
Planet Labs (PL) Stock Forecast & Price Target
Planet Labs (PL) Analyst Ratings
Bulls say
Planet Labs PBC experienced significant financial growth, with total remaining performance obligations (RPO) increasing by 371% year-over-year to $672 million and current RPO (cRPO) rising by 86% to $222 million, largely attributed to recent contracts in the JSAT and Germany sectors. The company reported a substantial cash position of $678 million at the end of the third fiscal quarter of 2026, reflecting an increase from $278 million in the previous quarter, highlighting its robust liquidity and financial health. Total revenue also rose by 33% year-over-year to $81.3 million, surpassing both internal guidance and analyst expectations, driven primarily by a 72% increase in the Defense and Intelligence segment, which constitutes 61% of overall revenue, indicating strong demand and execution across global markets.
Bears say
Planet Labs PBC reported a total remaining performance obligation (RPO) of $672.5 million, reflecting a year-over-year increase of 361%, yet it experienced a quarter-over-quarter decrease of 3%, signaling potential weakening demand, particularly in the commercial sector. The company's free cash flow significantly declined to $0.9 million from $46.3 million in the prior period, raising concerns about its ability to balance capital expenditures while achieving positive cash flow generation. Additionally, extended sales cycles and slowing customer growth, attributed to hesitance or uncertainties regarding the value of geospatial data, underscore a challenging market environment that could hinder future revenue growth and product development.
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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