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. It serves agriculture, mapping, energy, forestry, finance and insurance companies, and government agencies. The company was founded in 2010 and is headquartered in San Francisco, California.
Satellite Imagery Giant | Planet Labs PBC leads the Earth observation market with a fleet of over 200 satellites, offering daily global coverage and unique AI-driven insights |
Financial Resilience | Explore Planet's journey towards profitability, with recent quarters exceeding expectations and a strategic workforce reduction to boost operational efficiency |
Government Contracts | Delve into Planet's expanding government pipeline, including a renewed NASA contract, signaling potential for larger, long-term partnerships in defense and intelligence |
Future Innovations | Analysts set an average price target of $4.50, as Planet prepares to launch advanced satellites with AI capabilities, potentially opening new revenue streams across sectors |
Metrics to compare | PL | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipPLPeersSector | |
---|---|---|---|---|
P/E Ratio | −9.9x | 1.3x | 11.8x | |
PEG Ratio | −0.39 | 0.00 | 0.03 | |
Price/Book | 2.5x | 3.0x | 1.4x | |
Price / LTM Sales | 4.8x | 2.4x | 1.2x | |
Upside (Analyst Target) | 26.5% | 16.9% | 25.3% | |
Fair Value Upside | Unlock | 12.6% | 7.2% | Unlock |