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PL Stock Forecast: PLANET LABS PBC Price Predictions for 2026

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$38.03

+0.53 (1.41%)

PL Stock Forecast 2026-2027

$38.03
Current Price
$13.17B
Market Cap
10 Ratings
Buy 7
Hold 3
Sell 0
Wall St Analyst Ratings

Distance to PL Price Targets

+5.2%
To High Target of $40.00
-5.3%
To Median Target of $36.00
-47.4%
To Low Target of $20.00

PL Price Momentum

+10.5%
1 Week Change
+12.4%
1 Month Change
+1,151.0%
1 Year Change
+92.8%
Year-to-Date Change
-5.5%
From 52W High of $40.23
+1,202.4%
From 52W Low of $2.92
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Latest PL Stock Price Targets & Analyst Predictions

Based on our analysis of 19 Wall Street analysts, PL has a bullish consensus with a median price target of $36.00 (ranging from $20.00 to $40.00). The overall analyst rating is Strong Buy (8.6/10). Currently trading at $38.03, the median forecast implies a -5.3% downside. This outlook is supported by 7 Buy, 3 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Dan Ives at Wedbush, projecting a 5.2% upside. Conversely, the most conservative target is provided by Anthony Valentini at Goldman Sachs, suggesting a 47.4% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

PL Analyst Ratings

7
Buy
3
Hold
0
Sell

PL Price Target Range

Low
$20.00
Average
$36.00
High
$40.00
Current: $38.03

Latest PL Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for PL.

Date Firm Analyst Rating Change Price Target
Apr 20, 2026 Goldman Sachs Anthony Valentini Neutral Maintains $20.00
Apr 2, 2026 Citigroup John Godyn Buy Maintains $35.00
Mar 25, 2026 Morgan Stanley Kristine Liwag Equal-Weight Maintains $35.00
Mar 20, 2026 Wedbush Dan Ives Outperform Maintains $40.00
Mar 20, 2026 Cantor Fitzgerald Colin Canfield Overweight Maintains $40.00
Mar 20, 2026 Clear Street Gregory Pendy Buy Maintains $34.00
Mar 20, 2026 Needham Ryan Koontz Buy Maintains $40.00
Jan 14, 2026 Morgan Stanley Kristine Liwag Equal-Weight Maintains $26.00
Jan 13, 2026 Citigroup John Godyn Buy Maintains $30.00
Jan 13, 2026 Wedbush Daniel Ives Outperform Maintains $28.00
Dec 29, 2025 Clear Street Gregory Pendy Buy Maintains $22.00
Dec 12, 2025 Morgan Stanley Kristine Liwag Equal-Weight Maintains $20.00
Dec 12, 2025 Citigroup John Godyn Buy Initiates $19.00
Dec 11, 2025 Needham Ryan Koontz Buy Maintains $22.00
Dec 11, 2025 Wedbush Dan Ives Outperform Maintains $20.00
Dec 11, 2025 Deutsche Bank Edison Yu Buy Maintains $17.00
Dec 11, 2025 Clear Street Gregory Pendy Buy Maintains $16.00
Dec 4, 2025 Clear Street Gregory Pendy Buy Maintains $14.00
Oct 21, 2025 Deutsche Bank Edison Yu Buy Maintains $16.00
Oct 21, 2025 JMP Securities Trevor Walsh Market Perform Downgrade $N/A

PLANET LABS PBC (PL) Competitors

The following stocks are similar to Planet Labs based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

PLANET LABS PBC (PL) Financial Data

PLANET LABS PBC has a market capitalization of $13.17B with a P/E ratio of -47.6x. The company generates $307.73M in trailing twelve-month revenue with a -80.2% profit margin.

Revenue growth is +41.1% quarter-over-quarter, while maintaining an operating margin of -30.4% and return on equity of -78.4%.

Valuation Metrics

Market Cap $13.17B
Enterprise Value $12.80B
P/E Ratio -47.6x
PEG Ratio -0.2x
Price/Sales 42.2x

Growth & Margins

Revenue Growth (YoY) +41.1%
Gross Margin +54.2%
Operating Margin -30.4%
Net Margin -80.2%
EPS Growth +41.1%

Financial Health

Cash/Price Ratio +4.9%
Current Ratio 1.7x
Debt/Equity 245.4x
ROE -78.4%
ROA -5.9%
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PLANET LABS PBC logo

PLANET LABS PBC (PL) Business Model

About PLANET LABS PBC

What They Do

Operates a large fleet of Earth-imaging satellites.

Business Model

The company generates revenue by providing high-frequency, high-resolution imagery and geospatial data analytics to various sectors including agriculture, energy, finance, and defense. It offers analysis-ready data and integrates seamlessly into customer workflows through cloud-based solutions and applications, catering to a wide array of clients such as businesses, governments, and research institutions.

