Morgan Stanley Lifts Spire Global Price Target to $100 from $93
Morgan Stanley raised its Spire Global target to $100 from $93 and maintained an Overweight rating after revising utility and IPP benchmarks following underperformance vs. the S&P. The firm expects a balanced Q4 earnings discussion on data center pipelines as affordability concerns and political factors reshape utility infrastructure investment outlooks.
1. Morgan Stanley Raises Price Target
Morgan Stanley raised its price target on Spire Global to $100 from $93 and maintained an Overweight rating after updating utility and IPP benchmarks. The firm cited recent utility underperformance versus the S&P and forecast a balanced Q4 call centered on data center pipeline discussions.
2. Spire Global Partners with AiDASH
In January, Spire Global partnered with AiDASH to integrate its high-resolution satellite weather forecasts into AiDASH’s vegetation risk and grid monitoring solutions. This integration provides utility control centers across North America with real-time weather intelligence to anticipate outages, mitigate wildfire risks, and enhance operational decision-making.