Planet Labs
About: 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.
Employees: 1,180
0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
76% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 33
28% more capital invested
Capital invested by funds: $215M [Q2] → $275M (+$59.8M) [Q3]
20% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]
2.36% more ownership
Funds ownership: 42.9% [Q2] → 45.26% (+2.36%) [Q3]
2% less funds holding
Funds holding: 164 [Q2] → 161 (-3) [Q3]
11% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 27
52% less call options, than puts
Call options by funds: $996K | Put options by funds: $2.09M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$2.50
40%
downside
Avg. target
$3.77
10%
downside
High target
$5
20%
upside
6 analyst ratings
5 positive
83%
1 neutral
17%
0 negative
0%
JMP Securities Trevor Walsh 92% 1-year accuracy 49 / 53 met price target | 4%downside $4 | Market Outperform Reiterated | 26 Sept 2024 |
JMP Securities Trevor Walsh 92% 1-year accuracy 49 / 53 met price target | 4%downside $4 | Market Outperform Reiterated | 20 Sept 2024 |
Goldman Sachs Noah Poponak 79% 1-year accuracy 15 / 19 met price target | 26%downside $3.10 | Buy Maintained | 10 Sept 2024 |
JMP Securities Trevor Walsh 92% 1-year accuracy 49 / 53 met price target | 4%downside $4 | Market Outperform Reiterated | 6 Sept 2024 |
Craig-Hallum Jeff Van Rhee 100% 1-year accuracy 8 / 8 met price target | 40%downside $2.50 | Hold Maintained | 6 Sept 2024 |
Financial journalist opinion
Based on 15 articles about PL published over the past 30 days
Positive
Seeking Alpha
19 hours ago
From Data To Dollars In Planet Labs' Expanding Universe
Micro to mid-cap tech stocks, including Planet Labs, are seeing significant gains, but it's crucial to assess if fundamentals support these increases. Planet Labs shows promising revenue growth and strategic partnerships, particularly in the carbon credit market, but profitability remains a challenge. Despite mixed earnings and high expenses, Planet Labs' strong gross profit margins and low debt-to-capital ratio indicate potential long-term viability.
Negative
The Motley Fool
20 hours ago
Why Planet Labs Stock Dropped 3% This Morning
Planet Labs (PL -0.91%) stock slipped 3% through 9:50 a.m. ET Wednesday on what investors would ordinarily consider good news: another contract announcement.
Neutral
Business Wire
23 hours ago
Using Planet Satellite Data, the Antinarcotics Directorate of the Colombian National Police (DIRAN) Work to Eradicate Illicit Crops
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that they have expanded their contract with Colombia's National Police. Leveraging Planet's satellite data, the Colombian National Police monitors and works to eradicate illicit crop growth and harvest in near-real time. This contract specifically supports the Antinarcotics Directorate of the Colombian National Police (DIRAN). DIRAN uses aerial intelligence info.
Positive
Green Stock News
1 day ago
Green Stock News for December 3, 2024: $PL $JOBY $HIVE $EOSE
Welcome to the green stock news brief for Tuesday, December 3rd. Here are today's top headlines: Planet Labs (NYSE: PL) has signed a multi-year, seven-figure deal with Laconic to provide high-resolution Forest Carbon Monitoring data for carbon market insights.
Positive
The Motley Fool
2 days ago
Why Planet Labs Stock Popped Again Today
Earth observation satellite operator Planet Labs (PL 9.
Neutral
Business Wire
2 days ago
Planet Partners with Laconic to Deliver AI-Powered Forest Carbon Insights, Aiming to Enable Informed Carbon Credit Trading
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that they have signed a multi-year, seven-figure deal with Laconic, a company leading a global shift in climate finance, empowering governments to monetize natural carbon assets through its Sovereign Carbon securitization platform. For the next three years, Laconic will be receiving both Planet's 3 meter Forest Carbon Monitoring product and its 30 meter Forest C.
Neutral
Business Wire
1 week ago
Robert Cardillo, Chief Strategist and Chairman of Planet Federal, to Present at Goldman Sachs Investor Conference
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that Robert Cardillo, Chief Strategist and Chairman of the Board of Planet Federal, will participate in a fireside chat at the Goldman Sachs Industrials & Materials Conference on December 5th, 2024, at 9:20 a.m. Eastern Time. The discussion will be hosted by Noah Poponak, Managing Director and U.S. Aerospace & Defense Equity Research Analyst at Goldman S.
Neutral
The Motley Fool
1 week ago
Why Planet Labs Stock Was Aggressively Defying Gravity This Week
Why Planet Labs Stock Was Aggressively Defying Gravity This Week
Positive
The Motley Fool
1 week ago
Why Planet Labs Stock Was Up 8% Today
Why Planet Labs Stock Was Up 8% Today
Neutral
Business Wire
2 weeks ago
Planet and Global Fishing Watch Expand Collaboration for Ocean Transparency and Accountability
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced a new contract with Global Fishing Watch, an international nonprofit dedicated to advancing ocean governance through increased transparency of human activity at sea. The 6-figure deal is an expansion of the organization's ongoing agreement with Planet, and will allow Global Fishing Watch to fully leverage PlanetScope data and Machine Learning (ML) to improve oce.
Charts implemented using Lightweight Charts™