Planet Labs stock finally looks like a solid buy.Earth observation satellite company Planet Labs (PL +34.12%) stock rocketed 32.5% through 11:10 a.m. ET Thursday morning, after beating analyst forecasts for both sales and earnings last night.Heading into the fiscal Q3 2026 report, analysts weren't optimistic, expecting Planet to lose $0.04 per share on $72 million in sales. Instead, Planet broke even -- zero cents lost, zero cents earned -- and scored $81 million in revenue. Planet Labs Q3 earningsPlanet ...

Planet Labs PBC (NYSE:PL) stock is soaring today, up 32.6% to trade at $17.16 at last glance, after the company posted breakeven earnings per share on revenue of $81.3 million, surpassing the estimated losses of 2 cents per share and revenue of $72 million. The satellite imaging and AI-focused data name also raised its 2026 revenue guidance. In response, Wedbush reiterated its "outperform" rating and lifted its price target to $20 from $17. The firm cited strong demand for its AI-enabled applications, calli ...

Core Viewpoint - The U.S. space concept stocks have seen a resurgence, with significant gains in companies like Planet Labs PBC and Destiny Tech100, driven by news of SpaceX's potential IPO and ambitious financial projections [1] Group 1: Stock Performance - Planet Labs PBC (PL.US) surged by 33% [1] - Destiny Tech100 (DXYZ.US) increased by over 10% [1] - EchoStar Corporation (SATS.US) and Rocket Lab (RKLB.US) both rose by more than 4% [1] Group 2: SpaceX IPO Plans - SpaceX plans to conduct an IPO as early as mid-2026, aiming to raise over $30 billion [1] - The company is projected to have a valuation of approximately $1.5 trillion [1] - Funds raised will be allocated for space data centers and chip procurement [1] Group 3: Financial Projections - SpaceX anticipates revenues of $15 billion in 2025 [1] - Expected revenue growth to $22 billion to $24 billion in 2026 [1]

Core Viewpoint - The U.S. space concept stocks have seen a resurgence, with significant gains in companies like Planet Labs PBC and Destiny Tech100, driven by news of SpaceX's potential IPO and its ambitious fundraising plans [1] Group 1: Stock Performance - Planet Labs PBC (PL.US) surged by 33% [1] - Destiny Tech100 (DXYZ.US) increased by over 10% [1] - EchoStar Corporation (SATS.US) and Rocket Lab (RKLB.US) both rose by more than 4% [1] Group 2: SpaceX IPO Plans - SpaceX plans to conduct an IPO as early as mid-2026, aiming to raise over $30 billion [1] - The company is estimated to have a valuation of approximately $1.5 trillion [1] - Funds raised will be allocated for space data centers and chip procurement [1] Group 3: Revenue Projections - SpaceX anticipates revenue of $15 billion in 2025 [1] - Expected revenue growth to $22-24 billion in 2026 [1]

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Core Viewpoint - Planet Labs PBC experienced a significant stock price increase of over 20%, nearing its historical high from October, currently trading at $15.60, following the release of its third-quarter financial results [1] Financial Performance - The company reported third-quarter revenue of $81.3 million, representing a year-over-year growth of 33% [1] - The non-GAAP gross margin for the quarter was 60% [1] - Adjusted EBITDA profit for the quarter was $5.6 million, marking the fourth consecutive quarter of positive adjusted EBITDA [1] - The company achieved positive free cash flow for the third consecutive quarter and expects to maintain positive free cash flow for the entire fiscal year [1] Future Guidance - For the fourth quarter, the company anticipates revenue between $76 million and $80 million, which would be approximately a 27% increase year-over-year based on midpoint calculations [1] - The expected non-GAAP gross margin for the fourth quarter is projected to be between 50% and 52% [1] - Due to further investments in artificial intelligence solutions and next-generation fleet, the company expects an adjusted EBITDA loss between $7 million and $5 million for the fourth quarter [1]

Core Viewpoint - Planet Labs PBC experienced a significant stock price increase of over 20%, nearing its historical high from October, currently trading at $15.60 [1] Financial Performance - The company reported third-quarter revenue of $81.3 million, representing a year-over-year growth of 33% [1] - The non-GAAP gross margin for the quarter was 60% [1] - Adjusted EBITDA profit for the quarter was $5.6 million, marking the fourth consecutive quarter of adjusted EBITDA profitability [1] - The company achieved positive free cash flow for the third consecutive quarter and expects to maintain positive free cash flow for the entire fiscal year [1] Future Guidance - For the fourth quarter, the company anticipates revenue between $76 million and $80 million, which is approximately a 27% increase year-over-year based on midpoint calculations [1] - The expected non-GAAP gross margin for the fourth quarter is projected to be between 50% and 52% [1] - Due to further investments in artificial intelligence solutions and next-generation fleets, the company expects an adjusted EBITDA loss between $7 million and $5 million for the fourth quarter [1]

Earth imager Planet Labs reported fiscal third quarter sales of $81.3 million. Wall Street was looking for $73.5 million. ...

Core Insights - Planet Labs reported impressive 3Q25 results with revenue of approximately $81.3 million, exceeding estimates by $9.3 million, leading to a post-market stock increase of about 16% [1] Financial Performance - The revenue for 3Q25 was approximately $81.3 million, which surpassed analyst expectations by $9.3 million [1] Market Reaction - Following the earnings report, Planet Labs' stock experienced a significant increase of around 16% in post-market trading [1]

Core Insights - Planet Labs PBC reported third-quarter revenue of $81.25 million, exceeding analyst expectations of $71.99 million, leading to a significant rise in share price [1][2] - The company also provided fourth-quarter sales guidance above estimates and raised its FY26 sales guidance, indicating positive growth prospects [1][2] Financial Performance - Third-quarter revenue: $81.25 million, surpassing estimates by approximately 12.5% [2] - Adjusted earnings per share were breakeven, while GAAP earnings showed a loss of $0.19 per share [2] Market Reaction - Planet Labs PBC shares increased by 16.4%, reaching $15.15 in pre-market trading following the earnings report [2]