PL Planet Labs PBC
$13.47
▼ 7.4%Updated Oct 16, 2:25 PM ET
Report Card
PL at a glance — five pillars scored 0–100 from real filed financials.
How the 0–100 rating is calculatedOverall: Weak · 26/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
Price — Past Year
▲ Up 360.3% in the year to Jul 6, 2026
Key Metrics
Market Cap
$11.18B
P/E
—
Forward P/E (est.)
—
ROE
-105.3%
Revenue Growth
34.1%
EPS Growth
—
Profit Margin
-111.2%
FCF Yield
-1.3%
Debt / Equity
2.37x
ROIC
-17.0%
Interest Coverage
—
Current Ratio
2.81x
Dividend Yield
—
Implied Growth (rev. DCF)
8.4%
Rating Score
26/100
Business Overview
Planet Labs PBC (PL) is a large-cap NYSE-listed company in the Professional Services industry, within the Industrials sector, with a market value around $11.18B.
In its latest reported year it generated about $307.73M in revenue and posted a net loss of $246.86M.
Our model rates PL Weak (26/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Economic Moat
Evidence of durable competitive advantage in the filed financials (7 years of history).
Profit margins and economic moats, explainedSome durable-advantage evidence, but not across the board — dig into which ingredient is weak and whether it's cyclical or structural.
54.8% average over the last 3 years
±21.5 pts around 38.0% across 7 years
grew in 6 of the last 6 year-over-year periods
positive in 1 of 7 years
-17.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical Analysis (Educational)
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what PL's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. PL trades near $13.47, below its 50-day average ($36.97) and 200-day average ($24.90). Price below both averages is a downtrend — momentum is against buyers for now.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 51 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. PL's is $2.65 (~19.7% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. In the month to Jul 6, 2026, PL found buyers near $25.30 (support) and sellers near $39.18 (resistance); its 52-week range then was $5.87–$51.76. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.2× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. The indicators were last computed on Jul 6, 2026; the price is current.
Revenue Growth
4Y CAGR
23.8%
Revenue moved from $95.74M in 2020 to $307.73M in 2026, a 21.5% compound annual growth rate. The most recent year grew a strong 34.1% year over year. Consistent top-line growth is one sign of healthy demand.
Profitability
Gross Margin
56.1%
Operating Margin
-30.9%
Net Margin
-80.2%
ROE
-105.3%
Planet Labs PBC keeps about -111.2% of each sales dollar as net profit, with a 56.1% gross margin and -30.9% operating margin. Return on equity is -105.3% and return on invested capital about -17.0%. The company is currently unprofitable on a net basis.
Debt Analysis
Total Debt
—
Net Debt
—
Net Debt / EBITDA
—
Debt / Equity
2.37x
Leverage: debt-to-equity is 2.4x, with a current ratio of 2.8x. That is elevated leverage, which raises risk if earnings or rates move against it.
Cash Flow Analysis
Operating CF
$134.36M
Free Cash Flow
$57.65M
FCF Margin
18.7%
In the latest year Planet Labs PBC produced about $134.36M of operating cash flow and $57.65M of free cash flow after capital spending. That is a free-cash-flow yield of about -1.3% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
Valuation Analysis
P/E
—
P/S
36.34x
P/B
36.81x
EV / EBITDA
—
PL trades at n/a trailing earnings, 36.3x sales, and 36.8x book value. Reverse-engineering today's price implies the market expects roughly 8.4% long-term free-cash-flow growth. With no positive trailing earnings, value it on sales, cash flow, or growth rather than P/E.
DCF Fair Value (Educational)
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
How this DCF estimate is calculatedDCF fair value / share
$9.18
Current price
$13.47
Starting FCF (latest 10-K)
$57.65M
Growth, years 1–5
20.0%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Metrics vs. Sector Range
Where PL sits versus the Industrials companies we cover.
Bands show the middle half (25th–75th percentile) of the 144 Industrials companies in our coverage that have fundamentals data — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
Sector Peer Comparison
How PL stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
Among the 142 rated Industrials companies we cover, PL ranks #135 by our overall rating.
P/E vs sector
—
median 30.5x
ROE vs sector
-105.3%
median 18.1%
Growth vs sector
34.1%
median 6.0%
Sector rank
#135
of 142 rated
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Industrials companies by sub-industry and size, preferring ones with full data. Sector medians and rank use the 142 rated companies among the 273 Industrials stocks we cover. Educational, not a recommendation.
5-Year Projection Model
Project revenue → earnings → price. Edit the assumptions to build your own case.
What drives this projection, and its limits2030 scenario price range (Base Case)
$0.58 – $0.96
vs. $13.47 today · implied CAGR -47% – -41%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $412.35M | $552.55M | $740.42M | $992.17M | $1.33B |
| Net income | $12.37M | $16.58M | $22.21M | $29.77M | $39.89M |
| EPS | $0.01 | $0.02 | $0.03 | $0.04 | $0.05 |
| Share price (low) | $0.18 | $0.24 | $0.32 | $0.43 | $0.58 |
| Share price (high) | $0.30 | $0.40 | $0.54 | $0.72 | $0.96 |
| CAGR (low–high) | -99% / -98% | -87% / -83% | -71% / -66% | -58% / -52% | -47% / -41% |
Educational scenario model, not a forecast or investment advice. It starts from the latest annual revenue in SEC filings. By default, growth is trailing revenue growth (held between 3% and 45% a year), the net margin is the latest one (held between 3% and 50%, so a loss-making company is modeled with a small profit), and the Base case P/E runs from 60% to 100% of today's. Carrying recent growth forward five years can miss badly in either direction. Outputs are only as good as the assumptions. Growth, margin or P/E data is missing for this stock, so some starting values above are placeholders rather than measurements.
Bull Case
The case for PL:
- Revenue is growing 34.1% a year, a sign of real demand.
Bear Case
The case against PL:
- Thin net margins (-111.2%) leave little room for error.
- Elevated leverage (debt/equity 2.4x) adds financial risk.
- Limited free cash flow at today's price.
- Our model's overall read is Weak (26/100).
Key Risks
Balance-sheet risk — debt/equity of 2.4x magnifies the impact of higher rates or weaker earnings.
Margin risk — thin profitability (-111.2%) is vulnerable to cost or pricing pressure.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
Investment Thesis
On balance, the fundamentals screen weakly: Planet Labs PBC is a large-cap industrials business still growing nicely, with modest profitability, and a heavier debt load to watch. It trades at n/a earnings, which our model scores Weak (26/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 19 Wall Street analysts covering PL recommend (September 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Latest SEC Filings
PL's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen. How to read a 10-K
PL — frequently asked questions
Is PL a good stock to buy?
We don't give buy or sell advice. Our model rates Planet Labs PBC Weak (26/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is PL's rating on The Stocks School?
Planet Labs PBC currently scores 26/100 (Weak) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does PL's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Planet Labs PBC's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for PL calculated?
It's a scenario model. It starts from the latest annual revenue and net margin in SEC filings, grows revenue at an assumed rate (trailing revenue growth by default), and applies a P/E range built around today's multiple to show the resulting share-price range. When a stock has no growth or P/E data, the starting values are placeholders. It's a tool for thinking, not a prediction.
Is this PL analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell PL. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.