
Planet Labs (PL) Stock Forecast & Price Target
Planet Labs (PL) Analyst Ratings
Bulls say
Planet Labs PBC is projecting a revenue increase to $311 million in FY27, reflecting a 17% growth alongside an adjusted EBITDA of $19.2 million, indicating potential for improving profitability. The company anticipates a notable enhancement in its financial fundamentals through FY25 and FY26, driven by cost control measures and upcoming large contracts, including a significant $230 million agreement to expand its Pelican satellite constellation in the APAC region. This optimistic outlook is supported by expectations of accelerated growth and a favorable trajectory towards achieving a Rule of 40 score of approximately 30 by FY27.
Bears say
The analysis indicates a negative outlook on Planet Labs's stock due to several fundamental issues. Firstly, there are concerns regarding potential material headwinds in FY27 that may arise if the Environmental Observations Commercial Launch (EOCL) deal does not maintain its current levels. Additionally, the company faces significant risks, including extended sales cycles, customer growth slowdown resulting from uncertainties in the value of geospatial data, and various operational challenges such as supply constraints and customer concentration.
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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