Wedbush Estimates Planet Labs PBC FY2025 Earnings

Planet Labs PBC (NYSE:PL) – Equities researchers at Wedbush issued their FY2025 EPS estimates for Planet Labs PBC in a report released on Tuesday, December 10th. Wedbush analyst D. Ives anticipates that the company will post earnings of ($0.37) per share for the year. 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 analysts have also issued reports on the stock. Needham & Company LLC reiterated a “buy” rating and set a $5.00 target price on shares of Planet Labs PBC in a research report on Tuesday, December 10th. Craig Hallum upped their price objective on Planet Labs PBC from $2.50 to $3.50 and gave the stock a “hold” rating in a report on Tuesday, December 10th. The Goldman Sachs Group lowered their target price on Planet Labs PBC from $3.50 to $3.10 and set a “buy” rating for the company in a research note on Tuesday, September 10th. Finally, 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 note on Monday, December 9th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $4.14.

Planet Labs PBC Stock Performance

Shares of PL opened at $4.01 on Friday. The stock has a fifty day moving average price of $2.96 and a two-hundred day moving average price of $2.43. The company has a market cap of $1.19 billion, a price-to-earnings ratio of -9.78 and a beta of 1.34. Planet Labs PBC has a 52-week low of $1.67 and a 52-week high of $4.99.

Hedge Funds Weigh In On Planet Labs PBC

Institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC boosted 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 purchasing an additional 689,888 shares in the last quarter. State Street Corp raised its stake in Planet Labs PBC by 5.7% during the 3rd quarter. State Street Corp now owns 4,272,633 shares of the company’s stock worth $9,528,000 after buying an additional 230,076 shares during the period. ArrowMark Colorado Holdings LLC lifted its holdings in 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 acquiring an additional 400,000 shares in the last quarter. Franklin Resources Inc. grew its stake in Planet Labs PBC by 4.1% in the third quarter. Franklin Resources Inc. now owns 1,808,487 shares of the company’s stock valued at $4,105,000 after acquiring an additional 71,719 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in Planet Labs PBC by 13.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,732,546 shares of the company’s stock valued at $3,864,000 after acquiring an additional 201,084 shares during the period. 41.71% of the stock is currently owned by institutional investors and hedge funds.

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.