Key Takeaways PL views sales and marketing as critical to educating markets and driving long-term adoption.Sales and marketing make up 30% of total expenses and are set to rise as PL expands products and markets.PL shares are up 331.9% in a year, but its price-to-sales ratio far exceeds the industry average.For Planet Labs (PL) , the sales and marketing expenses are an important driver determining profitability, operational efficiency and long-term growth. Planet Labs operates in a technologically complex a ...

"Company†), a leading provider of daily data and insights about change on Earth, today announced financial results for the period ended October 31, 2025. "We delivered a strong third quarter, marked by continued momentum in the business, accelerated revenue growth, and excellent progress on our profitability goals. We're seeing strong traction with our AI-enabled global monitoring solutions, demonstrated by our recent a...[Back to Newsroom]## Wish your news had this kind of reach?[Sign Up][Learn About Bus ...

Key Takeaways PL stock has jumped 402.4% in a year, outpacing its sector, industry and the S&P 500 composite.Strong subscription growth, a $734.5M backlog and government demand support revenue visibility.Despite gains, PL remains unprofitable with high costs and a price-to-sales ratio far above industry norms.Shares of Planet Labs (PL) have gained 402.4% in a year, outperforming the industry, its sector as well as the Zacks S&P 500 composite. Planet Labs is a leading provider of Earth-imaging data and geosp ...

Core Insights - Planet Labs has signed a significant nine-figure multiyear deal with the Swedish Armed Forces, highlighting the importance of real-time Earth data for various applications including defense and climate monitoring [1][3] - The company's stock has seen substantial growth, increasing by 28% year-to-date and 468% over the past year, driven by strong quarterly earnings and the recent military contract [2][4] Financial Performance - In the third quarter of fiscal 2026, Planet Labs reported record revenue of $81 million, with a backlog of $734 million, reflecting a year-over-year growth of 216% [4] - The company has over 80% of its contracts as multiyear agreements, indicating a stable revenue growth trajectory for the coming years [4][6] - Planet Labs is improving its financials by slowing cash burn and achieving positive adjusted EBITDA, with potential for GAAP profitability in the near to intermediate term [7] Market Position and Strategy - Planet Labs operates on a subscription model, providing clients with access to satellite data, and has secured three major satellite services contracts in the past year [3] - The company’s strengths include multiyear government contracts and the ability to deliver real-time Earth imagery, along with AI-driven insights that are machine-learning-ready [6] Risks and Challenges - Geopolitical instability can both drive demand for satellite data and pose risks, as seen with negative stock responses during heightened tensions among allies [5] - The high costs associated with building, launching, and maintaining satellites present a financial risk, particularly if key contracts do not materialize [8] - The sales cycle for acquiring new enterprise-level customers is slow and challenging, which could impact future revenue growth [8]

Core Viewpoint - Planet Labs' stock has experienced a significant decline of approximately 10% this week, despite a remarkable 487% increase over the past year, driven by strong earnings growth and a partnership with Alphabet for AI data centers [1][2][3]. Financial Performance - The latest quarterly earnings report showed a revenue increase of 33% year-over-year, reaching $81 million, while the company's backlog surged by 216% to $734 million, indicating strong demand for its satellite imaging services [3]. - The current market capitalization of Planet Labs stands at $8.33 billion, with a price-to-sales (P/S) ratio of 28, raising concerns about the stock's valuation relative to its revenue [5]. Market Dynamics - The recent stock decline is attributed to broader market momentum shifts and specific events, including the resolution of Greenland-focused tariffs and an insider sale by the CFO, who sold $4 million worth of stock, which may signal negative sentiment among investors [4]. - Despite the recent dip, the stock remains at a premium price, and analysts suggest caution before investing, as the company is not yet profitable [7][9].

Core Insights - Planet Labs (PL) emphasizes research and development (R&D) as a key driver of long-term growth and competitiveness, operating the largest fleet of Earth-observation satellites globally [1] R&D Investment - R&D expenses are classified as costs related to advancing technology, platform development, and new product iterations, accounting for 41% of revenues in fiscal 2025 [2][9] - Continuous innovation in satellite hardware, launch cadence, data infrastructure, and analytics software is essential for maintaining competitive advantage [3] - R&D spending is expected to increase, enhancing product differentiation and pricing power while lowering unit costs and extending satellite lifetimes [4][5] Competitive Landscape - R&D is crucial for the long-term competitiveness of peers like Rocket Lab (RKLB) and BlackSky Technology (BKSY), with Rocket Lab focusing on launch reliability and next-gen vehicles, and BlackSky enhancing imaging and analytics capabilities [6][7] Financial Performance - PL's stock has gained 494.2% over the past year, outperforming the industry [8] - The stock is currently overvalued, trading at a price-to-sales multiple of 22.16, significantly higher than the industry average of 2.39 [10] Earnings Estimates - There has been no movement in the Zacks Consensus Estimate for PL's fiscal fourth-quarter 2026 and fiscal first-quarter 2027 EPS over the last 30 days, with estimates indicating year-over-year increases for fiscal 2026 and 2027 [11][12]

We recently published 10 Stock Winners Shocking Wall Street. Planet Labs PBC (NYSE:PL) was one of the top performers last week. Planet Labs saw its share prices jump by 26.7 percent week-on-week as investors took path from a new “nine-figure” deal with the Swedish Armed Forces for the supply of satellites to support security operations. Under the agreement, Planet Labs PBC (NYSE:PL) would deliver a suite of satellites and space-based data and awareness solutions for the Swedish Armed Forces for multiple ...

Key Takeaways PL remains unprofitable due to ongoing R&D, satellite upgrades, and high operating costs.PL targets AI-driven analytics and large government contracts to fuel future commercial growth.Despite losses, PL has soared 431.4% in a year, outperforming peers like RKLB and BKSY.Planet Labs (PL) is a leading provider of Earth-imaging data and geospatial analytics, operating the largest fleet of Earth-observation satellites globally. The company primarily generates revenues through fixed-price subscript ...

Core Insights - Planet Labs' shares surged 24.5% this week, with a remarkable increase of over 600% in the past year, driven by a new contract with Sweden and an analyst upgrade [1][3][4] Group 1: Recent Developments - Planet Labs signed a contract with Sweden worth over $100 million for military imaging services, contributing to a backlog growth of over 200% to $734 million [3] - The company is involved in a project with Alphabet called Project Suncatcher, which aims to explore AI data centers in space [4] Group 2: Financial Performance - Planet Labs has a market capitalization of approximately $9 billion and is now cash flow positive, reporting free cash flow of $35 million over the last twelve months [6] - The company's revenue for the last twelve months was $282 million, resulting in a trailing price-to-sales ratio of 32, indicating a high valuation relative to its revenue [7]

We came across a bullish thesis on Planet Labs PBC on Student of Value’s Substack by Student. In this article, we will summarize the bulls’ thesis on PL. Planet Labs PBC's share was trading at $25.32 as of January 13th. Intuitive Machines (LUNR) Climbs 37.7% on Bullish Coverage, PT Upgrade Planet Labs has rapidly transformed from a satellite imagery provider into an AI infrastructure play, driven by a combination of record backlog growth, AI integration, and strategic partnerships. Following its FY26-Q3 ...