Planet Labs PBC Stock watching
On October 10, 2026, Barclays upgraded Planet Labs PBC (NYSE: PL) to a "Hold" rating, aligning with the broader Wall Street consensus and an average price target of $31.56. The revision follows Planet Labs' second--quarter fiscal 2027 results, where the company generated record revenue of $116.05 million—marking a 58.2% year--over--year increase—and reported earnings of $0.02 per share, surpassing consensus estimates of $104.53 million and an anticipated $0.02 loss per share. While shares traded around $17.19 following prior downward pressure, the rating adjustment reflects stabilizing fundamentals and sustained commercial momentum across its satellite data business.