Planet Labs PBC (PL)
NYSE: PL · Real-Time Price · USD
3.820
+0.010 (0.26%)
At close: Jan 17, 2025, 4:00 PM
3.900
+0.080 (2.09%)
After-hours: Jan 17, 2025, 7:38 PM EST
Planet Labs PBC Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Planet Labs PBC stock have an average target of 4.34, with a low estimate of 3.10 and a high estimate of 5.00. The average target predicts an increase of 13.61% from the current stock price of 3.82.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for PL stock from 9 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Buy | 3 | 2 | 2 | 2 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 7 | 7 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +30.89% | Jan 17, 2025 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $4 → $4.5 | Strong Buy | Maintains | $4 → $4.5 | +17.80% | Dec 17, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $4.05 → $5 | Strong Buy | Maintains | $4.05 → $5 | +30.89% | Dec 16, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $2.5 → $3.5 | Hold | Maintains | $2.5 → $3.5 | -8.38% | Dec 10, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $4.5 | Buy | Reiterates | $4.5 | +17.80% | Dec 10, 2024 |
Financial Forecast
Revenue This Year
252.34M
from 220.70M
Increased by 14.34%
Revenue Next Year
282.83M
from 252.34M
Increased by 12.08%
EPS This Year
-0.17
from -0.50
EPS Next Year
-0.08
from -0.17
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 258.1M | 300.6M | 353.3M |
| Avg | 252.3M | 282.8M | 337.4M |
| Low | 239.5M | 260.7M | 311.3M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 16.9% | 19.1% | 24.9% |
| Avg | 14.3% | 12.1% | 19.3% |
| Low | 8.5% | 3.3% | 10.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.16 | -0.05 | 0.01 |
| Avg | -0.17 | -0.08 | -0.05 |
| Low | -0.21 | -0.11 | -0.10 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| 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.