Additional Information

Founded in 2010 and headquartered in San Francisco, California, Planet Labs PBC is a public benefit corporation that focuses on delivering timely insights for environmental monitoring, urban development, and global events. With a diverse range of satellite technologies and a strong emphasis on global coverage, the company plays a crucial role in supporting decision-making and risk mitigation.

Company Information

Sector

Industrials

Industry

Aerospace & Defense

Employees

945

CEO

Dr. William Spencer Marshall

Country

United States

IPO Year

2021

PLANET LABS PBC (PL) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Planet Labs vs. Snowflake: Which AI Data Stock Has an Edge Now?

Snowflake vs. Planet Labs: one powers an AI Data Cloud, the other turns satellite imagery into AI-driven intelligence. Which stock has the edge now?

Apr 14, 2026 By Tanuka De Analyst Blog

Space Stocks Are Taking Off. Here's Why

Space stocks are soaring thanks to NASA's Artemis mission, the SpaceX IPO, and more.

Apr 13, 2026 By Neena Mishra ETF Spotlight

Latest News

PL stock latest news image
Quick Summary

Tim Bohen remains bullish on the space sector, highlighting potential in Intuitive Machines (LUNR) and Planet Labs (PL) as SpaceX prepares for its IPO.

Why It Matters

Tim Bohen's bullish view on Intuitive Machines and Planet Labs signals potential growth in the space sector, especially with SpaceX's IPO, attracting investor interest in these companies.

Source: Schwab Network
Market Sentiment: Positive
PL stock latest news image
Quick Summary

Planet board member Ita Brennan sold 48,000 shares of the company's stock. Despite this sale, investor sentiment remains unaffected.

Why It Matters

Ita Brennan's sale of 48,000 shares may signal insider confidence issues, but lack of market reaction suggests strong investor sentiment or confidence in the company's future.

Source: The Motley Fool
Market Sentiment: Neutral
PL stock latest news image
Quick Summary

Space-focused companies are experiencing a rally due to the White House's new space nuclear power initiative, SpaceX's anticipated IPO, and NASA's successful Artemis II mission.

Why It Matters

The surge in space-focused companies signals growing confidence in the industry, driven by government support, potential IPO gains, and successful missions, indicating lucrative investment opportunities.

Source: Benzinga
Market Sentiment: Positive
PL stock latest news image
Quick Summary

SpaceX plans an IPO that may raise billions, boosting interest in space stocks among investors.

Why It Matters

SpaceX's IPO could significantly boost capital in the space sector, increasing investor interest and potentially driving up the stock prices of related companies.

Source: The Motley Fool
Market Sentiment: Positive
PL stock latest news image
Quick Summary

Investors are currently focused on rising oil prices, with little attention being paid to the potential for a short squeeze on Wall Street.

Why It Matters

Surging oil prices can impact inflation and economic growth, affecting market sentiment and stock valuations, potentially leading to unexpected volatility, including short squeezes.

Source: Schaeffers Research
Market Sentiment: Neutral
PL stock latest news image
Quick Summary

SpaceX has filed a confidential draft registration with the SEC for an IPO, aiming for a $1.75 trillion valuation and a $75 billion raise, surpassing Saudi Aramco's previous record.

Why It Matters

SpaceX's IPO signals a significant market event, potentially reshaping investment landscapes and valuations, impacting tech stocks and attracting large-scale institutional interest.

Source: MarketBeat
Market Sentiment: Neutral

Frequently Asked Questions About PL Stock

What is PLANET LABS PBC's (PL) stock forecast for 2026?

Based on our analysis of 19 Wall Street analysts, PLANET LABS PBC (PL) has a median price target of $36.00. The highest price target is $40.00 and the lowest is $20.00.

Is PL stock a good investment in 2026?

According to current analyst ratings, PL has 7 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $38.03. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for PL stock?

Wall Street analysts predict PL stock could reach $36.00 in the next 12 months. This represents a -5.3% decrease from the current price of $38.03. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is PLANET LABS PBC's business model?

The company generates revenue by providing high-frequency, high-resolution imagery and geospatial data analytics to various sectors including agriculture, energy, finance, and defense. It offers analysis-ready data and integrates seamlessly into customer workflows through cloud-based solutions and applications, catering to a wide array of clients such as businesses, governments, and research institutions.

What is the highest forecasted price for PL PLANET LABS PBC?

The highest price target for PL is $40.00 from Dan Ives at Wedbush, which represents a 5.2% increase from the current price of $38.03.

What is the lowest forecasted price for PL PLANET LABS PBC?

The lowest price target for PL is $20.00 from Anthony Valentini at Goldman Sachs, which represents a -47.4% decrease from the current price of $38.03.

What is the overall PL consensus from analysts for PLANET LABS PBC?

The overall analyst consensus for PL is bullish. Out of 19 Wall Street analysts, 7 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $36.00.

How accurate are PL stock price projections?

Stock price projections, including those for PLANET LABS PBC, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: April 22, 2026 3:37 AM UTC
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