Wedbush Weighs in on Planet Labs PBC FY2025 Earnings

Planet Labs PBC (NYSE:PL - Free Report) - Analysts at Wedbush issued their FY2025 earnings per share estimates for shares of Planet Labs PBC in a research report issued on Tuesday, December 10th. Wedbush analyst D. Ives expects that the company will earn ($0.37) per share for the year. Wedbush has a "Outperform" rating and a $5.00 price objective on the stock. The consensus estimate for Planet Labs PBC's current full-year earnings is ($0.41) per share. Wedbush also issued estimates for Planet Labs PBC's Q4 2025 earnings at ($0.07) EPS, Q1 2026 earnings at ($0.07) EPS, Q2 2026 earnings at ($0.07) EPS, Q3 2026 earnings at ($0.06) EPS, Q4 2026 earnings at ($0.06) EPS and FY2026 earnings at ($0.26) EPS.

PL has been the topic of several other research reports. Craig Hallum upped their price target on Planet Labs PBC from $2.50 to $3.50 and gave the stock a "hold" rating in a report on Tuesday. The Goldman Sachs Group dropped their price objective on Planet Labs PBC from $3.50 to $3.10 and set a "buy" rating on the stock in a report on Tuesday, September 10th. Needham & Company LLC reiterated a "buy" rating and issued a $5.00 price objective on shares of Planet Labs PBC in a report on Tuesday. Finally, JMP Securities reissued a "market outperform" rating and issued a $4.50 price target (up from $4.00) on shares of Planet Labs PBC in a report on Monday. One analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $4.14.

Planet Labs PBC Stock Up 2.3 %

NYSE PL traded up $0.09 during trading hours on Friday, hitting $3.98. 1,888,665 shares of the company were exchanged, compared to its average volume of 2,125,557. The company has a 50 day moving average of $2.92 and a two-hundred day moving average of $2.41. Planet Labs PBC has a 52-week low of $1.67 and a 52-week high of $4.99. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of -9.52 and a beta of 1.34.

Institutional Investors Weigh In On Planet Labs PBC

Institutional investors have recently added to or reduced their stakes in the company. Franklin Resources Inc. boosted its stake in shares of Planet Labs PBC by 4.1% during the 3rd quarter. Franklin Resources Inc. now owns 1,808,487 shares of the company's stock worth $4,105,000 after acquiring an additional 71,719 shares in the last quarter. Barclays PLC raised its position in Planet Labs PBC by 25.0% in the 3rd quarter. Barclays PLC now owns 326,147 shares of the company's stock worth $728,000 after purchasing an additional 65,181 shares during the last quarter. Geode Capital Management LLC grew its holdings in Planet Labs PBC by 16.5% during the 3rd quarter. Geode Capital Management LLC now owns 4,870,492 shares of the company's stock worth $10,864,000 after acquiring an additional 689,888 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in Planet Labs PBC during the 3rd quarter worth $406,000. Finally, XTX Topco Ltd grew its holdings in shares of Planet Labs PBC by 56.8% in the 3rd quarter. XTX Topco Ltd now owns 169,205 shares of the company's stock valued at $377,000 after buying an additional 61,274 shares during the period. 41.71% of the stock is currently owned by institutional investors and hedge funds.

Planet Labs PBC Company Profile

Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company's platform offers planet monitoring, basemap, tasking, apps, and application programming interfaces, as well as analytics and planetary variables.