Planet Labs PBC (PL)Industrials | Aerospace & Defense | San Francisco, United States | NYSE
19.98 USD
-1.18
(-5.577%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 20.04 +0.06 (0.275%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:11 a.m. EDT
The investment case for Planet Labs is currently paralyzed by a fundamental disconnect between its explosive recent recovery and its deteriorating operational economics. While the stock has rallied 165% year-over-year, the underlying business remains deeply unprofitable with negative operating margins and a forward P/E that is mathematically undefined due to negligible earnings. This creates a classic 'value trap' scenario where the price has detached from reality, leaving the stock vulnerable to a mean reversion if growth slows even slightly. The short-term outlook is neutral-to-bearish because the recent price action shows weakness relative to moving averages, and the statistical forecasting models offer no directional edge. More concerning is the options activity: the heavy concentration of call open interest at strikes far above the current price (40, 50, 65+) suggests retail speculation is focused on a moonshot scenario rather than a realistic near-term catalyst. This speculative fervence often precedes a sharp correction when the anticipated event fails to materialize. Long-term, the company faces a steep uphill climb. It is burning cash, has no dividend to provide a floor, and carries significant debt relative to its small market cap. While the satellite data business has potential, the current financials do not support a 'buy and hold' thesis without substantial proof of path to profitability. Investors are paying a premium for a story that hasn't yet been validated by the income statement. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.094351 |
| AutoARIMA | 0.153317 |
| AutoETS | 0.153383 |
| MSTL | 0.158702 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 0.26 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.353 |
| Excess Kurtosis | -0.19 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 109.991 |
| Revenue per Share | 1.052 |
| Market Cap | 7,120,922,112 |
| Forward P/E | 6000.00 |
| Beta | 2.12 |
| Profit Margins | -111.17% |
| Website | https://www.planet.com |
As of Aug. 22, 2026, 3:11 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional breakout. Call open interest is heavily skewed toward out-of-the-money strikes (30, 40, 50, 65, 75), creating a 'lottery ticket' profile where traders bet on a massive gap-up event. Conversely, put open interest is concentrated at lower strikes (10, 16, 20), suggesting a hedge against a drop back to the lows. The massive IV spikes at distant strikes indicate the market prices in a binary outcome—either a 2x+ rally or a significant crash—rather than a steady grind higher.
| Attribute | Value |
|---|---|
| 52 Week Change | 2.1819549 |
| Address1 | 645 Harrison Street |
| Address2 | Floor 4 |
| All Time High | 51.76 |
| All Time Low | 1.67 |
| Ask | 20.07 |
| Ask Size | 800 |
| Audit Risk | 3 |
| Average Daily Volume10 Day | 4,388,520 |
| Average Daily Volume3 Month | 10,596,674 |
| Average Volume | 10,596,674 |
| Average Volume10Days | 4,388,520 |
| Beta | 2.123 |
| Bid | 20.08 |
| Bid Size | 200 |
| Board Risk | 6 |
| Book Value | 1.245 |
| City | San Francisco |
| Compensation As Of Epoch Date | 1,798,675,200 |
| Compensation Risk | 8 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 19.98 |
| Current Ratio | 2.806 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 21.1998 |
| Day Low | 19.87 |
| Debt To Equity | 109.991 |
| Earnings Call Timestamp End | 1,788,465,600 |
| Earnings Call Timestamp Start | 1,788,465,600 |
| Earnings Timestamp | 1,788,465,600 |
| Earnings Timestamp End | 1,788,465,600 |
| Earnings Timestamp Start | 1,788,465,600 |
| Ebitda | -51,719,000 |
| Ebitda Margins | -0.1541 |
| Enterprise To Ebitda | -132.99 |
| Enterprise To Revenue | 20.494 |
| Enterprise Value | 6,878,122,496 |
| Eps Current Year | -0.08143 |
| Eps Forward | 0.00333 |
| Eps Trailing Twelve Months | -1.09 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.5832 |
| Fifty Day Average Change | -4.603201 |
| Fifty Day Average Change Percent | -0.18724987 |
| Fifty Two Week Change Percent | 218.19548 |
| Fifty Two Week High | 51.76 |
| Fifty Two Week High Change | -31.779999 |
| Fifty Two Week High Change Percent | -0.6139876 |
| Fifty Two Week Low | 6.255 |
| Fifty Two Week Low Change | 13.724999 |
| Fifty Two Week Low Change Percent | 2.1942444 |
| Fifty Two Week Range | 6.255 - 51.76 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,619,443,800,000 |
| Float Shares | 294,784,093 |
| Forward Eps | 0.00333 |
| Forward P E | 6,000.0 |
