Planet Labs PBC (PL)
NYSE: PL · Real-Time Price · USD
37.13
-1.41 (-3.66%)
At close: May 5, 2026, 4:00 PM EDT
36.81
-0.32 (-0.86%)
After-hours: May 5, 2026, 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 $27.64, which forecasts a -25.56% decrease in the stock price over the next year. The lowest target is $7.00 and the highest is $40.
Price Target: $27.64 (-25.56%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 5 | 5 | 5 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 4 | 4 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 13 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $18 → $20 | Hold | Maintains | $18 → $20 | -46.14% | Apr 20, 2026 |
| Citigroup | Citigroup | Strong Buy Maintains $30 → $35 | Strong Buy | Maintains | $30 → $35 | -5.74% | Apr 2, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $26 → $35 | Hold | Maintains | $26 → $35 | -5.74% | Mar 25, 2026 |
| Clear Street | Clear Street | Strong Buy Maintains $29 → $34 | Strong Buy | Maintains | $29 → $34 | -8.43% | Mar 20, 2026 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $20 → $40 | Buy | Maintains | $20 → $40 | +7.73% | Mar 20, 2026 |
Financial Forecast
Revenue This Year
437.85M
from 307.73M
Increased by 42.29%
Revenue Next Year
570.19M
from 437.85M
Increased by 30.22%
EPS This Year
-0.11
from -0.80
EPS Next Year
0.01
from -0.11
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 462.7M | 639.4M | |
| Avg | 437.9M | 570.2M | |
| Low | 372.4M | 468.4M |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 50.4% | 46.0% | |
| Avg | 42.3% | 30.2% | |
| Low | 21.0% | 7.0% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 0.06 | 0.16 | |
| Avg | -0.11 | 0.01 | |
| Low | -0.20 | -0.12 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| 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 sources.