Earnings Surprise: Planet Labs reported first-quarter revenue of $94.2 million, a 42 percent jump from a year earlier and ahead of expectations. The company also raised its full-year forecast, citing surging demand from defense and intelligence sectors. Social media observers highlighted the robust backlog and recurring revenue as key strengths driving long-term visibility.
Market Reaction: Shares slipped in after-hours trading despite the beat, reflecting profit-taking after a more than 120 percent year-to-date advance. Analysts maintained buy ratings even as price targets trailed the recent rally. Discussions on social media focused on the non-cash accounting items that inflated the reported net loss but left underlying operations intact.
Growth Outlook: Investors noted the company's expanding role in satellite imagery for AI training and climate monitoring. Gross margins remained resilient near 56 percent on a non-GAAP basis. Overall chatter reflected steady confidence in the business trajectory amid the volatility.
Note: This discussion summary was generated from an AI condensation of post data.
Planet Labs Insider Trading Activity
Planet Labs insiders have traded $PL stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.
Here’s a breakdown of recent trading of $PL stock by insiders over the last 6 months:
- ASHLEY F. JOHNSON (President & CFO) has made 0 purchases and 4 sales selling 350,731 shares for an estimated $11,092,021.
- WILLIAM SPENCER MARSHALL (Co-Founder and CEO) has made 0 purchases and 2 sales selling 400,000 shares for an estimated $10,886,360.
- ROBERT H SCHINGLER (Co-Founder Chief Strategy Off.) has made 0 purchases and 2 sales selling 147,465 shares for an estimated $4,012,393.
- KRISTEN ROBINSON sold 47,835 shares for an estimated $1,289,631
- ITA M BRENNAN sold 36,500 shares for an estimated $1,237,579
- VIJAYA GADDE sold 20,000 shares for an estimated $535,350
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Planet Labs Revenue
Planet Labs had revenues of $94.2M in Q1 2027. This is an increase of 42.08% from the same period in the prior year.
You can track PL financials on Quiver Quantitative's PL stock page.
You can access data on PL stock through the Quiver Quantitative API.
Planet Labs Hedge Fund Activity
We have seen 256 institutional investors add shares of Planet Labs stock to their portfolio, and 176 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AMERICAN CENTURY COMPANIES INC added 5,733,394 shares (+7134.3%) to their portfolio in Q1 2026, for an estimated $160,248,362
- BLACKROCK, INC. added 5,235,560 shares (+25.9%) to their portfolio in Q1 2026, for an estimated $146,333,902
- ALLIANCEBERNSTEIN L.P. added 3,797,295 shares (+1578.9%) to their portfolio in Q1 2026, for an estimated $106,134,395
- D. E. SHAW & CO., INC. added 3,470,024 shares (+54.1%) to their portfolio in Q4 2025, for an estimated $68,428,873
- ALPHABET INC. added 3,306,252 shares (+10.4%) to their portfolio in Q1 2026, for an estimated $92,409,743
- UBS GROUP AG added 2,835,917 shares (+363.1%) to their portfolio in Q1 2026, for an estimated $79,263,880
- LORD, ABBETT & CO. LLC added 2,475,619 shares (+inf%) to their portfolio in Q1 2026, for an estimated $69,193,551
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Planet Labs Analyst Ratings
Wall Street analysts have issued reports on $PL in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Buy" rating on 01/13/2026
- Clear Street issued a "Buy" rating on 12/29/2025
- Needham issued a "Buy" rating on 12/11/2025
To track analyst ratings and price targets for Planet Labs, check out Quiver Quantitative's $PL forecast page.
Planet Labs Price Targets
Multiple analysts have issued price targets for $PL recently. We have seen 8 analysts offer price targets for $PL in the last 6 months, with a median target of $35.0.
Here are some recent targets:
- Ryan Koontz from Needham set a target price of $53.0 on 06/05/2026
- Dan Ives from Wedbush set a target price of $50.0 on 06/05/2026
- Anthony Valentini from Goldman Sachs set a target price of $20.0 on 04/20/2026
- John Godyn from Citigroup set a target price of $35.0 on 04/02/2026
- Kristine Liwag from Morgan Stanley set a target price of $35.0 on 03/25/2026
- Colin Canfield from Cantor Fitzgerald set a target price of $40.0 on 03/20/2026
- Gregory Pendy from Clear Street set a target price of $34.0 on 03/20/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