| Free Cashflow | 84,853,752 |
| Full Exchange Name | NYSE |
| Full Time Employees | 945 |
| Fullday Change | -1.18 |
| Fullday Change Percent | -5.57656 |
| Fullday Price | 20.035 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.55579 |
| Gross Profits | 186,528,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01363 |
| Held Percent Institutions | 0.85208 |
| Implied Shares Outstanding | 356,402,526 |
| Industry | Aerospace & Defense |
| Industry Disp | Aerospace & Defense |
| Industry Key | aerospace-defense |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,769,817,600 |
| Long Business Summary | Planet Labs PBC engages in the design, construction, and launch of constellations of satellites with the intent of providing high-cadence geospatial data delivered to customers through an online platform in the United States and internationally. The company offers SuperDove satellites to create an always-online scanner for the planet, with the goal of imaging the Earth every day at a ground sampling distance (GSD) resolution of up to 3.5 meters. This combines planet monitoring with other scientific-grade radiometric data from public satellite data programs; and SkySat and Pelican satellites to capture a specified location several times per day, achieving a GSD resolution of up to 50 centimeters after processing, powered by an application programming interface. It also provides Tanager, a hyperspectral imaging satellite that delivers full-spectrum imagery across the visible and shortwave infrared regions, and the Earth Observation platform, which enables customers and partners to access, analyze, and act on its proprietary data catalog by discovering image tasking capacity, relevant data layers, extracting useful information, and delivering insights through custom-built solutions or GIS workflows via APIs and browser-based applications. In addition, the company's satellite services arrangements include designing and manufacturing customer-owned satellites, mission systems engineering, launch procurement, ground station infrastructure, satellite operations, and maintenance, as well as dedicated image tasking capacity on company-owned or customer-owned satellites. It serves agriculture, mapping, energy, forestry, finance, and insurance companies, as well as government agencies. Planet Labs PBC was founded in 2010 and is headquartered in San Francisco, California. |
| Long Name | Planet Labs PBC |
| Market | us_market |
| Market Cap | 7,120,922,112 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_53838219 |
| Most Recent Quarter | 1,777,507,200 |
| Net Income To Common | -373,104,000 |
| Next Fiscal Year End | 1,801,353,600 |
| Non Diluted Market Cap | 7,541,477,449 |
| Number Of Analyst Opinions | 10 |
| Open | 21.08 |
| Operating Cashflow | 132,456,000 |
| Operating Margins | -0.30459 |
| Overall Risk | 9 |
| Payout Ratio | 0.0 |
| Phone | 415 829 3313 |
| Post Market Change | 0.055000305 |
| Post Market Change Percent | 0.2752768 |
| Post Market Price | 20.035 |
| Post Market Time | 1,787,961,575 |
| Previous Close | 21.16 |
| Price Eps Current Year | -245.3641 |
| Price Hint | 2 |
| Price To Book | 16.048193 |
| Price To Sales Trailing12 Months | 21.217722 |
| Profit Margins | -1.11171 |
| Quick Ratio | 2.619 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -1.18 |
| Regular Market Change Percent | -5.57656 |
| Regular Market Day High | 21.1998 |
| Regular Market Day Low | 19.87 |
| Regular Market Day Range | 19.87 - 21.1998 |
| Regular Market Open | 21.08 |
| Regular Market Previous Close | 21.16 |
| Regular Market Price | 19.98 |
| Regular Market Time | 1,787,947,202 |
| Regular Market Volume | 8,235,198 |
| Return On Assets | -0.05868 |
| Return On Equity | -0.83985 |
| Revenue Growth | 0.421 |
| Revenue Per Share | 1.052 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 10 |
| Shares Outstanding | 332,908,730 |
| Shares Percent Shares Out | 0.077800006 |
| Shares Short | 27,742,460 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 32,423,850 |
| Short Name | Planet Labs PBC |
| Short Percent Of Float | 0.0941 |
| Short Ratio | 4.01 |
| Source Interval | 15 |
| State | CA |
| Symbol | PL |
| Target High Price | 53.0 |
| Target Low Price | 25.0 |
| Target Mean Price | 40.1 |
| Target Median Price | 38.0 |
| Total Cash | 730,835,008 |
| Total Cash Per Share | 2.051 |
| Total Debt | 488,035,008 |
| Total Revenue | 335,612,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.09 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 26.7615 |
| Two Hundred Day Average Change | -6.7815 |
| Two Hundred Day Average Change Percent | -0.25340506 |
| Type Disp | Equity |
| Volume | 8,235,198 |
| Website | https://www.planet.com |
| Zip | 94,107 |