S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?

Planet Labs PBC (PL) Stock Price, News & Analysis

$2.54
0.00 (0.00%)
(As of 03/28/2024 ET)
Today's Range
$2.53
$2.67
50-Day Range
$2.11
$2.56
52-Week Range
$1.99
$5.00
Volume
2.51 million shs
Average Volume
1.22 million shs
Market Capitalization
$732.01 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.74

Planet Labs PBC MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
125.5% Upside
$5.74 Price Target
Short Interest
Bearish
3.85% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.41mentions of Planet Labs PBC in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$6,950 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.53) to ($0.46) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.43 out of 5 stars

Computer And Technology Sector

362nd out of 588 stocks

Radio & T.V. Communications Equipment Industry

12th out of 22 stocks

PL stock logo

About Planet Labs PBC Stock (NYSE:PL)

Planet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company offers planet monitoring, basemap, tasking, apps, variables, hyperspectral, analytic feeds, and platform, as well as planet professional services including launch program, architectural workshop, planet training, integration and data services, and quick start services; and technical support services, which includes planet help center, developer resource center, and planet community and university. It serves agriculture, civil government, civil and intelligence, drought response, science programs, energy and infrastructure, finance and insurance, forestry and land, mapping, maritime, planet federal, and nonprofit program markets. The company is headquartered in San Francisco, California.

PL Stock Price History

PL Stock News Headlines

Your $200 account credit is about to expire
Update to MarketBeat All Access and Save $300 on Your Annual Subscription
Planet Labs PBC Q4 Loss decreases, but misses estimates
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Planet Labs PBC (PL) Set to Announce Earnings on Thursday
PL Apr 2024 7.500 put
7 Stocks That Could Soar as the Space Race Heats Up
Planet Labs PBC - Ordinary Shares - Class A
See More Headlines
Receive PL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Planet Labs PBC and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/29/2023
Today
3/28/2024
Next Earnings (Confirmed)
3/28/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Fax
N/A
Employees
1,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.74
High Stock Price Target
$8.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+125.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$-161,970,000.00
Pretax Margin
-68.47%

Debt

Sales & Book Value

Annual Sales
$214.82 million
Book Value
$2.12 per share

Miscellaneous

Free Float
254,578,000
Market Cap
$732.01 million
Optionable
Optionable
Beta
0.74
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives


PL Stock Analysis - Frequently Asked Questions

Should I buy or sell Planet Labs PBC stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Planet Labs PBC in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PL shares.
View PL analyst ratings
or view top-rated stocks.

What is Planet Labs PBC's stock price target for 2024?

8 brokers have issued 1 year price objectives for Planet Labs PBC's shares. Their PL share price targets range from $3.00 to $8.00. On average, they predict the company's share price to reach $5.74 in the next twelve months. This suggests a possible upside of 125.5% from the stock's current price.
View analysts price targets for PL
or view top-rated stocks among Wall Street analysts.

How have PL shares performed in 2024?

Planet Labs PBC's stock was trading at $2.47 at the beginning of the year. Since then, PL shares have increased by 3.0% and is now trading at $2.5450.
View the best growth stocks for 2024 here
.

How were Planet Labs PBC's earnings last quarter?

Planet Labs PBC (NYSE:PL) released its quarterly earnings results on Wednesday, March, 29th. The company reported ($0.14) earnings per share for the quarter, beating analysts' consensus estimates of ($0.16) by $0.02. The firm earned $52.98 million during the quarter, compared to analysts' expectations of $52.56 million. Planet Labs PBC had a negative trailing twelve-month return on equity of 26.85% and a negative net margin of 69.02%. The business's revenue for the quarter was up 42.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.26) earnings per share.

Is Planet Labs PBC a good dividend stock?

Planet Labs PBC (NYSE:PL) pays an annual dividend of $0.96 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for PL.

What ETFs hold Planet Labs PBC's stock?

ETFs with the largest weight of Planet Labs PBC (NYSE:PL) stock in their portfolio include Procure Space ETF (UFO), Clough Long/Short Equity ETF (CBLS) and Direxion Moonshot Innovators ETF (MOON).SPDR S&P Kensho Final Frontiers ETF (ROKT).

What guidance has Planet Labs PBC issued on next quarter's earnings?

Planet Labs PBC updated its first quarter 2025 earnings guidance on Thursday, March, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $58.0 million-$61.0 million, compared to the consensus revenue estimate of $60.3 million.

What other stocks do shareholders of Planet Labs PBC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Planet Labs PBC investors own include Ballard Power Systems (BLDP) and Regions Financial (RF).

Who are Planet Labs PBC's major shareholders?

Planet Labs PBC's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.35%), Vanguard Group Inc. (6.35%), Voya Investment Management LLC (0.70%), Northern Trust Corp (0.60%), Charles Schwab Investment Management Inc. (0.52%) and Exchange Traded Concepts LLC (0.40%). Insiders that own company stock include Ashley F Johnson, Kevin Weil, Masi Niccolo De and William Spencer Marshall.
View institutional ownership trends
.

How do I buy shares of Planet Labs PBC?

Shares of PL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PL) was last updated on 3/29/2024 by MarketBeat.com Staff

From Our Partners