Market Fetes Planet Labs' Earnings Beat, But High Multiples, Dilution Risks Loom

Planet Labs is downgraded from hold to sell due to unsustainable momentum and excessive valuation multiples. PL's Q3 revenue growth is driven almost entirely by Defense and Intelligence, with commercial and civil sectors stagnating or declining. Convertible notes pose imminent dilution risk, potentially increasing shares outstanding by 12% if current prices persist.

Seeking Alpha • Dec 12, 2025

These Analysts Boost Their Forecasts On Planet Labs After Q3 Results

Planet Labs PBC (NYSE: PL) reported better-than-expected third-quarter sales results and raised its FY26 sales guidance above estimates on Wednesday.

Benzinga • Dec 11, 2025

This Space Stock Is up 500%. Did You Miss Your Opportunity?

Planet Labs ( NYSE:PL ) is up 30% in morning trading today, touching almost $17 per share after crushing third quarter earnings.

24/7 Wall Street • Dec 11, 2025

Why Planet Labs Stock Just Rocketed

Planet Labs beat on earnings last night. The spy satellite operator is hitting its stride, and generating consistent free cash flow.

The Motley Fool • Dec 11, 2025

Why Planet Labs Stock Is Skyrocketing This Week

Planet Labs sales growth figures continued accelerating in the third quarter, with revenue rising 33% compared to last year. The company landed numerous new and expanded deals during the quarter as well.

The Motley Fool • Dec 11, 2025

Planet Labs shares soar after strong Q3 earnings, AI demand drives growth

Planet Labs (NYSE:PL) shares surged 25% on Wednesday after the satellite imaging and AI-focused data company reported third-quarter fiscal 2026 results that beat analysts' expectations. Revenue rose 33% year-on-year to $81.3 million, well above the Street estimate of $72.2 million.

Proactive Investors • Dec 11, 2025

Planet Labs Stock Hits Record High After Strong Q3

Planet Labs PBC (NYSE:PL) stock is soaring today, up 32.6% to trade at $17.16 at last glance, after the company posted breakeven earnings per share on revenue of $81.3 million, surpassing the estimated losses of 2 cents per share and revenue of $72 million.

Schaeffers Research • Dec 11, 2025

Planet Labs Stock Soars After Earnings Report. What Has Wall Street Excited.

Earth imager Planet Labs reported fiscal third quarter sales of $81.3 million. Wall Street was looking for $73.5 million.

Barrons • Dec 11, 2025

Why Planet Labs' Q3 2025 Results Show Strength For The Surveillance Industry

Planet Labs delivered record 3Q25 revenue of $81.3M, up 33% YoY, and beat consensus estimates, driving shares up 16% post-market. PL's recurring revenue model proved resilient, with 97% of annual contract value recurring and strong government/defence demand fueling growth. Adjusted EBITDA turned positive for the fourth straight quarter, and the balance sheet strengthened with $677M in cash and a 361% YoY jump in performance obligations.

Seeking Alpha • Dec 11, 2025

Planet Labs Cranks Up Its Grip On Earth Imaging From Space

Planet Labs PBC (NYSE: PL) stock climbed on Thursday as investors cheered the strengthening demand for its satellite imagery and data platform.

Benzinga • Dec 11, 2025