PL - Planet Labs PBC Stock Price, Fair Value and News

1.73USD-0.08 (-4.42%)Market Closed

Market Summary

USD1.73-0.08

Market Closed

-4.42%

PL Alerts

Losses in recent quarter

PL Stock Price

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PL RSI Chart

PL Valuation

Market Cap

479.6M

Price/Earnings (Trailing)

-3.41

Price/Sales (Trailing)

2.17

EV/EBITDA

-4.1

Price/Free Cashflow

-5.41

PL Price/Sales (Trailing)

PL Profitability

Operating Margin

51.18%

EBT Margin

-63.30%

Return on Equity

-27.12%

Return on Assets

-20.02%

Free Cashflow Yield

-18.49%

PL Fundamentals

PL Revenue

Revenue (TTM)

220.7M

Rev. Growth (Yr)

11.09%

Rev. Growth (Qtr)

6.27%

PL Earnings

Earnings (TTM)

-140.5M

Earnings Growth (Yr)

20.49%

Earnings Growth (Qtr)

20.83%

Breaking Down PL Revenue

Last 7 days

-14.3%

Last 30 days

-18.5%

Last 90 days

-14.3%

Trailing 12 Months

-57.7%

How does PL drawdown profile look like?

PL Financial Health

Current Ratio

2.71

PL Investor Care

Shares Dilution (1Y)

4.19%

Diluted EPS (TTM)

-0.5

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	220.7M	0	0	0
2023	191.3M	203.8M	209.1M	214.8M
2022	131.2M	144.3M	157.4M	175.4M
2021	113.2M	116.8M	120.4M	127.6M
2020	95.7M	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Planet Labs PBC

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	johnson ashley f.	sold	-2,530	2.53	-1,000	cfo & coo
Mar 27, 2024	schingler robert h	sold (taxes)	-21,149	2.55	-8,294	co-founder chief strategy off.
Mar 27, 2024	johnson ashley f.	acquired	-	-	36,680	cfo & coo
Mar 27, 2024	johnson ashley f.	sold (taxes)	-49,276	2.55	-19,324	cfo & coo
Mar 27, 2024	marshall william spencer	sold (taxes)	-58,859	2.55	-23,082	co-founder and ceo
Mar 27, 2024	schingler robert h	acquired	-	-	23,289	co-founder chief strategy off.
Mar 27, 2024	marshall william spencer	acquired	-	-	64,690	co-founder and ceo
Mar 19, 2024	marshall william spencer	acquired	-	-	1,583,710	co-founder and ceo
Mar 19, 2024	schingler robert h	acquired	-	-	723,982	co-founder chief strategy off.
Mar 19, 2024	johnson ashley f.	acquired	-	-	1,131,220	cfo & coo

Which funds bought or sold PL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 15, 2024	GoalVest Advisory LLC	unchanged	-	639	20,372	0.01%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	added	13.25	484,310	3,347,730	0.09%
Apr 12, 2024	Navalign, LLC	unchanged	-	893	28,478	0.01%
Apr 10, 2024	Banque Cantonale Vaudoise	reduced	-25.00	-13,000	46,000	-%
Apr 05, 2024	CWM, LLC	added	105	2,000	3,000	-%
Apr 04, 2024	Northside Capital Management, LLC	unchanged	-	5,593	178,273	0.03%
Apr 01, 2024	Willow Creek Wealth Management Inc.	unchanged	-	-35,543	675,315	0.09%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	unchanged	-	-1,625	30,875	-%
Mar 11, 2024	VANGUARD GROUP INC	added	2.83	-1,069,810	45,142,300	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	96.13	1,725,140	3,723,710	-%

Are Funds Buying or Selling PL?

Are funds buying PL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PL

No. of Funds

PL Alerts

Losses in recent quarter

Unveiling Planet Labs PBC's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	6.86%	18,276,242	SC 13G/A
Feb 09, 2023	vanguard group inc	6.89%	17,293,586	SC 13G
Jan 31, 2023	draper fisher jurvetson fund x, l.p.	8.3%	20,909,027	SC 13G/A
Feb 14, 2022	integrated core strategies (us) llc	0.4%	1,081,476	SC 13G/A
Feb 14, 2022	sculptor capital lp	0.04%	100,628	SC 13G/A
Feb 04, 2022	weiss asset management lp	0.20%	475,456	SC 13G/A

