Planet Labs PBC (PL) Projected to Release Earnings on Thursday

Planet Labs PBC (NYSE:PL) is anticipated to post its Q2 2027 results after the market closes on Thursday, September 3rd. Analysts expect the company to announce earnings of ($0.0190) per share and revenue of $104.5320 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2027 earning overview page for the latest details on the call scheduled for Thursday, September 3, 2026 at 5:00 PM ET.

Planet Labs PBC (NYSE:PL) last posted its quarterly earnings data on Thursday, June 4th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.01. Planet Labs PBC had a negative net margin of 111.17% and a negative return on equity of 105.29%. The firm had revenue of $94.15 million during the quarter, compared to analysts’ expectations of $90.39 million. The business’s revenue was up 42.1% compared to the same quarter last year. On average, analysts expect Planet Labs PBC to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Planet Labs PBC Trading Down 3.0%

Shares of NYSE PL opened at $19.25 on Wednesday. Planet Labs PBC has a 1-year low of $6.26 and a 1-year high of $51.76. The company has a market cap of $6.86 billion, a PE ratio of -16.89 and a beta of 2.11. The company has a current ratio of 2.81, a quick ratio of 2.78 and a debt-to-equity ratio of 1.01. The company has a 50-day moving average of $24.12 and a two-hundred day moving average of $30.16.

Analyst Upgrades and Downgrades

PL has been the subject of a number of research reports. The Goldman Sachs Group raised their price target on shares of Planet Labs PBC from $22.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday, July 14th. Craig Hallum upped their price objective on Planet Labs PBC from $36.00 to $49.00 and gave the stock a “buy” rating in a report on Friday, June 5th. Northland Securities set a $50.00 price objective on Planet Labs PBC in a research report on Friday, June 5th. Zacks Research raised Planet Labs PBC from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $36.00 target price on shares of Planet Labs PBC in a research report on Monday, June 15th. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Planet Labs PBC has an average rating of “Hold” and a consensus target price of $35.36.

Insider Buying and Selling

In other Planet Labs PBC news, insider Robert H. Schingler sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, July 10th. The shares were sold at an average price of $25.92, for a total value of $648,000.00. Following the transaction, the insider directly owned 225,171 shares of the company’s stock, valued at approximately $5,836,432.32. This trade represents a 9.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John W. Raymond sold 6,494 shares of Planet Labs PBC stock in a transaction on Monday, July 13th. The stock was sold at an average price of $26.16, for a total transaction of $169,883.04. Following the sale, the director directly owned 37,114 shares of the company’s stock, valued at $970,902.24. This represents a 14.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 171,122 shares of company stock valued at $4,148,906 over the last ninety days. Insiders own 16.42% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Xponance LLC grew its stake in shares of Planet Labs PBC by 3.1% during the fourth quarter. Xponance LLC now owns 18,656 shares of the company’s stock worth $368,000 after purchasing an additional 555 shares during the period. Parkside Financial Bank & Trust lifted its stake in Planet Labs PBC by 92.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,550 shares of the company’s stock valued at $31,000 after buying an additional 745 shares during the period. Victory Capital Management Inc. lifted its stake in Planet Labs PBC by 3.6% in the third quarter. Victory Capital Management Inc. now owns 25,855 shares of the company’s stock valued at $336,000 after buying an additional 896 shares during the period. Mackenzie Financial Corp boosted its holdings in Planet Labs PBC by 9.5% during the fourth quarter. Mackenzie Financial Corp now owns 14,631 shares of the company’s stock worth $288,000 after buying an additional 1,267 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its holdings in Planet Labs PBC by 18.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 11,961 shares of the company’s stock worth $236,000 after buying an additional 1,894 shares during the last quarter. 41.71% of the stock is currently owned by institutional investors.

About Planet Labs PBC

Planet Labs PBC is a public benefit corporation that operates one of the largest fleets of Earth-imaging satellites, providing high-frequency, high-resolution imagery and data analytics to a broad range of industries. The company’s multi-spectral satellite constellation captures daily snapshots of the planet, enabling clients to monitor changes in agriculture, forestry, urban development, energy infrastructure and environmental conditions. Planet’s imagery platform is designed to support timely decision-making by transforming raw satellite data into actionable insights for business and government users.

Founded in 2010 by former NASA scientists Will Marshall, Robbie Schingler and Chris Boshuizen, Planet Labs grew from a small startup into a key provider in the satellite imaging sector.