Planet Labs: The Satellite Stock That Continues to Soar
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy PL?
Source: Marketbeat
Company Performance: Planet Labs has experienced significant revenue growth, with a 388% increase in 2025 and over 30% growth in 2026, leading to a stock price rise of nearly 9% during a recent session.
Business Model: The company operates the largest fleet of Earth-imaging satellites, providing daily images and analytics to customers, which include both government and commercial sectors, generating recurring subscription revenue.
Financial Outlook: For FY 2026, 59% of revenue came from defense and intelligence customers, while the company forecasts a revenue of $427.5 million for FY 2027, indicating a growth rate of approximately 39%.
Market Position: Planet Labs has a market capitalization exceeding $10 billion, reflecting strong momentum in its business, although its valuation is high relative to sales, raising questions about future growth sustainability.
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Analyst Views on PL
Wall Street analysts forecast PL stock price to fall
11 Analyst Rating
8 Buy
3 Hold
0 Sell
Moderate Buy
Current: 33.820
Low
12.30
Averages
18.93
High
22.00
Current: 33.820
Low
12.30
Averages
18.93
High
22.00
About PL
Planet Labs PBC is a provider of global, daily satellite imagery and geospatial solutions. It designs, builds, and operates the earth observation fleet of imaging satellites. It provides mission-critical data, advanced insights, and software solutions comprising agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to derive value from satellite imagery. Its satellite data and analytics reveal actionable insights regarding phenomena, such as deforestation, agriculture, climate change, biodiversity, and supply chains worldwide. Its daily stream of proprietary data and machine learning analytics, delivered over its cloud-native platform, helps companies, governments and civil society use satellite imagery to discover insights as change happens. Its digital technology platform includes Agile Aerospace, Proprietary Big Data, and Platform and Analytics. Its products include Planet Monitoring, Planet Tasking, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Planet Labs: The Satellite Stock That Continues to Soar
Company Performance: Planet Labs has experienced significant revenue growth, with a 388% increase in 2025 and over 30% growth in 2026, leading to a stock price rise of nearly 9% during a recent session.
Business Model: The company operates the largest fleet of Earth-imaging satellites, providing daily images and analytics to customers, which include both government and commercial sectors, generating recurring subscription revenue.
Financial Outlook: For FY 2026, 59% of revenue came from defense and intelligence customers, while the company forecasts a revenue of $427.5 million for FY 2027, indicating a growth rate of approximately 39%.
Market Position: Planet Labs has a market capitalization exceeding $10 billion, reflecting strong momentum in its business, although its valuation is high relative to sales, raising questions about future growth sustainability.
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- SpaceX IPO Outlook: SpaceX is expected to go public later this year with a market valuation between $1.5 trillion and $1.75 trillion, positioning it among the top ten most valuable companies globally, which is generating significant investor excitement.
- Competitor Analysis: Smaller competitors Rocket Lab and Planet Labs are poised for greater upside, with Rocket Lab planning to launch 21 rockets in 2025 and develop its own satellite constellation, indicating strong growth potential given their lower market valuations.
- Rocket Lab Growth Potential: Rocket Lab's revenue surged from $62.2 million in 2021 to $602 million in 2025, and it is expected to further drive growth through its new Neutron rocket and space systems design, enhancing its competitive edge in the market.
- Planet Labs Contract Growth: Planet Labs reported a 33% year-over-year revenue increase to $81 million, with a backlog up 216% to $734 million, indicating strong demand for its global monitoring services and promising future growth prospects.
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Exciting Prospects for SpaceX IPO and Investment Opportunities
- Market Valuation Expectations: SpaceX is expected to debut later this year with a market cap between $1.5 trillion and $1.75 trillion, positioning it among the top ten most valuable companies globally, which is generating significant investor interest.
- Merger Risks: The merger between SpaceX and xAI may complicate investors' direct exposure to the space economy, as both companies face challenges, necessitating careful risk assessment by potential investors.
- Rocket Lab's Growth Potential: Rocket Lab plans to launch 21 rockets in 2025, with revenue projected to soar from $62.2 million in 2021 to $602 million in 2025, indicating strong growth potential in the small launch market.
