NYSE:PL Planet Labs PBC - PL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Planet Labs PBC Please log in to your account or sign up in order to add this asset to your watchlist. $3.40 -0.09 (-2.58%) (As of 03/22/2023 02:23 PM ET) Add Compare Share Share Today's Range$3.32▼$3.4850-Day Range$3.46▼$5.1152-Week Range$3.32▼$7.51Volume1.74 million shsAverage Volume1.51 million shsMarket Capitalization$925.14 millionP/E RatioN/ADividend YieldN/APrice Target$8.60 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Planet Labs PBC MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside152.9% Upside$8.60 Price TargetShort InterestHealthy4.82% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.20Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.63) to ($0.61) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.07 out of 5 starsComputer And Technology Sector377th out of 601 stocksRadio & T.V. Communications Equipment Industry14th out of 25 stocks 3.4 Analyst's Opinion Consensus RatingPlanet Labs PBC has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.60, Planet Labs PBC has a forecasted upside of 152.9% from its current price of $3.40.Amount of Analyst CoveragePlanet Labs PBC has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.82% of the float of Planet Labs PBC has been sold short.Short Interest Ratio / Days to CoverPlanet Labs PBC has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in Planet Labs PBC has recently decreased by 7.96%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldPlanet Labs PBC does not currently pay a dividend.Dividend GrowthPlanet Labs PBC does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PL. Previous Next 1.6 News and Social Media Coverage News SentimentPlanet Labs PBC has a news sentiment score of -0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.37 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Planet Labs PBC this week, compared to 4 articles on an average week.Search Interest30 people have searched for PL on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Planet Labs PBC to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Planet Labs PBC insiders have not sold or bought any company stock.Percentage Held by Insiders10.20% of the stock of Planet Labs PBC is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions43.05% of the stock of Planet Labs PBC is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Planet Labs PBC are expected to grow in the coming year, from ($0.63) to ($0.61) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Planet Labs PBC is -4.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Planet Labs PBC is -4.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPlanet Labs PBC has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Planet Labs PBC (NYSE:PL) StockPlanet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company offers Open Geospatial Consortium, a cloud-native proprietary technology that performs critical processing and overall harmonizing of images for time series and data fusion and analysis; and space-based hardware and related software systems. It serves agriculture, mapping, forestry, and finance and insurance, as well as federal, state, and local government bodies. The company was incorporated in 2010 and is headquartered in San Francisco, California.Read More Receive PL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Planet Labs PBC and its competitors with MarketBeat's FREE daily newsletter. Email Address PL Stock News HeadlinesMarch 15, 2023 | reuters.comGermany introduces national water strategy as climate change forces actionMarch 15, 2023 | finance.yahoo.comPlanet Labs PBC (NYSE:PL shareholders incur further losses as stock declines 10% this week, taking one-year losses to 20%March 22, 2023 | Investing Daily (Ad)Check Out This 6-Year Win StreakDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. March 1, 2023 | finance.yahoo.comPlanet to Announce Fiscal Fourth Quarter and Full Year 2023 Results on Wednesday, March 29, 2023February 23, 2023 | markets.businessinsider.comAnalysts Are Bullish on These Technology Stocks: Udemy Inc (UDMY), Planet Labs PBC (PL)February 23, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Technology Stocks: Planet Labs PBC (PL) and Seek Limited (OtherSKLTF)February 22, 2023 | finance.yahoo.comPlanet and ASU Expand Partnership to Build Global Scale Solutions for SustainabilityFebruary 15, 2023 | finance.yahoo.comPlanet to Participate in Upcoming Investor ConferencesMarch 22, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.February 8, 2023 | msn.comNew satellite images show rescue operations amid massive destruction in TurkeyJanuary 17, 2023 | finance.yahoo.comPlanet Labs Finance Chief Says SPAC IPO Was Key to Recent GrowthJanuary 12, 2023 | finance.yahoo.comPlanet and NASA Harvest Launch Commercial Partnership to Enable and Advance Food Security Offering to Deliver Policy-Grade Agricultural AssessmentsJanuary 10, 2023 | finance.yahoo.comIndividual investors who hold 40% of Planet Labs PBC (NYSE:PL) gained 8.7%, institutions profited as wellJanuary 9, 2023 | finance.yahoo.comPlanet Completes Acquisition of Salo SciencesJanuary 4, 2023 | msn.comPlanet Labs PBC Launches 36 SuperDove Satellites Aboard SpaceXJanuary 3, 2023 | finance.yahoo.com36 Planet SuperDoves Successfully Launch on SpaceX’s Falcon 9 RocketJanuary 2, 2023 | finance.yahoo.comPlanet to Present at Needham 25th Annual Growth Conference on January 10th, 2023December 31, 2022 | finance.yahoo.comPlanet to Launch 36 SuperDove Satellites with SpaceXDecember 22, 2022 | finance.yahoo.comPlanet Labs PBC (NYSE:PL) Q3 2023 Earnings Call TranscriptDecember 15, 2022 | finance.yahoo.comPlanet Labs' 3Q Beat, Big Tech Partnerships Wins Analyst ConvictionDecember 15, 2022 | finance.yahoo.comBoldly Going: Planet and The Roddenberry Foundation Collaborate to