Earth-imaging and geospatial analytics
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Planet Labs' Financial Performance and Stock Insights
Financial Modeling Prepยท 2025-12-17 06:02
Planet Labs (NYSE:PL) faces a potential decrease in stock price as per National Bank's price target.The company's stock has recently surged by 35% due to a significant increase in its backlog, indicating potential future revenue growth.Despite the surge, concerns about stagnant growth, high expenses, and reliance on government contracts persist among investors.Planet Labs (NYSE:PL), a San Francisco-based company specializing in Earth-imaging and geospatial analytics, is known for its innovative technology t ...