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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.

While we acknowledge the potential of SPIR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SPIR and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Best NASDAQ Dividend Stocks to Buy Now and 14 Best Low Volatility Dividend Stocks to Invest In

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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