Stifel lowered the firm’s price target on Spire Global (SPIR) to $18 from $20 and keeps a Buy rating on the shares. Spire reported Q4 results that came in ahead of expectations and Q4 appears to be the bottom, as the Q1 outlook suggests growth is “slowly resuming,” with top-line acceleration expected in the second half of 2025 and into 2026, the analyst tells investors in a post-earnings note.
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Read More on SPIR:
- Spire Global Reports 2024 Revenue Growth and Strategic Advances
- Closing Bell Movers: PVH jumps 15% on earnings and guidance
- Spire Global Reports Strong 2024 Financial Results
- Spire Global reports Q4 adjusted EPS ($2.21), consensus ($2.35)
- Spire Global sees Q1 adjusted EPS (65c)-(63c), consensus (46c)