Planet Labs PBC (PL)
| Market Cap | 572.52M |
| Revenue (ttm) | 220.70M |
| Net Income (ttm) | -140.51M |
| Shares Out | 290.62M |
| EPS (ttm) | -0.50 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 304,106 |
| Open | 1.980 |
| Previous Close | 1.960 |
| Day's Range | 1.940 - 2.000 |
| 52-Week Range | 1.670 - 5.000 |
| Beta | 0.93 |
| Analysts | Strong Buy |
| Price Target | 4.96 (+151.14%) |
| 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]
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 StatementsAnalyst Forecast
According to 9 analysts, the average rating for PL stock is "Strong Buy." The 12-month stock price forecast is $4.96, which is an increase of 151.14% from the latest price.
News
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 ...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
Planet Reports Financial Results for Third Quarter of Fiscal 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...
Planet to Announce Fiscal Third Quarter 2024 Results on Thursday, December 7, 2023
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 2024 financial r...
Planet Launches First Pelican Tech Demonstration and 36 SuperDoves with SpaceX
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that Pelican-1, the first tech demonstration satellite for its ne...
Planet to Launch Pelican Tech Demonstration and 36 SuperDoves with SpaceX
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that its Pelican tech demonstration satellite, Pelican-1, along w...
OBJECT COMPUTING AND PLANET LABS PBC PARTNER TO UNLOCK GAME-CHANGING DATA INSIGHTS FOR ENTERPRISE BUSINESSES
ST. LOUIS , Nov. 9, 2023 /PRNewswire/ -- Object Computing, Inc., a technology firm based in St. Louis, MO., today announced a partnership with Planet Labs PBC (NYSE: PL), a leading provider of daily d...
Planet Releases Forest Carbon Diligence Product
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced the global availability of its Forest Carbon Diligence product. T...
Planet Labs PBC Releases First Ground Testing Results for NASA CSP Program
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced the successful completion of a significant technical milestone fo...