PL
PLANET LABS-A (PL)
NYSE
$28.43-$0.34 (-1.20%)
Price as of Jun 23, 2026 4:18 PM EDT
  • $9.6B
    Market Cap
  • 442.83%
    1-Year Change
  • Aerospace & Defense
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 79
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

4 Space Stocks to Load Up On While SpaceX Gets All the Attention

While SpaceX dominates headlines following its IPO, four smaller public space companies—Rocket Lab, Planet Labs, Intuitive Machines, and Redwire—are building critical infrastructure and capabilities in the space economy. These companies are securing NASA contracts, achieving profitability milestones, and positioning themselves in defense and AI markets, though each carries execution risks.

06/19/2026, 12:15 PMThe Motley Fool

Tired of the SpaceX IPO Hype? Here Are 3 Space Economy Stocks to Buy Instead.

Rather than investing in SpaceX's upcoming IPO, which historically presents a poor entry point, the article recommends three alternative space economy stocks: Rocket Lab (strong revenue and earnings growth), Planet Labs (satellite imaging with recent stock dip opportunity), and L3Harris (aerospace propulsion provider). An ETF alternative, Ark Space Exploration & Innovation ETF (ARKX), offers diversified exposure to the growing space sector.

06/12/2026, 7:30 AMThe Motley Fool

SpaceX IPO Looms Ahead And These Rocket Stocks Are Popping: Here's What Is Going On With SPCE, ASTS, RKLB, LUNR And PL Overnight

Space-related stocks rallied in after-hours trading as SpaceX prepared for its Nasdaq debut on Friday at $135 per share under ticker SPCX. With no direct pure-play alternative available, traders rotated into publicly listed space companies including SPCE, ASTS, RKLB, PL, and LUNR. Beyond broad sector momentum, several stocks had company-specific catalysts: AST SpaceMobile's BlueBird satellite launch confirmed for June 17, Rocket Lab's Nasdaq-100 inclusion, Intuitive Machines' NASA partnerships, Virgin Galactic's balance sheet strengthening, and Planet Labs' earnings beat.

06/12/2026, 1:52 AMBenzinga

Planet Labs Stock Skyrockets Ahead Of SpaceX's Friday IPO

Planet Labs (PL) shares surged 9.18% as investors seek public market exposure to the space sector ahead of SpaceX's anticipated IPO, which is expected to value the company at $1.75 trillion. The broader space industry, including AST SpaceMobile and Rocket Lab, is also benefiting from increased sector attention. However, technical indicators show cooling momentum with MACD below its signal line, and the stock remains in a short-term downtrend despite the bounce.

06/11/2026, 2:47 PMBenzinga

Houston, We Have A Rally: Space Stocks Pop Ahead Of SpaceX Debut

Space sector stocks surged Thursday ahead of SpaceX's historic Nasdaq IPO debut Friday. SpaceX is pricing at $135 per share, targeting a $75 billion raise and $1.78 trillion valuation—the largest IPO in history. Momentum Inc. led gains at 28%, while Virgin Galactic jumped 22.6%. Other space stocks including Intuitive Machines, Rocket Lab, and AST SpaceMobile also rallied as investors rotated into space-themed names lacking direct SpaceX exposure.

06/11/2026, 2:17 PMBenzinga

Every Space Stock Just Got a Yardstick

SpaceX's upcoming IPO at approximately $135 per share will establish the first major public valuation benchmark for the commercial space sector, triggering a broad re-rating across all space stocks. Simultaneously, the Russell 3000 Index reconstitution is adding space companies including Starfighters Space, signaling mainstream market acceptance of the orbital economy and potentially redistributing capital across the sector's diverse players.

06/11/2026, 9:05 AMBenzinga

Planet Labs: Coming Back Down to Earth

Planet Labs delivered strong Q1 earnings with 42% YoY revenue growth to $94.2M and a $906M backlog, but the stock plunged 25% post-earnings as investors reassess valuations. The company's high price-to-sales and price-to-book multiples reflect momentum trading rather than fundamentals, with the SpaceX IPO excitement fading as the primary catalyst. While Planet Labs has real government contracts and solid execution, retail investors treating it like a meme stock create valuation risks.

06/08/2026, 9:43 AMInvesting

Forget the SpaceX IPO: 3 AI Space Stocks to Buy and Hold Instead

While SpaceX prepares for its IPO at a steep $1.77 trillion valuation (95x sales), three alternative AI space stocks offer better value: Planet Labs (Earth imaging, 42% revenue growth), BlackSky (high-resolution defense imaging, $160M in new contracts), and Redwire (space infrastructure, 58% revenue growth). All three trade at significantly lower valuations than SpaceX.

