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Planet Labs strong Q4 prompts price target raise from Wedbush

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Planet Labs shares jumped ~28% to about $34 after the company reported strong Q4 results and raised its fiscal 2027 guidance. Wedbush maintained an Outperform rating and raised its price target from $30 to $40, supporting the outsized rally.

Analysis

Planet Labs shares jumped ~28% to about $34 after the company reported strong Q4 results and raised its fiscal 2027 guidance. Wedbush maintained an Outperform rating and raised its price target from $30 to $40, supporting the outsized rally.

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strongly positive

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