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Planet Labs (PL) Stock Forecast & Price Target

Planet Labs (PL) Analyst Ratings

Based on 12 analyst ratings
Buy
Strong Buy 42%
Buy 42%
Hold 17%
Sell 0%
Strong Sell 0%

Bulls say

Planet Labs PBC has demonstrated remarkable financial growth, with total Remaining Performance Obligations (RPO) increasing by 371% year-over-year to $672 million and current RPO (cRPO) rising by 86% year-over-year to $222 million, significantly driven by recent contracts. The company's total revenue for the third quarter (F3Q26) reached $81.3 million, reflecting a 33% year-over-year increase and surpassing both company guidance and market estimates, primarily due to strong performance in its data subscription and defense segments. Additionally, Planet Labs reported an increase in cash reserves to $678 million, up from $278 million in the previous quarter, highlighting its solid financial position and ability to capitalize on expanding global opportunities amidst a backdrop of diminishing launch costs and an increase in US-allied defense budgets.

Bears say

The financial outlook for Planet Labs appears negative primarily due to a significant decrease in free cash flow, which fell to $0.9 million compared to $46.3 million in the previous period, indicating challenges in efficient growth and capital expenditure management. Additionally, the company experienced a decline in total RPO and backlog, signaling weakness in the commercial sector and a struggle to maintain momentum in customer growth, possibly attributable to uncertainty regarding the value of geospatial data in new market segments. The prolonged sales cycles and potential shortcomings in product development further suggest that the company may face difficulties in achieving its growth objectives and generating sustainable revenue.

Planet Labs (PL) has been analyzed by 12 analysts, with a consensus rating of Buy. 42% of analysts recommend a Strong Buy, 42% recommend Buy, 17% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Planet Labs and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Planet Labs (PL) Forecast

Analysts have given Planet Labs (PL) a Buy based on their latest research and market trends.

According to 12 analysts, Planet Labs (PL) has a Buy consensus rating as of Jan 9, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $14.68, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $14.68, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Planet Labs (PL)


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