06/08/2026, 3:27 AMThe Motley Fool

Why Planet Labs Stock Is Plummeting Lower This Week

Planet Labs stock fell 35% this week following Q1 earnings and a $1.5 billion equity offering announcement. While Q1 results were solid, the market had priced the stock for perfection after an eightfold rise over the past year. The equity offering could dilute shareholders by 9%, though management is capitalizing on the elevated share price. Despite the decline, the company remains fundamentally sound with innovative AI-powered satellite imaging technology, but trades at a lofty 32x sales valuation.

06/05/2026, 1:20 PMThe Motley Fool

Why Planet Labs Stock Is Plummeting Today

Planet Labs stock dropped 18.7% despite posting better-than-expected Q1 earnings and raising full-year guidance. The selloff is driven by broader concerns including an upcoming SpaceX IPO, last week's Blue Origin rocket explosion, and fears that strong job growth will prompt the Federal Reserve to raise interest rates, pressuring growth-dependent stocks.

06/05/2026, 10:07 AMThe Motley Fool

Why Planet Labs Stock Zoomed Higher in May

Planet Labs stock surged 38.3% in May, driven by anticipation of strong earnings, deployment of advanced AI-equipped Pelican satellites, new government contracts, and broader enthusiasm for space economy stocks. However, the stock's 991% year-long rally has resulted in an expensive valuation (P/S ratio of 43.5x), prompting analysts to caution against chasing the stock after such dramatic gains.

06/05/2026, 8:32 AMThe Motley Fool

Space Stocks Bleed: Redwire, Momentus Down More Than 20% As SpaceX IPO Fatigue Hits

The space sector experienced significant losses this week as multiple space stocks declined sharply. Virgin Galactic's short squeeze collapsed, dropping 30.58%, while Redwire fell 24.22% and Momentus declined 22.14%. The selloff was driven by SpaceX IPO fatigue after the company reduced its valuation target from $2 trillion to $1.75 trillion, with pricing set for June 11 at $135 per share.

06/04/2026, 9:34 AMBenzinga

Want Exposure to SpaceX? These 2 ETFs May Be the Ticket.

With SpaceX's anticipated IPO potentially being the largest ever at nearly $2 trillion valuation, investors seeking exposure to the company may consider space-focused ETFs like Ark Space & Defense Innovation (ARKX) and Procure Space ETF (UFO) as lower-risk alternatives to buying SpaceX shares directly. Both ETFs have shown strong performance and are likely candidates to add SpaceX to their portfolios.

06/02/2026, 4:02 AMThe Motley Fool

Earnings Volatility Watch: 10 Stocks Set For Big Moves This Week, From Nuclear Power To Whiskey Maker

Options markets are pricing significant implied moves between 15.92% and 21.71% across 10 stocks reporting this week, spanning AI infrastructure suppliers, nuclear power, cybersecurity, and consumer staples. The largest moves are expected for Netskope (21.71%), Brown-Forman (20.51%), and Planet Labs (18.95%), with major mega-cap companies like Broadcom, CrowdStrike, and Palo Alto Networks also reporting amid continued AI infrastructure demand.

06/01/2026, 3:15 PMBenzinga

Small Satellite Market Size to Worth USD 32.71 Billion by 2035 | Research by SNS Insider

The global small satellite market is expected to expand at a CAGR of 16.58% through 2035, driven by massive investments in LEO satellite constellations for broadband internet and Earth observation. North America leads the market with the U.S. accounting for 84% of regional revenues, while Asia-Pacific is projected as the fastest-growing region. Key growth drivers include addressing the digital divide affecting 2.6 billion people without internet access and increasing government defense spending on satellite technology.

06/01/2026, 3:30 AMGlobeNewswire

Peers

Statistics

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Day Range
$26.71
$29.14
$28.77
1-Year Range
$5.30
$51.40
$28.77
Latest Close$28.77
Change
+$0.54 (+1.88%)
Volume15,233,074
Market Cap$9.6B
Shares Outstanding332.9M
P/E (TTM)-24.60
Diluted EPS (TTM)-$1.17
Enterprise Value$9.7B

Information as of 06/22/2026

Company Profile

PLANET LABS PBC
PLANET LABS PBC
https://www.planet.com
$9.6B
Market Cap
-$373.1M
Net Income
Sector: Industrials
Industry: Aerospace & Defense
645 Harrison Street, San Francisco, CA, United States, 94107
415 829 3313

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.

Key Executives

  • William Spencer Marshall
  • Ashley Whitfield Fieglein Johnson
  • Robert Henry Schingler Jr.
  • Katie Penn
  • Trevor Hammond

Current Ownership Distribution

  • Mutual Funds3.5B (59.34%)
  • Institutions2.4B (39.98%)
  • Insiders40.0M (0.67%)
  • Other0 (0.00%)