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.
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Dell Technologies vs. Planet Labs PBC: Which Technology Stock Is a Better Buy in 2026?
Dell Technologies and Planet Labs PBC present contrasting investment cases for 2026, with Dell leveraging AI-driven infrastructure growth and Planet Labs expanding its satellite imagery business. Dell reported fiscal 2026 revenue of approximately $113.5 billion, up nearly 19% year-over-year, and net income of more than $5.9 billion, while Planet Labs posted revenue of $307.7 million, a 26% increase, but a net loss of nearly $246.9 million. Dell trades at a forward price-to-earnings ratio of 23.8 and a price-to-sales ratio of 2.2, compared to Planet Labs' price-to-sales ratio of 19.5 and no forward earnings multiple due to expected losses. Wall Street forecasts Dell's fiscal 2027 sales to jump 50% to about $171 billion with over $11 billion in net income, while Planet Labs is expected to widen its net loss to about $306 million on sales of $436 million. The analysis concludes that Dell's exposure to the AI data center wave makes it a more compelling buy in 2026, given its lower valuation multiples and strong cash generation.
Nvidia and Planet Labs both post consistent quarterly revenue growth, but Nvidia's sales dwarf Planet Labs'
Nvidia and Planet Labs each reported quarter-over-quarter revenue growth over the last eight periods, though Nvidia's revenue remains vastly larger. Nvidia's revenue reached $81.6 billion in its fiscal first quarter ended April 26, 2026, an 85% year-over-year increase, while Planet Labs posted $94.2 million in its quarter ended April 30, 2026, up 42% year-over-year. Nvidia expects revenue to accelerate to $91 billion next quarter, nearly double the $46.7 billion from the prior year, and Planet Labs forecasted revenue between $102 million and $107 million, a significant jump from $73.4 million a year earlier. Planet Labs' backlog rose 72% year-over-year to over $900 million, signaling continued sales growth. Both companies' consistent top-line expansion reflects strong customer demand in their respective markets.
Planet Labs shares fall 13.7% over six months but backlog surges to $906.1 million
Planet Labs shares have dropped 13.7% over the last six months to $22.32, underperforming the S&P 500's 7.9% gain. The company's backlog reached $906.1 million in the latest quarter, with year-on-year growth averaging 143% over the past two years, signaling strong future revenue. Earnings per share improved by 50.5% annually over the last four years, though the company remains unprofitable. Free cash flow margin expanded by 59.8 percentage points over five years to 13.9% on a trailing 12-month basis. The stock trades at 368.3 times forward EV-to-EBITDA.
NVIDIA Outshines Planet Labs as the Better High-Growth Tech Buy for 2026
NVIDIA is the superior high-growth tech stock to own in 2026 over Planet Labs, according to a comparative analysis. NVIDIA reported fiscal 2026 revenue of $215.9 billion, a 65.5% increase, and net income of $120.1 billion, yielding a 55.6% net margin, while Planet Labs posted revenue of $307.7 million, up 25.9%, but a net loss of $246.9 million. NVIDIA's forward P/E of 23.0x and P/S ratio of 23.3x compare favorably to Planet Labs' 202.2x forward P/E and 25.0x P/S ratio. The analysis highlights NVIDIA's industry leadership in AI chips under CEO Jensen Huang and its strong financials, contrasting with Planet Labs' ongoing losses and high stock-based compensation. Planet Labs' stock surged to a 52-week high of $51.76 in May amid space-economy excitement but has since retreated.
Broadridge and Data Services Peers Post Strong Q1 Revenue Beats
Broadridge Financial Solutions and other data and business process services stocks reported strong first-quarter results, with the group's revenues beating analysts' consensus estimates by 2.7% and next-quarter revenue guidance coming in 0.8% above expectations. Broadridge posted revenues of $1.95 billion, up 7.8% year on year and exceeding estimates by 2.7%, while Planet Labs led the group with a 42.1% revenue surge to $94.15 million and the highest guidance raise. TransUnion, the weakest performer, saw revenues rise 13.7% to $1.25 billion but missed EPS guidance for the next quarter. Equifax grew revenues 14.3% to $1.65 billion, and Fair Isaac Corporation jumped 38.7% to $691.7 million, delivering the biggest analyst estimate beat but the weakest full-year guidance update. Despite the beats, share prices were relatively unchanged on average, with Broadridge down 4.9%, Planet Labs plunging 49.6%, TransUnion up 13.7%, Equifax down 9.5%, and Fair Isaac up 21%.
