Planet Labs PBC (PL) Projected to Post Quarterly Earnings on Monday

Key Points

• Planet Labs PBC is set to announce its Q2 2026 earnings on September 8, 2025, with expected earnings of ($0.03) per share and revenue of $65.88 million.
• The company's shares recently opened at $7.10, with a market capitalization of $2.15 billion and a twelve-month high of $7.72.
• Recent analyst ratings have been positive, with multiple firms raising price targets, resulting in an average rating of "Moderate Buy" and a consensus price target of $6.86.

Planet Labs PBC (NYSE:PL - Get Free Report) is expected to be posting its Q2 2026 results before the market opens on Monday, September 8th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $65.8770 million for the quarter. Planet Labs PBC has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS.Interested persons may review the information on the company's upcoming Q2 2026 earningreport for the latest details on the call scheduled for Monday, September 8, 2025 at 8:30 AM ET.

Planet Labs PBC (NYSE:PL - Get Free Report) last announced its quarterly earnings results on Wednesday, June 4th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $0.01. The firm had revenue of $66.27 million during the quarter, compared to the consensus estimate of $62.25 million. Planet Labs PBC had a negative return on equity of 23.36% and a negative net margin of 42.58%. On average, analysts expect Planet Labs PBC to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Planet Labs PBC Trading Down 1.6%

Shares of NYSE:PL opened at $7.10 on Monday. Planet Labs PBC has a twelve month low of $1.76 and a twelve month high of $7.72. The company has a market capitalization of $2.15 billion, a PE ratio of -19.71 and a beta of 1.81. The firm has a 50 day simple moving average of $6.50 and a 200-day simple moving average of $4.92.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its stake in Planet Labs PBC by 671.1% during the first quarter. AQR Capital Management LLC now owns 92,693 shares of the company's stock worth $313,000 after buying an additional 80,672 shares during the period. Integrated Wealth Concepts LLC acquired a new position in Planet Labs PBC during the 1st quarter worth approximately $189,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Planet Labs PBC by 6.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 130,798 shares of the company's stock valued at $442,000 after purchasing an additional 8,143 shares during the period. Goldman Sachs Group Inc. boosted its position in Planet Labs PBC by 54.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,856,245 shares of the company's stock valued at $6,274,000 after buying an additional 653,173 shares during the last quarter. Finally, Thompson Davis & CO. Inc. purchased a new stake in shares of Planet Labs PBC during the second quarter worth about $121,000. Institutional investors and hedge funds own 41.71% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Citigroup boosted their price objective on Planet Labs PBC from $5.00 to $7.00 and gave the company a "buy" rating in a research note on Friday, June 6th. Wall Street Zen raised shares of Planet Labs PBC from a "sell" rating to a "hold" rating in a research note on Friday, June 6th. Needham & Company LLC restated a "buy" rating and issued a $8.00 price objective on shares of Planet Labs PBC in a research report on Thursday, June 5th. Wedbush lifted their price target on Planet Labs PBC from $5.00 to $7.00 and gave the company an "outperform" rating in a research note on Thursday, June 5th. Finally, JMP Securities upped their target price on shares of Planet Labs PBC from $6.50 to $8.00 and gave the stock a "market outperform" rating in a research report on Tuesday, July 22nd. Nine research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $6.86.

Planet Labs PBC Company Profile

Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company's platform offers planet monitoring, basemap, tasking, apps, and application programming interfaces, as well as analytics and planetary variables.

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