Planet Labs PBC (PL)
NYSE: PL · IEX Real-Time Price · USD
1.780
+0.010 (0.56%)
At close: Jul 2, 2024, 4:00 PM
1.799
+0.019 (1.07%)
After-hours: Jul 2, 2024, 7:47 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 4.30, with a low estimate of 2.00 and a high estimate of 7.00. The average target predicts an increase of 141.57% from the current stock price of 1.78.
Analyst Consensus: Strong Buy
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 9 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $4 | Buy | Reiterates | $4 | +124.72% | Jun 27, 2024 |
| Needham | Needham | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +293.26% | Jun 26, 2024 |
| Needham | Needham | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +293.26% | Jun 21, 2024 |
| Needham | Needham | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +293.26% | Jun 10, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $3 → $2 | Hold | Maintains | $3 → $2 | +12.36% | Jun 7, 2024 |
Financial Forecast
Revenue This Year
263.42M
from 220.70M
Increased by 19.36%
Revenue Next Year
313.25M
from 263.42M
Increased by 18.92%
EPS This Year
-0.22
from -0.50
EPS Next Year
-0.12
from -0.22
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 279.0M | 347.2M | 424.9M |
| Avg | 263.4M | 313.3M | 383.6M |
| Low | 247.3M | 277.2M | 330.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.4% | 31.8% | 35.7% |
| Avg | 19.4% | 18.9% | 22.5% |
| Low | 12.0% | 5.2% | 5.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.20 | -0.05 | 0.02 |
| Avg | -0.22 | -0.12 | -0.00 |
| Low | -0.25 | -0.20 | -0.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.