Planet Labs PBC (PL)

NYSE: PL · IEX Real-Time Price · USD
1.765
-0.045 (-2.49%)
Apr 16, 2024, 1:20 PM EDT - Market open
-2.49%
Market Cap 512.94M
Revenue (ttm) 220.70M
Net Income (ttm) -140.51M
Shares Out 290.62M
EPS (ttm) -0.50
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,538,245
Open 1.800
Previous Close 1.810
Day's Range 1.710 - 1.820
52-Week Range 1.710 - 5.000
Beta 0.79
Analysts Strong Buy
Price Target 4.96 (+181.02%)
Earnings Date Jun 6, 2024

About PL

Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company's platform offers planet monitoring, basemap, tasking, apps, and application programming interfaces, as well as analytics and planetary variables. It serves agriculture, mapping, energy, forestry, finance and insurance companies, and government agencies. The company was founded in 2010 and is headquartered in San Francisco, ... [Read more]

Sector Industrials
Founded 2010
Employees 930
Stock Exchange NYSE
Ticker Symbol PL
Full Company Profile

Financial Performance

In 2023, PL's revenue was $220.70 million, an increase of 15.39% compared to the previous year's $191.26 million. Losses were -$140.51 million, -13.25% less than in 2022.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for PL stock is "Strong Buy." The 12-month stock price forecast is $4.96, which is an increase of 181.02% from the latest price.

Price Target
$4.96
(181.02% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Planet Announces Planet Insights Platform with Powerful Tooling for Unlocking Earth Observation Data

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL) today announced Planet Insights Platform, the all-in-one place for creating Earth insights. Planet Insights Platform is a milestone in the jo...

7 days ago - Business Wire

Planet Labs CEO explains how the satellite company leverages AI

From potential deforestation efforts to preventing tree branches from taking out power lines, there's a lot Planet Labs' satellites can spy from space. But it's too many images for one person to track...

8 days ago - Yahoo Finance

From Miles Above, Satellite Data Helps Spot Hazardous Trees and Reduce Wildfire Risk

PG&E Expands Contract with Planet to use Satellite Data to Complement Vegetation Management Work OAKLAND, Calif. , April 8, 2024 /PRNewswire/ -- Preventing ignitions that can cause catastrophic wildfi...

Other symbols: PCG
8 days ago - PRNewsWire

Planet Reports Financial Results for Fourth Quarter and Full Fiscal Year 2024

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced financial results for the period ende...

18 days ago - Business Wire

Planet to Provide Carbon Mapper, Inc. with Hyperspectral Data Until 2030

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced it has signed a multi-year data-license agreement with Carbon Map...

18 days ago - Business Wire

Planet Expands Strategic Partnership with SynMax, Offering Customers AI-Enhanced Vessel Identification, Classification, and Smart Surveillance Capabilities

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that they have expanded into a new strategic partnership agreemen...

27 days ago - Business Wire

Planet Upgrades Crop Biomass Planetary Variable to Include Daily PlanetScope Data

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced improvements to its Crop Biomass Planetary Variable, including th...

4 weeks ago - Business Wire

Planet Adds to its Planetary Variable Product Suite with Automated Field Boundary Detection

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced the release of Field Boundaries, the latest add in their suite of...

5 weeks ago - Business Wire

Planet Awarded Contract for Vessel Detection and Monitoring by Naval Information Warfare Center (NIWC) Pacific

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced its fully owned subsidiary, Planet Labs Federal Inc., was awarded...

6 weeks ago - Business Wire

Planet to Announce Fiscal Fourth Quarter and Full Year 2024 Results on Thursday, March 28, 2024

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced that it plans to release its fiscal fourth quarter and full year 2...

6 weeks ago - Business Wire

Planet Satellite Data Now Available on Google Cloud Marketplace

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that their PlanetScope satellite data is now available on Google ...

2 months ago - Business Wire

Space stocks slide, led by Virgin Galactic

The space tourism company is on pace to extend its losing streak to two days and register its biggest single-day percentage decline since Tuesday, when it fell 7.6%. Virgin Galactic SPCE, -4.73% is cu...

Other symbols: SPCELUNRMNTSUFO
3 months ago - Market Watch

Planet to Participate in Upcoming Investor Conferences

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that members of senior management will participate in the followi...

3 months ago - Business Wire

Planet Expects to Nominate Former YouTube CEO, Susan Wojcicki, for Election to the Board of Directors at Next Annual General Meeting

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced Susan Wojcicki is expected to be nomi...

4 months ago - Business Wire

Planet Adds Planetary Variables Products to Sentinel Hub to Enable Greater Usability of its Earth Observation Data

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that its Planetary Variables are now supported data layers in Sen...

4 months ago - Business Wire

Planet Reports Financial Results for Third Quarter of Fiscal 2024

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced financial results for the period ende...

4 months ago - Business Wire

Planet to Announce Fiscal Third Quarter 2024 Results on Thursday, December 7, 2023

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced that it plans to release its fiscal third quarter 2024 financial r...

5 months ago - Business Wire

Planet Launches First Pelican Tech Demonstration and 36 SuperDoves with SpaceX

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that Pelican-1, the first tech demonstration satellite for its ne...

5 months ago - Business Wire

Planet to Launch Pelican Tech Demonstration and 36 SuperDoves with SpaceX

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that its Pelican tech demonstration satellite, Pelican-1, along w...

5 months ago - Business Wire

OBJECT COMPUTING AND PLANET LABS PBC PARTNER TO UNLOCK GAME-CHANGING DATA INSIGHTS FOR ENTERPRISE BUSINESSES

ST. LOUIS , Nov. 9, 2023 /PRNewswire/ -- Object Computing, Inc., a technology firm based in St. Louis, MO., today announced a partnership with Planet Labs PBC (NYSE: PL), a leading provider of daily d...

5 months ago - PRNewsWire

Planet Releases Forest Carbon Diligence Product

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced the global availability of its Forest Carbon Diligence product. T...

5 months ago - Business Wire

Planet Labs PBC Releases First Ground Testing Results for NASA CSP Program

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced the successful completion of a significant technical milestone fo...

5 months ago - Business Wire

Planet's Pelican Tech Demonstration Satellite Ready for Launch

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that its Pelican tech demonstration satellite, Pelican-1, along w...

6 months ago - Business Wire

Planet Gains Business Across Canadian Provincial Governments, Enabling Informed Disaster Response

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it has expanded contracts with existing customers across the...

6 months ago - Business Wire

Planet to Host Investor Day on October 10, 2023

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, is hosting its Investor Day on Tuesday, October 10, 2023, in San Francisco, Califo...

7 months ago - Business Wire