Planet Labs PBC (PL) AI Stock Analysis

Planet Labs PBC designs, manufactures, and deploys satellite constellations to provide high-resolution geospatial data through an online platform. The company utilizes proprietary Open Geospatial Consortium technology, operating a cloud-native platform that processes imagery and integrates time series data for analytics. Offering both space-based hardware and software tools, its services support commercial, environmental, and government applications across sectors such as agriculture, mapping, forestry, finance, and insurance. Founded in 2010 and based in San Francisco, California, the company focuses on delivering frequent satellite imagery to support decision-making and operational efficiency globally.

Planet Labs expanded revenue at a 5-year CAGR of 22.1% from FY2021 to FY2026. Annual revenue grew from $131.2M in FY2022 to $307.7M in FY2026, marking 25.9% growth in FY2026. Gross margin rose from 36.8% in FY2022 to 56.1% in FY2026. Operating margins have remained negative, ending FY2026 at -30.9% compared to -97.6% in FY2022. Net loss widened to -$246.9M in FY2026, down from -$123.2M in FY2025. In the latest quarter ended July 31, 2026, quarterly revenue increased 58.1% year-over-year, while trailing twelve-month revenue reached $378.3M with an operating margin of -12.0%.

As of July 31, 2026, Planet Labs held $865.4M in cash and short-term investments alongside total debt of $448.3M, leaving net cash of $417.2M. Total assets stood at $1.43B and shareholders' equity was $564.4M, resulting in a current ratio of 2.84 and a debt-to-equity ratio of 0.79. For FY2026, the company generated $134.4M in operating cash flow and $57.6M in free cash flow, after spending $76.7M on capital expenditures. Share count has expanded 662.9% over five years.

Planet Labs holds an enterprise value of $5.59B and a market capitalization of $4.93B. The stock trades at a price-to-sales ratio of 13.0x and an EV-to-revenue ratio of 14.8x, compared to the median price-to-sales ratio of 1.5x for US-listed Industrials peers. Planet Labs shares closed at $13.56 on October 16, 2026, down 31.2% year-to-date and 50.1% below their 200-day moving average. Over the trailing 1-year and 5-year periods, the stock gained 2.5% and 36.3%, trailing the S&P 500 benchmark returns of 16.8% and 83.0%.

Consensus ratings include 6 Strong Buys, 1 Buy, and 5 Holds, with no Sell ratings. The mean price target is $30.27, representing a 123.2% premium over the last close of $13.56. Analysts forecast FY2027 revenue of $437.7M with EPS of -$0.06. For the fiscal year ending January 31, 2028, consensus expects revenue of $570.5M and EPS of -$0.00 across 8 analysts. Planet Labs beat EPS estimates in 2 of the trailing 4 quarters. The next earnings date is December 9, 2026.

This page is an AI-written research summary of Planet Labs PBC (PL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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