Morgan Stanley Raises Spire Global (SPIR) Target as Utility Outlook Evolves

Spire Global, Inc. (NYSE:SPIR) is included among the 13 Best Strong Buy Dividend Stocks to Invest in.

On February 20, Morgan Stanley raised its price recommendation on Spire Global, Inc. (NYSE:SPIR) to $100 from $93. It reiterated an Overweight rating on the shares. The firm said the change came as it updated its targets across Regulated and Diversified Utilities and IPP stocks in North America. The analyst noted that utilities underperformed the S&P this month, which influenced the broader review. Looking ahead to Q4 earnings, the firm expects a more balanced discussion around data center pipelines. This comes as affordability concerns and political factors have started to shape the outlook. These issues are becoming part of the conversation, especially as utilities weigh long-term infrastructure investments.

Earlier in January, Spire announced that AiDASH selected the company to provide advanced weather intelligence and data. AiDASH is known for its vegetation, storm, and ignition risk intelligence, along with its SatelliteFirst grid monitoring solutions. The collaboration strengthens AiDASH’s platform by adding more precise weather insight.AiDASH has integrated Spire’s high-resolution weather forecasts into its AI-driven vegetation and outage prediction tools. These forecasts are powered by Spire’s fully deployed satellite constellation and are now used in utility control centers across North America. This gives operators clearer visibility into weather-related risks as conditions change.

The combined system brings together Spire’s forecasting capabilities and AiDASH’s vegetation risk models. This allows utilities to better anticipate outages, reduce wildfire risks, and respond more effectively when disruptions occur. Access to real-time data helps utilities make faster and more informed operational decisions.

Spire Global, Inc. (NYSE:SPIR) provides space-based data, analytics, and satellite services. Its datasets help organizations monitor conditions on Earth and support decision-making across industries.

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