Planet Labs Co-Founder Sells 89,593 Shares for $2.3 Million
Planet Labs Co-Founder and Chief Strategy Officer Robert H. Schingler sold 89,593 shares of the company for approximately $2.3 million at a weighted average price of $25.92 per share on July 10, 2026. The sale, which reduced his total equity holdings by 8%, was executed under a pre-arranged Rule 10b5-1 trading plan adopted on July 14, 2025. Of the shares sold, 64,593 were directly held and 25,000 were indirectly held through the Ulysses Trust 02021.1, which retains 225,171 shares post-transaction. Following the sale, Schingler continues to hold roughly 1.1 million shares across direct and indirect accounts, representing a 0.3200% ownership stake in the company.
Planet Labs CEO Will Marshall sells 200,000 shares for $5.2 million under pre-arranged trading plan
Planet Labs co-founder, CEO, and Chairperson William Spencer Marshall sold 200,000 shares on July 10, 2026, for approximately $5.2 million. The transaction was executed under a Rule 10b5-1 trading plan adopted on July 12, 2025, which allows insiders to trade at predetermined times and is not considered discretionary. Following the sale, Marshall retains about 2.7 million directly held shares worth roughly $70.42 million, representing a 7% reduction in his direct equity position. The sale occurred after the stock had declined from a 52-week high of $51.76 on May 28, and amid broader sector momentum tied to the anticipated SpaceX IPO. Planet Labs recently reported record quarterly revenue of $94.2 million, a 42% year-over-year increase, but also announced a $1.5 billion at-the-market equity offering that pressured shares.
Planet Labs PBC Shareholders Back Directors, KPMG and Pay Plan at Annual Meeting
Planet Labs PBC shareholders approved all three management proposals at the 2026 annual meeting held virtually on July 9. The re-election of Class II directors Vijaya Gadde, General John W. Raymond and Scott Reese Jr. was approved, with the directors set to serve until the 2029 annual meeting. Shareholders also ratified the appointment of KPMG LLP as the company's independent auditor for the fiscal year ending January 31, 2027, and approved the non-binding advisory vote on executive compensation. Final vote totals will be filed in a Form 8-K with the Securities and Exchange Commission within four days.
Planet Labs and BlackSky emerge as AI-powered space stocks to watch
Planet Labs and BlackSky Technology are gaining attention as artificial-intelligence-driven space stocks with established track records, offering alternatives to the highly valued SpaceX. Planet Labs operates about 200 Earth-imaging satellites and reported fiscal 2027 first-quarter revenue of $94 million, up 42% year-over-year, with an adjusted EBITDA loss of $1 million and a backlog that grew 72% to more than $906 million. The company has integrated Anthropic’s Claude AI into its platform to help non-expert users query satellite data. BlackSky uses its Spectra platform to automatically detect and classify vessels, vehicles, and aircraft in under 90 minutes, and recently won a series of U.S. government contracts for AI-enabled battle damage analytics, adding to a $160 million contract haul in the first quarter and a total potential contract value of up to $2.7 billion. Both stocks have risen more than 40% this year.
Data & Business Process Services Stocks Q1 Teardown: TransUnion Vs The Rest
Data and business process services stocks reported a strong first quarter, with revenues beating analysts' consensus estimates by 2.7% and next quarter's revenue guidance coming in 0.8% above expectations. TransUnion posted revenues of $1.25 billion, up 13.7% year on year and exceeding estimates by 2.7%, though it missed EPS guidance for the next quarter. Planet Labs delivered the highest guidance raise and fastest revenue growth among its peers, with revenues of $94.15 million, up 42.1% year on year and beating estimates by 4.3%, yet its stock fell 29.8% since reporting. Verisk reported revenues of $782.6 million, up 3.9% year on year and beating estimates by 1.3%, while EXL posted revenues of $570.4 million, up 13.8% year on year and surpassing estimates by 2%. Fair Isaac Corporation achieved the biggest analyst estimate beat with revenues of $691.7 million, up 38.7% year on year and topping estimates by 9.1%, but had the weakest full-year guidance update among its peers.