Recent SEC filings of Planet Labs PBC

View All Filings

Date Filed	Form Type	Document
Apr 05, 2024	8-K	Current Report
Apr 02, 2024	4	Insider Trading
Mar 29, 2024	10-K	Annual Report
Mar 29, 2024	S-8	Employee Benefits Plan
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	8-K	Current Report
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading

Peers (Alternatives to Planet Labs PBC)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BA	104.1B	77.8B	-8.05%	-16.79%	-46.83	1.34	16.79%	54.97%
GD	78.2B	42.3B	3.42%	25.01%	23.59	1.85	7.27%	-2.21%
LHX	38.1B	19.4B	-4.53%	1.35%	31.05	1.96	13.81%	15.54%
HEI	27.4B	3.2B	3.50%	15.08%	64.5	8.46	38.68%	18.86%
HWM	26.3B	6.6B	-4.18%	49.20%	34.33	3.96	17.25%	63.11%
AXON	22.6B	1.6B	-1.46%	35.40%	129.73	14.46	31.38%	18.41%
HII	10.8B	11.5B	-4.83%	31.01%	15.92	0.95	7.29%	17.62%
MID-CAP
CW	9.4B	2.8B	1.78%	41.14%	26.65	3.32	11.28%	20.44%
BWXT	8.6B	2.5B	-5.65%	46.47%	34.85	3.43	11.80%	3.22%
AVAV	4.1B	705.8M	-1.56%	37.58%	-33.9	5.83	44.89%	-1448.45%
SMALL-CAP
DCO	780.8M	757.0M	10.37%	6.55%	49.02	1.03	6.24%	-44.67%
SPCE	412.0M	6.8M	-38.55%	-69.37%	-0.82	60.59	194.12%	-0.44%
ISSC	112.4M	37.6M	-15.37%	-10.43%	17.61	2.99	36.42%	25.49%
CODA	68.4M	642.5K	11.07%	-23.40%	29.02	106.42	-97.11%	-47.43%
ASTC	16.5M	2.0M	9.12%	-10.03%	-1.61	8.29	371.33%	-13.01%

Planet Labs PBC News

Latest updates

Planet Labs PBC Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)															(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q3	2021Q2	2021Q1	2020Q1
Revenue	6.3%	58,852,000	55,380,000	53,761,000	52,703,000	52,975,000	49,704,000	48,450,000	40,127,000	37,146,000	31,700,000	31,053,000	30,406,000	31,957,000	-	-
Cost Of Revenue	-10.1%	26,371,000	29,350,000	27,469,000	24,556,000	23,915,000	24,728,000	24,977,000	23,628,000	23,230,000	20,811,000	-	19,820,000	19,126,000	-	-
Gross Profit	24.8%	32,481,000	26,030,000	26,292,000	28,147,000	29,060,000	24,976,000	23,473,000	16,499,000	13,916,000	10,889,000	-	10,586,000	12,831,000	-	-
Operating Expenses	-10.1%	66,399,000	73,888,000	69,572,000	72,839,000	71,749,000	67,608,000	66,113,000	64,213,000	71,122,000	39,200,000	-	34,853,000	31,098,000	-	-
S&GA Expenses	-3.3%	20,095,000	20,774,000	22,310,000	23,125,000	20,299,000	19,383,000	19,483,000	18,855,000	22,598,545	12,441,000	3,907,910	10,597,000	10,653,000	-	-
R&D Expenses	-13.9%	28,410,000	33,002,000	26,741,000	28,186,000	31,831,000	27,598,000	26,737,000	24,750,000	27,163,000	14,959,000	-	12,432,000	12,130,000	-	-
EBITDA Margin	11.9%	-0.42	-0.47	-0.51	-0.54	-0.62	-0.69	-0.76	-0.68	-0.62	-0.43	-0.44	-0.45	-0.47	-0.48	-0.41
Interest Expenses	-	-	-	-	-	-	-	-	-	1,022,000	2,612,000	-	2,611,000	2,527,000	-	-
Income Taxes	-212.0%	-448,000	400,000	582,000	300,000	-63,500	400,000	200,000	314,000	1,299,000	394,000	-	170,000	258,000	-	-
Earnings Before Taxes	18.9%	-30,515,000	-37,649,000	-37,393,000	-34,137,000	-37,901,000	-39,797,000	-39,375,000	-44,046,000	-44,677,000	-41,147,000	-	-20,193,000	-28,997,000	-	-
EBT Margin	7.6%	-0.63	-0.68	-0.71	-0.74	-0.84	-0.96	-1.08	-1.04	-1.03	-0.99	-1.02	-1.05	-1.08	-1.11	-1.29
Net Income	20.8%	-30,086,000	-38,004,000	-37,975,000	-34,444,000	-37,841,000	-40,236,000	-39,529,000	-44,360,000	-57,274,586	-41,541,000	-6,635,827	-20,363,000	-29,255,000	-	-
Net Income Margin	7.8%	-0.64	-0.69	-0.72	-0.75	-0.85	-1.03	-1.16	-1.04	-0.96	-0.54	-0.46	-0.53	-1.09	-1.12	-1.29
Free Cashflow	48.0%	-15,742,000	-30,247,000	-5,776,000	-36,937,000	-16,247,000	-32,813,000	-25,918,000	-9,395,000	-25,457,000	2,789,739	2,687,739	-9,251,825	2,035,000	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																	(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2021Q1	2021Q1	2020Q4	2020Q1
Assets	-1.6%	702	714	720	723	753	747	768	796	821	350	346	346	347	348	399	381	363
Current Assets	-4.5%	370	388	428	435	476	481	504	527	552	93.00	1.00	1.00	1.00	-	125	-	60.00
Cash Equivalents	0.6%	102	102	119	141	182	205	268	491	497	65.00	0.00	0.00	1.00	-	77.00	-	28.00
Net PPE	-0.6%	113	114	120	118	108	115	121	125	133	138	-	-	-	-	160	-	187
Goodwill	0.4%	136	136	24.00	113	113	103	103	103	103	88.00	-	-	-	-	88.00	-	88.00
Liabilities	2.3%	184	180	181	164	177	153	154	165	173	312	53.00	47.00	47.00	13.00	292	219	145
Current Liabilities	4.2%	137	131	116	112	122	110	122	129	132	289	4.00	1.00	0.00	-	109	0.00	71.00
Shareholder's Equity	-2.9%	518	534	540	559	576	594	614	631	648	37.00	-	5.00	5.00	-	108	0.00	218
Retained Earnings	-2.9%	-1,079	-1,049	-1,011	-973	-939	-901	-861	-821	-777	-731	-52.54	-45.91	-45.67	-10.76	-639	0.00	-512
Additional Paid-In Capital	0.8%	1,596	1,584	1,550	1,531	1,513	1,495	1,472	1,450	1,423	766	-	-	-	-	746	0.00	729
Shares Outstanding	-100.0%	-	277	275	272	267	266	265	264	80.00	46.00	-	-	-	9.00	44.00	8.00	43.00

