Berenberg reiterates USD 25.00 target for Planet Labs stock

Published on 10/24/2026 at 19:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 58.00 percent to USD 116.10 million. Planet Labs stock costs EUR 11.95 on October 24, 2026 at 1:04 p.m. CEST.

Analyst target and quarterly growth

Berenberg reiterated a USD 25.00 target for Planet Labs on October 20, 2026.
Fiscal second-quarter revenue reached USD 116.10 million, up 58.00 percent year over year.
Planet Labs stock was at EUR 11.95 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.
Planet Labs had a USD 4.6 billion market capitalization as of October 23, 2026.

PL, US72703X1063, Illustration mit AI erstellt.

Planet Labs (ISIN US72703X1063) has a USD 25.00 price target from Berenberg, while fiscal second-quarter revenue reached USD 116.10 million. Investing.com reported on October 20, 2026 that Berenberg reiterated its Buy rating and USD 25.00 target. Planet Labs was trading at EUR 11.95 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.

Revenue growth remains the anchor

For fiscal second quarter 2027, revenue increased 58.00 percent year over year to USD 116.10 million, according to Investing.com. The same report said adjusted earnings were USD 0.02 per share, compared with a forecast loss of USD 0.02 per share. That combination gives the analyst target a measurable operating backdrop rather than a purely technical argument.

Nasdaq range frames the stock

Planet Labs last traded at USD 13.41 on the Nasdaq on October 23, 2026 at 4:00 p.m. ET. The quote was up 2.52 percent on that exchange during the session, while the 52-week range stood at USD 10.52 to USD 51.76. The euro quotation and the Nasdaq quotation are separate market observations and are not combined into one daily move.

The current Nasdaq price places the USD 25.00 Berenberg target 86.43 percent above the stock. The calculation uses the USD 13.41 Nasdaq price and the USD 25.00 target. Berenberg linked its view to satellite-services renewals, sovereign and defense demand, and commercial applications using artificial intelligence, as reported by Investing.com.

Market value and business model

Planet Labs had a USD 4.6 billion market capitalization as of October 23, 2026. Its trailing price-to-earnings ratio was minus 12.19, reflecting the companys loss-making position. Planet says it operates a fleet of more than 200 Earth-imaging satellites and sells daily geospatial data to commercial and government customers through its online platform, according to its investor-relations page.

Planet Labs stock stays data-sensitive

The contrast is clear: fiscal second-quarter revenue growth was 58.00 percent, yet the negative trailing earnings ratio keeps profitability central to the valuation discussion. The next material update will need to show whether revenue expansion continues to translate into stronger earnings.

The further course of trading is shown by the continuously updated real-time quote of Planet Labs stock.