Planet Labs PBC Stock watching
On September 11, 2026, Needham & Company increased its price target for Planet Labs PBC (NYSE: PL) to $35.00 from $28.00, reiterating a "Buy" rating. The firm cited the company's achievement of its first--ever positive Adjusted EBITDA and the successful technical validation of the Pelican constellation as pivotal milestones for the business. Analysts also highlighted the strategic value of the Microsoft partnership and the upcoming leadership transition, noting that the appointment of Sarah Jenkins as CFO on October 1, 2026, is expected to further bolster operational discipline and financial scaling.