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Craig-Hallum Sticks to Their Buy Rating for Planet Labs PBC (PL)

Tipranks - Tipranks - Sat Jun 6, 1:00PM CDT

In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on Planet Labs PBC, with a price target of $49.00.

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Van Rhee covers the Technology sector, focusing on stocks such as Frequency Electronics, Cellebrite DI, and Fastly. According to TipRanks, Van Rhee has an average return of 27.6% and a 51.79% success rate on recommended stocks.

In a report released today, Wedbush also maintained a Buy rating on the stock with a $50.00 price target.

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Based on Planet Labs PBC’s latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $94.15 million and a GAAP net loss of $138.87 million. In comparison, last year the company earned a revenue of $66.27 million and had a GAAP net loss of $12.63 million

Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PL in relation to earlier this year. Most recently, in April 2026, Ashley Johnson, the President & CFO of PL sold 200,000.00 shares for a total of $7,019,813.80.

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