Planet Labs PBC (NYSE:PL - Free Report) - Research analysts at Northland Capmk upped their FY2025 earnings estimates for Planet Labs PBC in a report released on Tuesday, December 10th. Northland Capmk analyst M. Latimore now forecasts that the company will earn ($0.37) per share for the year, up from their prior estimate of ($0.42). The consensus estimate for Planet Labs PBC's current full-year earnings is ($0.41) per share. Northland Capmk also issued estimates for Planet Labs PBC's Q4 2025 earnings at ($0.07) EPS, Q1 2026 earnings at ($0.07) EPS, Q2 2026 earnings at ($0.06) EPS, Q3 2026 earnings at ($0.06) EPS, Q4 2026 earnings at ($0.06) EPS and FY2026 earnings at ($0.26) EPS.
A number of other equities analysts have also recently weighed in on PL. JMP Securities restated a "market outperform" rating and set a $4.50 price objective (up from $4.00) on shares of Planet Labs PBC in a research report on Monday. Needham & Company LLC restated a "buy" rating and set a $5.00 price objective on shares of Planet Labs PBC in a research report on Tuesday. Wedbush restated an "outperform" rating and set a $5.00 price objective on shares of Planet Labs PBC in a research report on Friday, August 16th. Craig Hallum upped their price objective on shares of Planet Labs PBC from $2.50 to $3.50 and gave the stock a "hold" rating in a research report on Tuesday. Finally, The Goldman Sachs Group reduced their price objective on shares of Planet Labs PBC from $3.50 to $3.10 and set a "buy" rating for the company in a research report on Tuesday, September 10th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Planet Labs PBC has an average rating of "Moderate Buy" and an average target price of $4.14.
View Our Latest Stock Analysis on PL
Shares of NYSE PL opened at $3.91 on Friday. The company's fifty day moving average price is $2.92 and its 200 day moving average price is $2.41. Planet Labs PBC has a 1 year low of $1.67 and a 1 year high of $4.99. The company has a market capitalization of $1.15 billion, a PE ratio of -9.52 and a beta of 1.34.
A number of hedge funds have recently modified their holdings of PL. Algert Global LLC acquired a new stake in shares of Planet Labs PBC in the second quarter valued at about $38,000. Valeo Financial Advisors LLC acquired a new stake in Planet Labs PBC during the third quarter worth about $45,000. Vontobel Holding Ltd. increased its position in Planet Labs PBC by 81.5% during the third quarter. Vontobel Holding Ltd. now owns 22,270 shares of the company's stock worth $50,000 after purchasing an additional 10,000 shares during the last quarter. nVerses Capital LLC acquired a new stake in Planet Labs PBC during the third quarter worth about $61,000. Finally, SG Americas Securities LLC increased its position in Planet Labs PBC by 234.6% during the second quarter. SG Americas Securities LLC now owns 44,442 shares of the company's stock worth $83,000 after purchasing an additional 31,160 shares during the last quarter. 41.71% of the stock is currently owned by institutional investors and hedge funds.
Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company's platform offers planet monitoring, basemap, tasking, apps, and application programming interfaces, as well as analytics and planetary variables.
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