Market Summary
USD3.52+0.02
Delayed0.57%
PL Stock Price
PL RSI Chart
PL Valuation
PL Price/Sales (Trailing)
PL Profitability
PL Fundamentals
PL Revenue
PL Earnings
Price Action
52 Week Range
3.297.52
(Low)(High)
Last 7 days
-11.8%
Last 30 days
-24.8%
Last 90 days
-21.9%
Trailing 12 Months
-19.2%
PL Financial Health
PL Investor Care
Financials for Planet Labs PBC
| Income Statement (Last 12 Months) | ||||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 10.6% | 184,374,667 | 166,652,778 | 148,930,889 | 131,209,000 | 129,048,000 |
| Gross Profit | 21.7% | 78,864,000 | 64,777,000 | 51,890,000 | 48,222,000 | 45,741,333 |
| Operating Expenses | 11.8% | 269,056,000 | 240,648,000 | 209,388,000 | 176,273,000 | 140,201,333 |
| S&GA Expenses | 40.7% | 76,961,333 | 54,686,910 | 39,138,022 | 52,917,000 | 27,328,931 |
| R&D Expenses | 13.5% | 106,248,000 | 93,609,000 | 79,304,000 | 66,684,000 | 52,694,667 |
| EBITDA | -1.5% | -121,698,000 | -119,871,000 | -77,924,000 | -81,199,000 | - |
| EBITDA Margin | 8.2% | -0.66 | -0.72 | -0.59 | -0.62 | - |
| Earnings Before Taxes | 0.8% | -167,895,000 | -169,245,000 | -150,063,000 | -135,014,000 | -120,449,333 |
| EBT Margin | 10.3% | -0.91 | -1.02 | -0.98 | -1.03 | - |
| Interest Expenses | -71.9% | 1,022,000 | 3,634,000 | 6,245,000 | 8,772,000 | 10,333,333 |
| Net Income | -25.3% | -165,500,000 | -132,065,827 | -90,508,960 | -137,124,000 | -75,053,676 |
| Net Income Margin | -13.3% | -0.90 | -0.79 | -1.14 | -1.05 | - |
| Free Cahsflow | -30.8% | -92,094,000 | -70,430,000 | -100,593,478 | -52,524,000 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q3 |
| Assets | -2.7% | 747 | 768 | 796 | 821 | 346 |
| Current Assets | -4.7% | 481 | 504 | 527 | 552 | 1.00 |
| Cash Equivalents | -24.0% | 199 | 262 | 485 | 491 | 0.00 |
| Net PPE | -4.6% | 115 | 121 | 125 | 133 | - |
| Goodwill | 0% | 103 | 103 | 103 | 103 | - |
| Liabilities | -0.8% | 153 | 154 | 165 | 173 | 53.00 |
| Current Liabilities | -10.2% | 110 | 122 | 129 | 132 | 4.00 |
| Shareholder's Equity | -3.2% | 594 | 614 | 631 | 648 | - |
| Retained Earnings | -4.7% | -901 | -861 | -821 | -777 | -52.54 |
| Additional Paid-In Capital | 1.5% | 1,495 | 1,472 | 1,450 | 1,423 | - |
| Accumulated Depreciation | 3.2% | 235 | 228 | 219 | - | - |
| Shares Outstanding | 0.7% | 268 | 266 | 264 | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -36.8% | -78.82 | -57.61 | -26.14 | -42.21 | 7.00 |
| Share Based Compensation | 19.9% | 89.00 | 74.00 | 59.00 | 42.00 | 17.00 |
| Cashflow From Investing | 22.1% | -316 | -406 | -14.61 | -25.15 | -695 |
| Cashflow From Financing | 5.0% | 9.00 | 8.00 | 18.00 | 489 | 697 |
Risks for PL
What is the probability of a big loss on PL?
56.6%
Probability that Planet Labs PBC stock will be more than 20% underwater in next one year
56.6%
Probability that Planet Labs PBC stock will be more than 30% underwater in next one year.
56.6%
Probability that Planet Labs PBC stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does PL drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Planet Labs PBC was unfortunately bought at previous high price.
