Strong Quarterly Performance: Planet Labs reported another strong quarter, contributing to a significant increase in its share prices.
Market Reaction: The positive quarterly results have led to a notable surge in the company's stock value.
PL
$17.88+Infinity%1D
Analyst Views on PL
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 15.41 USD with a low forecast of 10.90 USD and a high forecast of 20.00 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.
9 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 15.41 USD with a low forecast of 10.90 USD and a high forecast of 20.00 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.
7 Buy
2 Hold
0 Sell
Strong Buy
Current: 18.050
Low
10.90
Averages
15.41
High
20.00
Current: 18.050
Low
10.90
Averages
15.41
High
20.00
Goldman Sachs
Neutral
maintain
2025-12-16
New
Reason
Goldman Sachs
Price Target
2025-12-16
New
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
New
Reason
Morgan Stanley
Kristine Liwag
Price Target
$20
2025-12-12
New
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.
Clear Street
Buy
maintain
$14 -> $16
2025-12-11
Reason
Clear Street
Price Target
$14 -> $16
2025-12-11
maintain
Buy
Reason
Clear Street raised the firm's price target on Planet Labs to $16 from $14 and keeps a Buy rating on the shares. The company reported strong fiscal Q3 results, significantly beating estimates, and now expects positive annual adjusted EBITDA, which is a "major upgrade" from its prior loss guidance, the analyst tells investors in a research note. The firm upped Planet Labs' growth outlook to reflect its artificial intelligence growth and path to profitability.
Wedbush
Outperform
upgrade
$17 -> $20
2025-12-11
Reason
Wedbush
Price Target
$17 -> $20
2025-12-11
upgrade
Outperform
Reason
Wedbush raised the firm's price target on Planet Labs to $20 from $17 and keeps an Outperform rating on the shares. The firm notes the company reported its Q3 results, which featured strong beats across the board while providing strong Q4 guidance as AI continues to be a major tailwind as the company is seeing significant demand through enhanced capabilities for its advanced satellite data solutions. As use cases for solar data applications significantly rise through increased AI integrations, Wedbush continues to believe the Planet Labs is well-positioned at the intersection of Space and AI to capitalize on this rapidly growing market and continues to see accelerated momentum as the company's pipeline continues to see significant growth with increased interest for its entire product portfolio across its growing addressable market.
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.
