Planet Labs PBC (PL) Stock Forecast, Price Target & Predictions


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PL Stock Forecast


Planet Labs PBC (PL) stock forecast, based on 19 Wall Street analysts, predicts a 12-month average price target of $6.30, with a high of $6.30 and a low of $6.30. This represents a 97.49% increase from the last price of $3.19.

$1 $2 $3 $4 $5 $6 $7 High: $6.3 Avg: $6.3 Low: $6.3 Last Closed Price: $3.19

PL Stock Rating


Planet Labs PBC stock's rating consensus is Buy, based on 19 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 12 Buy (63.16%), 7 Hold (36.84%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 19 7 12 0 Strong Sell Sell Hold Buy Strong Buy

PL Price Target Upside V Benchmarks


TypeNameUpside
StockPlanet Labs PBC97.49%
SectorIndustrials Stocks 28.19%
IndustryDefense Stocks12.08%
IdeaSpace Stocks List49.09%

Price Target Trends


1M3M12M
# Anlaysts-14
Avg Price Target-$6.30$5.08
Last Closing Price$3.19$3.19$3.19
Upside/Downside-97.49%59.25%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25371--11
Mar, 25371--11
Feb, 25371--11
Jan, 25352--10
Dec, 24352--10
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 23, 2025Colin CanfieldCantor Fitzgerald$6.30$4.7432.91%97.49%
Sep 06, 2024Ryan KoontzNeedham$5.00$2.48101.61%56.74%
Jun 10, 2024Ryan KoontzNeedham$7.00$2.04243.14%119.44%
Jun 07, 2024Jeff Van RheeCraig-Hallum$2.00$2.03-1.48%-37.30%
Apr 01, 2024Trevor WalshJMP Securities$4.00$2.5556.86%25.39%
Jun 23, 2023Trevor WalshJMP Securities$5.50$3.0779.15%72.41%
Jun 09, 2023Ryan KoontzNeedham$8.00$3.41134.60%150.78%
Dec 15, 2022Ryan KoontzNeedham$9.00$5.0677.87%182.13%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jan 23, 2025Cantor FitzgeraldOverweightinitialise
Sep 10, 2024WedbushMarket OutperformMarket Outperformhold
Sep 06, 2024Craig-HallumHoldHoldhold
Sep 06, 2024NeedhamBuyBuyhold
Aug 16, 2024WedbushBuyBuyhold
Jun 26, 2024JMP SecuritiesUnderperformUnderperformhold
Jun 10, 2024NeedhamMarket OutperformMarket Outperformhold
Jun 10, 2024NeedhamBuyBuyhold
Jun 07, 2024Craig-HallumHoldHoldhold
May 20, 2024JMP SecuritiesUnderperformUnderperformhold

Financial Forecast


EPS Forecast

Jan 22 Jan 23 Jan 24 Jan 25 Jan 26 Jan 27 Jan 28 Jan 29
Jan 22Jan 23Jan 24Jan 25Jan 26Jan 27Jan 28Jan 29
Reported$-0.52$-0.61$-0.50$-0.42----
Avg Forecast$-0.42$-0.37$-0.25$-0.17$-0.08$-0.02--
High Forecast$-0.40$-0.36$-0.25$-0.17$-0.07$0.01--
Low Forecast$-0.43$-0.39$-0.25$-0.18$-0.09$-0.05--
Surprise %23.81%64.86%100.00%147.06%----

Revenue Forecast

$100M $180M $260M $340M $420M $500M Jan 22 Jan 23 Jan 24 Jan 25 Jan 26 Jan 27 Jan 28 Jan 29
Jan 22Jan 23Jan 24Jan 25Jan 26Jan 27Jan 28Jan 29
Reported$131.21M$191.26M$220.70M$244.35M----
Avg Forecast$130.12M$190.70M$219.99M$244.90M$276.45M$327.60M$383.00M$438.00M
High Forecast$133.42M$196.26M$220.67M$244.98M$288.07M$327.60M$394.16M$450.77M
Low Forecast$124.78M$186.12M$218.83M$244.76M$267.69M$327.60M$373.80M$427.48M
Surprise %0.84%0.29%0.32%-0.22%----

Net Income Forecast

$-200M $-150M $-100M $-50M $0 $50M Jan 22 Jan 23 Jan 24 Jan 25 Jan 26 Jan 27 Jan 28 Jan 29
Jan 22Jan 23Jan 24Jan 25Jan 26Jan 27Jan 28Jan 29
Reported$-137.12M$-161.97M$-140.51M$-123.20M----
Avg Forecast$-116.87M$-103.90M$-70.32M$-48.39M$-21.43M$-6.08M--
High Forecast$-110.63M$-100.65M$-69.88M$-47.73M$-18.37M$1.43M--
Low Forecast$-120.72M$-107.83M$-70.77M$-49.05M$-24.49M$-13.60M--
Surprise %17.33%55.89%99.81%154.61%----

PL Forecast FAQ


Is Planet Labs PBC stock a buy?

Planet Labs PBC stock has a consensus rating of Buy, based on 19 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 12 Buy, 7 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Planet Labs PBC is a favorable investment for most analysts.

What is Planet Labs PBC's price target?

Planet Labs PBC's price target, set by 19 Wall Street analysts, averages $6.3 over the next 12 months. The price target range spans from $6.3 at the low end to $6.3 at the high end, suggesting a potential 97.49% change from the previous closing price of $3.19.

How does Planet Labs PBC stock forecast compare to its benchmarks?

Planet Labs PBC's stock forecast shows a 97.49% upside, outperforming the average forecast for the industrials stocks sector (28.19%) and outperforming the defense stocks industry (12.08%), leading the space stocks list (49.09%) investment idea.

What is the breakdown of analyst ratings for Planet Labs PBC over the past three months?

  • April 2025: 27.27% Strong Buy, 63.64% Buy, 9.09% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 27.27% Strong Buy, 63.64% Buy, 9.09% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 27.27% Strong Buy, 63.64% Buy, 9.09% Hold, 0% Sell, 0% Strong Sell.

What is Planet Labs PBC’s EPS forecast?

Planet Labs PBC's average annual EPS forecast for its fiscal year ending in January 2026 is $-0.08, marking a -80.95% decrease from the reported $-0.42 in 2025. Estimates for the following years are $-0.02 in 2027, $0 in 2028, and $0 in 2029.

What is Planet Labs PBC’s revenue forecast?

Planet Labs PBC's average annual revenue forecast for its fiscal year ending in January 2026 is $276.45M, reflecting a 13.14% increase from the reported $244.35M in 2025. The forecast for 2027 is $327.6M, followed by $383M for 2028, and $438M for 2029.

What is Planet Labs PBC’s net income forecast?

Planet Labs PBC's net income forecast for the fiscal year ending in January 2026 stands at $-21.432M, representing a -82.60% decrease from the reported $-123M in 2025. Projections indicate $-6.083M in 2027, $0 in 2028, and $0 in 2029.