Drawdowns
Returns for PL
Cumulative Returns on PL
Which funds bought or sold PL recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -0.04 | -21,817 | 87,183 | -% |
2023-03-01 | Meixler Investment Management, Ltd. | added | 173 | 329,960 | 606,960 | 0.61% |
2023-03-01 | Willow Creek Wealth Management Inc. | unchanged | - | -296,000 | 1,189,000 | 0.20% |
2023-02-28 | Voya Investment Management LLC | added | 13.6 | -396,071 | 4,017,930 | 0.01% |
2023-02-24 | NATIXIS | reduced | -1.19 | -152,175 | 518,825 | -% |
2023-02-22 | CVA Family Office, LLC | unchanged | - | -504 | 496 | -% |
2023-02-16 | GHP Investment Advisors, Inc. | unchanged | - | -825 | 2,175 | -% |
2023-02-15 | JANE STREET GROUP, LLC | reduced | -23.85 | -54,883 | 86,117 | -% |
2023-02-15 | ALLIANCEBERNSTEIN L.P. | unchanged | - | -180,012 | 724,988 | -% |
2023-02-15 | JANE STREET GROUP, LLC | added | 1.36 | -10,896 | 31,104 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Planet Labs PBC News
Schedule 13G FIlings of Planet Labs PBC
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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 |
PL Fair Value
Planet Labs PBC fair value in different scenarios
The table shows the Fair Value estimates for Planet Labs PBC for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 0.76 -78.41% | 1.03 -70.74% | 1.97 -44.03% | 3.71 5.40% | 5.29 50.28% |
| Current Inflation | 0.74 -78.98% | 0.97 -72.44% | 1.77 -49.72% | 3.22 -8.52% | 4.52 28.41% |
| Very High Inflation | 0.71 -79.83% | 0.90 -74.43% | 1.54 -56.25% | 2.66 -24.43% | 3.67 4.26% |
Historical Planet Labs PBC Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Planet Labs PBC
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 17, 2023 | 4 | Insider Trading | |
| Mar 17, 2023 | 4 | Insider Trading | |
| Mar 17, 2023 | 4 | Insider Trading | |
| Mar 17, 2023 | 4 | Insider Trading | |
| Mar 08, 2023 | 4 | Insider Trading | |
| Feb 09, 2023 | SC 13G | Major Ownership Report | |
| Feb 07, 2023 | 4 | Insider Trading | |
| Jan 31, 2023 | SC 13G/A | Major Ownership Report | |
| Jan 09, 2023 | 4 | Insider Trading | |
| Dec 16, 2022 | 4 | Insider Trading |
Latest Insider Trading transactions for PL
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-16 | Marshall William Spencer | acquired | - | - | 1,310,040 | co-founder and ceo |
2023-03-16 | Schingler Robert H | acquired | - | - | 545,852 | co-founder chief strategy off. |
2023-03-16 | Johnson Ashley F. | acquired | - | - | 655,022 | cfo & coo |
2023-03-15 | Weil Kevin | sold (taxes) | -101,770 | 4.01 | -25,379 | president, product & business |
2023-03-15 | Johnson Ashley F. | sold (taxes) | -27,849 | 4.01 | -6,945 | cfo & coo |
2023-03-06 | Johnson Ashley F. | sold (taxes) | -10,580 | 4.59 | -2,305 | cfo & coo |
2023-02-06 | Johnson Ashley F. | sold (taxes) | -11,045 | 4.79 | -2,306 | cfo & coo |
2023-01-06 | Johnson Ashley F. | sold (taxes) | -11,133 | 4.83 | -2,305 | cfo & coo |
2022-12-15 | Weil Kevin | sold (taxes) | -163,814 | 4.93 | -33,228 | president, product & business |
2022-12-15 | Johnson Ashley F. | sold (taxes) | -30,802 | 4.93 | -6,248 | cfo & coo |
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 Open Geospatial Consortium, a cloud-native proprietary technology that performs critical processing and overall harmonizing of images for time series and data fusion and analysis; and space-based hardware and related software systems. It serves agriculture, mapping, forestry, and finance and insurance, as well as federal, state, and local government bodies. The company was incorporated in 2010 and is headquartered in San Francisco, California.
