Recent Analysts’ Ratings Changes for Planet Labs PBC (PL)

A number of research firms have changed their ratings and price targets for Planet Labs PBC (NYSE: PL):

• 3/25/2026 – Planet Labs PBC had its price target raised by Morgan Stanley from $26.00 to $35.00. They now have an “equal weight” rating on the stock.
• 3/20/2026 – Planet Labs PBC had its price target raised by Cantor Fitzgerald from $20.00 to $40.00. They now have an “overweight” rating on the stock.
• 3/20/2026 – Planet Labs PBC had its price target raised by Wedbush from $30.00 to $40.00. They now have an “outperform” rating on the stock.
• 3/20/2026 – Planet Labs PBC had its price target raised by Needham & Company LLC to $40.00. They now have a “buy” rating on the stock.
• 2/13/2026 – Planet Labs PBC was upgraded by Zacks Research from “strong sell” to “hold”.

Insider Activity at Planet Labs PBC

In other Planet Labs PBC news, Director Kristen Robinson sold 47,835 shares of the business’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $26.96, for a total value of $1,289,631.60. Following the sale, the director owned 222,897 shares of the company’s stock, valued at $6,009,303.12. The trade was a 17.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Robert H. Schingler sold 73,782 shares of the stock in a transaction on Friday, December 26th. The shares were sold at an average price of $19.35, for a total transaction of $1,427,681.70. Following the completion of the transaction, the insider owned 1,164,729 shares of the company’s stock, valued at approximately $22,537,506.15. This represents a 5.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 292,348 shares of company stock worth $7,323,958 in the last three months. Corporate insiders own 17.53% of the company’s stock.

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.