Planet Labs PBC (PL)Industrials | Aerospace & Defense | San Francisco, United States | NYSE
25.56 USD
-0.40
(-1.541%) ⇩
(July 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:50 a.m. EDT
The investment case for Planet Labs is currently paralyzed by a stark contradiction between its explosive recent recovery and its historically broken business model. Fundamentally, the company is still bleeding cash with negative operating margins and a forward P/E that is mathematically undefined due to negligible earnings. While revenue growth of 42% is impressive, the market has punished the stock for four consecutive years of decline prior to the latest rally, leaving it trading at a massive premium to sales despite the lack of profitability. The recent price action shows a volatile rebound, but the balance sheet remains fragile with debt exceeding cash reserves. Short-term, the stock is caught in a tug-of-war. Technicals show it hovering near its 200-day average, but the sheer volume of options activity at the $40 strike suggests institutional sellers are ready to defend that level, capping upside potential. The statistical forecasting models are useless here, offering virtually no directional guidance amidst the noise. Long-term, the thesis hinges entirely on whether Planet Labs can transition from a capital-intensive hardware builder to a profitable software-as-a-service provider. Until operating margins turn positive and the path to profitability becomes clear, the 'value' of buying at current prices is questionable. The stock is a high-risk speculative play on a turnaround story, not a stable compounder. Investors should wait for confirmation of sustained profitability before adding meaningful weight. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.193160 |
| AutoARIMA | 0.193160 |
| MSTL | 0.193821 |
| AutoTheta | 0.257898 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 30% |
| H-stat | 9.02 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.172 |
| Excess Kurtosis | -1.33 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 109.991 |
| Revenue per Share | 1.052 |
| Market Cap | 9,109,648,384 |
| Forward P/E | 7675.68 |
| Beta | 2.07 |
| Profit Margins | -111.17% |
| Website | https://www.planet.com |
As of July 11, 2026, 3:50 a.m. EDT: Speculators are positioning for continued volatility rather than a clear directional breakout. Call Open Interest builds significantly at $40 and $44 strikes, suggesting a ceiling or resistance level, while Put Open Interest remains heavy at lower strikes ($20-$24), indicating a floor. The dominance of Out-of-the-Money (OTM) contracts suggests traders expect large swings but are not heavily betting on an immediate surge to the $50+ targets implied by some analyst consensus, nor are they capitulating entirely on a crash to the lows.
| Attribute | Value |
|---|---|
| 52 Week Change | 2.9627907 |
| Address1 | 645 Harrison Street |
| Address2 | Floor 4 |
| All Time High | 51.76 |
| All Time Low | 1.67 |
| Ask | 26.0 |
| Ask Size | 700 |
| Audit Risk | 3 |
| Average Analyst Rating | 2.0 - Buy |
| Average Daily Volume10 Day | 8,844,820 |
| Average Daily Volume3 Month | 12,818,944 |
| Average Volume | 12,818,944 |
| Average Volume10Days | 8,844,820 |
| Beta | 2.067 |
| Bid | 25.7 |
| Bid Size | 600 |
| 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 | 25.56 |
| Current Ratio | 2.806 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 26.8 |
| Day Low | 25.41 |
| Debt To Equity | 109.991 |
| Earnings Call Timestamp End | 1,780,606,800 |
| Earnings Call Timestamp Start | 1,780,606,800 |
| Earnings Timestamp | 1,780,603,200 |
| Earnings Timestamp End | 1,780,603,200 |
| Earnings Timestamp Start | 1,780,603,200 |
| Ebitda | -51,719,000 |
| Ebitda Margins | -0.1541 |
| Enterprise To Ebitda | -171.443 |
| Enterprise To Revenue | 26.42 |
| Enterprise Value | 8,866,848,768 |
| Eps Current Year | -0.08143 |
| Eps Forward | 0.00333 |
| Eps Trailing Twelve Months | -1.14 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 35.8746 |
| Fifty Day Average Change | -10.3146 |
| Fifty Day Average Change Percent | -0.2875182 |
| Fifty Two Week Change Percent | 296.27908 |
| Fifty Two Week High | 51.76 |
| Fifty Two Week High Change | -26.199999 |
| Fifty Two Week High Change Percent | -0.5061824 |
| Fifty Two Week Low | 5.87 |
| Fifty Two Week Low Change | 19.689999 |
| Fifty Two Week Low Change Percent | 3.354344 |
| Fifty Two Week Range | 5.87 - 51.76 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,619,443,800,000 |
| Float Shares | 294,402,743 |
| Forward Eps | 0.00333 |
| Forward P E | 7,675.676 |
| Free Cashflow | 84,853,752 |
| Full Exchange Name | NYSE |
| Full Time Employees | 945 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.55579 |
| Gross Profits | 186,528,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01427 |
| Held Percent Institutions | 0.81561995 |
| 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 | 9,109,648,384 |
| Market State | PRE |
| 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 | 9,252,209,574 |
| Number Of Analyst Opinions | 10 |
| Open | 26.18 |
| Operating Cashflow | 132,456,000 |
| Operating Margins | -0.30459 |
| Overall Risk | 9 |
| Payout Ratio | 0.0 |
| Phone | 415 829 3313 |
| Pre Market Change | 0.11800003 |
| Pre Market Change Percent | 0.46165898 |
| Pre Market Price | 25.678 |
| Pre Market Time | 1,784,116,133 |
| Previous Close | 25.96 |
| Price Eps Current Year | -313.88922 |
| Price Hint | 2 |
| Price To Book | 20.53012 |
| Price To Sales Trailing12 Months | 27.143393 |
| Profit Margins | -1.11171 |
| Quick Ratio | 2.619 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.0 |
| Region | US |
| Regular Market Change | -0.4 |
| Regular Market Change Percent | -1.54083 |
| Regular Market Day High | 26.8 |
| Regular Market Day Low | 25.41 |
| Regular Market Day Range | 25.41 - 26.8 |
| Regular Market Open | 26.18 |
| Regular Market Previous Close | 25.96 |
| Regular Market Price | 25.56 |
| Regular Market Time | 1,784,059,202 |
| Regular Market Volume | 5,309,063 |
| Return On Assets | -0.05868 |
| Return On Equity | -0.83985 |
| Revenue Growth | 0.421 |
| Revenue Per Share | 1.052 |
| Sand P52 Week Change | 0.2043345 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 10 |
| Shares Outstanding | 332,908,730 |
| Shares Percent Shares Out | 0.105900005 |
| Shares Short | 37,734,450 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 34,287,738 |
| Short Name | Planet Labs PBC |
| Short Percent Of Float | 0.128 |
| Short Ratio | 2.06 |
| 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 | -1.14 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 25.36855 |
| Two Hundred Day Average Change | 0.19145012 |
| Two Hundred Day Average Change Percent | 0.007546751 |
| Type Disp | Equity |
| Volume | 5,309,063 |
| Website | https://www.planet.com |
| Zip | 94,107 |