14,187 Shares in Planet Labs PBC $PL Bought by Integrity Alliance LLC.

Integrity Alliance LLC. bought a new position in shares of Planet Labs PBC (NYSE:PL) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 14,187 shares of the company’s stock, valued at approximately $48,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in Planet Labs PBC by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 16,213,565 shares of the company’s stock worth $54,802,000 after buying an additional 261,171 shares during the last quarter. Northern Trust Corp grew its stake in Planet Labs PBC by 8.0% during the 4th quarter. Northern Trust Corp now owns 1,966,504 shares of the company’s stock worth $7,945,000 after buying an additional 145,123 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Planet Labs PBC by 54.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,856,245 shares of the company’s stock worth $6,274,000 after buying an additional 653,173 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Planet Labs PBC by 41.7% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,323,263 shares of the company’s stock worth $4,473,000 after buying an additional 389,375 shares during the last quarter. Finally, Liontrust Investment Partners LLP grew its stake in Planet Labs PBC by 175.0% during the 1st quarter. Liontrust Investment Partners LLP now owns 1,066,133 shares of the company’s stock worth $3,604,000 after buying an additional 678,486 shares during the last quarter. 41.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. The Goldman Sachs Group assumed coverage on Planet Labs PBC in a research note on Monday, June 30th. They set a “neutral” rating and a $4.60 target price on the stock. JMP Securities boosted their price target on Planet Labs PBC from $8.00 to $11.00 and gave the company a “market outperform” rating in a research note on Tuesday, September 9th. Citigroup reiterated an “outperform” rating on shares of Planet Labs PBC in a research note on Tuesday, September 9th. Wall Street Zen upgraded Planet Labs PBC from a “sell” rating to a “hold” rating in a research note on Friday, June 6th. Finally, Wedbush boosted their price target on Planet Labs PBC from $5.00 to $7.00 and gave the company an “outperform” rating in a research note on Thursday, June 5th. Nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Planet Labs PBC currently has an average rating of “Moderate Buy” and an average price target of $7.56.

Planet Labs PBC Trading Up 0.9%

NYSE PL opened at $9.76 on Monday. The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of -32.52 and a beta of 1.81. Planet Labs PBC has a twelve month low of $2.02 and a twelve month high of $10.08. The stock has a 50-day moving average of $6.90 and a 200 day moving average of $5.11.

Planet Labs PBC (NYSE:PL) last released its quarterly earnings results on Monday, September 8th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.03). The business had revenue of $73.39 million during the quarter, compared to analyst estimates of $65.88 million. Planet Labs PBC had a negative return on equity of 20.25% and a negative net margin of 34.46%.The business’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.06) EPS. Planet Labs PBC has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Equities analysts predict that Planet Labs PBC will post -0.37 EPS for the current fiscal year.

Planet Labs PBC Company Profile

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.