Planet Labs PBC (PL)
NYSE: PL · Real-Time Price · USD
3.690
-0.020 (-0.54%)
At close: May 22, 2025, 4:00 PM
3.700
+0.010 (0.27%)
Pre-market: May 23, 2025, 4:59 AM EDT
Planet Labs PBC Stock Forecast
Stock Price Forecast
According to 11 professional analysts, the 12-month price target for Planet Labs PBC stock ranges from a low of $3.50 to a high of $8.00. The average analyst price target of $5.53 forecasts a 49.86% increase in the stock price over the next year.
Price Target: $5.53 (+49.86%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Planet Labs PBC stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Buy | 3 | 4 | 4 | 5 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +116.80% | May 14, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $6 → $3.5 | Strong Buy → Hold | Downgrades | $6 → $3.5 | -5.15% | Apr 11, 2025 |
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +116.80% | Mar 24, 2025 |
| Citizens Capital Markets | Citizens Capital Markets | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | +76.15% | Mar 21, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6.3 | Buy | Reiterates | $6.3 | +70.73% | Mar 21, 2025 |
Financial Forecast
Revenue This Year
278.75M
from 244.35M
Increased by 14.08%
Revenue Next Year
338.65M
from 278.75M
Increased by 21.49%
EPS This Year
-0.18
from -0.42
EPS Next Year
-0.11
from -0.18
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 293.8M | 379.8M | 434.3M |
| Avg | 278.8M | 338.7M | 412.7M |
| Low | 256.9M | 299.0M | 369.4M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 20.2% | 36.2% | 28.2% |
| Avg | 14.1% | 21.5% | 21.9% |
| Low | 5.1% | 7.3% | 9.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -0.13 | -0.06 | 0.04 |
| Avg | -0.18 | -0.11 | -0.06 |
| Low | -0.33 | -0.21 | -0.15 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| 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.