Clear Street Lifts Planet Labs (PL) Price Target, Maintains Buy Rating

1 week ago 9

Omer Farooq

Wed, December 10, 2025 astatine 10:21 AM CST 2 min read

Planet Labs (NYSE:PL) is 1 of the precocious abbreviated involvement stocks to bargain close now. On December 4, Clear Street expert Greg Pendy raised the firm’s terms people connected Planet Labs to $14 from $12 and kept a Buy standing connected the shares. The steadfast accrued its gross projection for Planet Labs for FY2028 to $445 million, up from a erstwhile estimation of $422 million. In anticipation of the company's FQ3 2026 net report, Clear Street is applying a higher valuation aggregate to this raised projection.

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In different news, connected November 18, Planet Labs Germany GmbH, which is simply a portion of Planet Labs, announced a concern focused connected jointly soliciting lawsuit involvement for AI-enabled 'Tip & Cue' quality solutions, specifically targeting defence customers wrong Europe. This collaboration aims to heighten ratio by merging Planet's wide-area outer alteration detection and Very High Resolution/VHR tasking with Quantum Systems' high-precision reconnaissance solutions.

The superior nonsubjective of the associated solutions is to enactment European defence priorities by utilizing the companies' existing European footprints to code the urgent request for complementary, action-oriented intelligence. The extremity is to determination beyond elemental information transportation and supply factual operational value, with the eventual intent of helping European nations unafraid bid and stability. Both companies person already been captious supporters of Ukraine's defence efforts.

Planet Labs (NYSE:PL) designs, constructs, and launches constellations of satellites with the intent of providing precocious cadence geospatial information delivered to customers done an online level successful the US and internationally.

While we admit the imaginable of PL arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.