Wedbush Comments on Planet Labs PBC FY2025 Earnings

Planet Labs PBC (NYSE:PL) – Wedbush issued their FY2025 EPS estimates for Planet Labs PBC in a research report issued to clients and investors on Tuesday, December 10th. Wedbush analyst D. Ives anticipates 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 subject of several other research reports. The Goldman Sachs Group dropped their price target on Planet Labs PBC from $3.50 to $3.10 and set a “buy” rating for the company in a research report on Tuesday, September 10th. JMP Securities reissued a “market outperform” rating and issued a $4.50 target price (up previously from $4.00) on shares of Planet Labs PBC in a research note on Monday, December 9th. Craig Hallum upped their target price on shares of Planet Labs PBC from $2.50 to $3.50 and gave the company a “hold” rating in a report on Tuesday. Finally, Needham & Company LLC reiterated a “buy” rating and set a $5.00 price target on shares of Planet Labs PBC in a report on Tuesday. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Planet Labs PBC presently has a consensus rating of “Moderate Buy” and a consensus price target of $4.14.

Planet Labs PBC Trading Up 3.0 %

Shares of NYSE PL opened at $4.01 on Friday. The company’s 50-day moving average price is $2.96 and its 200 day moving average price is $2.42. Planet Labs PBC has a 52 week low of $1.67 and a 52 week high of $4.99. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of -9.77 and a beta of 1.34.

Institutional Investors Weigh In On Planet Labs PBC

A number of large investors have recently modified their holdings of PL. Geode Capital Management LLC grew its position in shares of Planet Labs PBC by 16.5% during the third quarter. Geode Capital Management LLC now owns 4,870,492 shares of the company’s stock worth $10,864,000 after buying an additional 689,888 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its stake in shares of Planet Labs PBC by 119.8% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 895,109 shares of the company’s stock valued at $1,996,000 after purchasing an additional 487,958 shares in the last quarter. ArrowMark Colorado Holdings LLC lifted its position in shares of Planet Labs PBC by 28.2% during the third quarter. ArrowMark Colorado Holdings LLC now owns 1,817,000 shares of the company’s stock worth $4,052,000 after purchasing an additional 400,000 shares during the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd bought a new position in shares of Planet Labs PBC during the second quarter worth about $632,000. Finally, State Street Corp grew its stake in Planet Labs PBC by 5.7% in the third quarter. State Street Corp now owns 4,272,633 shares of the company’s stock worth $9,528,000 after purchasing an additional 230,076 shares in the last quarter. Institutional investors and hedge funds own 41.71% of the company’s stock.

About Planet Labs PBC

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.