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 the United States and internationally. The company’s platform offers planet monitoring, tasking, archive, apps, application programming interfaces (APIs), basemaps, and fusion, as well as analytic feeds and planetary variables. It also provides Tanager, a hyperspectral imaging satellite that delivers full-spectrum imagery across the visible and shortwave infrared regions; and Earth Observation platform, which enables customers and partners to access, analyze, and act on its proprietary data catalog by discovering relevant data layers, extracting useful information, and delivering insights through custom-build solutions or GIS workflows through APIs and browser-based applications. It serves agriculture, mapping, energy, forestry, finance, and insurance companies, as well as government agencies. Planet Labs PBC was founded in 2010 and is headquartered in San Francisco, California.
Future Trajectory | Analyst price targets range from $4.50 to $8.50, reflecting optimism about Planet Labs' AI initiatives and potential for long-term value creation in Earth observation |
Strategic Partnerships | Delve into Planet Labs' $230 million Asia-Pacific deal and expanded NASA contract, showcasing the company's growing influence in commercial and government sectors |
Financial Milestones | Explore Planet Labs' impressive 10% YoY revenue growth and first-ever FCF positive quarter, signaling strong momentum in the space economy |
Satellite Revolution | Planet Labs PBC leads Earth observation market with over 200 satellites, providing daily global imaging and valuable geospatial data to diverse clients |
Metrics to compare | PL | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipPLPeersSector | |
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P/E Ratio | −17.5x | 1.7x | 12.3x | |
PEG Ratio | −0.72 | 0.02 | 0.03 | |
Price / Book | 4.2x | 2.9x | 1.4x | |
Price / LTM Sales | 7.4x | 2.3x | 1.2x | |
Upside (Analyst Target) | 14.0% | 14.3% | 15.7% | |
Fair Value Upside | Unlock | 27.8% | 6.7% | Unlock |