Research Analysts Set Expectations for Planet Labs PBC’s Q1 2026 Earnings (NYSE:PL)

Planet Labs PBC (NYSE:PLFree Report) – Equities research analysts at Wedbush issued their Q1 2026 earnings per share (EPS) estimates for Planet Labs PBC in a research report issued to clients and investors on Monday, April 1st. Wedbush analyst D. Ives forecasts that the company will post earnings per share of ($0.06) for the quarter. The consensus estimate for Planet Labs PBC’s current full-year earnings is ($0.46) per share. Wedbush also issued estimates for Planet Labs PBC’s Q2 2026 earnings at ($0.03) EPS, Q3 2026 earnings at ($0.03) EPS and Q4 2026 earnings at ($0.03) EPS.

Several other brokerages also recently weighed in on PL. Craig Hallum downgraded Planet Labs PBC from a “buy” rating to a “hold” rating and set a $3.00 price target for the company. in a report on Friday, December 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $7.00 target price on shares of Planet Labs PBC in a report on Monday. JMP Securities decreased their target price on Planet Labs PBC from $5.50 to $4.00 and set a “market outperform” rating for the company in a report on Monday. Finally, Benchmark decreased their target price on Planet Labs PBC from $5.00 to $4.00 and set a “buy” rating for the company in a report on Tuesday. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $5.49.

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Planet Labs PBC Price Performance

Shares of NYSE PL opened at $2.16 on Wednesday. The business has a 50-day simple moving average of $2.27 and a two-hundred day simple moving average of $2.34. Planet Labs PBC has a fifty-two week low of $1.99 and a fifty-two week high of $5.00.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Xponance Inc. purchased a new position in Planet Labs PBC during the fourth quarter valued at approximately $25,000. Navalign LLC purchased a new stake in shares of Planet Labs PBC in the fourth quarter valued at approximately $28,000. Bleakley Financial Group LLC purchased a new stake in shares of Planet Labs PBC in the fourth quarter valued at approximately $28,000. Simplicity Solutions LLC purchased a new stake in shares of Planet Labs PBC in the fourth quarter valued at approximately $28,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Planet Labs PBC in the fourth quarter valued at approximately $34,000. 41.71% of the stock is currently owned by hedge funds and other institutional investors.

Planet Labs PBC Company Profile

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Planet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company offers planet monitoring, basemap, tasking, apps, variables, hyperspectral, analytic feeds, and platform, as well as planet professional services including launch program, architectural workshop, planet training, integration and data services, and quick start services; and technical support services, which includes planet help center, developer resource center, and planet community and university.

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Earnings History and Estimates for Planet Labs PBC (NYSE:PL)

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