NYSE: PL
Planet Labs PBC Stock Forecast, Predictions & Price Target

Analyst price target for PL

Based on 5 analysts offering 12 month price targets for Planet Labs PBC

Min Forecast
$2.50-39.9%
Avg Forecast
$3.92-5.77%
Max Forecast
$5.00+20.19%

Should I buy or sell PL stock?

Based on 5 analysts offering ratings for Planet Labs PBC.

Buy
Strong Buy
1 analysts 20%
Buy
3 analysts 60%
Hold
1 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although PL's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates PL as a "Hold". Stocks with a Zen Rating of Hold have beat the market by +7.53%. Learn More

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PL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-09-26
lockedlocked$00.00+00.00%2024-09-10
lockedlocked$00.00+00.00%2024-09-06
lockedlocked$00.00+00.00%2024-09-06
lockedlocked$00.00+00.00%2024-08-16

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Forecast return on equity

Is PL forecast to generate an efficient return?

Company
-15.5%
Industry
20.79%
Market
70.65%
PL's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PL forecast to generate an efficient return on assets?

Company
-11.14%
Industry
7.68%
PL is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PL earnings per share forecast

What is PL's earnings per share in the next 3 years based on estimates from 2 analysts?

Avg 1 year Forecast
-$0.42
Avg 2 year Forecast
-$0.34
Avg 3 year Forecast
-$0.25

PL revenue forecast

What is PL's revenue in the next 3 years based on estimates from 3 analysts?

Avg 1 year Forecast
$251.5M+6.67%
Avg 2 year Forecast
$294.1M+24.75%
Avg 3 year Forecast
$360.0M+52.7%
PL's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PL revenue growth forecast

How is PL forecast to perform vs Aerospace & Defense companies and vs the US market?

Company
14.22%
Industry
6.49%
Market
8.88%
PL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PL vs Defense Stocks

TickerPricePrice TargetUp/downsideConsensus
PL$4.16$3.92-5.77%Buy
EVEX$4.46$6.00+34.53%Strong Buy
EH$15.09N/AN/A
CDRE$35.53$37.00+4.14%Strong Buy
TGI$19.00$16.00-15.79%Hold

Planet Labs Stock Forecast FAQ

Is Planet Labs Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: PL) stock is to Buy PL stock.

Out of 5 analysts, 1 (20%) are recommending PL as a Strong Buy, 3 (60%) are recommending PL as a Buy, 1 (20%) are recommending PL as a Hold, 0 (0%) are recommending PL as a Sell, and 0 (0%) are recommending PL as a Strong Sell.

If you're new to stock investing, here's how to buy Planet Labs stock.

What is PL's earnings growth forecast for 2025-2027?

(NYSE: PL) Planet Labs's forecast annual earnings growth rate of N/A is not forecast to beat the US Aerospace & Defense industry's average forecast earnings growth rate of 12.14%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.31%.

Planet Labs's earnings in 2024 is -$136,051,000.On average, 2 Wall Street analysts forecast PL's earnings for 2025 to be -$121,792,707, with the lowest PL earnings forecast at -$123,260,089, and the highest PL earnings forecast at -$120,325,325. On average, 2 Wall Street analysts forecast PL's earnings for 2026 to be -$99,781,977, with the lowest PL earnings forecast at -$102,716,741, and the highest PL earnings forecast at -$96,847,213.

In 2027, PL is forecast to generate -$73,369,101 in earnings, with the lowest earnings forecast at -$73,369,101 and the highest earnings forecast at -$73,369,101.

What is PL's revenue growth forecast for 2025-2027?

(NYSE: PL) Planet Labs's forecast annual revenue growth rate of 14.22% is forecast to beat the US Aerospace & Defense industry's average forecast revenue growth rate of 6.49%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.88%.

Planet Labs's revenue in 2024 is $235,764,000.On average, 3 Wall Street analysts forecast PL's revenue for 2025 to be $73,804,619,732, with the lowest PL revenue forecast at $73,311,579,375, and the highest PL revenue forecast at $74,689,744,564. On average, 3 Wall Street analysts forecast PL's revenue for 2026 to be $86,315,812,268, with the lowest PL revenue forecast at $82,921,757,668, and the highest PL revenue forecast at $88,101,616,181.

In 2027, PL is forecast to generate $105,656,200,702 in revenue, with the lowest revenue forecast at $105,656,200,702 and the highest revenue forecast at $105,656,200,702.

What is PL's forecast return on assets (ROA) for 2025-2027?

(NYSE: PL) forecast ROA is -11.14%, which is lower than the forecast US Aerospace & Defense industry average of 7.68%.

What is PL's Price Target?

According to 5 Wall Street analysts that have issued a 1 year PL price target, the average PL price target is $3.92, with the highest PL stock price forecast at $5.00 and the lowest PL stock price forecast at $2.50.

On average, Wall Street analysts predict that Planet Labs's share price could fall to $3.92 by Sep 26, 2025. The average Planet Labs stock price prediction forecasts a potential downside of 5.77% from the current PL share price of $4.16.

What is PL's Earnings Per Share (EPS) forecast for 2025-2027?

(NYSE: PL) Planet Labs's current Earnings Per Share (EPS) is -$0.46. On average, analysts forecast that PL's EPS will be -$0.42 for 2025, with the lowest EPS forecast at -$0.42, and the highest EPS forecast at -$0.41. On average, analysts forecast that PL's EPS will be -$0.34 for 2026, with the lowest EPS forecast at -$0.35, and the highest EPS forecast at -$0.33. In 2027, PL's EPS is forecast to hit -$0.25 (min: -$0.25, max: -$0.25).

What is PL's forecast return on equity (ROE) for 2025-2027?

(NYSE: PL) forecast ROE is -15.5%, which is considered weak.
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