In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Hold rating on Planet Labs PBC (PL – Research Report). The company’s shares closed last Thursday at $2.55.
According to TipRanks, Van Rhee is a 4-star analyst with an average return of 8.4% and a 46.67% success rate. Van Rhee covers the Technology sector, focusing on stocks such as Cellebrite DI, Rimini Street, and Liveperson.
Currently, the analyst consensus on Planet Labs PBC is a Moderate Buy with an average price target of $5.50.
Based on Planet Labs PBC’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $58.85 million and a GAAP net loss of $30.09 million. In comparison, last year the company earned a revenue of $52.98 million and had a GAAP net loss of $37.84 million
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Planet Labs PBC (PL) Company Description:
dMY Technology Group Inc IV is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
