Planet Labs PBC (PL) concluded trading on Wednesday at a closing price of $3.99, with 5.28 million shares of worth about $21.05 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 20.18% during that period and on Wednesday the price saw a gain of about 0.50%. Currently the company’s common shares owned by public are about 278.94M shares, out of which, 208.44M shares are available for trading.
Stock saw a price change of 3.37% in past 5 days and over the past one month there was a price change of 17.01%. Year-to-date (YTD), PL shares are showing a performance of -1.24% which increased to 114.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.73 but also hit the highest price of $6.71 during that period. The average intraday trading volume for Planet Labs PBC shares is 3.92 million. The stock is currently trading 8.26% above its 20-day simple moving average (SMA20), while that difference is up 12.04% for SMA50 and it goes to 13.76% higher than SMA200.
Planet Labs PBC (NYSE: PL) currently have 278.94M outstanding shares and institutions hold larger chunk of about 33.95% of that.
The stock has a current market capitalization of $1.21B and its 3Y-monthly beta is at 1.63. 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 3.87% while standing at 2.99% over the month.
Stock’s fiscal year EPS is expected to rise by 22.93% while it is estimated to increase by 8.83% 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.
