Planet Labs PBC (PL)
NYSE: PL · Real-Time Price · USD
5.03
-0.08 (-1.57%)
At close: Jun 20, 2025, 4:00 PM
5.05
+0.02 (0.40%)
After-hours: Jun 20, 2025, 7:59 PM EDT
Planet Labs PBC Stock Forecast
Stock Price Forecast
The 11 analysts that cover Planet Labs PBC stock have a consensus rating of "Buy" and an average price target of $5.89, which forecasts a 17.1% increase in the stock price over the next year. The lowest target is $3.5 and the highest is $8.
Price Target: $5.89 (+17.1%)
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $5 → $7 | Strong Buy | Maintains | $5 → $7 | +39.17% | Jun 6, 2025 |
| Wedbush | Wedbush | Buy Maintains $5 → $7 | Buy | Maintains | $5 → $7 | +39.17% | Jun 5, 2025 |
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +59.05% | Jun 5, 2025 |
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +59.05% | May 14, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $6 → $3.5 | Strong Buy → Hold | Downgrades | $6 → $3.5 | -30.42% | Apr 11, 2025 |
Financial Forecast
Revenue This Year
280.63M
from 244.35M
Increased by 14.85%
Revenue Next Year
340.19M
from 280.63M
Increased by 21.22%
EPS This Year
-0.14
from -0.42
EPS Next Year
-0.08
from -0.14
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 289.2M | 353.6M | 432.7M |
| Avg | 280.6M | 340.2M | 418.7M |
| Low | 256.9M | 304.6M | 393.9M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 18.3% | 26.0% | 27.2% |
| Avg | 14.8% | 21.2% | 23.1% |
| Low | 5.1% | 8.5% | 15.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -0.05 | 0.02 | 0.04 |
| Avg | -0.14 | -0.08 | -0.01 |
| Low | -0.19 | -0.18 | -0.05 |
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.