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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.
1calculated from analyst ratings
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.
The latest analyst rating for Planet Labs (NYSE:PL) was provided by Needham, and Planet Labs reiterated their buy rating.
There is no last upgrade for Planet Labs
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.
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.
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.
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