Planet Labs PBC (PL)
NYSE: PL · Real-Time Price · USD
4.040
+0.160 (4.12%)
At close: Dec 20, 2024, 4:00 PM
4.070
+0.030 (0.75%)
After-hours: Dec 20, 2024, 7:53 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 7.43% from the current stock price of 4.04.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 5 |
| Buy | 2 | 3 | 2 | 2 | 2 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 7 | 7 | 7 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $4 → $4.5 | Strong Buy | Maintains | $4 → $4.5 | +11.39% | Dec 17, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $4.05 → $5 | Strong Buy | Maintains | $4.05 → $5 | +23.76% | Dec 16, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $2.5 → $3.5 | Hold | Maintains | $2.5 → $3.5 | -13.37% | Dec 10, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $4.5 | Buy | Reiterates | $4.5 | +11.39% | Dec 10, 2024 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +23.76% | Dec 10, 2024 |
Financial Forecast
Revenue This Year
255.78M
from 220.70M
Increased by 15.90%
Revenue Next Year
291.83M
from 255.78M
Increased by 14.09%
EPS This Year
-0.17
from -0.50
EPS Next Year
-0.08
from -0.17
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 268.1M | 319.4M | 383.3M |
| Avg | 255.8M | 291.8M | 360.9M |
| Low | 239.8M | 260.7M | 329.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 21.5% | 24.9% | 31.3% |
| Avg | 15.9% | 14.1% | 23.7% |
| Low | 8.6% | 1.9% | 13.0% |
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.