When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
SPIR - Spire Global Stock: Vast Potential And Vast Uncertainty
Spire Global Inc. Class A
2024-03-20 08:30:47 ET
Summary
Spire Global stock spiked by 30% on March 19, after news of a collaboration with NVIDIA, but there are not much details about the potential partnership yet.
I like the P&L dynamics with above 50% revenue CAGR over the last five years and improving cash burn dynamics.
However, I have big reservations about Spire Global's balance sheet, especially some terms and conditions related to the long-term debt.
Despite a 20% undervaluation suggested by my analysis, I am not investing in SPIR stock due to my concerns regarding the company's balance sheet.