Wedbush Estimates Planet Labs PBC FY2025 Earnings

Planet Labs PBC (NYSE:PL) – Analysts at Wedbush issued their FY2025 earnings per share estimates for Planet Labs PBC in a report released 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 target 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.

A number of other analysts also recently weighed in on PL. The Goldman Sachs Group decreased their price objective on Planet Labs PBC from $3.50 to $3.10 and set a “buy” rating for the company in a report on Tuesday, September 10th. JMP Securities reaffirmed a “market outperform” rating and set a $4.50 price target (up previously from $4.00) on shares of Planet Labs PBC in a research report on Monday. Craig Hallum upped their price target on shares of Planet Labs PBC from $2.50 to $3.50 and gave the company a “hold” rating in a research report on Tuesday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $5.00 price target on shares of Planet Labs PBC in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $4.14.

Planet Labs PBC Stock Performance

NYSE PL opened at $3.91 on Friday. Planet Labs PBC has a twelve month low of $1.67 and a twelve month high of $4.99. The stock has a fifty day simple moving average of $2.92 and a 200 day simple moving average of $2.41.

Hedge Funds Weigh In On Planet Labs PBC

A number of hedge funds have recently added to or reduced their stakes in PL. Algert Global LLC acquired a new position in Planet Labs PBC during the 2nd quarter valued at about $38,000. Valeo Financial Advisors LLC acquired a new position in Planet Labs PBC during the 3rd quarter valued at about $45,000. Vontobel Holding Ltd. boosted its stake in Planet Labs PBC by 81.5% during the 3rd quarter. Vontobel Holding Ltd. now owns 22,270 shares of the company’s stock valued at $50,000 after purchasing an additional 10,000 shares during the last quarter. nVerses Capital LLC acquired a new position in Planet Labs PBC during the 3rd quarter valued at about $61,000. Finally, SG Americas Securities LLC boosted its stake in Planet Labs PBC by 234.6% during the 2nd quarter. SG Americas Securities LLC now owns 44,442 shares of the company’s stock valued at $83,000 after purchasing an additional 31,160 shares during 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.