Launch Satellites Celebrating Star Trek Creator Gene RoddenberryDecember 15, 2022 | seekingalpha.comPlanet Labs PBC (PL) Q3 2023 Earnings Call TranscriptDecember 14, 2022 | marketwatch.comPlanet Labs 3Q Loss Narrows Amid Revenue, Customer Count GrowthDecember 14, 2022 | marketwatch.comPlanet Labs Stock Advances as Company Raises FY Revenue GuidanceDecember 14, 2022 | markets.businessinsider.comPlanet Labs PBC Q3 Loss decreases, beats estimatesDecember 14, 2022 | finance.yahoo.comPlanet Makes Its Geospatial Data Available Through Amazon SageMakerDecember 12, 2022 | finance.yahoo.comZEP-RE and Planet Collaborate on Drought Insurance Program in AfricaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Planet Labs PBC and its competitors with MarketBeat's FREE daily newsletter. Email Address PL Company Calendar Today3/22/2023Next Earnings (Confirmed)3/29/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Radio & t.v. communications equipment Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:PL CUSIPN/A CIK1836833 Webwww.planet.com Phone415-829-3313FaxN/AEmployees727Year FoundedN/APrice Target and Rating Average Stock Price Forecast$8.60 High Stock Price Forecast$11.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+146.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.73) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-137,120,000.00 Net Margins-96.96% Pretax Margin-95.71% Return on Equity-27.36% Return on Assets-21.72% Debt Debt-to-Equity RatioN/A Current Ratio4.37 Quick Ratio4.37 Sales & Book Value Annual Sales$131.21 million Price / Sales7.24 Cash FlowN/A Price / Cash FlowN/A Book Value$2.47 per share Price / Book1.41Miscellaneous Outstanding Shares272,100,000Free Float244,349,000Market Cap$949.63 million OptionableOptionable Beta0.76 Key ExecutivesMr. William Spencer Marshall (Age 44)Co-Founder, CEO & Chairman Comp: $484.62kMr. Robert Henry Schingler Jr. (Age 44)Co-Founder, Chief Strategy Officer & Director Ms. Ashley Whitfield Fieglein Johnson (Age 51)Chief Financial & Operating Officer Comp: $578.19kMr. Kevin Weil (Age 39)Pres of Product & Bus. Comp: $60.26kMr. Christopher GenualdiVP of Investor RelationsMs. Amy KeatingChief Legal Officer & Sec.Ms. Donna PrlichChief Marketing OfficerMs. Kristi EricksonChief People OfficerMr. Charlie CandyChief Revenue OfficerMr. James MasonSr. VP of Space SystemsMore ExecutivesKey CompetitorsCommScopeNASDAQ:COMMHarmonicNASDAQ:HLITCambium NetworksNASDAQ:CMBMAviat NetworksNASDAQ:AVNWComtech TelecommunicationsNASDAQ:CMTLView All CompetitorsInstitutional OwnershipVoya Investment Management LLCBought 110,593 shares on 2/28/2023Ownership: 0.339%Jane Street Group LLCSold 22,600 shares on 2/15/2023Ownership: 0.000%Virtu Financial LLCBought 4,400 shares on 2/15/2023Ownership: 0.020%State of Wisconsin Investment BoardSold 9,828 shares on 2/15/2023Ownership: 0.007%Lazard Asset Management LLCBought 12,556 shares on 2/15/2023Ownership: 0.005%View All Institutional Transactions PL Stock - Frequently Asked Questions Should I buy or sell Planet Labs PBC stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Planet Labs PBC in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PL shares. View PL analyst ratings or view top-rated stocks. What is Planet Labs PBC's stock price forecast for 2023? 4 Wall Street analysts have issued 12 month target prices for Planet Labs PBC's shares. Their PL share price forecasts range from $6.00 to $11.00. On average, they predict the company's stock price to reach $8.60 in the next twelve months. This suggests a possible upside of 146.4% 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 2023? Planet Labs PBC's stock was trading at $4.35 on January 1st, 2023. Since then, PL shares have decreased by 19.8% and is now trading at $3.49. View the best growth stocks for 2023 here. When is Planet Labs PBC's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 29th 2023. 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 Wednesday, March 29th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. 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), SPDR S&P Kensho Final Frontiers ETF (ROKT), Direxion Moonshot Innovators ETF (MOON), SPDR Kensho Future Security ETF (FITE), Putnam Sustainable Future ETF (PFUT), Fidelity Sustainable U.S. Equity ETF (FSST), SPDR S&P Kensho New Economies Composite ETF (KOMP) and BlackRock Future Tech ETF (BTEK). 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). What is Planet Labs PBC's stock symbol? Planet Labs PBC trades on the New York Stock Exchange (NYSE) under the ticker symbol "PL." Who are Planet Labs PBC's major shareholders? Planet Labs PBC's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (1.10%), Charles Schwab Investment Management Inc. (0.49%), Teramo Advisors LLC (0.37%), Voya Investment Management LLC (0.34%), Putnam Investments LLC (0.33%) and CI Investments Inc. (0.27%). Insiders that own company stock include 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Planet Labs PBC's stock price today? One share of PL stock can currently be purchased for approximately $3.49. How much money does Planet Labs PBC make? Planet Labs PBC (NYSE:PL) has a market capitalization of $949.63 million and generates $131.21 million in revenue each year. The company earns $-137,120,000.00 in net income (profit) each year or ($0.73) on an earnings per share basis. How many employees does Planet Labs PBC have? The company employs 727 workers across the globe. How can I contact Planet Labs PBC? Planet Labs PBC's mailing address is 645 Harrison Street 4th Floor San Francisco, CA 94107 United States. The official website for the company is www.planet.com. The company can be reached via phone at 415-829-3313 or via email at ir@dmytechnology.com. This page (NYSE:PL) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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