- Planet Labs' Contract Growth: Planet Labs reported a 33% year-over-year revenue increase to $81 million last quarter, with a backlog up 216% year-over-year to $734 million, reflecting robust demand for its global monitoring services.
See More
Planet Labs Reports Strong Revenue Growth, Shares Surge
- Significant Revenue Growth: Planet Labs reported a 41% year-over-year revenue increase to $86.8 million in its fiscal 2026 fourth quarter, exceeding market expectations and demonstrating strong performance in the satellite imagery supply sector.
- Improved Profitability: The company broke even on an adjusted basis, far surpassing Wall Street analysts' expectations of a $0.05 loss per share, indicating a gradual enhancement in profitability that boosts investor confidence.
- Strong Cash Flow: Planet Labs generated $53 million in free cash flow in fiscal 2026, ending the year with $640 million in cash and investments, providing ample financial support for future expansion.
- Optimistic Growth Outlook: The company anticipates revenue growth to between $415 million and $440 million in fiscal 2027, a significant increase from $307.7 million in 2026, with a backlog growth of 79% to over $900 million, signaling strong growth potential ahead.
See More
Planet Labs Sees Surge in Demand with Strong Financials
- Significant Revenue Growth: Planet Labs reported a 41% year-over-year revenue increase to $86.8 million in its fiscal 2026 fourth quarter, surpassing Wall Street expectations and demonstrating strong performance in the geospatial solutions sector.
- Improved Profitability: The company broke even on an adjusted basis, significantly better than analysts' predicted loss of $0.05 per share, indicating a gradual enhancement in profitability that boosts investor confidence.
- Strong Cash Flow and Investment Position: Planet Labs generated $53 million in free cash flow in fiscal 2026, ending the year with $640 million in cash and investments, providing ample funding for future expansion.
- Robust Backlog: The company's backlog grew by 79% to over $900 million, with CEO Will Marshall stating that the strong backlog and healthy pipeline indicate significant growth potential in the coming years.
See More
US Stocks Plunge Amid Rising Energy Costs and Geopolitical Tensions
- Market Plunge: The S&P 500 fell by 1.51%, the Dow Jones by 0.96%, and the Nasdaq 100 by 1.88%, all hitting 6.25-month lows, indicating investor concerns over rising energy costs from the Iran conflict and its potential impact on inflation and economic growth.
- Rising Bond Yields: The 10-year Treasury yield rose to 4.39%, a 7.5-month high, reflecting market fears that surging energy prices could lead to increased inflation, potentially forcing the Fed to tighten monetary policy, thereby heightening market uncertainty.
- Geopolitical Tensions: The Pentagon's preparations to deploy ground troops to Iran and the consideration of taking over Kharg Island, a key oil-export site, have escalated concerns about Middle Eastern stability, contributing to persistently high global oil prices and affecting investor confidence.
- Airline Stocks Decline: Major airlines like United Airlines, American Airlines, and Southwest Airlines saw stock declines of over 3% due to soaring fuel costs, indicating the potential erosion of corporate profits and overall profitability in the airline sector.
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Planet Labs: The Satellite Stock That Continues to Soar
Company Performance: Planet Labs has experienced significant revenue growth, with a 388% increase in 2025 and over 30% growth in 2026, leading to a stock price rise of nearly 9% during a recent session.
Business Model: The company operates the largest fleet of Earth-imaging satellites, providing daily images and analytics to customers, which include both government and commercial sectors, generating recurring subscription revenue.
Financial Outlook: For FY 2026, 59% of revenue came from defense and intelligence customers, while the company forecasts a revenue of $427.5 million for FY 2027, indicating a growth rate of approximately 39%.
Market Position: Planet Labs has a market capitalization exceeding $10 billion, reflecting strong momentum in its business, although its valuation is high relative to sales, raising questions about future growth sustainability.
See More
SpaceX Rumored IPO Valuation Exceeds $1 Trillion
- SpaceX IPO Outlook: SpaceX is expected to go public later this year with a market valuation between $1.5 trillion and $1.75 trillion, positioning it among the top ten most valuable companies globally, which is generating significant investor excitement.
- Competitor Analysis: Smaller competitors Rocket Lab and Planet Labs are poised for greater upside, with Rocket Lab planning to launch 21 rockets in 2025 and develop its own satellite constellation, indicating strong growth potential given their lower market valuations.