Planet Labs announced the successful launch of Pelican-11, the tech demonstration satellite for the second generation of its high-resolution Pelican fleet. The spacecraft was launched to orbit aboard the Transporter-17 rideshare mission with SpaceX from Vandenberg Space Force Base in California. Planet has successfully made initial contact with the satellite and has begun the commissioning process. The stock was down 1.1% premarket.
Goldman Sachs raised its price target on Planet Labs from $20 to $22 while maintaining a Neutral rating, citing strong first-quarter revenue and EBITDA that beat consensus estimates driven by defense and intelligence growth. The firm noted the company also lifted its fiscal 2027 revenue and gross margin forecasts, though mid-term profitability remains uncertain. Separately, Planet Labs joined the Atmospheric Impact of Reentered Spacecraft initiative as a founding participant, contributing data to study how spacecraft reentry affects Earth's environment.
Seeking Alpha analysts Daniel Jones and Petri Dish Reports shared their views on the best space stock plays. Daniel Jones favors Iridium Communications among satellite prospects, but picks Amazon as his top space-oriented company, citing its acquisition of Globalstar at $90 per share and plans for a next-generation direct-to-device satellite system starting in 2028 that could tap a $1.61 trillion broadband and mobile services opportunity. Petri Dish Reports recommends diversifying across space niches, highlighting Earth observation and space surveillance with Planet Labs and BlackSky, launch and satellite services with Rocket Lab, defense-adjacent hypersonics and propulsion with Kratos Defense & Security Solutions, and space infrastructure with Intuitive Machines.
SA Asks: What's the best satellite stock right now?
Seeking Alpha analysts Dhierin Bechai and Daniel Jones shared their picks for the best satellite stock following Rocket Lab's planned $8 billion acquisition of Iridium Communications. Bechai noted that many space companies with satellite exposure have already seen significant price increases, and highlighted emerging Earth observation firms Planet Labs, Satellogic, and Spire Global as more interesting satellite stocks at this moment. Jones said Iridium is undeniably the best satellite prospect right now due to its fundamental health, and that its tie to Rocket Lab through the half-stock buyout should limit volatility, making it suitable for defensive investors.
Planet Labs Stock Drops 37% in a Month After $1.5 Billion Equity Offering
Planet Labs stock has fallen 37% from its all-time high over the past month, driven by a $1.5 billion at-the-market equity offering and a lowered margin forecast. The satellite Earth-imaging company announced the offering during its first-quarter earnings call, planning to sell up to $1.5 billion of Class A common stock over time to expand manufacturing and infrastructure. Planet Labs also guided its full-year margin down to between 52% and 54% from 56% in the first quarter, with capital expenditures projected at $80 million to $95 million. The stock had surged 432% over the past year on strong revenue growth and contract wins with agencies like the U.S. National Geospatial-Intelligence Agency, but the recent developments have pressured shares.
Planet Labs Posts Record Revenue and $906M Backlog as SpaceX Hype Fades
Planet Labs reported record first-quarter fiscal 2027 revenue of $94.15 million, up 42% year-over-year, with a GAAP gross margin of 54% and a non-GAAP gross margin of 56%. The company’s backlog exceeded $906 million, a 72% increase, and remaining performance obligations reached $816.01 million, up 81%, driven by contracts including a €240 million German government deal and Sweden’s first sovereign reconnaissance satellite. Planet Labs delivered its first full year of profitability in fiscal 2026 with $52.87 million in free cash flow and $15.49 million in adjusted EBITDA, and it guided for fiscal 2027 revenue between $425 million and $441 million with continued adjusted EBITDA profit. In contrast, competitor BlackSky posted a 29.7% revenue decline to $20.77 million and negative operating cash flow of $2.36 million in its first quarter of 2026.
