Wedbush Forecasts Planet Labs PBC FY2025 Earnings

Planet Labs PBC (NYSE:PL) – Equities researchers at Wedbush issued their FY2025 earnings estimates for shares of Planet Labs PBC in a research note issued to investors on Tuesday, December 10th. Wedbush analyst D. Ives anticipates that the company will post earnings per share of ($0.37) for the year. Wedbush currently 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.

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

Planet Labs PBC Price Performance

Shares of PL stock opened at $3.91 on Friday. The company’s fifty day simple moving average is $2.92 and its two-hundred day simple moving average is $2.41. Planet Labs PBC has a 1 year low of $1.67 and a 1 year high of $4.99.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. The Manufacturers Life Insurance Company grew its position in Planet Labs PBC by 8.1% in the second quarter. The Manufacturers Life Insurance Company now owns 71,850 shares of the company’s stock worth $134,000 after acquiring an additional 5,395 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in Planet Labs PBC by 14.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 50,678 shares of the company’s stock worth $130,000 after acquiring an additional 6,215 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in Planet Labs PBC by 11.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 65,256 shares of the company’s stock worth $121,000 after acquiring an additional 6,910 shares in the last quarter. Vontobel Holding Ltd. grew its position in Planet Labs PBC by 81.5% in the third quarter. Vontobel Holding Ltd. now owns 22,270 shares of the company’s stock worth $50,000 after acquiring an additional 10,000 shares in the last quarter. Finally, Van ECK Associates Corp grew its position in Planet Labs PBC by 13.0% in the second quarter. Van ECK Associates Corp now owns 103,768 shares of the company’s stock worth $193,000 after acquiring an additional 11,951 shares in the last quarter. 41.71% of the stock is currently owned by hedge funds and other institutional investors.

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.