PL

Planet Labs PBC

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6.190

-0.17(-2.673%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

6.515

Open

6.470

VWAP

Vol

5.05M

Mkt Cap

1.88B

Low

6.050

Amount

EV/EBITDA(TTM)

Total Shares

290.77M

1.65B

EV/OCF(TTM)

227.29

P/S(TTM)

7.30

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2026Q2

FY2026Q3

65.99M

+8.02%

-0.033

-34.62%

69.11M

+12.8%

-0.045

-24.62%

72.71M

+18.13%

-0.043

+114.15%

Estimates Revision

The market is revising Upward the revenue expectations for Planet Labs PBC (PL) for FY2026, with the revenue forecasts being adjusted by 0.57% over the past three months. During the same period, the stock price has changed by 88.15%.

Revenue Estimates for FY2026

Revise Upward

+0.57%

In Past 3 Month

EPS Estimates for FY2026

Revise Downward

-1.86%

In Past 3 Month

Stock Price

Go Up

+88.15%

In Past 3 Month

8 Analyst Rating

19.06% Upside

Wall Street analysts forecast PL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PL is 7.37 USD with a low forecast of 4.60 USD and a high forecast of 9.00 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

1 Hold

0 Sell

Strong Buy

19.06% Upside

Current: 6.190

Low

4.60

Averages

7.37

High

9.00

19.06% Upside

Current: 6.190

Low

4.60

Averages

7.37

High

9.00

Citizens JMP

Trevor Walsh

Outperform

maintain

2025-07-22

Reason

Citizens JMP

Trevor Walsh

Price Target

2025-07-22

maintain

Outperform

Reason

Citizens JMP analyst Trevor Walsh raised the firm's price target on Planet Labs to $8 from $6.50 and keeps an Outperform rating on the shares. The firm's discussions in the field and notable headlines point to key themes across the Aerospace & Defense sector that are likely to influence the company both in the near- and long-term, including the FY26 national defense budget request, Operation Spiderweb, marking a watershed moment in drone warfare, and national security alignment as a priority for commercial space operators, the analyst tells investors in a research note.

Goldman Sachs

Anthony Valentini

Neutral

initiated

$4.60

2025-06-29

Reason

Goldman Sachs

Anthony Valentini

Price Target

$4.60

2025-06-29

initiated

Neutral

Reason

Goldman Sachs analyst Anthony Valentini assumed coverage of Planet Labs with a Neutral rating and $4.60 price target. Planet has a dominant position in the satellite imaging market, which is still in its infancy, but the company has struggled to hit consensus estimates and encountered longer than expected sales cycles as a result of a more challenging macro environment, the analyst tells investors in a research note. The firm says that while the company has addressed this situation with a restructured salesforce and go-to-market strategy, it is still unknown whether demand is strong enough for Planet Labs to fully scale.

Northland

Outperform

maintain

$7 -> $8

2025-06-27

Reason

Northland

Price Target

$7 -> $8

2025-06-27

maintain

Outperform

Reason

Northland raised the firm's price target on Planet Labs to $8 from $7 and keeps an Outperform rating on the shares after the company participated in the firm's Capital Growth conference this week. The CEO said international demand "is the likes of which he has never seen before," adding that opportunities outweigh risk in U.S., the firm tells investors.

Cantor Fitzgerald

Overweight

maintain

2025-06-24

Reason

Cantor Fitzgerald

Price Target

2025-06-24

maintain

Overweight

Reason

Cantor Fitzgerald raised the firm's price target on Planet Labs to $8.50 from $6.30 and keeps an Overweight rating on the shares. Cantor named Planet Labs to the Top Pick in Space given increased confidence in multiple pathways for outperformance over the next 12 months, and thinks Planet's pipeline of JSAT-like satellite services deals can deliver meaningful benefits that can help accelerate the company's sustainable free cash flow target, the analyst tells investors in a research note.

Citi

Jason Gursky

Buy

maintain

$5 -> $7

2025-06-06

Reason

Citi

Jason Gursky

Price Target

$5 -> $7

2025-06-06

maintain

Buy

Reason

Citi analyst Jason Gursky raised the firm's price target on Planet Labs to $7 from $5 and keeps a Buy rating on the shares. The company's Q1 results were better than consensus expectations and it delivered its first quarter of positive free cash flow, the analyst tells investors in a research note. The firm says demand signals, particularly from European customers, have increased significantly year-to-date, and could help drive further adoption of Planet Labs' offerings. Citi now sees a path to sustained free cash flow as international customers appear willing to fund the company's capex ahead of service provision.

Wedbush

Outperform

maintain

$5 -> $7

2025-06-05

Reason

Wedbush

Price Target

$5 -> $7

2025-06-05

maintain

Outperform

Reason

Wedbush raised the firm's price target on Planet Labs to $7 from $5 and keeps an Outperform rating on the shares following the Q1 report. The company raised the low-end of its fiscal 2026 revenue and adjusted EBITDA guidance as it look to convert its $500M backlog into meaningful revenue growth while strategically investing in new innovations to create durable profitable growth, the analyst tells investors in a research note. The firm says the quarter was a "step in the right direction" as Planet Labs "finds itself at the center of multiple market-changing transformations that will present significant opportunities in the pipeline to generate durable profitable growth" into fiscal 2027.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Planet Labs PBC (PL.N) is -38.89, compared to its 5-year average forward P/E of -18.42. For a more detailed relative valuation and DCF analysis to assess Planet Labs PBC 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-18.42

Current PE

-38.89

Overvalued PE

-6.52

Undervalued PE

-30.31

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

208.83

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

1007.45

Undervalued EV/EBITDA

-589.79

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

4.55

Current PS

0.00

Overvalued PS

6.69

Undervalued PS

2.40