PL Income Statement
2022-10-31Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||||
|---|---|---|---|---|---|---|
Oct. 31, 2022 | Oct. 31, 2021 | Oct. 31, 2022 | Oct. 31, 2021 | |||
| Income Statement [Abstract] | ||||||
| Revenue | [1] | $ 49,704 | $ 31,700 | $ 138,281 | $ 94,063 | |
| Cost of revenue | [1] | 24,728 | 20,811 | 73,333 | 59,757 | |
| Gross profit | 24,976 | 10,889 | 64,948 | 34,306 | ||
| Operating expenses | ||||||
| Research and development | [1] | 27,598 | 14,959 | 79,085 | 39,521 | |
| Sales and marketing | 19,383 | 12,441 | 57,721 | 33,691 | ||
| General and administrative | 20,627 | 11,800 | 61,128 | 31,939 | ||
| Total operating expenses | 67,608 | 39,200 | 197,934 | 105,151 | ||
| Loss from operations | (42,632) | (28,311) | (132,986) | (70,845) | ||
| Interest income | 2,853 | 8 | 4,276 | 12 | ||
| Interest expense | 0 | (2,612) | 0 | (7,750) | ||
| Change in fair value of convertible notes and warrant liabilities | (19) | (10,172) | 5,369 | (11,429) | ||
| Other income (expense), net | 1 | (60) | 123 | (325) | ||
| Total other income (expense), net | 2,835 | (12,836) | 9,768 | (19,492) | ||
| Loss before provision for income taxes | (39,797) | (41,147) | (123,218) | (90,337) | ||
| Provision for income taxes | 439 | 394 | 907 | 822 | ||
| Net loss | $ (40,236) | $ (41,541) | $ (124,125) | $ (91,159) | ||
| Basic net loss per share attributable to common stockholders (in dollars per share) | $ (0.15) | $ (0.88) | $ (0.47) | $ (1.97) | ||
| Diluted net loss per share attributable to common stockholders (in dollars per share) | $ (0.15) | $ (0.88) | $ (0.47) | $ (1.97) | ||
| Basic weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders (in shares) | 267,947,661 | 47,137,377 | 266,104,962 | 46,360,220 | ||
| Diluted weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders (in shares) | 267,947,661 | 47,137,377 | 266,104,962 | 46,360,220 | ||
| ||||||
PL Balance Sheet
2022-10-31Condensed Consolidated Balance Sheets (Unaudited) - USD ($) | Oct. 31, 2022 | Jan. 31, 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash and cash equivalents | $ 199,124,000 | $ 490,762,000 | ||
| Short-term investments | 226,163,000 | 0 | ||
| Accounts receivable, net of allowance of $1,488 and $1,031, respectively | 29,009,000 | 44,373,000 | ||
| Prepaid expenses and other current assets | 26,347,000 | 16,385,000 | ||
| Total current assets | 480,643,000 | 551,520,000 | ||
| Property and equipment, net | 115,385,000 | 133,280,000 | ||
| Capitalized internal-use software, net | 11,181,000 | 10,768,000 | ||
| Goodwill | 103,219,000 | 103,219,000 | ||
| Intangible assets, net | 12,419,000 | 14,197,000 | ||
| Restricted cash, non-current | 5,163,000 | 5,743,000 | ||
| Operating lease right-of-use assets | 15,806,000 | 0 | ||
| Other non-current assets | 3,412,000 | 2,714,000 | ||
| Total assets | 747,228,000 | 821,441,000 | ||
| Current liabilities | ||||
| Accounts payable | 2,557,000 | 2,850,000 | ||
| Accrued and other current liabilities | [1] | 42,629,000 | 48,823,000 | |
| Deferred revenue | [1] | 47,698,000 | 64,233,000 | |
| Liability from early exercise of stock options | 13,446,000 | 16,135,000 | ||
| Operating lease liabilities, current | 3,538,000 | 0 | ||
| Total current liabilities | 109,868,000 | 132,041,000 | ||
| Deferred revenue | [1] | 0 | 3,579,000 | |
| Deferred hosting costs | [1] | 9,853,000 | 12,149,000 | |
| Public and private placement warrant liabilities | 17,855,000 | 23,224,000 | ||
| Deferred rent | 0 | 798,000 | ||
| Operating lease liabilities, non-current | 14,024,000 | 0 | ||
| Other non-current liabilities | 1,461,000 | 1,405,000 | ||
| Total liabilities | 153,061,000 | 173,196,000 | ||
| Commitments and contingencies (Note 9) | ||||
| 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 October 31, 2022 and January 31, 2022, 248,215,356 and 241,017,687 Class A shares issued and outstanding at October 31, 2022 and January 31, 2022, respectively, 21,157,586 Class B shares issued and outstanding at October 31, 2022 and January 31, 2022, 0 Class C shares issued and outstanding at October 31, 2022 and January 31, 2022 | [1] | 27,000 | 27,000 | |
| Additional paid-in capital | 1,494,652,000 | 1,423,151,000 | ||
| Accumulated other comprehensive income | 943,000 | 2,096,000 | ||
| Accumulated deficit | (901,455,000) | (777,029,000) | ||
| Total stockholders’ equity | 594,167,000 | 648,245,000 | ||
| Total liabilities and stockholders’ equity | $ 747,228,000 | $ 821,441,000 | ||
| ||||