In recent trading session, Planet Labs PBC (NYSE:PL) saw 1.56 million shares changing hands at last check today with its beta currently measuring 1.41. Company’s recent per share price level of $5.86 trading at $0.04 or 0.64% at last check today assigns it a market valuation of $1.75B. That most recent trading price of PL’s stock is at a discount of -6.66% from its 52-week high price of $6.25 and is indicating a premium of 71.5% from its 52-week low price of $1.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.43 million shares which gives us an average trading volume of 5.54 million if we extend that period to 3-months.

For Planet Labs PBC (PL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.18. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.02 in the current quarter.

Planet Labs PBC (NYSE:PL) trade information

Upright in the green today for gaining 0.64%, in the last five days PL remained trading in the green while hitting it’s week-highest on Thursday, 01/30/25 when the stock touched $5.86 price level, adding 6.24% to its value on the day. Planet Labs PBC’s shares saw a change of 44.98% in year-to-date performance and have moved 7.67% in past 5-day. Planet Labs PBC (NYSE:PL) showed a performance of 39.12% in past 30-days. Number of shares sold short was 5.29 million shares which calculate 1.67 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 5.65 to the stock, which implies a fall of -3.72% to its recent value today. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 6.3. It follows that stock’s current price would jump 14.68% in reaching the projected high whereas dropping to the targeted low would mean a gain of 14.68% for stock’s current value.

Planet Labs PBC (PL) estimates and forecasts

Statistics highlight that Planet Labs PBC is scoring comparatively higher than the scores of other players of the relevant industry. The company added 130.59% of value to its shares in past 6 months, showing an annual growth rate of 70.00% while that of industry is 26.30. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to rise 10.85% from the last financial year’s standing.

10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 61.87M for the same. And 9 analysts are in estimates of company making revenue of 64.73M in the next quarter. Company posted 58.85M and 60.44M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 35.30% during past 5 years.

Planet Labs PBC (NYSE:PL)’s Major holders

Insiders are in possession of 2.73% of company’s total shares while institution are holding 54.50 percent of that, with stock having share float percentage of 56.03%. Investors also watch the number of corporate investors in a company very closely, which is 54.50% institutions for Planet Labs PBC that are currently holding shares of the company. ALPHABET INC. is the top institutional holder at PL for having 31.94 million shares of worth $59.41 million. And as of 2024-06-30, it was holding 11.0809 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 14.71 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.1027 of outstanding shares, having a total worth of $27.36 million.

On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 6.39 shares of worth $37.92 million or 2.30% of the total outstanding shares. The later fund manager was in possession of 5.93 shares on Nov 30, 2024, making its stake of worth around $35.2 million in the company or a holder of 2.13% of company’s stock.