Northland Capmk Expects Higher Earnings for Planet Labs PBC

Planet Labs PBC (NYSE:PL) – Equities researchers at Northland Capmk upped their FY2025 earnings per share (EPS) estimates for shares of Planet Labs PBC in a research report issued to clients and investors on Tuesday, December 10th. Northland Capmk analyst M. Latimore now forecasts that the company will post earnings of ($0.37) per share for the year, up from their previous forecast of ($0.42). The consensus estimate for Planet Labs PBC’s current full-year earnings is ($0.41) per share. Northland Capmk also issued estimates for Planet Labs PBC’s Q4 2025 earnings at ($0.07) EPS, Q1 2026 earnings at ($0.07) EPS, Q2 2026 earnings at ($0.06) EPS, Q3 2026 earnings at ($0.06) EPS, Q4 2026 earnings at ($0.06) EPS and FY2026 earnings at ($0.26) EPS.

Several other equities analysts have also recently commented on PL. JMP Securities restated a “market outperform” rating and issued a $4.50 target price (up from $4.00) on shares of Planet Labs PBC in a research report on Monday, December 9th. The Goldman Sachs Group reduced their target price on Planet Labs PBC from $3.50 to $3.10 and set a “buy” rating on the stock in a report on Tuesday, September 10th. Craig Hallum boosted their price target on Planet Labs PBC from $2.50 to $3.50 and gave the stock a “hold” rating in a report on Tuesday, December 10th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $5.00 price objective on shares of Planet Labs PBC in a research note on Tuesday, December 10th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Planet Labs PBC currently has a consensus rating of “Moderate Buy” and a consensus price target of $4.14.

Planet Labs PBC Stock Performance

Shares of NYSE PL opened at $4.01 on Friday. Planet Labs PBC has a 52 week low of $1.67 and a 52 week high of $4.99. The stock’s fifty day moving average is $2.96 and its 200 day moving average is $2.43. The stock has a market capitalization of $1.19 billion, a P/E ratio of -9.78 and a beta of 1.34.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Algert Global LLC bought a new position in Planet Labs PBC in the 2nd quarter valued at approximately $38,000. Valeo Financial Advisors LLC bought a new position in shares of Planet Labs PBC during the third quarter valued at $45,000. Vontobel Holding Ltd. lifted its holdings in shares of Planet Labs PBC by 81.5% during the third quarter. Vontobel Holding Ltd. now owns 22,270 shares of the company’s stock worth $50,000 after purchasing an additional 10,000 shares during the period. nVerses Capital LLC bought a new stake in shares of Planet Labs PBC in the third quarter worth $61,000. Finally, SG Americas Securities LLC grew its stake in shares of Planet Labs PBC by 234.6% in the second quarter. SG Americas Securities LLC now owns 44,442 shares of the company’s stock worth $83,000 after purchasing an additional 31,160 shares during the last quarter. 41.71% of the stock is currently owned by institutional investors and hedge funds.

Planet Labs PBC Company Profile

Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company’s platform offers planet monitoring, basemap, tasking, apps, and application programming interfaces, as well as analytics and planetary variables.