Planet Labs PBC (PL)
NYSE: PL · Real-Time Price · USD
2.380
+0.020 (0.85%)
At close: Oct 29, 2024, 4:00 PM
2.320
-0.060 (-2.51%)
After-hours: Oct 29, 2024, 7:15 PM EDT

Planet Labs PBC Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Planet Labs PBC stock have an average target of 3.93, with a low estimate of 2.50 and a high estimate of 5.00. The average target predicts an increase of 65.13% from the current stock price of 2.38.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $2.50 $3.93 $4.00 $5.00
Change +5.04% +65.13% +68.07% +110.08%
* Price targets were last updated on Sep 26, 2024.

Analyst Ratings

The average analyst rating for PL stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 444444
Buy 322322
Hold 211111
Sell 000000
Strong Sell 000000
Total 977877

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JMP Securities
JMP Securities
Buy
Reiterates
$4
Buy Reiterates $4 +68.07% Sep 26, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$4
Buy Reiterates $4 +68.07% Sep 20, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$3.5$3.1
Strong Buy Maintains $3.5$3.1 +30.25% Sep 10, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$4
Buy Reiterates $4 +68.07% Sep 6, 2024
Craig-Hallum
Craig-Hallum
Hold
Maintains
$2$2.5
Hold Maintains $2$2.5 +5.04% Sep 6, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
258.78M
from 220.70M
Increased by 17.26%
Revenue Next Year
299.84M
from 258.78M
Increased by 15.87%
EPS This Year
-0.22
from -0.50
EPS Next Year
-0.13
from -0.22
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jan 31, 2020 Jan 31, 2021 Jan 31, 2022 Jan 31, 2023 Jan 31, 2024 Jan 31, 2025 Jan 31, 2026 Jan 31, 2027
Revenue
95.74M113.17M131.21M191.26M220.70M258.78M299.84M369.96M
Revenue Growth
-18.21%15.94%45.76%15.39%17.26%15.87%23.39%
EPS
-2.89-2.87-1.72-0.61-0.50-0.22-0.130.01
EPS Growth
--------
Forward PE
-------231.07
No. Analysts -----13137
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 266.2M 319.4M 383.3M
Avg 258.8M 299.8M 370.0M
Low 243.1M 261.9M 345.5M

Revenue Growth

Revenue Growth 202420252026
High
20.6%
23.4%
27.8%
Avg
17.3%
15.9%
23.4%
Low
10.1%
1.2%
15.2%

EPS Forecast

EPS 202420252026
High -0.20 -0.05 0.02
Avg -0.22 -0.13 0.01
Low -0.25 -0.20 -

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.