The Bull Case For Planet Labs (PL) Could Change Following AI-Enabled Satellite Launches and Enhanced Imaging Capabilities

• Planet Labs PBC recently announced the successful launch and initial commissioning of its AI-enabled Pelican-3 and Pelican-4 satellites aboard a SpaceX Falcon 9 rocket from California, now joining their expanding next-generation earth observation fleet.
• These satellites feature up to 40 cm class imagery resolution across six multispectral bands, leveraging NVIDIA Jetson AI platforms for fast on-orbit data processing, which further strengthens Planet Labs' technical leadership in rapid earth insights delivery.
• We will now explore how advancing AI-powered satellite capabilities could influence Planet Labs' growth and future investment narrative.

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Planet Labs PBC Investment Narrative Recap

To be a shareholder in Planet Labs PBC, you need to believe that the company’s move to expand its high-resolution, AI-enabled satellite fleet positions it at the forefront of earth observation and rapid insights delivery, potentially driving higher-value, recurring revenue from large clients. While the successful Pelican-3 and Pelican-4 launch demonstrates strong execution and may reinforce near-term technical leadership, the most important short-term catalyst remains customer adoption and contract wins, while the key risk continues to be the substantial capital required for satellite expansion and the resulting pressure on cash flow, this news does not materially alter either of these near-term drivers.

Of the recent announcements, Planet Labs’ fully operational Pelican and Tanager production line (July 29, 2025) is especially relevant to the satellite launch, confirming the company’s ability to deliver new capacity as customer requirements evolve. This is closely tied to how expanding capabilities could help secure further high-value contracts, potentially accelerating the shift to higher-margin, solution-based sales, which remains central to the stock’s current investment appeal.

However, it is important that investors do not overlook the contrasting risk that, while technical progress has been rapid, operational expansion could still leave the company exposed to short-term cash flow pressures if revenue growth or contract wins do not keep pace with…

Read the full narrative on Planet Labs PBC (it's free!)

Planet Labs PBC's narrative projects $409.3 million in revenue and $29.2 million in earnings by 2028. This requires 17.8% annual revenue growth and a $135.7 million increase in earnings from -$106.5 million currently.

Uncover how Planet Labs PBC's forecasts yield a $7.16 fair value, a 8% upside to its current price.

Exploring Other Perspectives

Simply Wall St Community members estimate Planet Labs’ fair value between US$4.20 and US$11.31 across four independent views. As the company continues scaling its satellite fleet, opinions differ widely on near-term returns and the importance of ongoing contract momentum, explore several viewpoints before deciding for yourself.

Explore 4 other fair value estimates on Planet Labs PBC - why the stock might be worth 37% less than the current price!

Build Your Own Planet Labs PBC Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Planet Labs PBC research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.
• Our free Planet Labs PBC research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Planet Labs PBC's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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