Planet Labs
About: Planet Labs PBC is an Earth-imaging company. It uses space to help life on Earth by imaging the world every day and making change visible, accessible, and actionable. Its platform includes imagery, insights, and machine learning that empower companies, governments, and communities around the world to make timely decisions about the evolving world. Its solutions are Broad Area Management. Its products are Planet Monitoring, Planet Tasking, Planet Analytic Feeds, Planetary Variables, Planet Basemaps, Planet Insights, and Platform Pricing. The group provides solutions to the Agriculture Science Program, Energy & Infrastructure, Forestry & Land Use, Mapping, Sustainability, Maritime, Civil Government, U.S. State and Local, Europe, Planet Federal, Defense & Intelligence, and Armed Services.
Employees: 970
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
241% more call options, than puts
Call options by funds: $8.97M | Put options by funds: $2.63M
119% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 21
16% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 58
12% more funds holding
Funds holding: 189 [Q4 2024] → 211 (+22) [Q1 2025]
1.07% more ownership
Funds ownership: 48.86% [Q4 2024] → 49.93% (+1.07%) [Q1 2025]
13% less capital invested
Capital invested by funds: $544M [Q4 2024] → $475M (-$69.2M) [Q1 2025]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 5 (-1) [Q1 2025]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$3.50
35%
downside
Avg. target
$6.38
19%
upside
High target
$8
49%
upside
6 analyst ratings
5 positive
83%
1 neutral
17%
0 negative
0%
Citigroup Jason Gursky | 30%upside $7 | Buy Maintained | 6 Jun 2025 |
Wedbush Daniel Ives | 30%upside $7 | Outperform Maintained | 5 Jun 2025 |
Needham Ryan Koontz | 49%upside $8 | Buy Reiterated | 5 Jun 2025 |
Goldman Sachs Noah Poponak | 35%downside $3.50 | Neutral Downgraded | 11 Apr 2025 |
Citizens Capital Markets Trevor Walsh | 21%upside $6.50 | Market Outperform Reiterated | 21 Mar 2025 |
Financial journalist opinion
Based on 11 articles about PL published over the past 30 days
Neutral
Business Wire
2 days ago
NATO Selects Planet for Landmark Seven-Figure Contract for Advanced Daily Monitoring and Early Warning Capabilities
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced it was selected for a new seven-figure contract with NATO to deliver advanced daily monitoring and intelligence capabilities across the Alliance's strategic areas of interest. This landmark partnership comes at a time of significant global change, where nations, particularly in Europe, are rapidly enhancing their defense capabilities to address evolvin.
Positive
Seeking Alpha
1 week ago
Encouraging Q1 From Planet Labs Marks First Positive Operating Cash Flow
Planet Labs delivered a strong Q1, beating on both EPS and revenue, and achieved positive operating cash flow for the first time. Growth is driven by defense and intelligence contracts, with new deals in civil government and promising AI partnerships with Google and Anthropic. Despite a positive quarter, higher Q2 CapEx and margin variability mean that break-even profitability is still neither consistent nor guaranteed.
Positive
Seeking Alpha
1 week ago
After Q1 2026, My Planet Labs Thesis Is Still Intact
Planet Labs is capitalizing on expanding satellite imaging demand, securing major contracts in defense, agriculture, and climate, with strong recurring revenue and growing backlog. Despite robust gross margins and positive free cash flow, the company remains unprofitable, with high capital expenditures and negative EBITDA, EBIT, and net income margins. Valuation is steep, trading at significant premiums to sector averages, justified by growth potential but undermined by cash flow losses and capital intensity.
Positive
The Motley Fool
1 week ago
Why Planet Labs Stock Shot to the Moon Today
Planet Labs (PL 52.38%), a small space stock that owns one of the world's biggest constellations of Earth observation satellites, exploded higher after beating on earnings last night.
Positive
CNBC
1 week ago
Satellite imaging play Planet Labs pops more than 50% after posting earnings beat, record revenue
The satellite imaging company surged more than 50% on Thursday, catching a tailwind from solid quarterly results. In the first quarter, Planet Labs posted breakeven adjusted earnings per share on revenue of $66.3 million.
Neutral
Seeking Alpha
1 week ago
Planet Labs PBC (PL) Q1 2026 Earnings Call Transcript
Planet Labs PBC (NYSE:PL ) Q1 2026 Earnings Conference Call June 4, 2025 5:00 PM ET Company Participants Ashley Whitfield Fieglein Johnson - President & CFO Cleo Palmer-Poroner - Corporate Participant William Spencer Marshall - Co-Founder, CEO & Chairman of the Board Conference Call Participants Anthony Valentini - Goldman Sachs Group, Inc., Research Division Christopher David Quilty - Quilty Space Inc., Research Division Colin Michael Canfield - Cantor Fitzgerald & Co., Research Division Jason Michael Gursky - Citigroup Inc., Research Division Jeffrey Van Rhee - Craig-Hallum Capital Group LLC, Research Division Kristine T. Liwag - Morgan Stanley, Research Division Michael James Latimore - Northland Capital Markets, Research Division Ryan Boyer Koontz - Needham & Company, LLC, Research Division Trevor James Walsh - Citizens JMP Securities, LLC, Research Division Xin Yu - Deutsche Bank AG, Research Division Operator Good afternoon.
Neutral
Zacks Investment Research
1 week ago
Planet Labs PBC (PL) Reports Break-Even Earnings for Q1
Planet Labs PBC (PL) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.05 per share a year ago.
Neutral
Business Wire
1 week ago
Planet Reports Financial Results for First Quarter of Fiscal Year 2026
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 ended April 30, 2025. “We had an excellent first quarter, exceeding our expectations, demonstrating solid validation of our strategic direction and great execution,” said Will Marshall, Planet's Co-Founder, Chief Executive Officer and Chairperson. “Looking ahead, we're responding to strong demand signa.
Neutral
Business Wire
1 week ago
Planet Expands Business with Welsh Government for Land and Natural Resource Management
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced a six-figure expansion of its contract with the Welsh Government. Using Planet's satellite data, the Welsh government is developing data-driven, routine monitoring systems for agriculture, water and land use change, and emergency response. This expanded agreement provides the Welsh Government with Planet's high-resolution SkySat tasking capabilities, P.
Neutral
Business Wire
2 weeks ago
Gary B. Smith to be Appointed 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 that its board of directors has nominated Gary B. Smith, President and CEO of Ciena, as a Class I director for election at the upcoming Annual Meeting. "Gary's expansive career and leadership across technology, operations and sales is invaluable to Planet's continued growth as a data platform company," said Will Marshall, Co-Founder, Chief Executive Officer and.
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