Spire Global ( (SPIR) ) has released a notification of late filing.
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Spire Global, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending September 30, 2025. The delay is primarily due to the late engagement of KPMG LLP as the new independent registered public accounting firm following the resignation of PricewaterhouseCoopers LLP. This transition has caused delays in the preparation and review of the company’s financial statements. Spire Global does not expect to meet the five-day extension period for filing. The company has reported significant financial changes, including a $154.3 million gain from the sale of its maritime business, which has resulted in net income for the period as opposed to a net loss in the previous year. However, the company also faced increased administrative expenses and a decrease in revenue due to the divestment. Spire Global is actively working on compliance and the notification was signed by Chief Financial Officer Alison Engel.
The most recent analyst rating on (SPIR) stock is a Hold with a $7.50 price target. To see the full list of analyst forecasts on Spire Global stock, see the SPIR Stock Forecast page.
Spark’s Take on SPIR Stock
According to Spark, TipRanks’ AI Analyst, SPIR is a Neutral.
Spire Global’s overall stock score is primarily impacted by its weak financial performance, characterized by high leverage and negative cash flow. Technical analysis indicates bearish momentum, while valuation is moderate. The earnings call provided some positive strategic developments, but these are offset by operational challenges and uncertainties.
To see Spark’s full report on SPIR stock, click here.
More about Spire Global
Average Trading Volume: 534,188
Technical Sentiment Signal: Sell
Current Market Cap: $281.7M
For detailed information about SPIR stock, go to TipRanks’ Stock Analysis page.