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Planet Labs PBC NYSE:PL Stock Report

Last Price

US$1.76

Market Cap

US$506.2m

7D

-15.0%

1Y

-58.0%

Updated

18 Apr, 2024

Data

Company Financials +

PL Stock Overview

Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide.

PL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Planet Labs PBC Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Planet Labs PBC
Historical stock prices
Current Share PriceUS$1.76
52 Week HighUS$5.00
52 Week LowUS$1.71
Beta0.79
1 Month Change-25.42%
3 Month Change-16.59%
1 Year Change-58.00%
3 Year Changen/a
5 Year Changen/a
Change since IPO-82.22%

Recent News & Updates

Recent updates

Planet Labs: At The Heart Of The Emerging New Space Boom

Feb 20

Planet Labs: Market Leader With Strong Growth Tailwinds

Dec 27

The Prognosis For Planet Labs

Nov 16

Planet Labs Q2 Earnings Review: Sluggish Growth Could Continue This Year

Sep 11

Planet Labs: A Strong Balance Sheet And Future Prospects Make It A Buy

Jul 11

Planet Labs: Time To Buy Or A Sinking Ship? (Upgrade To Hold)

Jun 12

Planet Labs: Massive SBCs And Profitability Still Far Away

May 26

Planet Labs PBC (NYSE:PL) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Dec 18
Planet Labs PBC (NYSE:PL) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Planet Labs Q3 2023 Earnings Preview

Dec 13

Planet Labs: Disrupting The Legacy Space Observatory Industry

Nov 02

Planet Labs: Growth Story Remains Intact

Sep 29

Planet Labs: Q1 Recap And Thoughts On Q2

Sep 11

Planet Labs: Wait Until Profitability Is In Sight

Jul 06

Planet Labs: Fast Growing But Unprofitable - Can It Rebound?

May 02

Planet Labs: Earth Data For Everything

Feb 19

Potential Takeoff For Planet Labs

Dec 15

Shareholder Returns

PLUS Professional ServicesUS Market
7D-15.0%-3.8%-3.7%
1Y-58.0%4.8%20.2%

Return vs Industry: PL underperformed the US Professional Services industry which returned 5.6% over the past year.

Return vs Market: PL underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is PL's price volatile compared to industry and market?
PL volatility
PL Average Weekly Movement8.3%
Professional Services Industry Average Movement5.1%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: PL's share price has been volatile over the past 3 months.

Volatility Over Time: PL's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20101,170Will Marshallwww.planet.com

Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company’s platform offers planet monitoring, basemap, tasking, apps, and application programming interfaces, as well as analytics and planetary variables. It serves agriculture, mapping, energy, forestry, finance and insurance companies, and government agencies.

Planet Labs PBC Fundamentals Summary

How do Planet Labs PBC's earnings and revenue compare to its market cap?
PL fundamental statistics
Market capUS$506.22m
Earnings (TTM)-US$140.51m
Revenue (TTM)US$220.70m

2.3x

P/S Ratio

-3.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PL income statement (TTM)
RevenueUS$220.70m
Cost of RevenueUS$106.92m
Gross ProfitUS$113.78m
Other ExpensesUS$254.29m
Earnings-US$140.51m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.49
Gross Margin51.56%
Net Profit Margin-63.67%
Debt/Equity Ratio0%

How did PL perform over the long term?

See historical performance and comparison
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