Planet Labs PBC (NYSE:PL – Free Report) – Equities researchers at Wedbush issued their FY2025 earnings per share estimates for Planet Labs PBC in a report released on Tuesday, December 10th. Wedbush analyst D. Ives forecasts that the company will post earnings of ($0.37) per share for the year. Wedbush currently has a “Outperform” rating and a $5.00 target price on the stock. The consensus estimate for Planet Labs PBC’s current full-year earnings is ($0.41) per share. Wedbush 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 ($0.07) EPS, Q3 2026 earnings at ($0.06) EPS, Q4 2026 earnings at ($0.06) EPS and FY2026 earnings at ($0.26) EPS.
Several other research analysts have also recently weighed in on PL. JMP Securities reaffirmed a “market outperform” rating and set a $4.50 target price (up previously from $4.00) on shares of Planet Labs PBC in a research note on Monday, December 9th. Needham & Company LLC restated a “buy” rating and set a $5.00 price objective on shares of Planet Labs PBC in a research report on Tuesday. The Goldman Sachs Group dropped their target price on shares of Planet Labs PBC from $3.50 to $3.10 and set a “buy” rating on the stock in a report on Tuesday, September 10th. Finally, Craig Hallum raised their target price on shares of Planet Labs PBC from $2.50 to $3.50 and gave the stock a “hold” rating in a report on Tuesday. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Planet Labs PBC presently has a consensus rating of “Moderate Buy” and an average price target of $4.14.
Planet Labs PBC Price Performance
Planet Labs PBC stock opened at $4.01 on Friday. Planet Labs PBC has a 12-month low of $1.67 and a 12-month high of $4.99. The stock has a market capitalization of $1.18 billion, a PE ratio of -9.77 and a beta of 1.34. The firm has a 50 day simple moving average of $2.96 and a 200-day simple moving average of $2.42.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Valeo Financial Advisors LLC acquired a new position in Planet Labs PBC during the third quarter worth $45,000. Algert Global LLC bought a new position in shares of Planet Labs PBC in the 2nd quarter valued at approximately $38,000. Vontobel Holding Ltd. boosted its position in 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 acquired a new position in Planet Labs PBC during the third quarter valued at approximately $61,000. Finally, SG Americas Securities LLC grew its holdings in Planet Labs PBC by 234.6% during the second quarter. SG Americas Securities LLC now owns 44,442 shares of the company’s stock valued at $83,000 after purchasing an additional 31,160 shares during the last quarter. Institutional investors own 41.71% of the company’s stock.
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.
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