News

The space stock has surged 474% in the past year, but dilution fears have triggered the recent sell-off.

Planet Labs ties defense momentum to an AI push as Q1 FY27 revenues hit a record $94.2M, backlog tops $906M, and full-year sales outlook rises.

Planet Labs established a new at-the-market equity offering program to raise up to $1.5 billion.

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Planet Labs PBC (PL) reports a 42% revenue growth, strong defense sector performance, and strategic expansions despite competitive and geopolitical challenges.

Planet Labs PBC (NYSE:PL) reported record first-quarter fiscal 2027 revenue and raised its full-year sales outlook, citing strong demand from defense and intelligence customers, international governments seeking sovereign space capabilities, and expanding use of its AI-enabled geospatial products.

PL is set to report Q1 earnings on June 4 with expected $89.8M revenue (+35.5%) but a loss of 3 cents.