Planet Labs PBC (PL)
Market Cap | 921.52M |
Revenue (ttm) | 235.76M |
Net Income (ttm) | -136.05M |
Shares Out | 293.48M |
EPS (ttm) | -0.47 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,585,325 |
Open | 3.200 |
Previous Close | 3.180 |
Day's Range | 3.065 - 3.240 |
52-Week Range | 1.670 - 3.300 |
Beta | 0.97 |
Analysts | Strong Buy |
Price Target | 3.93 (+25.16%) |
Earnings Date | Dec 5, 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]
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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for PL stock is "Strong Buy." The 12-month stock price forecast is $3.93, which is an increase of 25.16% from the latest price.
News
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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...
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 ...
These Analysts Revise Their Forecasts On Planet Labs After Q2 Results
Planet Labs PBC PL reported worse-than-expected second-quarter sales results on Thursday.
Smith & Wesson Brands Reports Downbeat Results, Joins Planet Labs PBC, Broadcom And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were lower this morning, with the Nasdaq futures dipping around 1% on Friday.
Planet Labs PBC (PL) Q2 2025 Earnings Call Transcript
Planet Labs PBC (NYSE:PL) Q2 2025 Earnings Conference Call September 5, 2024 5:00 PM ET Company Participants Cleo Palmer-Poroner - IR Will Marshall - Co-Founder and CEO Ashley Johnson - President and...
Planet Reports Financial Results for Second 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...
Planet to Participate in September Investor Events
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it will participate in the following investor events next mo...
Planet Signs Contract with NATO Agency to Advance the Alliance Persistent Surveillance from Space (APSS) Program
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, announced it has signed a new contract with the NATO Communications and Informati...
Carbon Mapper Coalition launches Tanager-1 satellite to drive transparency of methane and CO2 super-emitters and prompt global action
VANDENBERG SPACE FORCE BASE, Calif., Aug. 16, 2024 /PRNewswire/ -- Today, the Carbon Mapper Coalition's first satellite, Tanager-1, was successfully launched into orbit on the SpaceX Transporter-11 Ri...
Planet Launches First Tanager-1 (Hyperspectral Satellite) and 36 SuperDoves with SpaceX
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, along with 36 SuperDo...
Calling All Planet Labs PBC (PL) Investors: Contact Bronstein, Gewirtz & Grossman, LLC To Claim Your Losses
NEW YORK, NY / ACCESSWIRE / August 16, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of dMY Technology Group, Inc. IV ("dMY IV"), which merged wit...
Planet to Launch Its First Hyperspectral Satellite, Tanager-1, and 36 SuperDoves with SpaceX
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, along with 36 SuperDo...
Planet Labs PBC Investors Encouraged To Join In Fraud Investigation With The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / August 15, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PB...
Planet Labs PBC Investors Encouraged To Join Fraud Investigation With The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / August 14, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PB...