Planet Labs (PL, Financial) is on the brink of releasing its Q1 financial results post-market on June 4th. Analysts forecast an EPS of -$0.03, a notable 40% improvement year-over-year, alongside a revenue projection of $62.25 million, indicating a modest 3% rise. Historically, the company has consistently surpassed EPS expectations, though revenue predictions have shown mixed accuracy.
Key Takeaways
- Planet Labs' upcoming Q1 financial report is slated for June 4th.
- Analyst consensus projects a year-over-year EPS improvement of 40%.
- Revenue is anticipated to grow by 3%, reaching $62.25 million.
Wall Street Analysts Forecast
Analysts have set a one-year price target range for Planet Labs PBC (PL, Financial), with an average target price of $5.53. This includes a high estimate of $8.00 and a low estimate of $3.50. The average target suggests a substantial upside of 43.94% from the current share price of $3.84. For more detailed forecast data, visit the Planet Labs PBC (PL) Forecast page.
From the consensus of 11 brokerage firms, Planet Labs PBC (PL, Financial) holds an average recommendation rating of 2.0, categorizing it as "Outperform." This rating scale spans from 1 to 5, with 1 representing a Strong Buy and 5 indicating a Sell.
According to GuruFocus' proprietary metrics, the projected GF Value for Planet Labs PBC (PL, Financial) in a year's time stands at $3.33. This estimate implies a downside of 13.28% from the current price of $3.84. The GF Value is an assessment of the fair value for the stock, derived from historical trading multiples, historical business growth, and future business performance estimates. Additional data is available on the Planet Labs PBC (PL) Summary page.
