Intellectia LogoIntellectia
Product
Resources
Markets
News
Partner Program
Pricing
Log inTry for Free
Intellectia Logo
Log in
Intellectia Logo

Product

Features
Financial AI Agent
Stock Technical Analysis
Stock Monitor
Hedge Fund Tracker
AI Screener
Trading Strategies
AI Stock Picker
Swing Trading
Quant AI
Stock Chart Patterns
Daytrading Center
AI Earnings Prediction
Whales Auto Tracker
Backtesting Playground

Resources

Learn
Blog
Earnings
Tutorial
Help Center
Company
About Us
Contact
Press
Reward Program
Partner Program
Tools
Dividend Calculator
Dividend Yield Calculator
Options Profit Calculator
Compare
TradingView
SeekingAlpha

Markets

Trending Stocks
Hot Crypto
Trending News
All Stocks

News

Trading News
Overview
Top News
Daily Market Brief
Earnings
Latest
Newswire
Stock News
Crypto News
Monitor News
Partner ProgramPricing
Start for Free
  1. Home
  2. >
  3. News
  4. >
  5. Planet Secures 8-Figure Contract Renewal with Global Defense and Intelligence Client

Planet Secures 8-Figure Contract Renewal with Global Defense and Intelligence Client

Written by Emily J. Thompson, Senior Investment Analyst
stocks logo
PL.N-1.31%
Source: Businesswire
Updated: Nov 05 2025
0mins
Intellectia AI SwingMax
Intellectia AI SwingMax
Source: Businesswire
  • Contract Renewal: Planet Labs PBC has announced an 8-figure contract renewal with a long-term international defense and intelligence customer for high-resolution imagery, enhancing their monitoring and intelligence capabilities.

  • Customer Demand: The company is experiencing significant demand from global defense and intelligence sectors, which rely on Planet's high-resolution satellite imagery for timely and actionable insights.

  • Growth in Defense Sector: This contract renewal is part of Planet's ongoing growth in the defense sector, following previous agreements with various government and military organizations, including NATO and the U.S. Department of Defense.

  • Company Overview: Founded in 2010 by former NASA scientists, Planet operates the largest commercial fleet of imaging satellites, providing critical geospatial solutions to a diverse range of industries and government agencies.

stocks logo
PL.N
$0.0000%Past 6 months
Line
|
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
no data image
No Data
Powered By
Intellectia
Analyst Views on PL
Wall Street analysts forecast PL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PL is 15.41 USD with a low forecast of 10.90 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
Wall Street analysts forecast PL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PL is 15.41 USD with a low forecast of 10.90 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Buy
2 Hold
0 Sell
Strong Buy
Current: 12.940
sliders
Low
10.90
Averages
15.41
High
20.00
Current: 12.940
sliders
Low
10.90
Averages
15.41
High
20.00
Clear Street
Greg Pendy
Buy
maintain
$12 -> $14
2025-12-04
New
Reason
Clear Street
Greg Pendy
Price Target
$12 -> $14
2025-12-04
New
maintain
Buy
Reason
Clear Street analyst Greg Pendy raised the firm's price target on Planet Labs to $14 from $12 and keeps a Buy rating on the shares. The firm is applying a higher multiple to its raised FY28 revenue projection of $445M, up from $422M, ahead of the company's fiscal Q3 earnings report due after market close on December 10.
Citizens JMP
Trevor Walsh
Outperform -> Market Perform
downgrade
2025-10-21
Reason
Citizens JMP
Trevor Walsh
Price Target
2025-10-21
downgrade
Outperform -> Market Perform
Reason
Citizens JMP analyst Trevor Walsh downgraded Planet Labs to Market Perform from Outperform without a price target. The firm cites valuation for the downgrade with the shares up 29% in the past month alone. In addition, at last week's investor day, management provided a "somewhat lackluster" long-term financial outlook despite the material business model shift toward satellite services and additional fleet capacity build-out, the analyst tells investors in a research note. Citizens the day left it "with more questions than answers."
Deutsche Bank
Buy
upgrade
$10 -> $16
2025-10-21
Reason
Deutsche Bank
Price Target
$10 -> $16
2025-10-21
upgrade
Buy
Reason
Deutsche Bank raised the firm's price target on Planet Labs to $16 from $10 and keeps a Buy rating on the shares.
Needham
Buy
maintain
$12 -> $16
2025-10-20
Reason
Needham
Price Target
$12 -> $16
2025-10-20
maintain
Buy
Reason
Needham raised the firm's price target on Planet Labs to $16 from $12 and keeps a Buy rating on the shares. Planet Labs management highlighted the company's strategic focus on satellite service deals and set new financial targets driven by its renewed revenue growth, the analyst tells investors in a research note. Needham models improving fundamentals through FY25 and FY26 as cost controls produce increased profitability.
See All Ratings
Financial AI Agent
Financial AI Agent
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
Preview
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.

Top News

SpaceX Targets $800 Billion Valuation in Secondary Sale

06 Dec 25
news image

U.S. Consumer Sentiment Slightly Improves in December

06 Dec 25
news image

U.S. Consumer Spending Slows in September

06 Dec 25
news image

Netflix Acquires Warner Bros. Assets in $72B Deal

05 Dec 25
news image

Related Articles

Cango Inc. Reports November 2025 Bitcoin Production of 546.76 BTC

15:42 PM
news image

Reasons for Our Lack of Concern Regarding Diaceutics' (LON:DXRX) Cash Burn Issue

15:09 PM
news image

Sigh Up to Get Intellectia Insights

arrow icon

What are the key features of the Pelican-5 and Pelican-6 satellites?

arrow icon

How does NVIDIA's Jetson AI platform enhance Planet Labs' satellite capabilities?

arrow icon

How will the launch of Pelican-5 and Pelican-6 impact Planet Labs' revenue?

arrow icon

What is the expected demand for 30 cm-class resolution satellites in 2026?

arrow icon

How does Planet Labs' imaging resolution compare to competitors in the market?

People Also Watch

Intellectia LogoIntellectiaIntellectia LogoIntellectia

Redefine Your Investment Decisions

TwitterTwitterYoutubeYoutubeQuoraQuoraDiscordDiscordLinkedinLinkedinTelegramTelegram
AppStoreGooglePlay

Copyright © 2025 Intellectia.AI. All Rights Reserved.

pci certified logo
Company
HomeContactAbout UsNews Release
Compare
TradingViewSeeking Alpha
Features
Financial AI AgentStock Technical AnalysisStock MonitorHedge Fund TrackerAI ScreenerDaytrading Center
Strategies
AI Stock PickerSwing TradingStock Chart PatternsEarnings TradingDaytrading CenterAI Earnings PredictionQuant AIWhales Auto TrackerBacktesting Playground
Free Tools
Dividend CalculatorDividend Yield CalculatorOptions Profit Calculator
Resource
BlogTutorialEarningsTrending StocksCrypto MarketPartner ProgramTerms of UsePrivacy PolicySecuritySitemap
Start for Free