Company Performance - Planet Labs PBC has returned 35.2% year-to-date, outperforming the average gain of 34% in the Computer and Technology group [4] - The Zacks Consensus Estimate for Planet Labs PBC's full-year earnings has increased by 10.8% in the past quarter, indicating improved analyst sentiment [4] - Planet Labs PBC currently holds a Zacks Rank of 1 (Strong Buy), suggesting a strong earnings outlook [3] Industry Context - Planet Labs PBC is part of the Internet - Software industry, which has seen an average gain of 48.9% year-to-date, indicating that Planet Labs PBC is slightly underperforming its industry [6] - The Computer and Technology group, which includes 608 companies, ranks 3 in the Zacks Sector Rank, reflecting a strong overall performance [2] - Another company in the same industry, Twilio, has returned 36% year-to-date and also holds a Zacks Rank of 1 (Strong Buy) [5]
Is Planet Labs PBC (PL) Outperforming Other Computer and Technology Stocks This Year?