Planet Labs Rallies on Renewed Optimism in Space Stocks Following the Rocket Lab-Iridium Partnership
Planet Labs shares surged 15.55% in a single session, joining a broader space-sector rally sparked by Rocket Lab's $8 billion cash-and-stock deal to acquire Iridium Communications. The transaction, announced on June 29, valued Iridium at a 24% premium and sent Rocket Lab up 15.93% and Iridium up 25.44%, reversing a recent 30–45% slump in space stocks after SpaceX's IPO. Planet Labs, which operates a large Earth-observation satellite fleet, reported April-quarter revenue of $94.15 million, up 42% year-over-year, and holds a backlog of roughly $906 million, up about 72% year-over-year. The company also secured a one-year $22 million option under the National Geospatial-Intelligence Agency's Luno B framework for maritime domain awareness and is preparing to launch its Pelican 11 tech-demo satellite on a SpaceX mission. Analysts have a Moderate Buy consensus rating on Planet Labs with an average price target of $41.00, implying roughly 23.76% upside, and the company guided second-quarter revenue between $102 million and $107 million, suggesting around 42% year-over-year growth.
StockStory picks Planet Labs and QuinStreet as cash-rich buys, flags Old Dominion as a sell
StockStory highlights two cash-heavy stocks with exciting potential and one to avoid. Planet Labs, with a net cash position of $242.8 million, is backed for its 143% average backlog growth over two years and 48.9% annual earnings per share growth. QuinStreet, holding $93.63 million in net cash, posted 47.2% annual revenue growth and 628% annual earnings per share growth over the same period. In contrast, Old Dominion Freight Line, despite a $248.1 million net cash position, faces declining unit sales, falling earnings per share, and waning returns on capital, leading StockStory to urge caution.
Planet Labs Stock Soars on $8 Billion Space Mega-Deal Frenzy
Planet Labs shares jumped as much as 12% on Monday, potentially driven by a major acquisition elsewhere in the space sector rather than company-specific news. The catalyst appears to be Rocket Lab's announcement that it will acquire Iridium Communications in an $8 billion cash-and-stock transaction. Rocket Lab shares rose about 10%, while Iridium surged more than 20% following the news. The acquisition gives Rocket Lab control of Iridium's global satellite communications network, wireless spectrum licenses and government customer relationships, accelerating Rocket Lab's transformation from a launch provider into a vertically integrated space company similar to the model pioneered by SpaceX. Although Planet Labs was not involved in the transaction, investors may be extrapolating a broader message that space assets are becoming increasingly valuable strategic infrastructure, raising questions about what a unique Earth-observation constellation might be worth to a larger aerospace, defense or data company.
Planet Labs reports record revenue, raised guidance as Earth-observation data layer gains post-SpaceX IPO attention
Planet Labs reported record quarterly revenue of about US$94 million, up 42% year-over-year, for the quarter ended April 30, 2026, with backlog above US$906 million. The company ended the period with cash and short-term investments up 223% year-over-year to roughly US$731 million and raised full-year revenue guidance to approximately US$425–441 million. Planet Labs operates a large fleet of imaging satellites, selling daily Earth imagery and AI-enabled analytics by subscription to government, defense, agriculture, energy, and other customers. The Earth-observation data layer is a distinct, subscription-driven market that benefits from cheaper launch costs, and other listed names in the field include Satellogic and BlackSky.
Space Stock Boom Shifts Investor Focus to Infrastructure and Recurring Revenue
SpaceX, Rocket Lab, AST SpaceMobile, and Planet Labs are riding the booming space economy, but investors are shifting attention to infrastructure, satellite connectivity, and recurring space-based data revenue amid a costly and risky launch market.
Planet Labs Stock Falls 40% From High as Investors Rotate to SpaceX IPO
Planet Labs shares have dropped over 40% in the past month from an all-time high of about $51 in May to around $28, driven largely by space-focused investors rotating capital into SpaceX at its initial public offering. The company reported first-quarter fiscal 2027 revenue up 42% year over year to $94.2 million and a backlog of $906 million, up 72%, but posted a net loss of $138.9 million, including a $106.5 million one-time noncash accounting adjustment tied to warrant liabilities. Planet Labs ended the quarter with $730.8 million in cash, cash equivalents, and short-term investments, and its Defense and Intelligence segment revenue grew more than 65% year over year, supported by a $21.9 million maritime surveillance contract extension with the U.S. National Geospatial-Intelligence Agency. The stock trades at a price-to-sales ratio of 26.9, compared to competitor BlackSky Technology at 10.3, and the company is several years away from consistent profitability.
