PL Q1 Earnings Call Highlights Defense and AI Push
Planet Labs ties defense momentum to an AI push as Q1 FY27 revenues hit a record $94.2M, backlog tops $906M, and full-year sales outlook rises.
Wedbush makes a strong case for buying the dip in Planet Labs stock
San Francisco-headquartered Planet Labs (PL) tanked on Friday morning after the company issued full-year guidance that disappointed some growth-hungry investors. The satellite imagery specialist posted a record Q1 revenue of $94.2 million and scaled its backlog further, but structural margin adjustments and capital allocations underwhelmed short-term traders.
Should You Buy, Sell or Hold Planet Labs Stock Post Q1 Earnings?
PL delivers record Q1 revenues and a bigger backlog, but losses persist. The company also guided a strong FY 2027.
Planet Labs beats Q1 estimates as defense revenue surges, shares fall on outlook
Planet Labs (NYSE:PL) reported first-quarter fiscal 2027 revenue and earnings above Wall Street estimates on Friday, with its defense and intelligence segment growing more than 65% year-over-year, though shares fell more than 19% in morning trading. The satellite imagery company posted revenue of $94.2 million for the quarter, up 42% from a year earlier and ahead of analyst estimates of $90 million and the company's own guidance range of $87 million to $91 million.
Planet Labs PBC (PL) Q1 2027 Earnings Call Transcript
Planet Labs PBC (PL) Q1 2027 Earnings Call Transcript
Planet Labs PBC (PL) Reports Q1 Loss, Beats Revenue Estimates
Planet Labs PBC (PL) came out with a quarterly loss of $0.03 per share in line with the Zacks Consensus Estimate. This compares to break-even earnings per share a year ago.
Here's How to Play Planet Labs Stock Before Q1 Earnings
PL is set to report Q1 earnings on June 4 with expected $89.8M revenue (+35.5%) but a loss of 3 cents.
Planet Labs Stock Orbits Record Highs Ahead of Earnings
Planet Labs (NYSE:PL) is trading in record territory ahead of earnings due out after Thursday's close, June 4.
Planet Labs stock price surge put to the test as earnings loom
Planet Labs (NYSE: PL) stock has been firing on all cylinders and has continued to beat most companies in the space industry. It has jumped by 695% in the last 12 months and by 135% this year.
Intuitive Machines Rallies 9%, Rocket Lab and Planet Labs Decline in Space Stock Divergence
Shares of Intuitive Machines (NASDAQ:LUNR) are up 9% in mid-morning trading Thursday, while Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) stock is down 3% and Planet Labs (NYSE:PL) stock is lower by 2%.
Is Planet Labs Moving Closer to Sustainable Profitability?
PL nears profitability with strong 2026 guidance, leaning on efficiency, tighter costs and higher-margin analytics and software integration.
Planet Labs Surges 88% YTD: Time to Add the Stock for Better Returns?
Planet Labs is up 87.5% YTD and is trading above key SMAs. However, a premium valuation and continued losses temper its $900M backlog and FY2027 guidance.
