Up 96% in Just 1 Month, Is Planet Labs Now Too Pricey to Buy?

"Planet Labs ( ) has been on a tear, soaring 388% in 2025 and up another 96% since reporting earnings one month ago. The stock is up an incredible 811% from its 52-week low of $2.79 per share. While it has been winning significant government contracts, such as yesterday's announcement that it won a nine-figure contract from the Swedish government, which drove the stock 12% higher, PL is unprofitable and likely won't be for some time."

"Planet Labs operates the world's largest fleet of Earth-imaging satellites, capturing high-resolution imagery of the entire planet daily. The company collects and analyzes data from over 200 satellites, including its Dove constellation for medium-resolution coverage and SkySat for high-resolution tasking. This enables applications in agriculture, defense, energy, and environmental monitoring. What sets Planet Labs apart from other space stocks, such as launch-focused companies like Rocket Lab ( ), is its emphasis on data products and analytics rather than hardware or propulsion. While competitors may provide sporadic imaging, Planet Labs delivers consistent, global daily scans, processed through machine learning platforms for actionable insights like change detection and object identification."

"Space Sector Boom Fuels the Surge The market has suddenly latched onto Planet Labs amid broader enthusiasm for space stocks. Sector tailwinds include rising demand for satellite data in climate tracking and national security. SpaceX's expected IPO later this year has amplified investor interest in space-related firms, drawing attention to players like Planet Labs. Since its Dec. 10 fiscal third quarter 2026 earnings call, where it reported record revenue of $81 million (up 33% year-over-year), the sto"

Planet Labs has experienced a massive stock rally in 2025 and beyond, driven by substantial government contracts and growing investor interest in space stocks. The company operates the world's largest daily Earth-imaging satellite fleet, collecting data from over 200 satellites (Dove and SkySat) and applying machine learning for change detection and object identification across agriculture, defense, energy, and environmental monitoring. Revenue is accelerating—record Q3 FY2026 revenue reached $81 million, up 33% year-over-year—but the company remains unprofitable and likely will not be profitable for some time, creating valuation risk despite a large addressable market.

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