Spire Global Shares Drop After Narrower 2026 Revenue Outlook

Spire Global shares fell nearly 15% in after-hours trading to $7.95 after the satellite data provider reported third-quarter results and narrowed its 2026 revenue forecast. The company now expects revenue of $75 million to $80 million, compared with its previous range of $75 million to $85 million.

November 11, 2026, 03:04 AM 1,197 0

Spire reported a third-quarter loss of 52 cents per share on revenue of $18 million. In the same period a year earlier, it recorded a loss of 61 cents per share on revenue of $12.7 million.

The stock had ended the regular session down 1.1% at $9.35. Spire also gave a preliminary revenue forecast of $96 million to $106 million for the full year ending Dec. 31, 2027.

When reusing this material a link to Money Talk is required.