| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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In the latest quarter, 6 analysts provided ratings for Planet Labs (NYSE:PL), showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 1 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 4 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Planet Labs, presenting an average target of $5.02, a high estimate of $7.00, and a low estimate of $3.90. Marking an increase of 1.41%, the current average surpasses the previous average price target of $4.95.
An in-depth analysis of recent analyst actions unveils how financial experts perceive Planet Labs. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Ryan Koontz | Needham | Maintains | Buy | $7.00 | - |
| Noah Poponak | Goldman Sachs | Lowers | Buy | $4.20 | $4.80 |
| Jason Gursky | Citigroup | Lowers | Buy | $3.90 | $4.50 |
| Josh Sullivan | Benchmark | Lowers | Buy | $4.00 | $5.00 |
| Trevor Walsh | JMP Securities | Lowers | Market Outperform | $4.00 | $5.50 |
| Ryan Koontz | Needham | Maintains | Buy | $7.00 | - |
For valuable insights into Planet Labs's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Planet Labs analyst ratings.
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Planet Labs PBC is an Earth-imaging company. The company provides daily satellite data that helps businesses, governments, researchers, and journalists understand the physical world and take action.
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Planet Labs's revenue growth over a period of 3 months has been noteworthy. As of 31 January, 2024, the company achieved a revenue growth rate of approximately 11.09%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Planet Labs's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -51.12%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Planet Labs's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -5.72%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Planet Labs's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -4.25%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.05.
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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