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q3	2021Q2	2021Q2	2021Q1	2021Q1	2020Q4	2020Q4	2020Q1
Cashflow From Operations	70.1%	-6,837	-22,870	9,597	-30,601	-14,815	-30,314	-22,270	-6,534	-21,195	-	4,841	-	-7,098	3,882	-261	-	-	-	-
Share Based Compensation	-0.6%	12,521	12,598	16,657	15,356	15,703	19,438	20,581	19,822	29,337	4,643	-	4,874	-	3,102	-	-	-	-	-
Cashflow From Investing	-147.1%	-9,554	20,270	-31,721	-12,581	-4,785	-34,292	-199,534	-3,652	-15,966	-	-338,778	-	-342,234	-2,766	-345,000	-	-	-	-
Cashflow From Financing	36.3%	-1,241	-1,947	191	1,399	1,483	2,327	-502	4,552	469,671	-	328,967	-	346,290	2,156	346,120	-	-	-	-

PL Income Statement

2024-01-31

Consolidated Statements of Operations - USD ($)
$ in Thousands

12 Months Ended

Jan. 31, 2024

Jan. 31, 2023

Jan. 31, 2022

Income Statement [Abstract]

Revenue

^[1]

$ 220,696

$ 191,256

$ 131,209

Cost of revenue

^[1]

107,746

97,248

82,987

Gross profit

112,950

94,008

48,222

Operating expenses

Research and development

^[1]

116,339

110,916

66,684

Sales and marketing

86,304

78,020

52,917

General and administrative

80,055

80,747

56,672

Total operating expenses

282,698

269,683

176,273

Loss from operations

(169,748)

(175,675)

(128,051)

Debt extinguishment loss

(1,690)

Interest income

15,414

7,672

Interest expense

(8,772)

Change in fair value of convertible notes and warrant liabilities

13,709

6,554

5,726

Other income (expense), net

931

330

(2,248)

Total other income (expense), net

30,054

14,556

(6,963)

Total loss before income taxes

(139,694)

(161,119)

(135,014)

Provision for income taxes

815

847

2,110

Net loss

$ (140,509)

$ (161,966)

$ (137,124)

Basic net loss per share attributable to common stockholders (in USD per share)

$ (0.50)

$ (0.61)

$ (1.72)

Diluted net loss per share attributable to common stockholders (in USD per share)

$ (0.50)

$ (0.61)

$ (1.72)

Basic weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders, basic (in shares)

279,585,698

267,126,918

79,610,970

Diluted weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders, diluted (in shares)

279,585,698

267,126,918

79,610,970

[1]	Balance includes related-party transactions entered into with Google. See Note 15.

