Planet Labs PBC (PL) Expected to Announce Quarterly Earnings on Monday

Planet Labs PBC (NYSE:PL) is expected to issue its Q2 2026 results before the market opens on Monday, September 8th. Analysts expect Planet Labs PBC to post earnings of ($0.03) per share and revenue of $65.8770 million for the quarter. Individuals 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) last released its 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. Planet Labs PBC had a negative return on equity of 23.36% and a negative net margin of 42.58%.The firm had revenue of $66.27 million for the quarter, compared to analysts’ expectations of $62.25 million. 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 Stock Up 1.1%

Planet Labs PBC stock opened at $6.53 on Friday. Planet Labs PBC has a 12-month low of $1.76 and a 12-month high of $7.72. The business’s 50-day moving average price is $6.60 and its two-hundred day moving average price is $4.95. The stock has a market cap of $1.98 billion, a PE ratio of -18.15 and a beta of 1.81.

Hedge Funds Weigh In On Planet Labs PBC

Several institutional investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. lifted its stake in Planet Labs PBC by 64.3% in the second quarter. Osaic Holdings Inc. now owns 15,588 shares of the company’s stock valued at $95,000 after buying an additional 6,101 shares during the period. BNP Paribas Financial Markets lifted its stake in Planet Labs PBC by 45.1% in the second quarter. BNP Paribas Financial Markets now owns 23,150 shares of the company’s stock valued at $141,000 after buying an additional 7,198 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in 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 buying an additional 8,143 shares during the period. Creative Planning lifted its stake in Planet Labs PBC by 49.0% in the second quarter. Creative Planning now owns 24,938 shares of the company’s stock valued at $152,000 after buying an additional 8,203 shares during the period. Finally, Prudential Financial Inc. grew its stake in Planet Labs PBC by 66.3% in the second quarter. Prudential Financial Inc. now owns 26,380 shares of the company’s stock valued at $161,000 after acquiring an additional 10,520 shares during the period. 41.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Wall Street Zen upgraded Planet Labs PBC from a “sell” rating to a “hold” rating in a research report on Friday, June 6th. The Goldman Sachs Group initiated coverage on Planet Labs PBC in a research report on Monday, June 30th. They issued a “neutral” rating and a $4.60 target price on the stock. 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. JMP Securities upped their price objective on Planet Labs PBC from $6.50 to $8.00 and gave the company a “market outperform” rating in a research note on Tuesday, July 22nd. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $8.00 price objective on shares of Planet Labs PBC in a research note on Thursday, June 5th. Nine investment 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 stock currently has a consensus rating of “Moderate Buy” and a consensus target price 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.