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Planet Labs PBC (PL)

14.33 -0.16 (-1.10%)
At close: October 28 at 4:00:02 PM EDT
14.00 -0.33 (-2.30%)
Overnight: 11:37:17 PM EDT
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What's happening with PL?

42m ago
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Planet Labs reported fiscal second-quarter revenue of $116.1 million, up roughly 58% year over year, driven by defense and intelligence demand. Growth remains strong, but premium valuation, rising capital spending, weaker first-half free cash flow, and execution risks continue to pressure the investment case.

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  • Previous Close 14.49
  • Open 14.45
  • Bid 14.02 x 50000
  • Ask 14.30 x 220000
  • Day's Range 14.03 - 14.56
  • 52 Week Range 10.52 - 51.76
  • Volume 7,598,717
  • Avg. Volume 9,167,263
  • Market Cap (intraday) 5.214B
  • Beta (5Y Monthly) 2.17
  • PE Ratio (TTM) --
  • EPS (TTM) -1.09
  • Earnings Date Sep 3, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 30.27
  • Zacks Rating Neutral

Planet Labs PBC engages in the design, construction, and launch of constellations of satellites with the intent of providing high-cadence geospatial data delivered to customers through an online platform in the United States and internationally. The company offers SuperDove satellites to create an always-online scanner for the planet, with the goal of imaging the Earth every day at a ground sampling distance (GSD) resolution of up to 3.5 meters. This combines planet monitoring with other scientific-grade radiometric data from public satellite data programs; and SkySat and Pelican satellites to capture a specified location several times per day, achieving a GSD resolution of up to 50 centimeters after processing, powered by an application programming interface. It also provides Tanager, a hyperspectral imaging satellite that delivers full-spectrum imagery across the visible and shortwave infrared regions, and the Earth Observation platform, which enables customers and partners to access, analyze, and act on its proprietary data catalog by discovering image tasking capacity, relevant data layers, extracting useful information, and delivering insights through custom-built solutions or GIS workflows via APIs and browser-based applications. In addition, the company's satellite services arrangements include designing and manufacturing customer-owned satellites, mission systems engineering, launch procurement, ground station infrastructure, satellite operations, and maintenance, as well as dedicated image tasking capacity on company-owned or customer-owned satellites. It serves agriculture, mapping, energy, forestry, finance, and insurance companies, as well as government agencies. Planet Labs PBC was founded in 2010 and is headquartered in San Francisco, California.

www.planet.com

945

Full Time Employees

January 31

Fiscal Year Ends

Industrials

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

PL
27.33%
S&P 500 (^GSPC)
13.13%

1-Year Return

PL
11.60%
S&P 500 (^GSPC)
12.38%

3-Year Return

PL
592.27%
S&P 500 (^GSPC)
88.08%

5-Year Return

PL
42.73%
S&P 500 (^GSPC)
68.48%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY27
Revenue 116.05M
Earnings -9.35M
Profit Margin -8.06%

Q3

FY26

Q4

FY26

Q1

FY27

Q2

FY27

-150M
-100M
-50M
0
50M
100M
-150.0%
-100.0%
-50.0%

Analyst Insights

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Analyst Price Targets

17.00
30.27 Average
14.33 Current
50.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/19/2026
Analyst Morgan Stanley
Rating Action Maintains
Rating Equal-Weight
Price Action Lowers
Price Target 35 -> 19

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -95.13%

  • Return on Assets (ttm)

    -5.05%

  • Return on Equity (ttm)

    -71.97%

  • Revenue (ttm)

    378.28M

  • Net Income Avi to Common (ttm)

    -359.86M

  • Diluted EPS (ttm)

    -1.09

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    865.42M

  • Total Debt/Equity (mrq)

    88.35%

  • Levered Free Cash Flow (ttm)

    51.75M

Company Insights

Research Reports

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