Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Planet Labs PBC ( (PL) ) has issued an update.
On May 28, 2025, Niccolo de Masi and J. Heidi Roizen announced their resignations from the board of directors of Planet Labs PBC, effective after the company’s 2025 Annual Meeting of Stockholders. Their departures were not due to any disagreements with the company. Following these resignations, the board decided to reduce its size to eight members, effective immediately after the 2025 Annual Meeting.
The most recent analyst rating on (PL) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Planet Labs PBC stock, see the PL Stock Forecast page.
Spark’s Take on PL Stock
According to Spark, TipRanks’ AI Analyst, PL is a Neutral.
Planet Labs PBC shows strong revenue growth and positive developments with major contracts, as highlighted in their earnings call. However, the company’s persistent losses, negative cash flows, and bearish technical indicators present significant challenges. The negative P/E ratio further emphasizes the need for operational improvements. Despite the positive outlook, these financial and technical challenges weigh heavily on the overall stock score.
To see Spark’s full report on PL stock, click here.
More about Planet Labs PBC
Average Trading Volume: 3,940,140
Technical Sentiment Signal: Buy
Current Market Cap: $1.2B
Learn more about PL stock on TipRanks’ Stock Analysis page.