Planet LabsPL
Market Cap: $621M
About: Planet Labs PBC is an Earth-imaging company. The company provides daily satellite data that helps businesses, governments, researchers, and journalists understand the physical world and take action.
Employees: 1,180
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
21% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 42
20% more call options, than puts
Call options by funds: $230K | Put options by funds: $192K
4% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 25
1% more funds holding
Funds holding: 163 [Q1] → 164 (+1) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 5 (+0) [Q2]
1.46% less ownership
Funds ownership: 44.15% [Q1] → 42.7% (-1.46%) [Q2]
29% less capital invested
Capital invested by funds: $300M [Q1] → $214M (-$86M) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Goldman Sachs Noah Poponak 54% 1-year accuracy 13 / 24 met price target | 47%upside $3.10 | Buy Maintained | 10 Sept 2024 |
JMP Securities Trevor Walsh 63% 1-year accuracy 35 / 56 met price target | 89%upside $4 | Market Outperform Reiterated | 6 Sept 2024 |
Craig-Hallum Jeff Van Rhee 50% 1-year accuracy 5 / 10 met price target | 18%upside $2.50 | Hold Maintained | 6 Sept 2024 |
Needham Ryan Koontz 45% 1-year accuracy 39 / 86 met price target | 136%upside $5 | Buy Maintained | 6 Sept 2024 |
Wedbush Daniel Ives 66% 1-year accuracy 92 / 139 met price target | 136%upside $5 | Outperform Reiterated | 16 Aug 2024 |
Financial journalist opinion
Based on 12 articles about PL published over the past 30 days