Spire Global stock slips after Morgan Stanley cuts target

Published on 09/19/2026 at 11:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley cut Spire Global stock to USD 88 from USD 91 on September 18, 2026. The shares closed at USD 12.14 on September 17, 2026.

SR, US84857P1021, Illustration mit AI erstellt.

Spire Global stock (ISIN US84857P1021) closed at USD 12.14 on September 17, 2026, after a 5.66 percent rise, while market capitalization stood at USD 474.86 million and volume at 691,168 shares. The move came after Morgan Stanley lowered its price target to USD 88.00 from USD 91.00 on September 18, 2026.

Target cut, still overweight

According to GuruFocus, analyst Stephen Byrd kept an Overweight rating on Spire on September 18, 2026, but cut the target to USD 88.00 from USD 91.00. That is a 3.30 percent reduction, and it leaves the target more than seven times above the latest close.

For investors, that gap matters more than the daily move. The market still values the company at USD 474.86 million, while the new target implies a much higher valuation if the rating call proves right.

Latest quarter missed

On August 12, 2026, MarketBeat said Spire Global reported EPS of USD -0.31 for the quarter, compared with a consensus estimate of USD -0.27, and revenue of USD 18.05 million versus USD 18.53 million expected. The same page also lists a consensus price target of USD 16.70 and a 52-week range of USD 6.60 to USD 25.93.

That quarter showed a miss of USD 0.04 per share on EPS and USD 0.48 million on revenue. The stock has still climbed 62.1 percent year to date from USD 7.49, which shows how far price action and earnings power have diverged.

Stock stays volatile

Spire Global stock traded between USD 11.65 and USD 12.31 on September 17, 2026, with a 50-day range of USD 10.54 to USD 14.86. The latest close sits 53.1 percent below the 52-week high of USD 25.93 and 83.6 percent above the 52-week low of USD 6.60.