Planet Labs PBC (PL)

NYSE: PL · Real-Time Price · USD
3.820
+0.010 (0.26%)
At close: Jan 17, 2025, 4:00 PM
3.900
+0.080 (2.09%)
After-hours: Jan 17, 2025, 7:38 PM EST
0.26%
Market Cap 1.13B
Revenue (ttm) 241.65M
Net Income (ttm) -118.13M
Shares Out 296.71M
EPS (ttm) -0.41
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,227,921
Open 3.860
Previous Close 3.810
Day's Range 3.810 - 4.020
52-Week Range 1.670 - 4.990
Beta 1.32
Analysts Strong Buy
Price Target 4.34 (+13.61%)
Earnings Date Dec 9, 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 1,180
Stock Exchange NYSE
Ticker Symbol PL
Full Company Profile

Financial Performance

In 2023, Planet Labs PBC'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 $4.34, which is an increase of 13.61% from the latest price.

Price Target
$4.34
(13.61% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

General John W. "Jay" Raymond Elected to Planet's Board of Directors

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced General John W. "Jay" Raymond, formerly Chief of Space Operations...

3 days ago - Business Wire

Planet Launches High-Resolution Pelican-2 Satellite & 36 SuperDoves

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, announced today that its high-resolution Pelican-2 satellite and 36 SuperDoves of Flock ...

5 days ago - Business Wire

Planet to Launch High-Resolution Pelican-2 Satellite & 36 SuperDoves

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, announced today that its high-resolution Pelican-2 satellite & 36 SuperDoves of Flock 4G...

6 days ago - Business Wire

Planet Labs to Present at 27th Annual Needham Growth Conference

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that Ashley Johnson, President and Chief Financial Officer, will ...

5 weeks ago - Business Wire

Planet Labs PBC (PL) Q3 2025 Earnings Call Transcript

Planet Labs PBC (NYSE:PL) Q3 2025 Results Conference Call December 9, 2024 5:00 PM ET Company Participants Chris Genualdi - Vice President, Investor Relations Will Marshall - Co-Founder and Chief Exe...

5 weeks ago - Seeking Alpha

Planet Reports Financial Results for Third 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...

6 weeks ago - Business Wire

Pelican-2 & 36 SuperDoves Arrived in Vandenberg, California For Launch

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, today announced that its latest high-resolution satellite Pelican-2 and 36 SuperDoves ha...

6 weeks ago - Business Wire

From Data To Dollars In Planet Labs' Expanding Universe

Micro to mid-cap tech stocks, including Planet Labs, are seeing significant gains, but it's crucial to assess if fundamentals support these increases. Planet Labs shows promising revenue growth and st...

6 weeks ago - Seeking Alpha

Using Planet Satellite Data, the Antinarcotics Directorate of the Colombian National Police (DIRAN) Work to Eradicate Illicit Crops

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 their contract with Colombia's National P...

6 weeks ago - Business Wire

Green Stock News for December 3, 2024: $PL $JOBY $HIVE $EOSE

Welcome to the green stock news brief for Tuesday, December 3rd. Here are today's top headlines: Planet Labs (NYSE: PL) has signed a multi-year, seven-figure deal with Laconic to provide high-resoluti...

Other symbols: JOBYEOSEHIVE
6 weeks ago - Green Stock News

Planet Partners with Laconic to Deliver AI-Powered Forest Carbon Insights, Aiming to Enable Informed Carbon Credit Trading

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that they have signed a multi-year, seven-figure deal with Laconi...

7 weeks ago - Business Wire

Robert Cardillo, Chief Strategist and Chairman of Planet Federal, to Present at Goldman Sachs 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 and Global Fishing Watch Expand Collaboration for Ocean Transparency and Accountability

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced a new contract with Global Fishing Watch, an international nonpro...

2 months ago - Business Wire

Planet to Announce Fiscal Third Quarter 2025 Results on Monday, December 9, 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 third quarter 2025 financial r...

2 months ago - Business Wire

Space stocks saw big gains this week in part due to 'Trump-Elon trade' rally, analysts say

Several pure-play space stocks rallied 20% or more this week, in part driven by what sector analysts called a "Trump-Elon trade." Just this week saw Rocket Lab up 41%, Intuitive Machines up 28%, Spire...

Other symbols: ASTSLUNRRDWRKLBSPIRUFO
2 months ago - CNBC

Planet Expands Contract with French Digital Farming Company Abelio

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, announced that it has signed an expansion with their partner Abelio, a French tec...

2 months ago - Business Wire

Planet Releases Analysis-Ready PlanetScope Product for Time-Series Analysis and Machine Learning Models

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today released Analysis-Ready PlanetScope (ARPS). ARPS harnesses a cutting-edge p...

3 months ago - Business Wire

Planet Partner SatAgro Signs a Contract with American Crystal Sugar Company for Sugar Beet Crop Monitoring

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, announced that they have signed a contract with American Crystal Sugar Company, t...

3 months ago - Business Wire

Planet Launches Project Centinela, Equipping the World's Leading Biodiversity Scientists and Conservationists with the Latest Satellite-derived Tools and Insights

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, today launched Project Centinela, a new program aiming to equip the world's leading biod...

3 months ago - Business Wire

Planet Renews Contract with the Federal Police of Brazil

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced a 12-month contract renewal with the Federal Police of Brazil for ...

4 months ago - Business Wire

Planet Releases AI-powered Forest Carbon Monitoring Product — World's First Global Scale Forest Monitoring System at 3-Meter Resolution

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, today released its Forest Carbon Monitoring product, consisting of quarterly, 3-meter re...

4 months ago - Business Wire

Planet Signs Multi-Year Contract with the German Space Agency, Providing Near-Daily Imagery and Deep Archive of Satellite Data

BERLIN--(BUSINESS WIRE)--Planet Labs Germany GmbH, a leading provider of daily data and insights about Earth, today announced that they have signed a three year contract with the German Space Agency a...

4 months ago - Business Wire

Undercovered Stock Picks From September 6-12: Lithium, Uranium, Gold, & Plastic

The 'Undercovered' Dozen series highlights 12 undercovered stocks, providing investment ideas and sparking community discussion on their potential. Zach Bristow argues that Sylvamo Corporation offers ...

4 months ago - Seeking Alpha

Planet Selected for NASA Commercial SmallSat Data Acquisition (CSDA) Contract to Continue Providing Earth Observation Data

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced its Planet Federal subsidiary was selected for the NASA Commercia...

4 months ago - Business Wire

Planet Labs Looking Interesting After Q3 Guidance Revised Downward

Planet Labs, despite recent Q3 guidance revision, shows potential with improving gross margins and shrinking losses, making it a tentative buy. The company provides valuable satellite imagery data to ...

4 months ago - Seeking Alpha