Planet Labs' shares fell approximately 10% this week, crossing below the 5-day SMA, amid overall market turbulence and a negative signal from the CFO's $4 million stock sale, despite a remarkable 487% increase over the past year.
The decline in stock price is attributed to concerns raised by CFO Ashley Johnson's recent stock sale, which may have negatively impacted investor confidence. Additionally, the company's strong financial performance, with a 33% year-over-year revenue growth to $81 million and a backlog surge of 216% to $734 million, has not alleviated valuation concerns, as analysts caution against buying at current price levels due to the high price-to-sales ratio of 28.
This situation highlights the volatility of speculative stocks in a turbulent market environment, necessitating investor vigilance regarding market sentiment shifts and the implications of insider selling on future stock performance.
Wall Street analysts forecast PL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PL is 18.93 USD with a low forecast of 12.30 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
Wall Street analysts forecast PL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PL is 18.93 USD with a low forecast of 12.30 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Buy
3 Hold
0 Sell
Moderate Buy
Current: 25.870
Low
12.30
Averages
18.93
High
22.00
Current: 25.870
Low
12.30
Averages
18.93
High
22.00
Goldman Sachs
Neutral
maintain
2026-01-20
Reason
Goldman Sachs
Price Target
AI Analysis
2026-01-20
maintain
Neutral
Reason
Goldman Sachs raised the firm's price target on Planet Labs to $16.40 from $12.30 and keeps a Neutral rating on the shares. The firm's Q4 Aerospace & Defense preview highlights favorable aerospace OE conditions, with supply below demand, while aftermarket growth outpaces global ASMs with strong pricing supporting margins, the analyst tells investors in a research note. Business jet demand remains solid amid tight supply, defense hardware growth is improving though margins face risk from shifting contracts, defense tech momentum emphasizes faster, commercial-style providers, and federal IT obligations continue under pressure, the firm says.
Clear Street
Greg Pendy
Buy
maintain
$16 -> $22
2025-12-29
Reason
Clear Street
Greg Pendy
Price Target
$16 -> $22
2025-12-29
maintain
Buy
Reason
Clear Street analyst Greg Pendy raised the firm's price target on Planet Labs to $22 from $16 and keeps a Buy rating on the shares. The firm says the company is positioned for 20%-plus sales growth and margin expansion by pairing its proprietary satellite imagery with advanced artificial intelligence. Planet Labs will reinvest its cash flow into growth over the next two years while maintaining profitability, "marking a clear inflection in business maturity and a path to achieving the Rule of 40," the analyst tells investors in a research note. Clear Street says "Rule of 40" data and software names are typically rewarded with premium valuations.
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Goldman Sachs
Neutral
maintain
2025-12-16
Reason
Goldman Sachs
Price Target
2025-12-16
maintain
Neutral
Reason
Goldman Sachs raised the firm's price target on Planet Labs to $12.30 from $10.90 and keeps a Neutral rating on the shares. The firm cites the company's better than expected Q3 results, along with Plant Labs having won work with the National Geospatial-Intelligence Agency, NASA and the U.S. Navy in recent months, the analyst tells investors in a research note. Planet Labs has also partnered with Google to deploy prototype satellites for putting data centers in space, the firm added.
Morgan Stanley
Kristine Liwag
Equal Weight
maintain
$20
2025-12-12
Reason
Morgan Stanley
Kristine Liwag
Price Target
$20
2025-12-12
maintain
Equal Weight
Reason
Morgan Stanley analyst Kristine Liwag raised the firm's price target on Planet Labs to $20 from $4.50 and keeps an Equal Weight rating on the shares. A fiscal Q3 beat and raise, citing strong Defense and Intelligence traction, early satellite services contributions and momentum across multi-year programs support the company's strategic shift, the analyst tells investors.
About PL
Planet Labs PBC is a provider of global, daily satellite imagery and geospatial solutions. It designs, builds, and operates the earth observation fleet of imaging satellites. It provides mission-critical data, advanced insights, and software solutions comprising agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to derive value from satellite imagery. Its satellite data and analytics reveal actionable insights regarding phenomena, such as deforestation, agriculture, climate change, biodiversity, and supply chains worldwide. Its daily stream of proprietary data and machine learning analytics, delivered over its cloud-native platform, helps companies, governments and civil society use satellite imagery to discover insights as change happens. Its digital technology platform includes Agile Aerospace, Proprietary Big Data, and Platform and Analytics. Its products include Planet Monitoring, Planet Tasking, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
