Spire Global stock news
On August 27, 2026, Stifel reiterated a "Buy" rating and a $24.00 price target for Spire Global (NYSE: SPIR), following the company's award of a two--year, $28 million contract from the National Oceanic and Atmospheric Administration (NOAA). The contract aims to transition Spire's Hyperspectral Microwave Sounder (HyMS) technology from an on--orbit demonstration to a flight--ready operational system for future weather forecasting missions. Analysts highlighted that this award represents approximately 45% of Spire's trailing twelve--month revenue, significantly enhancing visibility for fiscal year 2026 revenue execution and reinforcing the company's growth momentum in the weather intelligence sector.