.8% (5-year average) · Operating margin −107% · Revenue (TTM) $62.4M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 24 out of 100 (medium confidence).

What moves the price

The share trades about 66% below its 52-week high and 23% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Industrials peers we cover trades at −12% fair-value upside, at 0%, SPIR screens cheaper than that median.

Fair Value models

Bear $6.49 Fair Value $8.64 Bull $18.87
Price $8.65 · Downside -0.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Owner Earnings $14.30 $26.61 $47.26 71
Growth-Adj P/E $42.03 $60.05 $78.06 65
P/E Multiple $20.66 $27.54 $34.43 63
All 10 models by family
DCF Models
Owner Earnings $14.30 $26.61 $47.26 71
Earnings-Based
Graham-Dodd $8.92 $62.20 $87.29 61
Lynch FV $32.14 $45.91 $59.68 59
PEG = 1.0 $32.14 $45.91 $59.68 55
Multiples
P/E Multiple $20.66 $27.54 $34.43 63
P/S Multiple $2.74 $3.66 $4.57 58
P/B Multiple $7.63 $10.17 $12.71 55
Asset-Based
NCAV (Graham) $1.13 $1.51 $2.26 54
Economic Profit
Residual Income $5.99 $9.58 $22.20 61
Growth Earnings
Growth-Adj P/E $42.03 $60.05 $78.06 65

The fair value above starts from this blend and is adjusted for dilution from new shares.

Open the full fair value analysis →

Quality Score breakdown

Overall quality 35/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 68
How much profit the company makes from its sales and capital
Quality Growth 59
Are margins and returns getting better?
Cashflow 0
Do the profits arrive as real cash?
Financial strength 44
Debt, balance sheet and risk of trouble
Investment 54
Does it invest with discipline instead of growing at any price?
Low Volatility 0
How calm the share price moves, does not count
Price momentum 16
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 19
Distance to the 52-week high, does not count
New shares 0
Buys back shares or issues new ones?

Open the full quality analysis →

Insider trades

In the last 6 months, 6 officers or directors sold shares worth $2.0M and none bought.

  • SalePeter PlatzerExecutive Chairman, Director8× since Nov 11, 2025: 267,899 shares, avg. $8.95$2.4MOct 1, 202610b5-1 plan
  • SaleStephen MesserDirector17,986 shares at $14.06$252,883Aug 24, 2026
  • SaleAlison K EngelChief Financial Officer2× since May 20, 2026: 16,988 shares, avg. $17.82$302,744Aug 20, 202610b5-1 plan
  • SaleTheresa CondorChief Executive Officer, Director6× since Nov 21, 2025: 132,781 shares, avg. $11.31$1.5MAug 20, 202610b5-1 plan
  • SalePerez Celia PelezChief Operating Officer3× since Feb 20, 2026: 28,278 shares, avg. $11.15$315,259Aug 20, 202610b5-1 plan
  • SaleJohann Gabriel OehmeChief Technology Officer3× since Feb 20, 2026: 18,853 shares, avg. $11.15$210,183Aug 20, 202610b5-1 plan

Plus 8 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.

Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.

Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+36.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+43.0%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−91.3% (2020) → −121.4% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no profitable base year
not computed

Watch SPIR, get fair value alerts →

Compare Spire Global Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Business Services · 229 stocks

Beats the industry median on 2/9 measures
Overall it trails its industry peers.
Valuation
Quality Score 35 · Bottom 25%
Fair Value upside −0.1% · Below median
Profitability
Return on assets 24.3% · Top 25%
Net margin (12 months) −145.2% · Bottom 25%
Operating margin (12 months) −107.3% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) −5.9% · Bottom 25%
Balance sheet
Debt / equity 0.04× · Below median

Valuation Multiplesvs Specialty Business Services median · lower = cheaper

P/B 2.93× · Pricier than median
P/S (12 months) 5.31× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)33 · sector 45
FUTURE (revenue growth)0 · sector 33
PAST (return on equity)0 · sector 38
HEALTH (low debt)98 · sector 94
DIVIDEND (yield)0 · sector 57

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Specialty Business Services stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Copart, Inc CPRT $31.95 $35.15 +10% vs SPIR
RB Global, Inc RBA C$131.85 C$145.04 +10% vs SPIR
Wolters Kluwer N.V WKL €90.08 €98.05 +9% vs SPIR
Global Payments Inc GPN $97.40 $87.83 −10% vs SPIR
Brambles Limited BXB A$21.79 A$19.10 −12% vs SPIR
Cintas Corporation CTAS $222.36 $188.90 −15% vs SPIR
Rentokil Initial plc RTO $23.61 $19.63 −17% vs SPIR
Thomson Reuters Corporation TRI $112.57 $70.75 −37% vs SPIR
Aramark ARMK $52.54 $23.04 −56% vs SPIR
UL Solutions Inc ULS $78.65 $33.46 −57% vs SPIR

