Planet Labs PBC Price & Performance (PL-WT)

Planet Labs PBC is navigating a challenging period following its Q4 earnings miss, with an EPS of -$0.08 and revenue slightly below forecasts. Despite setbacks, the company is optimistic about its $230 million JSAT contract and AI-driven solutions, aiming for cash flow positivity within two years.123

With over 70 satellites launched in 2024, Planet Labs is focusing on AI-enhanced geospatial solutions and a growing backlog. The company aims to double its revenue growth rate by FY27, supported by market demand and strategic contracts, despite current financial hurdles.456

Planet Labs' recent earnings report revealed a revenue miss and ongoing losses, leading to stock price fluctuations. Analysts remain optimistic, citing strong growth potential in satellite services and AI applications, with a target price of $6.27, despite near-term challenges.789