Planet Labs' sustained growth supported by its innovation, AI-driven projects and continuous deal wins makes it a lucrative choice for investors.
On a flat to down day for the stock market, space company Planet Labs (PL 5.04%) broke away from the pack and scored gains Tuesday afternoon, after updating investors on the latest refresh of its fleet of Earth observation satellites.
With its emphasis on innovation, AI-driven projects, business strategy and growth potential, PL is a compelling buy for investors.
Planet Labs (PL 4.87%) stock fell along with the rest of the stock market earlier this week, but thanks to some kind words from investment bank Morgan Stanley, the space company is quickly gaining back lost ground.
Does Planet Labs PBC (PL) have what it takes to be a top stock pick for momentum investors? Let's find out.
Planet Labs PBC (PL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Planet Labs (PL -3.44%) stock tumbled 3.9% through 11 a.m. ET Tuesday after reporting mixed Q3 earnings last night.
Planet Labs PBC (NYSE:PL ) Q3 2025 Results Conference Call December 9, 2024 5:00 PM ET Company Participants Chris Genualdi - Vice President, Investor Relations Will Marshall - Co-Founder and Chief Executive Officer Ashley Johnson - President and Chief Financial Officer Conference Call Participants Michael Latimore - Northland Trevor Walsh - JMP Ryan Koontz - Needham & Company Jeff Van Rhee - Craig-Hallum Caleb Henry - Quilty Space Operator Hello everyone. Thank you for attending today's Planet Labs PBC Third Quarter of Fiscal 2025 Earnings Call.
Planet Labs PBC (PL) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.13 per share a year ago.
Micro to mid-cap tech stocks, including Planet Labs, are seeing significant gains, but it's crucial to assess if fundamentals support these increases. Planet Labs shows promising revenue growth and strategic partnerships, particularly in the carbon credit market, but profitability remains a challenge. Despite mixed earnings and high expenses, Planet Labs' strong gross profit margins and low debt-to-capital ratio indicate potential long-term viability.
Planet Labs (PL -0.91%) stock slipped 3% through 9:50 a.m. ET Wednesday on what investors would ordinarily consider good news: another contract announcement.
Earth observation satellite operator Planet Labs (PL 9.