A share price of Planet Labs PBC [PL] is currently trading at $3.97, up 7.88%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PL shares have gain 3.66% over the last week, with a monthly amount glided 17.11%, and 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 April 11, 2025, when Goldman downgraded its rating to a Neutral but kept the price target unchanged to $3.50 for it. Previously, Craig Hallum upgraded its rating to Buy on January 30, 2025, and kept the price target unchanged to $7. On January 24, 2025, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $6.30 on the stock. Needham reiterated its Buy rating and decreased its price target to $5 on September 06, 2024. Craig Hallum downgraded its rating to a Hold. JMP Securities started tracking with a Mkt Outperform rating for this stock on May 02, 2023, and assigned it a price target of $5.50. In a note dated April 18, 2023, Citigroup initiated an Buy rating and provided a target price of $6 on this stock.
Planet Labs PBC experienced fluctuations in its stock price throughout the past year between $1.73 and $6.71. 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 $3.97 at the most recent close of the market. An investor can expect a potential return of 58.69% based on the average PL price forecast.
Analyzing the PL fundamentals
Trailing Twelve Months sales for Planet Labs PBC [NYSE:PL] were 244.35M which represents 4.59% growth. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -0.48%, Pretax Profit Margin comes in at -0.49%, and Net Profit Margin reading is -0.5%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is -0.26 and Total Capital is -0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
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 3.82 points at the first support level, and at 3.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.05, and for the 2nd resistance point, it is at 4.13.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Planet Labs PBC [NYSE:PL] is 2.11. As well, the Quick Ratio is 2.11, while the Cash Ratio is 0.83. Considering the valuation of this stock, the price to sales ratio is 4.91, the price to book ratio is 2.70.
