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Planet Labs PBC - PL Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $3.93
  • Forecasted Upside: 65.07%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$2.38 As of 10/30/2024 03:53 PM ET
+0 (0.00%)

This chart shows the closing price for PL by one month, three months, or twelve months.

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Analyst Price Target for PL

Analyst Price Target is $3.93
▲ +65.07% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Planet Labs PBC in the last 3 months. The average price target is $3.93, with a high forecast of $5.00 and a low forecast of $2.50. The average price target represents a 65.07% upside from the last price of $2.38.

This chart shows the closing price for PL for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 7 polled investment analysts is to moderate buy stock in Planet Labs PBC. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/9/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/7/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/5/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/3/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/3/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/1/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/30/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/30/2024

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/26/2024JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$4.00 ➝ $4.00
9/20/2024JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$4.00 ➝ $4.00
9/10/2024The Goldman Sachs GroupLower TargetBuy ➝ Buy$3.50 ➝ $3.10
9/6/2024JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$4.00 ➝ $4.00
9/6/2024Craig HallumBoost TargetHold ➝ Hold$2.00 ➝ $2.50
9/6/2024Needham & Company LLCLower TargetBuy ➝ Buy$7.00 ➝ $5.00
8/16/2024WedbushReiterated RatingOutperform ➝ Outperform$5.00 ➝ $5.00
6/27/2024JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$4.00 ➝ $4.00
6/21/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$7.00 ➝ $7.00
6/10/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$7.00 ➝ $7.00
6/7/2024Craig HallumLower TargetHold ➝ Hold$3.00 ➝ $2.00
5/20/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$7.00
4/12/2024The Goldman Sachs GroupLower TargetBuy ➝ Buy$4.80 ➝ $4.20
4/4/2024CitigroupLower TargetBuy ➝ Buy$4.50 ➝ $3.90
4/2/2024BenchmarkLower TargetBuy ➝ Buy$5.00 ➝ $4.00
4/1/2024JMP SecuritiesLower TargetMarket Outperform ➝ Market Outperform$5.50 ➝ $4.00
4/1/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$7.00
12/8/2023Craig HallumDowngradeBuy ➝ Hold$3.00
10/12/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$7.00
9/8/2023Craig HallumLower TargetBuy ➝ Buy$6.00 ➝ $4.00
9/8/2023Needham & Company LLCLower TargetBuy ➝ Buy$8.00 ➝ $7.00
9/8/2023Northland SecuritiesLower TargetOutperform ➝ Outperform$7.00 ➝ $5.00
9/8/2023CitigroupLower TargetBuy ➝ Buy$6.00 ➝ $4.90
9/8/2023BenchmarkLower TargetBuy ➝ Buy$6.50 ➝ $5.00
6/12/2023Deutsche Bank AktiengesellschaftLower Target$6.00 ➝ $5.00
6/9/2023Northland SecuritiesLower Target$12.00 ➝ $7.00
6/9/2023BenchmarkLower Target$8.00 ➝ $6.50
6/9/2023Westpark CapitalLower Target$7.00 ➝ $6.00
5/2/2023JMP SecuritiesInitiated CoverageOutperform$5.50
4/20/2023Needham & Company LLCReiterated RatingBuy$8.00
4/18/2023CitigroupInitiated CoverageBuy$6.00
4/17/2023WedbushReiterated RatingOutperform$8.00
4/3/2023The Goldman Sachs GroupLower TargetBuy$9.00 ➝ $8.00
3/31/2023Deutsche Bank AktiengesellschaftLower Target$7.00 ➝ $6.00
3/30/2023Needham & Company LLCLower TargetBuy$9.00 ➝ $8.00
3/30/2023BenchmarkLower TargetBuy$11.00 ➝ $8.00
1/23/2023Morgan StanleyInitiated CoverageEqual Weight$6.00
11/7/2022Deutsche Bank AktiengesellschaftInitiated CoverageBuy$7.00
9/13/2022Needham & Company LLCBoost TargetBuy$8.00 ➝ $9.00
6/15/2022Craig HallumLower Target$15.00 ➝ $10.00
6/15/2022Needham & Company LLCLower TargetBuy$10.50 ➝ $8.00
6/15/2022BenchmarkLower TargetBuy$15.00 ➝ $11.00
1/27/2022Needham & Company LLCInitiated CoverageBuy$10.50
1/12/2022The Goldman Sachs GroupInitiated CoverageBuy$11.00
1/7/2022WedbushInitiated CoverageOutperform$10.00
1/7/2022Piper SandlerInitiated CoverageOverweight$10.00
(Data available from 10/30/2019 forward)

News Sentiment Rating

0.21 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 11 very positive mentions
  • 26 positive mentions
  • 6 negative mentions
  • 3 very negative mentions
Mentions as of
4/3/2024
  • 5 very positive mentions
  • 23 positive mentions
  • 10 negative mentions
  • 3 very negative mentions
Mentions as of
5/3/2024
  • 3 very positive mentions
  • 14 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
6/2/2024
  • 7 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
7/2/2024
  • 3 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/1/2024
  • 6 very positive mentions
  • 29 positive mentions
  • 6 negative mentions
  • 6 very negative mentions
Mentions as of
8/31/2024
  • 4 very positive mentions
  • 27 positive mentions
  • 8 negative mentions
  • 1 very negative mentions
Mentions as of
9/30/2024
  • 4 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
Mentions as of
10/30/2024

Current Sentiment

  • 4 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 2 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Planet Labs PBC logo
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. It serves agriculture, mapping, energy, forestry, finance and insurance companies, and government agencies. The company was founded in 2010 and is headquartered in San Francisco, California.
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Today's Range

Now: $2.38
Low: $2.37
High: $2.46

50 Day Range

MA: $2.28
Low: $1.78
High: $2.76

52 Week Range

Now: $2.38
Low: $1.67
High: $2.89

Volume

888,326 shs

Average Volume

1,718,063 shs

Market Capitalization

$698.47 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.98

Frequently Asked Questions

What sell-side analysts currently cover shares of Planet Labs PBC?

The following Wall Street research analysts have issued research reports on Planet Labs PBC in the last twelve months: Benchmark Co., Citigroup Inc., Craig Hallum, JMP Securities, Needham & Company LLC, The Goldman Sachs Group, Inc., and Wedbush.
View the latest analyst ratings for PL.

What is the current price target for Planet Labs PBC?

7 Wall Street analysts have set twelve-month price targets for Planet Labs PBC in the last year. Their average twelve-month price target is $3.93, suggesting a possible upside of 65.1%. Wedbush has the highest price target set, predicting PL will reach $5.00 in the next twelve months. Craig Hallum has the lowest price target set, forecasting a price of $2.50 for Planet Labs PBC in the next year.
View the latest price targets for PL.

What is the current consensus analyst rating for Planet Labs PBC?

Planet Labs PBC currently has 1 hold rating and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for PL.

What other companies compete with Planet Labs PBC?

Other companies that are similar to Planet Labs PBC include Harmonic, CommScope, Viasat, BlackSky Technology and Gilat Satellite Networks. Learn More about companies similar to Planet Labs PBC.

How do I contact Planet Labs PBC's investor relations team?

Planet Labs PBC's physical mailing address is 645 Harrison Street 4th Floor San Francisco, CA 94107 United States. The company's listed phone number is 415-829-3313 and its investor relations email address is [email protected]. The official website for Planet Labs PBC is www.planet.com. Learn More about contacing Planet Labs PBC investor relations.