PL

Planet Labs PBC (PL) stock has experienced significant volatility, with a 68.77% increase over the last 12 months, but a year-to-date return of -16.45% and a 33.56% decrease in the past month as of September 12, 2026. In September 2026, the company reported Q2 fiscal 2027 earnings with revenue of $116.1 million, up 58% year-over-year and beating estimates, and posted $0.02 EPS versus a forecast loss, with defense and intelligence revenue surging over 90% year-over-year to represent approximately 70% of sales; despite beating estimates, shares declined 1.3% and the company raised its full-year capital spending guidance for Pelican and Owl satellite programs. In October 2026, the stock surged by 7.93% due to bullish sentiment on expanding satellite data contracts, following its 40th successful launch of 20 new satellites, bringing its total fleet delivered to 718 spacecraft, and announcements of a new Berlin factory for Pelican satellites and involvement in the Amazon.ia biodiversity AI platform, with shares rising 7.0% on October 6, 2026. In July 2026, PL shares fell approximately 38% due to dilution fears from a $1.5 billion at-the-market equity offering, post-SpaceX IPO capital rotation, and multiple insider stock sales, with margin compression and elevated capital expenditure forecasts also weighing on investor sentiment despite record quarterly revenue and raised full-year guidance. Analyst upgrades included Barclays upgrading Planet Labs PBC to a 'Hold' rating on October 10, 2026, while Wedbush and Berenberg Bank initiated coverage with 'outperform' and 'buy' ratings in July and September 2026, respectively.