Planet Labs PBC (PL)
NYSE: PL · Real-Time Price · USD
3.500
+0.150 (4.48%)
At close: May 2, 2025, 4:00 PM
3.560
+0.060 (1.71%)
After-hours: May 2, 2025, 7:54 PM EDT
Planet Labs PBC Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Planet Labs PBC stock have an average target of 5.53, with a low estimate of 3.50 and a high estimate of 8.00. The average target predicts an increase of 58.00% from the current stock price of 3.50.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Planet Labs PBC stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 4 |
| Buy | 2 | 3 | 4 | 4 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 9 | 10 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $6 → $3.5 | Strong Buy → Hold | Downgrades | $6 → $3.5 | n/a | Apr 11, 2025 |
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +128.57% | Mar 24, 2025 |
| Citizens Capital Markets | Citizens Capital Markets | Buy Reiterates $6.5 | Buy | Reiterates | $6.5 | +85.71% | Mar 21, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6.3 | Buy | Reiterates | $6.3 | +80.00% | Mar 21, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $4 → $7 | Strong Buy | Maintains | $4 → $7 | +100.00% | Feb 5, 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.