- Rocket Lab Growth Potential: Rocket Lab's revenue surged from $62.2 million in 2021 to $602 million in 2025, and it is expected to further drive growth through its new Neutron rocket and space systems design, enhancing its competitive edge in the market.
- Planet Labs Contract Growth: Planet Labs reported a 33% year-over-year revenue increase to $81 million, with a backlog up 216% to $734 million, indicating strong demand for its global monitoring services and promising future growth prospects.
See More
Exciting Prospects for SpaceX IPO and Investment Opportunities
- Market Valuation Expectations: SpaceX is expected to debut later this year with a market cap between $1.5 trillion and $1.75 trillion, positioning it among the top ten most valuable companies globally, which is generating significant investor interest.
- Merger Risks: The merger between SpaceX and xAI may complicate investors' direct exposure to the space economy, as both companies face challenges, necessitating careful risk assessment by potential investors.
- Rocket Lab's Growth Potential: Rocket Lab plans to launch 21 rockets in 2025, with revenue projected to soar from $62.2 million in 2021 to $602 million in 2025, indicating strong growth potential in the small launch market.
- Planet Labs' Contract Growth: Planet Labs reported a 33% year-over-year revenue increase to $81 million last quarter, with a backlog up 216% year-over-year to $734 million, reflecting robust demand for its global monitoring services.
See More
Planet Labs Reports Strong Revenue Growth, Shares Surge
- Significant Revenue Growth: Planet Labs reported a 41% year-over-year revenue increase to $86.8 million in its fiscal 2026 fourth quarter, exceeding market expectations and demonstrating strong performance in the satellite imagery supply sector.
- Improved Profitability: The company broke even on an adjusted basis, far surpassing Wall Street analysts' expectations of a $0.05 loss per share, indicating a gradual enhancement in profitability that boosts investor confidence.
- Strong Cash Flow: Planet Labs generated $53 million in free cash flow in fiscal 2026, ending the year with $640 million in cash and investments, providing ample financial support for future expansion.
- Optimistic Growth Outlook: The company anticipates revenue growth to between $415 million and $440 million in fiscal 2027, a significant increase from $307.7 million in 2026, with a backlog growth of 79% to over $900 million, signaling strong growth potential ahead.
See More
Planet Labs Sees Surge in Demand with Strong Financials
- Significant Revenue Growth: Planet Labs reported a 41% year-over-year revenue increase to $86.8 million in its fiscal 2026 fourth quarter, surpassing Wall Street expectations and demonstrating strong performance in the geospatial solutions sector.
- Improved Profitability: The company broke even on an adjusted basis, significantly better than analysts' predicted loss of $0.05 per share, indicating a gradual enhancement in profitability that boosts investor confidence.
- Strong Cash Flow and Investment Position: Planet Labs generated $53 million in free cash flow in fiscal 2026, ending the year with $640 million in cash and investments, providing ample funding for future expansion.
- Robust Backlog: The company's backlog grew by 79% to over $900 million, with CEO Will Marshall stating that the strong backlog and healthy pipeline indicate significant growth potential in the coming years.
See More
US Stocks Plunge Amid Rising Energy Costs and Geopolitical Tensions
- Market Plunge: The S&P 500 fell by 1.51%, the Dow Jones by 0.96%, and the Nasdaq 100 by 1.88%, all hitting 6.25-month lows, indicating investor concerns over rising energy costs from the Iran conflict and its potential impact on inflation and economic growth.
- Rising Bond Yields: The 10-year Treasury yield rose to 4.39%, a 7.5-month high, reflecting market fears that surging energy prices could lead to increased inflation, potentially forcing the Fed to tighten monetary policy, thereby heightening market uncertainty.
- Geopolitical Tensions: The Pentagon's preparations to deploy ground troops to Iran and the consideration of taking over Kharg Island, a key oil-export site, have escalated concerns about Middle Eastern stability, contributing to persistently high global oil prices and affecting investor confidence.
- Airline Stocks Decline: Major airlines like United Airlines, American Airlines, and Southwest Airlines saw stock declines of over 3% due to soaring fuel costs, indicating the potential erosion of corporate profits and overall profitability in the airline sector.
See More
