
Planet Labs (PL) Stock Forecast & Price Target
Planet Labs (PL) Analyst Ratings
Bulls say
Planet Labs is positioned favorably because its record F2Q27 revenue of $116.1MM, up 58% year over year and 10% above consensus, showed powerful demand across its highest-value government and defense markets, especially Defense & Intelligence (+94% y/y) and EMEA (+137% y/y). Its moat is reinforced by a fully operational ~200-satellite fleet, a daily scan of the entire Earth, and an unmatched archive of >1,700 images per point, while current RPO rose 57% y/y to $346MM and backlog reached about $906 million, signaling strong visibility. Management’s slightly raised F27 outlook to $436MM revenue and $6.5MM Adj. EBITDA, plus AI-enabled products that lower adoption barriers, supports the view that Planet can translate proprietary data and sovereign demand into durable growth and improving profitability.
Bears say
Planet Labs is facing a weakening fundamental setup because F3Q27 revenue guidance of $101.0M-$105.0M falls well below consensus of $115.0M, while adjusted EBITDA is still expected to be negative at $(6.0)M to $(1.0)M despite improving gross margin. The company’s growth thesis appears increasingly dependent on a limited pool of larger satellite-services deals, yet the recent seven-figure European defense and intelligence win is materially smaller than the $170M TCV threshold previously highlighted, raising questions about deal size and durability. Longer sales cycles, slower customer growth in new verticals, higher capex, and the risk of equity dilution from the $1.5 billion ATM program further cloud the path to sustained cash generation and a SaaS-like profitability profile.
This aggregate rating is based on analysts' research of Planet Labs and is not a guaranteed prediction by Public.com or investment advice.
Planet Labs (PL) Analyst Forecast & Price Prediction
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Planet Labs (PL) Analyst Forecast & Price Prediction
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