Planet Labs PBC (PL) – Investment Analysts’ Recent Ratings Changes

Several analysts have recently updated their ratings and price targets for Planet Labs PBC (NYSE: PL):

• 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+)”.
• 4/21/2026 – Planet Labs PBC had its “sell (d-)” rating reaffirmed by Weiss Ratings.
• 4/20/2026 – Planet Labs PBC had its price target raised by The Goldman Sachs Group, Inc. from $18.00 to $20.00. They now have a “neutral” rating on the stock.
• 4/2/2026 – Planet Labs PBC had its price target raised by Citigroup Inc. from $30.00 to $35.00. They now have a “buy” rating on the stock.
• 3/27/2026 – Planet Labs PBC was given a new $38.00 price target by Deutsche Bank Aktiengesellschaft. They now have a “buy” rating on the stock.
• 3/25/2026 – Planet Labs PBC had its price target raised by Morgan Stanley from $26.00 to $35.00. They now have an “equal weight” rating on the stock.

Insider Activity

In related news, insider Robert H. Schingler sold 73,683 shares of the firm’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $35.07, for a total value of $2,584,062.81. Following the transaction, the insider owned 256,488 shares in the company, valued at $8,995,034.16. This trade represents a 22.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ashley F. Johnson sold 200,000 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $35.10, for a total value 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 approximately $66,520,186.20. This represents a 9.55% decrease in their position. The disclosure for this sale is available in the SEC filing. 17.53% of the stock is owned by company 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.