PL Balance Sheet

2024-01-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Jan. 31, 2024

Jan. 31, 2023

Current assets

Cash and cash equivalents

$ 83,866

$ 181,892

Restricted cash and cash equivalents, current

8,360

527

Short-term investments

215,041

226,868

Accounts receivable, net of allowance of $1,539 and $1,289, respectively

43,320

38,952

Prepaid expenses and other current assets

19,564

27,416

Total current assets

370,151

475,655

Property and equipment, net

113,429

108,091

Capitalized internal-use software, net

14,973

11,417

Goodwill

136,256

112,748

Intangible assets, net

32,448

14,831

Restricted cash and cash equivalents, non-current

9,972

5,657

Operating lease right-of-use assets

22,339

20,403

Other non-current assets

2,429

3,921

Total assets

701,997

752,723

Current liabilities

Accounts payable

2,601

6,900

Accrued and other current liabilities

^[1]

44,779

46,022

Deferred revenue

^[1]

72,327

51,900

Liability from early exercise of stock options

8,964

12,550

Operating lease liabilities, current

7,978

4,885

Total current liabilities

136,649

122,257

Deferred revenue

^[1]

5,293

2,882

Deferred hosting costs

^[1]

7,101

8,679

Public and private placement warrant liabilities

2,961

16,670

Operating lease liabilities, non-current

16,952

17,145

Contingent consideration

5,885

7,499

Other non-current liabilities

9,138

1,487

Total liabilities

183,979

176,619

Commitments and contingencies (Note 11)

Stockholders’ equity

Common stock, $0.0001 par value, 570,000,000, 30,000,000 and 30,000,000 Class A, Class B and Class C shares authorized at January 31, 2024 and 2023, 268,117,905 and 250,625,975 Class A shares issued and outstanding at January 31, 2024 and 2023, respectively, 21,157,586 Class B shares issued and outstanding at January 31, 2024 and 2023, 0 Class C shares issued and outstanding at January 31, 2024 and 2023

^[1]

Additional paid-in capital

1,596,201

1,513,102

Accumulated other comprehensive income

1,594

2,271

Accumulated deficit

(1,079,805)

(939,296)

Total stockholders’ equity

518,018

576,104

Total liabilities and stockholders’ equity

$ 701,997

$ 752,723

[1]	Balance includes related-party transactions entered into with Google, LLC (“Google”). See Note 15.

About Planet Labs PBC

Planet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company offers planet monitoring, basemap, tasking, apps, variables, hyperspectral, analytic feeds, and platform, as well as planet professional services including launch program, architectural workshop, planet training, integration and data services, and quick start services; and technical support services, which includes planet help center, developer resource center, and planet community and university. It serves agriculture, civil government, civil and intelligence, drought response, science programs, energy and infrastructure, finance and insurance, forestry and land, mapping, maritime, planet federal, and nonprofit program markets. The company is headquartered in San Francisco, California.

CEO	Mr. William Spencer Marshall
WEBSITE	planet.com
INDUSTRY	Aerospace & Defense
EMPLOYEES	1170

Planet Labs PBC Frequently Asked Questions

What is the ticker symbol for Planet Labs PBC? What does PL stand for in stocks?

PL is the stock ticker symbol of Planet Labs PBC. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Planet Labs PBC (PL)?

As of Mon Apr 15 2024, market cap of Planet Labs PBC is 499.06 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PL stock?

You can check PL's fair value in chart for subscribers.

What is the fair value of PL stock?

You can check PL's fair value in chart for subscribers. The fair value of Planet Labs PBC is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Planet Labs PBC is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Planet Labs PBC a good stock to buy?

The fair value guage provides a quick view whether PL is over valued or under valued. Whether Planet Labs PBC is cheap or expensive depends on the assumptions which impact Planet Labs PBC's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PL.

What is Planet Labs PBC's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, PL's PE ratio (Price to Earnings) is -3.55 and Price to Sales (PS) ratio is 2.26. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PL PE ratio will change depending on the future growth rate expectations of investors.