Planet Labs PBC (NYSE:PL) has a beta value of 1.53 and has seen 0.46 million shares traded in the recent trading session. The company, currently valued at $914.31M, closed the recent trade at $3.03 per share which meant it lost -$0.2 on the day or -6.35% during that session. The PL stock price is -121.45% off its 52-week high price of $6.71 and 44.88% above the 52-week low of $1.67. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.74 million shares traded. The 3-month trading volume is 5.89 million shares.
The consensus among analysts is that Planet Labs PBC (PL) is Buy stock at the moment, with a recommendation rating of 1.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 7 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.03.
Planet Labs PBC (NYSE:PL) trade information
Sporting -6.35% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the PL stock price touched $3.03 or saw a rise of 9.01%. Year-to-date, Planet Labs PBC shares have moved -25.12%, while the 5-day performance has seen it change -4.57%. Over the past 30 days, the shares of Planet Labs PBC (NYSE:PL) have changed -28.66%. Short interest in the company has seen 8.01 million shares shorted with days to cover at 1.75.
Wall Street analysts have a consensus price target for the stock at $6.3, which means that the shares’ value could jump 51.9% from the levels at last check today.. The projected low price target is $6.3 while the price target rests at a high of $6.3. In that case, then, we find that the latest price level in today’s session is -107.92% off the targeted high while a plunge would see the stock gain -107.92% from the levels at last check today..
Planet Labs PBC (PL) estimates and forecasts
The company’s shares have gained 28.72% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 10.73%.
10 analysts offering their estimates for the company have set an average revenue estimate of 62.25M for the current quarter. 10 have an estimated revenue figure of 65.36M for the next ending quarter. Year-ago sales stood 60.44M and 61.09M respectively for this quarter and the next, and analysts expect sales will grow by 2.99% for the current quarter and 10.73% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 31.85% over the past 5 years. Earnings growth for 2025 is a modest 24.15% while over the next 5 years, the company’s earnings are expected to increase by 38.39%.
PL Dividends
Planet Labs PBC is expected to release its next earnings report on 2025-Mar-19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Planet Labs PBC (NYSE:PL)’s Major holders
Insiders own 4.05% of the company shares, while shares held by institutions stand at 57.85% with a share float percentage of 60.29%. Investors are also buoyed by the number of investors in a company, with Planet Labs PBC having a total of 272.0 institutions that hold shares in the company. The top two institutional holders are ALPHABET INC. with over 31.94 million shares worth more than $59.41 million. As of 2024-06-30, ALPHABET INC. held 11.0009% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 14.71 million shares as of 2024-06-30. The firm’s total holdings are worth over $27.36 million and represent 5.1027% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . As of Dec 31, 2024 , the former fund manager holds about 2.27% shares in the company for having 6.39 shares of worth $19.2 million while later fund manager owns 5.8 shares of worth $17.44 million as of Mar 31, 2025 , which makes it owner of about 2.07% of company’s outstanding stock.
