Planet Labs PBC (NYSE: PL) Emerges As Guiding Light For Investors

Planet Labs PBC (NYSE:PL) currently has a daily average trading volume of 3.92M but it saw 2734856 shares traded in last market. With a market cap of 1.12B USD, the company’s current market price of $3.71 came falling about -3.89 while comparing to the previous closing price of $3.86. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.71 and as low as $1.73.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Goldman which downgraded the stock as “Neutral” in its note to investors issued on April 11, 2025, recommending a price target of $3.50 for it. Craig Hallum upgraded its recommendation for the stock as a “Buy” from “Hold” on January 30, 2025 while assigning a price target of $7. Cantor Fitzgerald issued its recommendations for the stock as it initiated the price target for the stock is $6.30.

Over the week, PL’s stock price is moving -4.63% down while it is 22.04% when we observe its performance for the past one month. Year-to-date it is -8.17% down and over the past year, the stock is showing an upside performance of 89.29%.

Currently, Planet Labs PBC’s total number of outstanding shares is 278.94M with 4.05% of that held by the insiders while 58.66% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -27.15% and return on equity (ROE) at -25.68%. Stock’s beta reads 1.59. Stock has a price to book (P/B) ratio of 2.52 while price to sale or P/S ratio amounts to 4.59. Its return on asset (ROA) is -18.45% on average.