Weekly Research Analysts’ Ratings Updates for Planet Labs PBC (PL)

Planet Labs PBC (NYSE: PL) recently received a number of ratings updates from brokerages and research firms:

• 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+)”.
• 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.

Insider Transactions at Planet Labs PBC

In related news, CFO Ashley F. Johnson sold 200,000 shares of Planet Labs PBC stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $35.10, for a total value of $7,020,000.00. Following the transaction, the chief financial officer owned 1,895,162 shares of the company’s stock, valued at approximately $66,520,186.20. This trade represents a 9.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Robert H. Schingler sold 73,683 shares of Planet Labs PBC 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 completion of the transaction, the insider directly owned 256,488 shares in the company, valued at $8,995,034.16. This represents a 22.32% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 16.42% of the company’s stock.

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.