Planet Labs demonstrates accelerating top-line momentum with 42.1% year-over-year revenue growth in 2027Q1, yet the company struggles to achieve meaningful operating leverage as evidenced by a persistent $34.9 million operating loss.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth accelerated to 42.1% in 2027Q1, yet gross margins remain pressured between 52% and 62%, failing to provide the necessary operating leverage to offset $51.9 million in quarterly SG&A expenses.
Planet Labs PBC's stock surged 25.5% following their March 19, 2026 earnings report, indicating strong financial performance.
Multiple bullish theses from reputable sources like EAA Partners, Bullseye Research, and Student of Value highlight the company's potential.
The average price target stands at $34.40, with a median of $35.00, suggesting significant upside potential.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Sep 3, 2026 | $0.02+205.1% vs -$0.02 | $116M+11.0% vs $105M |
Q3 2026 Jun 4, 2026 | -$0.03+28.2% vs -$0.04 | $94M+4.2% vs $90M |
Q2 2026 Mar 19, 2026 | -$0.48-916.7% vs -$0.05 | $87M+11.0% vs $78M |
Q4 2025 Dec 10, 2025 | -$0.19-467.3% vs -$0.03 | $81M+12.6% vs $72M |
A revenue shortfall is outweighing a quarter of record margins and record backlog at Redwire (NYSE:RDW). Redwire stock is at $6.13, down 21%, as the space and defense company's third-quarter sales fell well short of Wall Street's forecast.
Planet Labs is positioned to benefit from AI-driven demand for Earth imagery, expanding beyond defense into commercial applications. PL's proprietary daily Earth scans and robust data infrastructure differentiate it from competitors and enable scalable, cross-sector analytics. Valuation scenarios show significant upside if commercial adoption accelerates, with a bull case price target of $25.66 versus a base case of $10.74.
Rocket Lab and Planet Labs offer distinct growth opportunities as satellite infrastructure expands and demand for space-based intelligence increases.
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today released its first light image from Pelican-12, an updated second generation (Gen 2) high-resolution Pelican™ satellite, captured over Luanda, the capital city of Angola. The image was taken on October 30, 2026, from an altitude of approximately 589 km, following Pelican-12's launch aboard SpaceX's Bandwagon-5 rideshare mission from Cape Canaveral Space Force St.
Benchmark PL against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Planet Labs PBC (PL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $12.55 | $4.18B | -12.54 | 25.94% | -95.13% | -93.11% | — | |
| $21.33 | $872.86M | -28.10 | 4.39% | -24.86% | -21.12% | — | |
| $3.48 | $479.06M | -5.04 | 37.58% | -325.65% | -3465.39% | — | |
| $8.65 | $281.44M | -3.66 | -35.22% | -145.22% | -75.24% | — | |
| $32.33 | $9.66B | -15.63 | 1505.21% | -536.66% | -27.27% | — | |
| $2.05 | $24.37M | -0.68 | -47.49% | -927.68% | -90.19% | — |
Planet Labs PBC (PL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Planet Labs PBC (PL) SEC filings — annual & quarterly reports (10-K, 10-Q)
Sep 3, 2026·SEC
Jun 5, 2026·SEC
Jun 4, 2026·SEC
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Planet Labs PBC (PL) stock FAQ — growth, dividends, profitability & financials explained
Planet Labs PBC (PL) reported $378.3M in revenue over the trailing twelve months. Revenue was $307.7M in fiscal year 2026. That is 221% more than the $95.7M of fiscal year 2020.
Planet Labs PBC (PL) grew revenue by 44.1% over the trailing twelve months, compared with the twelve months before.
No. Planet Labs PBC (PL) reported a net loss of $359.9M over the trailing twelve months.
Planet Labs PBC (PL) had a return on equity (ROE) of -93.1% over the trailing twelve months. A negative ROE means the company lost money over the period.
Planet Labs PBC (PL) generated $23.4M in free cash flow over the trailing twelve months.
