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 6,823 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: $216M [Q2] → $276M (+$60.3M) [Q3]
20% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]
2.42% more ownership
Funds ownership: 42.98% [Q2] → 45.4% (+2.42%) [Q3]
4% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 25
2% less funds holding
Funds holding: 165 [Q2] → 161 (-4) [Q3]
39% less call options, than puts
Call options by funds: $1.57M | Put options by funds: $2.58M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$3.50
25%
downside
Avg. target
$4.50
4%
downside
High target
$5
7%
upside
6 analyst ratings
5 positive
83%
1 neutral
17%
0 negative
0%
Needham Ryan Koontz 72% 1-year accuracy 69 / 96 met price target | 7%upside $5 | Buy Reiterated | 17 Jan 2025 |
Deutsche Bank Edison Yu 60% 1-year accuracy 6 / 10 met price target | 4%downside $4.50 | Buy Maintained | 17 Dec 2024 |
Citigroup Jason Gursky 44% 1-year accuracy 16 / 36 met price target | 7%upside $5 | Buy Maintained | 16 Dec 2024 |
Craig-Hallum Jeff Van Rhee 75% 1-year accuracy 12 / 16 met price target | 25%downside $3.50 | Hold Maintained | 10 Dec 2024 |
JMP Securities Trevor Walsh 77% 1-year accuracy 47 / 61 met price target | 4%downside $4.50 | Market Outperform Reiterated | 10 Dec 2024 |
Financial journalist opinion
Based on 8 articles about PL published over the past 30 days
Positive
The Motley Fool
16 hours ago
Why Planet Labs Is Soaring Today
Shares of Planet Labs (PL 19.89%) are skyrocketing Tuesday. The stock is up 20.8% as of 2:30 p.m.
Neutral
Business Wire
5 days ago
General John W. "Jay" Raymond Elected to Planet's Board of Directors
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced General John W. "Jay" Raymond, formerly Chief of Space Operations of the U.S. Space Force and member of the Joint Chiefs of Staff, has been elected to Planet's board by stockholder written consent. “I'm very excited to welcome Gen. Raymond to our board of directors,” said Will Marshall, Co-Founder, Chief Executive Officer and Chairperson of Planet. “His many yea.
Positive
Zacks Investment Research
6 days ago
PL Boosts Portfolio With Pelican-2 Launch: Should You Buy the Stock?
Planet Labs' sustained growth supported by its innovation, AI-driven projects and continuous deal wins makes it a lucrative choice for investors.
Neutral
Business Wire
1 week ago
Planet Launches High-Resolution Pelican-2 Satellite & 36 SuperDoves
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, announced today that its high-resolution Pelican-2 satellite and 36 SuperDoves of Flock 4G were successfully launched to orbit on SpaceX's Transporter-12 Rideshare mission from Vandenberg Space Force Base in California. The Planet team has successfully made contact with Pelican-2 and started its commissioning process. Pelican-2 joins Pelican-1 (a smallsat platform tech demonstration l.
Positive
The Motley Fool
1 week ago
Why Planet Labs Stock Popped on Tuesday
On a flat to down day for the stock market, space company Planet Labs (PL 5.04%) broke away from the pack and scored gains Tuesday afternoon, after updating investors on the latest refresh of its fleet of Earth observation satellites.
Neutral
Business Wire
1 week ago
Planet to Launch High-Resolution Pelican-2 Satellite & 36 SuperDoves
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, announced today that its high-resolution Pelican-2 satellite & 36 SuperDoves of Flock 4G are scheduled to launch on the Transporter-12 Rideshare mission with SpaceX on Tuesday, January 14, 2025, from Vandenberg Space Force Base in California. SpaceX's launch window opens at 10:49 a.m. PT, and the live launch webcast will be available at spacex.com/launches and on X @SpaceX. This P.
Positive
Zacks Investment Research
1 week ago
Planet Labs Stock Rallies 98% in 6 Months: Is it Still a Buy?
With its emphasis on innovation, AI-driven projects, business strategy and growth potential, PL is a compelling buy for investors.
Positive
The Motley Fool
1 week ago
Why Rocket Lab, Planet Labs, and AST SpaceMobile Stocks Keep Falling
Are space stocks just momentum stocks? It kind of felt that way in 2024, as shares of Rocket Lab (RKLB -0.70%) and AST SpaceMobile (ASTS -1.39%) both roughly quadrupled, and Planet Labs (PL -4.14%) nearly doubled.
Neutral
The Motley Fool
1 month 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
1 month 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.
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