NYSE:PL
Planet Labs (PL)
Financials 
Technical Analysis 
Aug 13, 2026, 12:00 amThis summary was created by AI, based on 2 opinions in the last 12 months.
Planet Labs (PL-N) has experienced remarkable growth in the past year, with its stock rising by 470%. This surge is largely attributed to the company's innovative launch of new analytics tools in the realm of AI and its focus on leveraging data from space. The company reported a substantial year-over-year revenue growth of 42%, with an impressive 65% increase in its defense and intelligence sector. Additionally, Planet Labs has seen a notable increase in its backlog, up by 72%. Despite these positive indicators and a recent revenue beat that led to a 48% jump in shares, experts caution against chasing the stock, noting its high valuation at 26 times sales, indicating that it may not be the right time to invest.
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Planet Labs (PL) Frequently Asked Questions
What is Planet Labs stock symbol?
Planet Labs is a American stock, trading under the symbol PL (previously PL-N on Stockchase) on the New York Stock Exchange (PL). It is usually referred to as NYSE:PL or PL
Is Planet Labs a buy or a sell?
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on PL (previously PL-N on Stockchase). 1 analyst recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is DON'T BUY. Read the latest stock experts' ratings for Planet Labs.
Is Planet Labs a good investment or a top pick?
Planet Labs was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Planet Labs.
Why is Planet Labs stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Planet Labs.
Is Planet Labs worth watching?
Planet Labs is covered by Stockchase experts and is worth watching.
What is Planet Labs stock price?
On 2026-08-13, Planet Labs (PL) stock closed at a price of $24.75.
Is up 470% the past year. With the rise of AI, they keep launching new analytics tools. They're all about data from space. Revenue was +42% YOY, with defence and intelligence +65%. Their backlog increased 72%. Not cheap at 26x sales, not earnings. Don't chase this.