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NYSE:PL

Planet Labs PBC (PL) Stock Price, News & Analysis

$1.90
+0.04 (+2.15%)
(As of 05/24/2024 ET)
Today's Range
$1.85
$1.91
50-Day Range
$1.69
$2.56
52-Week Range
$1.67
$5.00
Volume
668,045 shs
Average Volume
1.07 million shs
Market Capitalization
$552.18 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.68

Planet Labs PBC MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
146.2% Upside
$4.68 Price Target
Short Interest
Healthy
3.99% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.30mentions of Planet Labs PBC in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$4,710 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.41) to ($0.28) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.21 out of 5 stars

Computer And Technology Sector

260th out of 589 stocks

Radio & T.V. Communications Equipment Industry

8th out of 20 stocks

PL stock logo

About Planet Labs PBC Stock (NYSE:PL)

Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company's platform offers planet monitoring, basemap, tasking, apps, and application programming interfaces, as well as analytics and planetary variables. It serves agriculture, mapping, energy, forestry, finance and insurance companies, and government agencies. The company was founded in 2010 and is headquartered in San Francisco, California.

PL Stock Price History

PL Stock News Headlines

3 Space Stocks to Buy Now: May 2024
Planet Labs PBC - Class A
See More Headlines
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Company Calendar

Last Earnings
3/28/2024
Today
5/25/2024
Next Earnings (Confirmed)
6/06/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Fax
N/A
Employees
1,180
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.68
High Stock Price Target
$7.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+146.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$-140,510,000.00
Pretax Margin
-63.30%

Debt

Sales & Book Value

Annual Sales
$220.70 million
Book Value
$1.79 per share

Miscellaneous

Free Float
257,228,000
Market Cap
$552.18 million
Optionable
Optionable
Beta
0.93
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Key Executives


PL Stock Analysis - Frequently Asked Questions

Should I buy or sell Planet Labs PBC stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Planet Labs PBC in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PL shares.
View PL analyst ratings
or view top-rated stocks.

What is Planet Labs PBC's stock price target for 2024?

7 equities research analysts have issued twelve-month price objectives for Planet Labs PBC's stock. Their PL share price targets range from $3.00 to $7.00. On average, they predict the company's share price to reach $4.68 in the next year. This suggests a possible upside of 146.2% from the stock's current price.
View analysts price targets for PL
or view top-rated stocks among Wall Street analysts.

How have PL shares performed in 2024?

Planet Labs PBC's stock was trading at $2.47 on January 1st, 2024. Since then, PL shares have decreased by 23.1% and is now trading at $1.90.
View the best growth stocks for 2024 here
.

When is Planet Labs PBC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 6th 2024.
View our PL earnings forecast
.

How can I listen to Planet Labs PBC's earnings call?

Planet Labs PBC will be holding an earnings conference call on Thursday, June 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Planet Labs PBC's earnings last quarter?

Planet Labs PBC (NYSE:PL) issued its quarterly earnings results on Thursday, March, 28th. The company reported ($0.11) earnings per share for the quarter, topping analysts' consensus estimates of ($0.13) by $0.02. The firm earned $58.85 million during the quarter, compared to analysts' expectations of $57.64 million. Planet Labs PBC had a negative trailing twelve-month return on equity of 26.14% and a negative net margin of 63.67%.

What ETFs hold Planet Labs PBC's stock?

ETFs with the largest weight of Planet Labs PBC (NYSE:PL) stock in their portfolio include Procure Space ETF (UFO) and Direxion Moonshot Innovators ETF (MOON).SPDR S&P Kensho Final Frontiers ETF (ROKT).

What guidance has Planet Labs PBC issued on next quarter's earnings?

Planet Labs PBC updated its first quarter 2025 earnings guidance on Thursday, March, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $58.0 million-$61.0 million, compared to the consensus revenue estimate of $60.3 million.

What other stocks do shareholders of Planet Labs PBC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Planet Labs PBC investors own include Ballard Power Systems (BLDP) and Regions Financial (RF).

Who are Planet Labs PBC's major shareholders?

Planet Labs PBC's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.38%), Mitsubishi UFJ Asset Management Co. Ltd. (0.20%), Jacobs Levy Equity Management Inc. (0.18%), Penbrook Management LLC (0.15%), Conestoga Capital Advisors LLC (0.14%) and PEAK6 Investments LLC (0.10%). Insiders that own company stock include Ashley F Johnson, Kevin Weil, Masi Niccolo De and William Spencer Marshall.
View institutional ownership trends
.

How do I buy shares of Planet Labs PBC?

Shares of PL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PL) was last updated on 5/26/2024 by MarketBeat.com Staff

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