Planet Labs PBC (NYSE:PL) Given Average Rating of “Hold” by Brokerages

Posted by Geri Gentry on Jul 30th, 2026

Shares of Planet Labs PBC (NYSE:PL – Get Free Report) have been given an average rating of “Hold” by the twelve brokerages that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $35.3583.

Several equities analysts have recently issued reports on the company. Weiss Ratings upgraded Planet Labs PBC from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, June 15th. Zacks Research raised Planet Labs PBC from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 2nd. Northland Securities set a $50.00 target price on shares of Planet Labs PBC in a research note on Friday, June 5th. Wedbush initiated coverage on shares of Planet Labs PBC in a report on Wednesday, July 1st. They issued an “outperform” rating and a $50.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $36.00 price target on shares of Planet Labs PBC in a research note on Monday, June 15th.

View Our Latest Analysis on PL

Planet Labs PBC Stock Down 4.4%

Shares of NYSE PL opened at $19.51 on Thursday. The stock has a market cap of $6.95 billion, a P/E ratio of -17.12 and a beta of 2.06. The business’s fifty day simple moving average is $31.57 and its 200-day simple moving average is $30.66. Planet Labs PBC has a 12-month low of $5.87 and a 12-month high of $51.76. The company has a current ratio of 2.81, a quick ratio of 2.78 and a debt-to-equity ratio of 1.01.

Planet Labs PBC (NYSE:PL – Get Free Report) last released its earnings results on Thursday, June 4th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.01. Planet Labs PBC had a negative return on equity of 105.29% and a negative net margin of 111.17%.The firm had revenue of $94.15 million during the quarter, compared to analysts’ expectations of $90.39 million. Planet Labs PBC’s revenue was up 42.1% compared to the same quarter last year. As a group, equities analysts predict that Planet Labs PBC will post -0.92 EPS for the current fiscal year.

Insider Activity

In related news, insider Robert H. Schingler sold 25,000 shares of the business’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $25.92, for a total transaction of $648,000.00. Following the completion of the transaction, the insider owned 225,171 shares in the company, valued at approximately $5,836,432.32. The trade was a 9.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Ashley F. Johnson sold 75,035 shares of the business’s stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $22.08, for a total transaction of $1,656,772.80. Following the transaction, the chief financial officer owned 1,132,122 shares of the company’s stock, valued at approximately $24,997,253.76. The trade was a 6.22% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 171,122 shares of company stock worth $4,148,906. 16.42% of the stock is currently owned by corporate insiders.

Institutional Trading of Planet Labs PBC

A number of institutional investors have recently bought and sold shares of PL. AQR Capital Management LLC lifted its holdings in Planet Labs PBC by 671.1% during the 1st quarter. AQR Capital Management LLC now owns 92,693 shares of the company’s stock worth $313,000 after buying an additional 80,672 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Planet Labs PBC in the 1st quarter valued at about $189,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Planet Labs PBC by 6.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 130,798 shares of the company’s stock worth $442,000 after acquiring an additional 8,143 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Planet Labs PBC by 54.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,856,245 shares of the company’s stock worth $6,274,000 after acquiring an additional 653,173 shares in the last quarter. Finally, Thompson Davis & CO. Inc. purchased a new stake in Planet Labs PBC during the second quarter worth approximately $121,000. 41.71% of the stock is owned by hedge funds and other institutional investors.

About Planet Labs PBC

(Get Free Report)

Planet Labs PBC is a public benefit corporation that operates one of the largest fleets of Earth-imaging satellites, providing high-frequency, high-resolution imagery and data analytics to a broad range of industries. The company’s multi-spectral satellite constellation captures daily snapshots of the planet, enabling clients to monitor changes in agriculture, forestry, urban development, energy infrastructure and environmental conditions. Planet’s imagery platform is designed to support timely decision-making by transforming raw satellite data into actionable insights for business and government users.

Founded in 2010 by former NASA scientists Will Marshall, Robbie Schingler and Chris Boshuizen, Planet Labs grew from a small startup into a key provider in the satellite imaging sector.