
Planet Labs (PL) Stock Forecast & Price Target
Planet Labs (PL) Analyst Ratings
Bulls say
Planet Labs PBC demonstrated significant financial growth, with total remaining performance obligations (RPO) increasing by 371% year-over-year to $672 million and current RPO (cRPO) rising 86% year-over-year to $222 million, particularly driven by recent contracts with JSAT and Germany. The company's total revenue reached $81.3 million in F3Q26, reflecting a 33% year-over-year increase, surpassing both internal guidance and market estimates due to strong performance in its data subscription, solutions, and satellite services segments. Additionally, the solid cash position of $678 million at the end of F3Q26, up from $278 million in the previous quarter, underscores Planet Labs' financial stability and capacity to capitalize on expanding opportunities in a rapidly evolving market.
Bears say
Planet Labs PBC has reported a significant year-over-year increase in total Remaining Performance Obligations (RPO) of 361%, reaching $672.5 million; however, this figure reflects a quarterly decline of 3%, indicating potential stagnation in growth. Furthermore, free cash flow drastically decreased to $0.9 million from $46.3 million in the previous period, suggesting challenges in achieving positive cash flow and efficient growth amidst rising capital expenditures. The company faces prolonged sales cycles and slowed customer growth due to unclear value propositions surrounding geospatial data, particularly in new verticals, which may hinder future revenue generation and product development initiatives.
This aggregate rating is based on analysts' research of Planet Labs and is not a guaranteed prediction by Public.com or investment advice.
Planet Labs (PL) Analyst Forecast & Price Prediction
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