Planet Labs Secures Two NGA Milestones and Reports 42% Revenue Growth
Planet Labs secured two National Geospatial-Intelligence Agency milestones, including a one-year, $22 million extension under the Luno B IDIQ contract for AI-enabled Maritime Domain Awareness and a new Global Monitoring Service award with NGA and the Defense Innovation Unit. The company also reported fiscal first-quarter 2027 revenue of $94.2 million, up 42% year over year, while backlog rose 72% to more than $906 million and remaining performance obligations increased 81% to $816 million. The awards demonstrate government demand moving beyond satellite imagery into recurring analytics, change detection, and crisis-response monitoring, allowing Planet to sell higher-value services from its existing constellation and data archive. The revenue growth is supported by contract visibility, not only future satellite ambition.
Four Public Space Stocks Offer Opportunity Beyond the SpaceX IPO Frenzy
While SpaceX dominates headlines after its blockbuster IPO, four smaller public space companies are doing measurable work that merits attention. Rocket Lab is becoming a full-stack space systems builder after acquiring Motiv Space Systems and announcing solar arrays for space-based data centers, though it remains unprofitable with its Neutron rocket still in development. Planet Labs partnered with Anthropic to feed its satellite imagery into the Claude AI model, aiming to become an intelligence platform, and reached non-GAAP profitability for the first time in fiscal 2026. Intuitive Machines won a $180.4 million NASA contract for lunar south pole payloads and became prime contractor for the Lunar Reconnaissance Orbiter Camera, while a proposed 124% increase in the Space Force budget for fiscal 2027 could change its risk profile. Redwire, a pick-and-shovel play making components like solar arrays and sensors, landed a classified national security solar array deal with Moog and an Air Force Research Laboratory contract, though it missed first-quarter 2026 EPS estimates and is betting on long-term scale.
SpaceX IPO splits space trade, lifting incumbents while newer space stocks slide
Since SpaceX began trading, its shares have risen more than 30%, but the debut has split the space trade rather than sparking a broad rally. Old-line aerospace and defense names have broadly caught a bid, with GE Aerospace, Howmet Aerospace, Honeywell, Parker-Hannifin, Eaton, and TransDigm all up roughly 5% to 9%, while Boeing, RTX, Airbus, Wabtec, and Curtiss-Wright are also higher. In contrast, smaller public space stocks have fallen sharply: Rocket Lab is down about 5%, AST SpaceMobile, EchoStar, Viasat, Redwire, Planet Labs, and Satellogic are down roughly 10% to 16%, and Virgin Galactic, Sidus Space, and Intuitive Machines have dropped more than 20%. Before the IPO, these newer names were among the few ways to trade the space theme, but SpaceX’s debut has turned into a sorting machine, forcing them to prove they can win attention on their own.
Jim Cramer says Planet Labs is not a stock to chase blindly at these levels
Jim Cramer advised caution on Planet Labs, saying it is not a stock to chase blindly at current levels. He noted the company operates a fleet of Earth observation satellites and has seen its stock rally more than 470% over the past 12 months, driven by AI-enhanced analytics and strong demand from government and commercial customers. Planet's latest results showed revenue up 42% year over year, with defense and intelligence growing more than 65%, and its backlog increasing by 72%. However, Cramer pointed out that the stock trades at around 26 times sales, which he considers not cheap, and while it belongs in the conversation, the growth is not as strong as some peers like Rocket Lab.
Rocket Lab edges Planet Labs on growth and price performance despite premium valuation
Rocket Lab holds an edge over Planet Labs based on stronger price performance and growth estimates, even though both space stocks have rallied sharply this year. Planet Labs shares have gained 43.1% year to date, while Rocket Lab has surged 50%. The Zacks Consensus Estimate for Rocket Lab's 2026 revenues implies a 52.8% year-over-year increase, with earnings per share expected to rise 55.6%, whereas Planet Labs' fiscal 2027 revenue is projected to grow 40.2% but its EPS is seen declining 75%. Rocket Lab carries a Zacks Rank #3 (Hold), while Planet Lab is rated #5 (Strong Sell).