Planet Labs PBC (PL) concluded trading on Thursday at a closing price of $3.35, with 3.79 million shares of worth about $12.69 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 46.93% during that period and on April 24, 2025 the price saw a gain of about 7.72%. Currently the company’s common shares owned by public are about 278.94M shares, out of which, 202.07M shares are available for trading.
Stock saw a price change of 5.02% in past 5 days and over the past one month there was a price change of -16.04%. Year-to-date (YTD), PL shares are showing a performance of -17.08% which increased to 92.53% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.67 but also hit the highest price of $6.71 during that period. The average intraday trading volume for Planet Labs PBC shares is 5.71 million. The stock is currently trading 1.78% above its 20-day simple moving average (SMA20), while that difference is down -17.10% for SMA50 and it goes to 0.30% higher than SMA200.
Planet Labs PBC (NYSE: PL) currently have 278.94M outstanding shares and institutions hold larger chunk of about 31.65% of that.
The stock has a current market capitalization of $1.01B and its 3Y-monthly beta is at 1.57. It has posted earnings per share of -$0.42 in the same period. It has Quick Ratio of 2.11 while making debt-to-equity ratio of 0.05. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PL, volatility over the week remained 6.62% while standing at 9.31% over the month.
Analysts are in expectations that Planet Labs PBC (PL) stock would likely to be making an EPS of -0.03 in the current quarter, while forecast for next quarter EPS is -0.04 and it is -0.11 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.04 which is -0.03 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.05 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 24.15% while it is estimated to increase by 9.89% in next year. EPS is likely to grow at an annualized rate of 38.39% for next 5-years, compared to annual growth of 31.85% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on April 11, 2025 offering a Neutral rating for the stock and assigned a target price of $3.50 to it. Coverage by Craig Hallum stated Planet Labs PBC (PL) stock as a Buy in their note to investors on January 30, 2025, suggesting a price target of $7 for the stock. On January 24, 2025, Cantor Fitzgerald Initiated their recommendations, while on September 06, 2024, Needham Reiterated their ratings for the stock with a price target of $5. Stock get a Hold rating from Craig Hallum on December 08, 2023.
