Consensus Rating1
Buy
Highest Price Target1
$5.50
Lowest Price Target1
$3.10
Consensus Price Target1
$4.51

Planet Labs (NYSE:PL) Stock, Analyst Ratings, Price Targets, Forecasts

Planet Labs PBC has a consensus price target of $4.51 based on the ratings of 11 analysts. The high is $5.5 issued by Morgan Stanley on June 12, 2023. The low is $3.1 issued by Goldman Sachs on September 10, 2024. The 3 most-recent analyst ratings were released by Needham, Deutsche Bank, and Citigroup on January 17, 2025, December 17, 2024, and December 16, 2024, respectively. With an average price target of $4.83 between Needham, Deutsche Bank, and Citigroup, there's an implied 6.67% upside for Planet Labs PBC from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug 24
2
Sep 24
3
Dec 24
1
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Deutsche Bank
Citigroup
Craig-Hallum
JMP Securities

1calculated from analyst ratings

Analyst Ratings for Planet Labs

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Planet Labs (PL) stock?

A

The latest price target for Planet Labs (NYSE:PL) was reported by Needham on January 17, 2025. The analyst firm set a price target for $5.00 expecting PL to rise to within 12 months (a possible 10.35% upside). 25 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Planet Labs (PL)?

A

The latest analyst rating for Planet Labs (NYSE:PL) was provided by Needham, and Planet Labs reiterated their buy rating.

Q

When was the last upgrade for Planet Labs (PL)?

A

There is no last upgrade for Planet Labs

Q

When was the last downgrade for Planet Labs (PL)?

A

The last downgrade for Planet Labs PBC happened on December 8, 2023 when Craig-Hallum changed their price target from N/A to $3 for Planet Labs PBC.

Q

When is the next analyst rating going to be posted or updated for Planet Labs (PL)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Planet Labs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Planet Labs was filed on January 17, 2025 so you should expect the next rating to be made available sometime around January 17, 2026.

Q

Is the Analyst Rating Planet Labs (PL) correct?

A

While ratings are subjective and will change, the latest Planet Labs (PL) rating was a reiterated with a price target of $5.00 to $5.00. The current price Planet Labs (PL) is trading at is $4.53, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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