Planet Labs PBC (PL) – Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Planet Labs PBC (NYSE: PL) in the last few weeks:

• 6/15/2026 – Planet Labs PBC was upgraded by Weiss Ratings from “sell (e+)” to “sell (d-)”.
• 6/15/2026 – Planet Labs PBC had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $36.00 price target on the stock.
• 6/11/2026 – Planet Labs PBC had its “neutral” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $22.00 price target on the stock.
• 6/5/2026 – Planet Labs PBC had its price target raised by Craig Hallum from $36.00 to $49.00. They now have a “buy” rating on the stock.
• 6/5/2026 – Planet Labs PBC was given a new $50.00 price target by Northland Securities.
• 6/5/2026 – Planet Labs PBC had its “outperform” rating reaffirmed by Wedbush. They now have a $50.00 price target on the stock.
• 6/5/2026 – Planet Labs PBC had its price target raised by Needham & Company LLC from $40.00 to $53.00. They now have a “buy” rating on the stock.
• 6/1/2026 – Planet Labs PBC was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
• 5/19/2026 – Planet Labs PBC was downgraded by Zacks Research from “hold” to “strong sell”.
• 5/18/2026 – Planet Labs PBC was upgraded by Weiss Ratings from “sell (e+)” to “sell (d-)”.
• 5/14/2026 – Planet Labs PBC had its price target raised by Wedbush from $40.00 to $50.00. They now have an “outperform” rating on the stock.
• 5/13/2026 – Planet Labs PBC is now covered by New Street Research. They set a “sell” rating and a $28.00 price target on the stock.
• 5/13/2026 – Planet Labs PBC was upgraded by New Street Research to “strong sell”.
• 5/4/2026 – Planet Labs PBC was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.

Insider Buying and Selling at Planet Labs PBC

In other Planet Labs PBC news, insider Robert H. Schingler sold 73,683 shares of the business’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $35.07, for a total transaction of $2,584,062.81. Following the completion of the sale, the insider directly owned 256,488 shares in the company, valued at $8,995,034.16. The trade was a 22.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ashley F. Johnson sold 200,000 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $35.10, for a total transaction of $7,020,000.00. Following the completion of the transaction, the chief financial officer owned 1,895,162 shares in the company, valued at $66,520,186.20. The trade was a 9.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 16.42% of the stock is owned by corporate insiders.

Planet Labs PBC is a public benefit corporation that operates one of the largest fleets of Earth-imaging satellites, providing high-frequency, high-resolution imagery and data analytics to a broad range of industries. The company’s multi-spectral satellite constellation captures daily snapshots of the planet, enabling clients to monitor changes in agriculture, forestry, urban development, energy infrastructure and environmental conditions. Planet’s imagery platform is designed to support timely decision-making by transforming raw satellite data into actionable insights for business and government users.

Founded in 2010 by former NASA scientists Will Marshall, Robbie Schingler and Chris Boshuizen, Planet Labs grew from a small startup into a key provider in the satellite imaging sector.