11 Best Space Stocks to Buy Now

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5. Planet Labs PBC (NYSE:PL)

Number of Hedge Fund Holders: 50

Planet Labs PBC (NYSE:PL) is one of the best space stocks to buy now.

As of March 2, 2026, Planet Labs PBC had a consensus ‘Hold’ rating, based on 11 analysts, with 1 sell, 4 hold, and 6 buy ratings. The reported average 12-month price target was $21.88. That gives you the current consensus snapshot for the stock as of the report date.

After those consensus details, the latest individual analyst rating we found was Morgan Stanley’s January 14, 2026, update. The rating was maintained at Equal-Weight, and the price target was $26.00.

In other news, on January 26, 2026, The Fly reported that Planet Labs announced an enterprise-scale agreement with Slovenia’s surveying and mapping authority to provide satellite data and high-resolution tasking capabilities across the country’s civil public administration. The arrangement is aimed at giving Slovenian state and municipal agencies a shared spatial data resource for uses such as forest and crop monitoring, urban planning, and faster response to disasters, including wildfires, droughts, and floods.

Planet Labs PBC (NYSE:PL) is an Earth observation company that operates a large fleet of imaging satellites and sells satellite imagery and geospatial data products to government and commercial customers.

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