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Planet Labs

PLNYSE
Logo brought to you by Benzinga Data
$2.74
0.187.03%
At Close: -
$2.74
00.00%
After Hours: Aug 23, 7:59 PM EDT
15 minutes delayed
Q2 2024 Earnings in 11 days from now on Thu Sep 5th, after the market close
Consensus Rating1
Buy
Highest Price Target1
$10.00
Lowest Price Target1
$2.00
Consensus Price Target1
$5.24

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

Planet Labs PBC has a consensus price target of $5.24 based on the ratings of 11 analysts. The high is $10 issued by Piper Sandler on January 7, 2022. The low is $2 issued by Craig-Hallum on June 7, 2024. The 3 most-recent analyst ratings were released by Wedbush, JMP Securities, and Needham on August 16, 2024, June 27, 2024, and June 26, 2024, respectively. With an average price target of $5.33 between Wedbush, JMP Securities, and Needham, there's an implied 94.65% upside for Planet Labs PBC from these most-recent analyst ratings.

Analyst Trends and Forecast
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Apr
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May
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Jun
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wedbush
JMP Securities
Needham
Craig-Hallum
Goldman Sachs

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 Wedbush on August 16, 2024. The analyst firm set a price target for $5.00 expecting PL to rise to within 12 months (a possible 82.48% upside). 19 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 Wedbush, and Planet Labs reiterated their outperform 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 August 16, 2024 so you should expect the next rating to be made available sometime around August 16, 2025.

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 $2.74, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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