Planet Labs PBC (PL)

NYSE: PL · IEX Real-Time Price · USD
1.780
+0.010 (0.56%)
At close: Jul 2, 2024, 4:00 PM
1.799
+0.019 (1.07%)
After-hours: Jul 2, 2024, 7:47 PM EDT
0.56%
Market Cap 517.57M
Revenue (ttm) 228.43M
Net Income (ttm) -135.36M
Shares Out 290.77M
EPS (ttm) -0.47
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,091,855
Open 1.780
Previous Close 1.770
Day's Range 1.730 - 1.805
52-Week Range 1.670 - 3.770
Beta 0.97
Analysts Strong Buy
Price Target 4.30 (+141.57%)
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 1,020
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 7 analysts, the average rating for PL stock is "Strong Buy." The 12-month stock price forecast is $4.3, which is an increase of 141.57% from the latest price.

Price Target
$4.3
(141.57% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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8 days ago - Yahoo Finance

Planet's Expanded Contract with Government of New South Wales Supports Emergency and Climate Change Response

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, recently expanded its contract with the Government of New South Wales, Australia ...

12 days ago - Business Wire

Leveraging Satellite Data and Artificial Intelligence, U.S. Government Customers Showcase Using Tech for Intelligence at Planet-hosted Event, Including NGA, Space Force, and NASA

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, yesterday hosted their “Planet On The Road” conference in the Washington, D.C. ar...

19 days ago - Business Wire

Planet Labs PBC Announces Real-Time Insights Technology Using NVIDIA Jetson Platform

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced it is collaborating with NVIDIA on its onboard processing capabil...

22 days ago - Business Wire

Tanager-1 Is Ready for Launch: Planet's First Hyperspectral Satellite

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, announced today that its first hyperspectral satellite, Tanager-1—made possible by the C...

26 days ago - Business Wire

Planet Reports Financial Results for First Quarter of Fiscal Year 2025

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...

26 days ago - Business Wire

Planet and BASF Digital Farming Expand Strategic Partnership to Enhance Smart Farming Solutions From Space

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced it has expanded its existing commercial partnership with BASF Dig...

6 weeks ago - Business Wire

ZEP-RE Extends Planet Partnership for Drought Insurance Program in Horn of Africa

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced a contract extension with ZEP-RE, an African reinsurance company ...

6 weeks ago - Business Wire

Planet to Announce Fiscal First Quarter 2025 Results on Thursday, June 6, 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 first quarter 2025 financial r...

7 weeks ago - Business Wire

Planet to Participate in Upcoming Investor Conference

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that Robert Cardillo, Chief Strategist and Chairman of the Board ...

7 weeks ago - Business Wire

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...

3 months 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...

3 months 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
3 months 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...

3 months 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...

3 months 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...

3 months 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...

3 months 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...

4 months 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...

4 months 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...

4 months 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 ...

5 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
5 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...

6 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...

6 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...

7 months ago - Business Wire