Planet Labs
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
76% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 33
28% more capital invested
Capital invested by funds: $215M [Q2] → $275M (+$59.8M) [Q3]
20% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]
2.36% more ownership
Funds ownership: 42.9% [Q2] → 45.26% (+2.36%) [Q3]
2% less funds holding
Funds holding: 165 [Q2] → 161 (-4) [Q3]
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
52% less call options, than puts
Call options by funds: $996K | Put options by funds: $2.09M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$3.50
13%
downside
Avg. target
$4.50
11%
upside
High target
$5
24%
upside
6 analyst ratings
5 positive
83%
1 neutral
17%
0 negative
0%
Deutsche Bank Edison Yu 44% 1-year accuracy 4 / 9 met price target | 11%upside $4.50 | Buy Maintained | 17 Dec 2024 |
Citigroup Jason Gursky 48% 1-year accuracy 15 / 31 met price target | 24%upside $5 | Buy Maintained | 16 Dec 2024 |
Craig-Hallum Jeff Van Rhee 69% 1-year accuracy 11 / 16 met price target | 13%downside $3.50 | Hold Maintained | 10 Dec 2024 |
JMP Securities Trevor Walsh 83% 1-year accuracy 49 / 59 met price target | 11%upside $4.50 | Market Outperform Reiterated | 10 Dec 2024 |
Needham Ryan Koontz 71% 1-year accuracy 64 / 90 met price target | 24%upside $5 | Buy Reiterated | 10 Dec 2024 |
Financial journalist opinion
Based on 17 articles about PL published over the past 30 days
Neutral
The Motley Fool
1 day ago
Why Planet Labs Stock Is Gaining Altitude
Planet Labs (PL 4.87%) stock fell along with the rest of the stock market earlier this week, but thanks to some kind words from investment bank Morgan Stanley, the space company is quickly gaining back lost ground.
Neutral
Business Wire
5 days ago
Planet Labs to Present at 27th Annual Needham Growth Conference
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that Ashley Johnson, President and Chief Financial Officer, will participate in a fireside chat at the 27th Annual Needham Growth Conference on January 14th, 2025, at 3:00 p.m. Eastern Time. The discussion will be hosted by Ryan Koontz, Managing Director & Senior Equity Research Analyst at Needham & Company. The company will also be available for 1x1 mee.
Positive
Zacks Investment Research
1 week ago
Are You Looking for a Top Momentum Pick? Why Planet Labs PBC (PL) is a Great Choice
Does Planet Labs PBC (PL) have what it takes to be a top stock pick for momentum investors? Let's find out.
Positive
Zacks Investment Research
1 week ago
Planet Labs PBC (PL) Upgraded to Buy: Here's Why
Planet Labs PBC (PL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Negative
The Motley Fool
1 week ago
Why Planet Labs Stock Dropped After Earnings
Planet Labs (PL -3.44%) stock tumbled 3.9% through 11 a.m. ET Tuesday after reporting mixed Q3 earnings last night.
Neutral
Seeking Alpha
1 week ago
Planet Labs PBC (PL) Q3 2025 Earnings Call Transcript
Planet Labs PBC (NYSE:PL ) Q3 2025 Results Conference Call December 9, 2024 5:00 PM ET Company Participants Chris Genualdi - Vice President, Investor Relations Will Marshall - Co-Founder and Chief Executive Officer Ashley Johnson - President and Chief Financial Officer Conference Call Participants Michael Latimore - Northland Trevor Walsh - JMP Ryan Koontz - Needham & Company Jeff Van Rhee - Craig-Hallum Caleb Henry - Quilty Space Operator Hello everyone. Thank you for attending today's Planet Labs PBC Third Quarter of Fiscal 2025 Earnings Call.
Negative
Zacks Investment Research
1 week ago
Planet Labs PBC (PL) Reports Q3 Loss, Misses Revenue Estimates
Planet Labs PBC (PL) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.13 per share a year ago.
Neutral
Business Wire
1 week ago
Planet Reports Financial Results for Third Quarter of Fiscal Year 2025
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced financial results for the period ended October 31, 2024. "We are pleased with the multiple large contracts secured with government customers globally this quarter, which we expect to ramp up into the year ahead. The third quarter represented Planet's largest ever quarter of ACV bookings, helping lay the foundation for future growth,".
Neutral
Business Wire
1 week ago
Pelican-2 & 36 SuperDoves Arrived in Vandenberg, California For Launch
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, today announced that its latest high-resolution satellite Pelican-2 and 36 SuperDoves have arrived at Vandenberg Space Force Base on December 9, in preparation for liftoff in early 2025 on board the Transporter-12 Rideshare mission with SpaceX. Pelican-2 joins Pelican-1 (a smallsat platform tech demonstration launched last year) as part of Planet's next-generation, high-resolution fle.
Positive
Seeking Alpha
2 weeks ago
From Data To Dollars In Planet Labs' Expanding Universe
Micro to mid-cap tech stocks, including Planet Labs, are seeing significant gains, but it's crucial to assess if fundamentals support these increases. Planet Labs shows promising revenue growth and strategic partnerships, particularly in the carbon credit market, but profitability remains a challenge. Despite mixed earnings and high expenses, Planet Labs' strong gross profit margins and low debt-to-capital ratio indicate potential long-term viability.
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