Should I Buy PL? PL 2026 Analysis

Should You Buy Planet Labs PBC (PL) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

27.880

1 Day change

-0.68%

52 Week Range

30.900

Analysis Updated At

2026/01/26

Planet Labs (PL) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company demonstrates strong revenue growth, positive momentum in defense contracts, and increasing demand for its AI-driven satellite solutions. Despite minor concerns like insider selling and a negative net income, the long-term growth potential outweighs the risks.

Technical Analysis

The stock shows bullish moving averages (SMA_5 > SMA_20 > SMA_200), a positive MACD histogram (0.0247), and an RSI of 62.759, which is in the neutral zone. The stock is trading near its pivot level of 26.391, with resistance at 29.862 and support at 22.921. Overall, the technical indicators suggest a bullish trend.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

The low put-call ratios indicate bullish sentiment among options traders, with a significant call volume compared to puts.

Technical Summary

Sell

Buy

Positive Catalysts

Record Q3 fiscal 2026 revenue of $81 million, reflecting 216% YoY growth.
Secured a nine-figure military contract with Sweden.
Strong demand for AI-driven satellite solutions, particularly in defense and intelligence sectors.
Analysts have consistently raised price targets, with some projecting up to $
Positive adjusted EBITDA indicates improving financial health.

Neutral/Negative Catalysts

Insider selling by CFO Ashley F. Johnson on January 20, 2026, may raise concerns about future outlook.
Gross margin dropped by 6.70% YoY, indicating potential cost pressures.
Net income remains negative, though it has improved significantly YoY.

Financial Performance

In Q3 fiscal 2026, revenue increased by 32.62% YoY to $81.25 million. Net income improved by 194.73% YoY to -$59.19 million, and EPS rose by 171.43% YoY to -0.19. However, gross margin dropped to 57.33%, down 6.70% YoY. The company achieved positive adjusted EBITDA, marking a significant financial improvement.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts are generally bullish on Planet Labs, with multiple firms raising price targets recently. Clear Street and Needham have set targets as high as $22, citing strong sales growth, AI-driven innovation, and a path to profitability. Goldman Sachs and Morgan Stanley maintain neutral ratings but acknowledge the company's strategic progress and improving financials.

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 12.3 USD and a high forecast of 22 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: 28.070

Low

12.3

Averages

18.93

High

Current: 28.070

Low

12.3

Averages

18.93

High

Goldman Sachs

Neutral

maintain

AI Analysis

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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PL Should I Buy

PL Should I Buy

Should You Buy Planet Labs PBC (PL) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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