Planet Labs PBC (PL) Expected to Announce Quarterly Earnings on Wednesday

Planet Labs PBC (NYSE:PL) is expected to be issuing its Q3 2026 results after the market closes on Wednesday, December 10th. Analysts expect Planet Labs PBC to post earnings of ($0.02) per share and revenue of $72.0220 million for the quarter. Parties are encouraged to explore the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Wednesday, December 10, 2025 at 5:00 PM ET.

Planet Labs PBC (NYSE:PL) last released its earnings results on Monday, September 8th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.03). Planet Labs PBC had a negative return on equity of 20.25% and a negative net margin of 34.46%.The business had revenue of $73.39 million for the quarter, compared to analysts’ expectations of $65.88 million. During the same quarter last year, the company posted ($0.06) earnings per share. The business’s quarterly revenue was up 20.1% compared to the same quarter last year. On average, analysts expect Planet Labs PBC to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Planet Labs PBC Trading Up 0.9%

Shares of NYSE:PL opened at $11.80 on Wednesday. The firm has a market cap of $3.63 billion, a price-to-earnings ratio of -39.34 and a beta of 2.00. The stock’s 50-day moving average price is $12.99 and its two-hundred day moving average price is $8.77. Planet Labs PBC has a 12-month low of $2.79 and a 12-month high of $16.78.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Citizens Jmp cut shares of Planet Labs PBC from an “outperform” rating to a “market perform” rating in a research report on Tuesday, October 21st. Weiss Ratings reissued a “sell (d-)” rating on shares of Planet Labs PBC in a research note on Wednesday, October 8th. Citigroup restated an “outperform” rating on shares of Planet Labs PBC in a report on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft lifted their target price on Planet Labs PBC from $10.00 to $16.00 and gave the company a “buy” rating in a report on Tuesday, October 21st. Finally, Cantor Fitzgerald upped their price target on Planet Labs PBC from $8.50 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, October 17th. Eight research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Planet Labs PBC presently has a consensus rating of “Moderate Buy” and an average price target of $11.26.

Insider Activity at Planet Labs PBC

In other news, insider Robert H. Schingler sold 81,656 shares of the business’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of $15.50, for a total transaction of $1,265,668.00. Following the transaction, the insider directly owned 1,288,843 shares of the company’s stock, valued at approximately $19,977,066.50. The trade was a 5.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 17.53% of the company’s stock.

Institutional Investors Weigh In On Planet Labs PBC

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PL. Victory Capital Management Inc. lifted its holdings in Planet Labs PBC by 3.6% in the 3rd quarter. Victory Capital Management Inc. now owns 25,855 shares of the company’s stock worth $336,000 after buying an additional 896 shares in the last quarter. Larson Financial Group LLC acquired a new stake in shares of Planet Labs PBC during the third quarter valued at about $39,000. Sei Investments Co. increased its position in shares of Planet Labs PBC by 10.3% during the third quarter. Sei Investments Co. now owns 38,701 shares of the company’s stock worth $502,000 after acquiring an additional 3,617 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of Planet Labs PBC in the third quarter worth about $56,000. Finally, Wexford Capital LP purchased a new position in Planet Labs PBC in the third quarter valued at about $63,000. Hedge funds and other institutional investors own 41.71% of the company’s stock.

About Planet Labs PBC

Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company’s platform offers planet monitoring, basemap, tasking, apps, and application programming interfaces, as well as analytics and planetary variables.