Planet Labs Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)

6 analysts have expressed a variety of opinions on Planet Labs PL over the past quarter, offering a diverse set of opinions from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 2 1 0 0
Last 30D 1 0 0 0 0
1M Ago 1 0 0 0 0
2M Ago 0 0 1 0 0
3M Ago 1 2 0 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $6.72, a high estimate of $8.00, and a low estimate of $3.50. This current average represents a 5.75% decrease from the previous average price target of $7.13.

Investigating Analyst Ratings: An Elaborate Study

The standing of Planet Labs among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Ryan Koontz Needham Maintains Buy $8.00 $8.00
Ryan Koontz Needham Maintains Buy $8.00 $8.00
Noah Poponak Goldman Sachs Lowers Neutral $3.50 $6.00
Ryan Koontz Needham Maintains Buy $8.00 $8.00
Trevor Walsh Citizens Capital Markets Maintains Market Outperform $6.50 $6.50
Colin Canfield Cantor Fitzgerald Maintains Overweight $6.30 $6.30

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Planet Labs. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Planet Labs compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Planet Labs's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Planet Labs's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Planet Labs analyst ratings.

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Unveiling the Story Behind Planet Labs

Planet Labs PBC is an Earth-imaging company. It uses space to help life on Earth by imaging the world every day and making change visible, accessible, and actionable. Its platform includes imagery, insights, and machine learning that empower companies, governments, and communities around the world to make timely decisions about the evolving world. Its solutions are Broad Area Management. Its products are Planet Monitoring, Planet Tasking, Planet Analytic Feeds, Planetary Variables, Planet Basemaps, Planet Insights, and Platform Pricing. The group provides solutions to the Agriculture Science Program, Energy & Infrastructure, Forestry & Land Use, Mapping, Sustainability, Maritime, Civil Government, U.S. State and Local, Europe, Planet Federal, Defense & Intelligence, and Armed Services.

Planet Labs's Economic Impact: An Analysis

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Planet Labs displayed positive results in 3M. As of 31 January, 2025, the company achieved a solid revenue growth rate of approximately 4.59%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -57.11%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Planet Labs's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -7.76%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -5.56%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.05.

The Significance of Analyst Ratings Explained

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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