On Friday, Benchmark analyst Josh Sullivan reiterated the Buy rating on Planet Labs PBC PL, with a price forecast of $7.
Shares of Planet Labs (PL -11.32%) tumbled 15% through 11:35 a.m. ET Friday after the company reported last night that it had missed earnings forecasts.
Planet Labs experienced a Q4 miss, with revenue $0.33 million below estimates and GAAP EPS 5¢ below expectations, causing a stock drop. Despite commercial sector weakness, defense and intelligence segments grew 20% YoY, and civil government grew 15%, with strong performance in Latin America. The company achieved positive adjusted EBITDA for the first time, signaling progress towards profitability, though GAAP earnings missed expectations.
Planet Labs PBC (NYSE:PL ) Q4 2025 Earnings Conference Call March 20, 2025 5:00 PM ET Corporate Participants Cleo Palmer-Poroner - Investor Relations Will Marshall - Co-Founder and Chief Executive Officer Ashley Johnson - President and Chief Financial Officer Conference Call Participants Colin Canfield - Cantor Fitzgerald Edison Yu - Deutsche Bank Michael Latimore - Northland Jason Gursky - Citi Ryan Koontz - Needham & Company Jeff Van Rhee - Craig-Hallum Trevor Walsh - Citizens Financial Group Josh Sullivan - The Benchmark Company Anthony Valentini - Goldman Sachs & Co. Greg Pendy - Clear Street Markets Caleb Henry - Quilty Space Operator Good afternoon, thank you for attending today's Planet Labs PBC Fiscal Fourth Quarter and Full Year 2025 Earnings Call. My name is Jayla and I'll be your moderator for today.
Planet Labs PBC (PL) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.11 per share a year ago.
Planet Labs (PL -2.91%) stock is on a roll.
Does Planet Labs PBC (PL) have what it takes to be a top stock pick for momentum investors? Let's find out.
Shares of Planet Labs (PL 5.32%) were flying higher on Thursday. The company's stock gained 5.9% as of 2 p.m.
Space company Planet Labs (PL -3.11%) soared in early trading Wednesday, rising more than 14% before plunging back to Earth. As of 11 a.m.
Here is how Planet Labs PBC (PL) and Twilio (TWLO) have performed compared to their sector so far this year.
Satellite imagery firm Planet Labs said on Wednesday it signed a $230 million agreement to build satellites for an unnamed customer in the Asia-Pacific region, clinching its biggest contract yet as the company expands beyond data services.
Artificial intelligence (AI) was a popular sector in 2024, but not all hot stocks were in that field. One tech company operating in outer space saw its share price rise more than 90% over the past year through Jan. 22.