Spire's Price Target Raised to $81 by Stifel Analyst

Stifel analyst Selman Akyol raised Spire's (SR) price target to $81.00 from $69.00, a 17.39% increase, but maintained a "Hold" rating. The average analyst target price is $80.13, suggesting a 5.85% upside from the current price of $75.70. The GF Value estimate for Spire in one year is $64.30, indicating a 15.06% downside from the current price.

Stifel analyst Selman Akyol has increased the price target for Spire Inc (SR) from $69 to $81, a 17.39% increase. Despite this upward revision, the analyst maintains a Hold rating on the company's shares. The new target reflects Akyol's updated assessment of the stock's potential value.

Wall Street analysts have forecasted an average target price of $80.13 for Spire Inc, indicating a 5.85% upside from the current price of $75.70. The consensus recommendation from brokerage firms is currently "Outperform," with an average rating of 2.5.

GuruFocus estimates the GF Value for Spire Inc in one year to be $64.30, suggesting a 15.06% downside from the current price. The GF Value is GuruFocus' estimate of the fair value that the stock should be traded at, calculated based on historical multiples, past business growth, and future performance estimates.

Spire Inc reported an increase in adjusted earnings per share to $3.60 from $3.45 year-over-year, driven by strong growth in utility and midstream segments. The company reaffirmed its long-term EPS growth target of 5 to 7%, supported by a $7.4 billion capital investment plan over 10 years.

Spire Inc successfully renewed a three-year labor agreement with the local 548 union, providing stability to its workforce. The company also increased its fiscal 2025 capital investment target by $50 million to $840 million, indicating a commitment to infrastructure improvement and growth.

However, Spire Inc faced challenges with weather-related margin headwinds, leading to a $9 million reduction in expected margins for residential customers. The company's gas marketing segment experienced slightly lower results due to reduced market volatility, and higher corporate costs were reported, primarily due to increased borrowing balances.

Spire Inc is scheduled to release its Q1 2025 earnings on May 14, 2025, at 5:00 p.m. ET. Investors and analysts can join via webcast at ir.spire.com or by calling toll-free at 877-841-2968 using conference ID 13753787.

Spire Global Inc (NYSE: SPIR) provides cutting-edge space-based data solutions for maritime, aviation, and weather intelligence. The company has launched Aircraft Exposure Analytics, an innovative aviation solution that quantifies aircraft exposure to hazardous weather conditions.

Spire Global was selected by the U.S. Space Force's Space Systems Command for a significant 10-year IDIQ contract under the Space Test Experiments Platform (STEP) 2.0 program, with a ceiling value of $237 million.

Spire Global reported Q1 2025 revenue of $23.9 million, with regional distribution of 57% from Americas, 34% from EMEA, and 9% from Asia Pacific. The company improved its operational cash flow usage by 5% year-over-year to $8.4 million.

Spire Global has expanded its partnership with Myriota to design, build, and operate 16 additional satellites with enhanced second-generation payloads for IoT connectivity, increasing Myriota's total satellite deployment through Spire to over 40 satellites.

Spire Global completed the sale of its maritime business to Kpler for approximately $233.5 million, plus a $7.5 million service agreement extending over twelve months post-closure. The company has utilized the proceeds to completely eliminate its outstanding debt.

Spire Global reported its Q4 and full year 2024 results, achieving $110.5 million in revenue for 2024, representing a 13% increase from 2023.

References:

[1] https://www.gurufocus.com/news/2977205/spire-sr-sees-price-target-raised-by-stifel-analyst-sr-stock-news

[2] https://www.stocktitan.net/news/SPIR/