PL
$33.83+6.87 (+25.48%)
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 the United States and internationally.
Recent News
Planet Labs Revenue Record And AI Push Meet Stretch Valuation Concerns
Planet Labs PBC (NYSE:PL) reports record quarterly and annual revenue alongside breakeven adjusted EPS. The company highlights a significantly larger contracted backlog, including sizeable new government agreements. Planet introduces next generation AI powered satellite capabilities built on an expanded partnership with NVIDIA. New offerings include real time GPU based imagery processing, generative AI super resolution, and semantic global search tools. Planet Labs operates a large Earth...
Planet Labs Jumps 23% After Hours as Its $900M Backlog Finally Gets Wall Street’s Attention
Planet Labs (NYSE:PL), a leading provider of global, daily satellite imagery and geospatial solutions, saw its shares jump 23% after hours on March 19 after the company posted its largest quarterly revenue ever and a backlog that now exceeds its entire annual revenue. Moving into the following day, shares surged 29% on March 20 after ... Planet Labs Jumps 23% After Hours as Its $900M Backlog Finally Gets Wall Street’s Attention
Planet Labs price target raised to $40 from $20 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Planet Labs (PL) to $40 from $20 and keeps an Overweight rating on the shares. Despite extended valuations heading into a potential risk-off backdrop, Planet Labs’ fundamentals are strengthening, supported by accelerating government demand, tech-driven compute and graphics optionality, and expanding commercial adoption in financials and agriculture, which should enhance free cash flow durability, the analyst tells investors in a research note.C
Why Planet Labs Stock Popped Today
Investors are celebrating the satellite leader's "transformational year."
Stock Market Today, March 20: Planet Labs Surges After Record Revenue and Upbeat Guidance
Record revenue, a swelling backlog, and new AI initiatives are redefining this satellite-imagery player’s trajectory, today, March 20, 2026.