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 ...

Key Takeaways PL's revenue model is supported by subscriptions and usage-based contracts with government clients.A $734.5M backlog at PL marks 216% year-over-year growth, enhancing long-term revenue visibility.PL projects Q4 revenues of $76M-$80M, signaling about 27% year-over-year growth at the midpoint.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 ...