This Small-Cap Space Stock Could Be a Long-Term Moonshot

Spire Global (NYSE: SPIR), a satellite-based data and analytics company, went public through a merger with a special purpose acquisition company (SPAC) five years ago. Its stock opened at a reverse-split-adjusted price of $83.36 on the first day, but now trades at about $13 per share.

Could Spire surprise investors with a comeback?

Like many other SPAC-backed space companies, Spire overpromised and underdelivered. But its business -- which collects data across its own proprietary constellation of nanosatellites and sells that information through space-as-a-service subscriptions -- is still growing.

Spire's revenue plunged 35% to $71.6 million in 2025, but the divestment of its maritime business caused that decline. It still serves the aviation, weather modeling, and defense markets, and analysts expect its revenue to rise 11% to $79.6 million in 2026 and 24% to $99 million in 2027. They also expect it to significantly narrow its net losses through 2027.

With an enterprise value of $536 million, Spire trades at less than seven times this year's sales. It won't attract as much attention as SpaceX (NASDAQ: SPCX), which is worth $1.79 trillion and trades at 40 times this year's sales, but it might be a hidden gem in the growing space sector.

Leo Sun has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.