5 Best American Defense Stocks To Buy According to Analysts

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1. Planet Labs PBC (NYSE:PL)

Average Analyst Share Price Target Upside: 119.56%

Average Analyst Share Price Target: $4.94

Planet Labs PBC (NYSE:PL) is a leading defense company that has provided planners and analysts with the ability to receive high definition, high frequency satellite footage of targets and defense sites all over the world. It’s been having a great time on the financial front by having beaten analyst EPS estimates in all four of its latest quarters.

During Q3 2023, nine out of the 910 hedge funds profiled by Insider Monkey had bought Planet Labs PBC (NYSE:PL)’s shares.

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Disclosure: None. You can also take a look at Cathie Wood’s Latest Stock Picks: 11 Biggest Positions and 12 Best Performing Cybersecurity Stocks.

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