Brokerages Set Planet Labs PBC (NYSE:PL) Price Target at $14.74

Planet Labs PBC (NYSE:PL) has earned an average rating of “Hold” from the fourteen ratings firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $19.6583.

PL has been the topic of a number of analyst reports. Wedbush increased their price target on Planet Labs PBC from $20.00 to $28.00 and gave the company an “outperform” rating in a research note on Tuesday. Citigroup increased their target price on Planet Labs PBC from $19.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday. Weiss Ratings restated a “sell (d-)” rating on shares of Planet Labs PBC in a report on Wednesday, October 8th. Needham & Company LLC upped their price target on Planet Labs PBC from $16.00 to $22.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Finally, Craig Hallum reiterated a “buy” rating and issued a $30.00 price target on shares of Planet Labs PBC in a research report on Tuesday.

Planet Labs PBC Stock Performance

Planet Labs PBC stock opened at $25.32 on Friday. The company has a market cap of $7.94 billion, a PE ratio of -60.28 and a beta of 1.94. The company has a current ratio of 4.00, a quick ratio of 4.00 and a debt-to-equity ratio of 1.28. Planet Labs PBC has a 1 year low of $2.79 and a 1 year high of $26.59. The company’s 50-day moving average is $16.05 and its two-hundred day moving average is $11.73.

Planet Labs PBC (NYSE:PL) last issued its quarterly earnings results on Wednesday, December 10th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.17). Planet Labs PBC had a negative return on equity of 31.01% and a negative net margin of 45.87%.The business had revenue of $81.25 million for the quarter, compared to analyst estimates of $72.02 million. The company’s revenue for the quarter was up 32.6% on a year-over-year basis. Equities analysts anticipate that Planet Labs PBC will post -0.37 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Robert H. Schingler sold 73,782 shares of Planet Labs PBC stock in a transaction on Friday, December 26th. The shares were sold at an average price of $19.35, for a total transaction of $1,427,681.70. Following the transaction, the insider directly owned 1,164,729 shares of the company’s stock, valued at $22,537,506.15. This trade represents a 5.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 17.53% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PL. MCF Advisors LLC acquired a new position in Planet Labs PBC in the third quarter valued at about $32,000. Larson Financial Group LLC bought a new position in shares of Planet Labs PBC during the 3rd quarter valued at about $39,000. GAMMA Investing LLC grew its position in shares of Planet Labs PBC by 146.4% in the 4th quarter. GAMMA Investing LLC now owns 2,011 shares of the company’s stock valued at $40,000 after purchasing an additional 1,195 shares during the period. Jones Financial Companies Lllp increased its stake in Planet Labs PBC by 59.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 3,591 shares of the company’s stock worth $44,000 after purchasing an additional 1,337 shares in the last quarter. Finally, Integrity Alliance LLC. acquired a new stake in Planet Labs PBC during the 1st quarter worth approximately $48,000. 41.71% of the stock is currently owned by institutional investors.

Key Planet Labs PBC News

Here are the key news stories impacting Planet Labs PBC this week:

• Positive Sentiment: Planet won a multi‑year, low nine‑figure agreement with the Swedish Armed Forces to provide satellites, high‑resolution data and intelligence products (Sweden will own a suite of Planet satellites). This is a material government/defense win that boosts visible, recurring revenue and credibility in military/intelligence markets. Article Title
• Positive Sentiment: Wedbush raised its price target on PL to $28 and maintained an “outperform” rating, signaling stronger analyst sentiment and providing near‑term upside support for the stock. Article Title
• Neutral Sentiment: Coverage comparing PL to other space‑tech names (e.g., RDW) highlights strong satellite demand industry‑wide but notes competing firms may offer deeper diversification or different valuation profiles — useful context but not an immediate catalyst. Article Title
• Negative Sentiment: Some outlets warn PL may be richly priced after an outsized rally (roughly +388% in 2025 and another ~96% in the last month), raising concerns about valuation and near‑term upside after the big move. Momentum can reverse quickly if forward execution or margins disappoint. Article Title
• Negative Sentiment: Recent fundamentals remain mixed: Planet reported a revenue beat but an EPS miss and continues to have negative margins and return on equity, which keeps investor focus on execution and path to profitability. (This raises longer‑term risk if revenue growth slows.)

About Planet Labs PBC

Planet Labs PBC is a public benefit corporation that operates one of the largest fleets of Earth-imaging satellites, providing high-frequency, high-resolution imagery and data analytics to a broad range of industries. The company’s multi-spectral satellite constellation captures daily snapshots of the planet, enabling clients to monitor changes in agriculture, forestry, urban development, energy infrastructure and environmental conditions. Planet’s imagery platform is designed to support timely decision-making by transforming raw satellite data into actionable insights for business and government users.

Founded in 2010 by former NASA scientists Will Marshall, Robbie Schingler and Chris Boshuizen, Planet Labs grew from a small startup into a key provider in the satellite imaging sector.