Planet Labs Stock Hits Record High After Strong Q3

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 ...