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Spire Global Inc: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Spire Global Inc Fair Value". https://www.fairvalue-calculator.com/stock/SPIR

Frequently asked questions

Is Spire Global Inc (SPIR) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $8.64 versus a price of $8.65, about 0% lower (fairly valued).
What is the fair value of SPIR?
Our model-based fair value for Spire Global Inc is $8.64 (as of Nov 8, 2026), built from audited fundamentals. The current price: $8.65.
What is the quality score of SPIR?
Spire Global Inc has a Quality Score of 35/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Spire Global Inc (SPIR)?
Our model-based price target is the fair value of $8.64 (as of Nov 8, 2026) from 10 valuation models. Cautious scenario $6.49, optimistic scenario $18.87. It is a calculation from audited fundamentals, not an analyst target.
What is the Spire Global Inc stock forecast for 2026?
Our models put fair value at $8.64, about 0% lower versus a price of $8.65 (fairly valued). Cautious scenario $6.49, optimistic scenario $18.87. The calculation is refreshed regularly with new filings.
What is the revenue of Spire Global Inc (SPIR)?
Spire Global Inc reported trailing-twelve-month revenue of about $62.4M (latest available figure, as of Nov 8, 2026).
What is the intrinsic value of Spire Global Inc (SPIR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Spire Global Inc it is $8.64 per share (as of Nov 8, 2026), against a price of $8.65. It is the blended result of 10 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Spire Global Inc stock overvalued or undervalued in 2026?
As of Nov 8, 2026, SPIR trades above its calculated fair value: price $8.65, fair value $8.64, a gap of about −0% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SPIR?
No. The price is what the market pays today ($8.65); the fair value is what the company's own numbers justify ($8.64). For Spire Global Inc the two are $0.0055 per share apart. That gap is exactly why we show both numbers side by side.
How much is Spire Global Inc worth?
The market values Spire Global Inc at about $331M (market capitalisation, as of Nov 8, 2026). Per share that is $8.65; our models calculate a fair value of $8.64 per share.
What do the bullish and bearish scenarios say about SPIR?
Our models span a range for Spire Global Inc: cautious scenario $6.49, base $8.64, optimistic $18.87 per share (as of Nov 8, 2026, price $8.65). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Spire Global Inc (SPIR)?
Balance-sheet figures for Spire Global Inc (as of Nov 8, 2026): return on equity −61.7%, debt of 0.04 per unit of equity. They feed the Quality Score of 35/100, which measures business quality independently of the share price.
How far is SPIR from its 52-week high?
Spire Global Inc trades at $8.65, about 66% below its 52-week high of $25.48 and 23% above the low of $7.02 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $8.64 is for.
Which stocks are comparable to Spire Global Inc?
From the same area (Industrials) we also value Cintas Corporation, Thomson Reuters Corporation, Copart, Inc, Global Payments Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Spire Global Inc stock attractive at the current price?
The data as of Nov 8, 2026: price $8.65, calculated fair value $8.64 (−0%), Quality Score 35/100, from 10 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SPIR calculated?
We run Spire Global Inc through 10 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $8.64 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Spire Global Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Spire Global Inc (SPIR)?
The closing price on Nov 6, 2026 was $8.65. Our model-based fair value is $8.64, about 0% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Spire Global Inc right now?
The model range is unusually wide ($6.49 to $18.87). The outcome hinges heavily on assumptions, so read the point estimate with caution. The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of Spire Global Inc

How large is the market capitalisation of Spire Global Inc (SPIR)?
The market capitalisation of Spire Global Inc is $331M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Spire Global Inc (SPIR)?
The price-to-sales ratio of Spire Global Inc is 5.73 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Spire Global Inc (SPIR)?
Earnings per share at Spire Global Inc are $−2.75. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Spire Global Inc (SPIR)?
The net margin of Spire Global Inc is −145% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Spire Global Inc (SPIR)?
The return on equity (ROE) of Spire Global Inc is −61.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Spire Global Inc (SPIR)?
On an EBIT basis the return on assets of Spire Global Inc is −29.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Spire Global Inc (SPIR)?
The operating margin of Spire Global Inc is −107% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Spire Global Inc (SPIR)?
Revenue at Spire Global Inc is growing −5.9% versus a year earlier (3y avg +36.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Spire Global Inc (SPIR) generate?
The free cash flow of Spire Global Inc is −$92.6M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Spire Global Inc (SPIR) hold?
Spire Global Inc holds more cash than debt, $11.4M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed

Watch Spire Global Inc in the live analysis

One click puts Spire Global Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.