Planet Labs PBC [PL] stock prices are up 0.24% to $4.17 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PL shares have gain 14.56% over the last week, with a monthly amount drifted -33.17%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Planet Labs PBC [NYSE: PL] stock has seen the most recent analyst activity on January 30, 2025, when Craig Hallum upgraded its rating to a Buy but kept the price target unchanged to $7 for it. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on January 24, 2025, and set its price target to $6.30. On September 06, 2024, Needham reiterated its Buy rating and revised its price target to $5 on the stock. Craig Hallum downgraded its rating to a Hold. JMP Securities initiated its recommendation with a Mkt Outperform and recommended $5.50 as its price target on May 02, 2023. Citigroup started tracking with a Buy rating for this stock on April 18, 2023, and assigned it a price target of $6. In a note dated January 23, 2023, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $6 on this stock.
The stock price of Planet Labs PBC [PL] has been fluctuating between $1.67 and $6.71 over the past year. Currently, Wall Street analysts expect the stock to reach $6.3 within the next 12 months. Planet Labs PBC [NYSE: PL] shares were valued at $4.17 at the most recent close of the market. An investor can expect a potential return of 51.08% based on the average PL price forecast.
Analyzing the PL fundamentals
The Planet Labs PBC [NYSE:PL] reported sales of 241.65M for trailing twelve months, representing a surge of 10.63%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -0.54%, Pretax Profit Margin comes in at -0.48%, and Net Profit Margin reading is -0.49%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is -0.24 and Total Capital is -0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.08 points at the first support level, and at 4.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.25, and for the 2nd resistance point, it is at 4.33.
Ratios To Look Out For
It’s worth pointing out that Planet Labs PBC [NYSE:PL]’s Current Ratio is 2.32. Also, the Quick Ratio is 2.32, while the Cash Ratio stands at 1.13. Considering the valuation of this stock, the price to sales ratio is 5.16, the price to book ratio is 2.66.
Transactions by insiders
Recent insider trading involved Johnson Ashley F., CFO & COO, that happened on Apr 01 ’24 when 1000.0 shares were sold.
