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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
$3.00+38.89%
Avg Forecast
$4.98+130.56%
Max Forecast
$7.00+224.07%

Should I buy or sell PL stock?

Based on 5 analysts offering ratings for Planet Labs PBC.
Buy
Strong Buy
2 analysts 40%
Buy
2 analysts 40%
Hold
1 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-12-08
lockedlocked$00.00+00.00%2023-10-12
lockedlocked$00.00+00.00%2023-09-08
lockedlocked$00.00+00.00%2023-09-08
lockedlocked$00.00+00.00%2023-09-08

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Forecast return on equity

Is PL forecast to generate an efficient return?

Forecast return on assets

Is PL forecast to generate an efficient return on assets?

PL revenue forecast

What is PL's revenue in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$257.2M+19.72%
Avg 2 year Forecast
$325.0M+51.3%
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
23.01%
Industry
8.76%
Market
11.04%
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$2.16$4.98+130.56%Buy
SWBI$13.66$14.00+2.49%Hold
ATRO$18.65$18.00-3.49%Hold
EH$10.39N/AN/A
SPCE$1.67$2.25+34.73%Sell

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, 2 (40%) are recommending PL as a Strong Buy, 2 (40%) 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 revenue growth forecast for 2025-2026?

(NYSE: PL) Planet Labs's forecast annual revenue growth rate of 23.01% is forecast to beat the US Aerospace & Defense industry's average forecast revenue growth rate of 8.76%, and it is also forecast to beat the US market's average forecast revenue growth rate of 11.04%.

Planet Labs's revenue in 2024 is $214,819,000.On average, 4 Wall Street analysts forecast PL's revenue for 2025 to be $73,974,518,595, with the lowest PL revenue forecast at $69,789,560,993, and the highest PL revenue forecast at $76,824,891,779.

In 2026, PL is forecast to generate $93,486,200,301 in revenue, with the lowest revenue forecast at $92,182,391,860 and the highest revenue forecast at $94,790,296,367.

What is PL's forecast return on assets (ROA) for 2025-2026?

(NYSE: PL) forecast ROA is N/A, which is lower than the forecast US Aerospace & Defense industry average of 0.77%.

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 $4.98, with the highest PL stock price forecast at $7.00 and the lowest PL stock price forecast at $3.00.

On average, Wall Street analysts predict that Planet Labs's share price could reach $4.98 by Dec 8, 2024. The average Planet Labs stock price prediction forecasts a potential upside of 130.56% from the current PL share price of $2.16.

What is PL's forecast return on equity (ROE) for 2025-2026?

(NYSE: PL) forecast ROE is N/A, which is considered weak.
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