Planet Labs PBC (PL)
NYSE: PL · Real-Time Price · USD
3.140
-0.040 (-1.26%)
At close: Nov 20, 2024, 4:00 PM
3.170
+0.030 (0.96%)
Pre-market: Nov 21, 2024, 6:19 AM EST
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 25.16% from the current stock price of 3.14.
Analyst Consensus: Strong Buy
* 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 3 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $4 | Buy | Reiterates | $4 | +27.39% | Sep 26, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $4 | Buy | Reiterates | $4 | +27.39% | Sep 20, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $3.5 → $3.1 | Strong Buy | Maintains | $3.5 → $3.1 | -1.27% | Sep 10, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $4 | Buy | Reiterates | $4 | +27.39% | Sep 6, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $2 → $2.5 | Hold | Maintains | $2 → $2.5 | -20.38% | Sep 6, 2024 |
Financial Forecast
Revenue This Year
259.24M
from 220.70M
Increased by 17.46%
Revenue Next Year
300.13M
from 259.24M
Increased by 15.77%
EPS This Year
-0.20
from -0.50
EPS Next Year
-0.11
from -0.20
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 268.1M | 319.4M | 383.3M |
| Avg | 259.2M | 300.1M | 364.4M |
| Low | 243.1M | 261.9M | 330.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.5% | 23.2% | 27.7% |
| Avg | 17.5% | 15.8% | 21.4% |
| Low | 10.1% | 1.0% | 10.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.19 | -0.05 | 0.01 |
| Avg | -0.20 | -0.11 | 0.01 |
| Low | -0.21 | -0.15 | 0.01 |
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.