Cantor Fitzgerald Forecasts Strong Price Appreciation for Planet Labs PBC (NYSE:PL) Stock

Planet Labs PBC (NYSE:PL) had its price objective boosted by Cantor Fitzgerald from $20.00 to $40.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Cantor Fitzgerald’s target price indicates a potential upside of 18.51% from the company’s previous close.

Other equities analysts have also issued reports about the stock. Northland Securities set a $28.00 price objective on shares of Planet Labs PBC in a report on Tuesday, January 13th. Weiss Ratings restated a “sell (d-)” rating on shares of Planet Labs PBC in a report on Thursday, January 22nd. Craig Hallum reaffirmed a “buy” rating and set a $30.00 target price on shares of Planet Labs PBC in a research report on Tuesday, January 13th. Morgan Stanley lifted their price target on Planet Labs PBC from $20.00 to $26.00 and gave the company an “equal weight” rating in a report on Tuesday, January 13th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $16.40 price target on shares of Planet Labs PBC in a research report on Tuesday, January 20th. Six research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Planet Labs PBC has an average rating of “Hold” and a consensus price target of $26.43.

Planet Labs PBC Stock Up 25.2%

NYSE:PL opened at $33.75 on Friday. The company has a debt-to-equity ratio of 1.28, a current ratio of 4.00 and a quick ratio of 4.00. Planet Labs PBC has a 1-year low of $2.79 and a 1-year high of $36.28. The company has a 50-day moving average of $25.17 and a 200 day moving average of $17.92. The firm has a market cap of $10.59 billion, a PE ratio of -43.27 and a beta of 1.95.

Planet Labs PBC (NYSE:PL) last posted its earnings results on Thursday, March 19th. The company reported ($0.48) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.43). Planet Labs PBC had a negative net margin of 80.22% and a negative return on equity of 60.21%. The business had revenue of $86.82 million for the quarter, compared to analysts’ expectations of $78.17 million. Planet Labs PBC’s revenue for the quarter was up 41.1% on a year-over-year basis. As a group, research analysts anticipate that Planet Labs PBC will post -0.37 EPS for the current fiscal year.

Insider Activity

In other Planet Labs PBC news, insider Robert H. Schingler sold 73,782 shares of the firm’s stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $19.35, for a total value of $1,427,681.70. Following the completion of the sale, the insider directly owned 1,164,729 shares in the company, valued at $22,537,506.15. This trade represents a 5.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Vijaya Gadde sold 20,000 shares of Planet Labs PBC stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $26.77, for a total transaction of $535,400.00. Following the completion of the transaction, the director directly owned 250,169 shares in the company, valued at $6,697,024.13. This represents a 7.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 292,348 shares of company stock valued at $7,323,958 in the last ninety days. 17.53% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust boosted its holdings in Planet Labs PBC by 92.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,550 shares of the company’s stock worth $31,000 after acquiring an additional 745 shares in the last quarter. MCF Advisors LLC purchased a new stake in shares of Planet Labs PBC during the third quarter worth about $32,000. Baillie Gifford & Co. acquired a new position in shares of Planet Labs PBC during the fourth quarter valued at about $32,000. Larson Financial Group LLC acquired a new position in shares of Planet Labs PBC during the third quarter valued at about $39,000. Finally, GAMMA Investing LLC raised its position in shares of Planet Labs PBC by 146.4% in the 4th quarter. GAMMA Investing LLC now owns 2,011 shares of the company’s stock valued at $40,000 after purchasing an additional 1,195 shares during the last quarter. 41.71% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Planet Labs PBC

Here are the key news stories impacting Planet Labs PBC this week:

• Positive Sentiment: Q4 revenue beat and stronger FY27 guidance — Planet reported Q4 revenue of $86.8M (above estimates) and issued FY2027 revenue guidance well above Street expectations, underpinning investor optimism about faster growth next year. Press Release
• Positive Sentiment: Stronger govt. demand and expanding backlog — Management highlighted robust government and defense demand (backlog up materially), and governments seeking greater satellite access, which supports recurring revenue visibility. WSJ Coverage
• Positive Sentiment: AI and partner initiatives — Planet emphasized AI-driven product opportunities and partnerships (including work tied to Google/NVIDIA in‑orbit AI themes) that could meaningfully expand civil and commercial demand. MarketWatch
• Positive Sentiment: Analyst upgrade momentum — Multiple firms raised ratings/targets (e.g., Wedbush, Cantor Fitzgerald, Needham boosted PTs toward $40) after the results, adding buy-side validation to the move. Proactive
• Neutral Sentiment: Strong market reaction / option activity — Heavy after‑hours buying and elevated call option volume show speculative and institutional interest, amplifying intraday price moves but not changing fundamentals by itself. Invezz
• Negative Sentiment: Mixed earnings metrics — While revenue beat, reported EPS/GAAP metrics were mixed (some sources note an EPS miss), creating ambiguity between GAAP results and adjusted metrics investors are using to value the story. MarketBeat
• Negative Sentiment: Profitability outlook and heavy investment needs — Management expects to invest (e.g., ramp satellite manufacturing) to fulfill backlog; FY27 adjusted EBITDA guidance implies near‑term margin pressure despite positive FCF last year. Press Release
• Negative Sentiment: Rich valuation — The rally leaves PL with a large market cap and elevated forward multiples, increasing sensitivity to execution risk and any guide-downs. Invezz

About Planet Labs PBC

Planet Labs PBC is a public benefit corporation that operates one of the largest fleets of Earth-imaging satellites, providing high-frequency, high-resolution imagery and data analytics to a broad range of industries. The company’s multi-spectral satellite constellation captures daily snapshots of the planet, enabling clients to monitor changes in agriculture, forestry, urban development, energy infrastructure and environmental conditions. Planet’s imagery platform is designed to support timely decision-making by transforming raw satellite data into actionable insights for business and government users.

Founded in 2010 by former NASA scientists Will Marshall, Robbie Schingler and Chris Boshuizen, Planet Labs grew from a small startup into a key provider in the satellite imaging sector.