⚠️ Not investment advice. This is a quantitative research tool; every decision is the user's own responsibility. Past performance does not guarantee future results.⚠️ Not investment advice. Past performance does not guarantee future results.
⚠️ Not investment advice. Past performance does not guarantee future results.
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Planet Labs PBC PL

United StatesIndustrials · Aerospace & DefenseUSD
2.8AI score
Rank 2,097 of 2,130
better than 2% of companies
17.75USD
▲ 20.7% in one year
PL MSCI World +22.1%
Average analyst target
33.40 USD (+88.2%)
10 analysts
52-wk low 10.52High 51.76
📈 Chart on TradingView ↗(affiliate link)Analysis of 08/10/2026

What does it do?

Planet Labs PBC is a space technology company that operates a constellation of Earth observation satellites and sells high-frequency data and imagery to government, agricultural, and commercial customers.

Key points

from its scores
  • ✓Strong growth10.0
  • ✕Little or no dividend0.5
  • ✕Demanding valuation1.0
  • ✕Unfavourable risk and backdrop1.1

AI analysis

bottom line, main risk, context and news
Bottom line

Growth is real, but extreme leverage and lack of profitability make the stock very risky at current valuation levels.

Planet Labs shows exceptional revenue growth of 58%, but its financial health is very weak (Net Debt/EBITDA of 7.58, operating margin of -12%) and its valuation is extremely demanding (P/Sales of 17.07), making it a high-risk bet that depends on its ability to achieve profitability.

⚠ Main risk

The biggest risk is extreme leverage (Net Debt/EBITDA of 7.58) combined with negative operating margins, which could lead to solvency problems if growth slows or access to financing becomes more expensive.

Context and risks

Planet Labs operates in the US aerospace and defense sector, a market with growing institutional demand, but its business depends on government and defense contracts, subject to budget cycles and active regulatory scrutiny. The company has very high leverage (Net Debt/EBITDA of 7.58) and negative operating margins, making it vulnerable to any delay or cancellation in public contract awards, a risk not captured by financial metrics.

Is Planet Labs PBC stock cheap or expensive?

at the analysis date
Pricier than its sector

On Price / sales, it trades 729% above the Industrials median.

MultipleCompanySectorDifference
Price / book14.34.1+252%
Price / sales17.12.1+729%

Sector: median of the 388 Industrials companies analysed. In bold, the multiples used for the comparison.

Valuation score: 1.0 out of 10 (median for Industrials: 5.0).

Average analyst target: 33.40 USD, +88.2% versus the price.

A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 2.4 (sector 5.8), Growth 10.0 (sector 6.6).

Indicative fair value · USD
Cash flow (DCF)2.50▼ −86% vs price
Price17.75at the analysis date

Classic formulas with standard assumptions (5.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.

Work out its fair value yourself →How much would you have made investing every month? →

Comparing it with its sector does not say whether it is a good buy: this is not investment advice.

🛒 Where to buy PLCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderAvailable in your country · US (NYSE/Nasdaq) · sample 200.00 € order
By the cost of that order: commission and FX, taxes excluded (public fee schedules). Brokers marked «affiliate» may pay Meridian a commission at no cost to you. This is not investment advice. · Compare all 22 brokers by real cost →

Score by category

0 to 10 · hover overtap each one to see what it measures
Financial healthiPoor2.8Industrials median: 6.4
Quality / MoatiPoor2.4Industrials median: 5.8
ValuationiPoor1.0Industrials median: 5.0
GrowthiExcellent10.0Industrials median: 6.6
DividendiPoor0.5Industrials median: 5.4
MomentumiFair6.5Industrials median: 5.9
Risk & ContextiPoor1.1Industrials median: 6.0
Industrials median7 or more 5 to 7 under 5

Key metrics

at the analysis date · compared with the Industrials median
EV / EBITDAi
−132.0
Industrials: 14.5below
ROEi
−72.0%
Industrials: 16.9%below
Operating margini
−12.0%
Industrials: 12.4%below
Net debt / EBITDAi
7.58
Industrials: 1.58above
Revenue growthi
+58.1%
Industrials: +9.2%above
Dividend yieldi
0.0%
Industrials: 1.3%below

Valuation

Forward P/E
−14,200.0
EV / EBITDA
−132.0
Price / book
14.3
Price / sales
17.1
Market cap
6.5B USD
Enterprise value
6.4B USD

Profitability

ROE
−72.0%
ROA
−5.0%
ROIC (approx.)
−4.8%
Gross margin
55.5%
Operating margin
−12.0%
Net margin
−95.1%
Free cash flow
51.7M USD
FCF yield
0.8%

Solvency

Total debt
498.6M USD
Net debt
−366.8M USD
Cash
865.4M USD
EBITDA
−48.4M USD
Net debt / EBITDA
7.58
Debt / equity
88.35
Current ratio
2.84
Quick ratio
2.63

Growth

Revenue growth
+58.1%
EPS (TTM)
−1.10 USD
EPS (forward)
−0.00 USD

Dividend

Dividend yield
0.0%

Risk and market

Beta
2.17
Analyst consensus
none (10)
Target price
33.40 USD
52-week range
10.52 – 51.76

Compare it with its sector

All 388 in Industrials →
See the full ranking with filters →

Keep browsing the ranking

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Frequently asked questions about Planet Labs PBC

Is Planet Labs PBC stock cheap or expensive?

On Price / sales, it trades 729% above the Industrials median. Valuation score: 1.0 out of 10 (median for Industrials: 5.0). Average analyst target: 33.40 USD, +88.2% versus the price. This is not investment advice.

What score does Planet Labs PBC get on MeridIAn Screener?

It scores 2.8 out of 10, rank 2,097 of 2,130 (better than 2% of the companies analysed). Its strongest category is Growth (10.0) and its weakest, Dividend (0.5). Analysis of 08/10/2026.

How much is Planet Labs PBC worth on the stock market?

Its market capitalisation is 6.5B USD and its enterprise value, debt included, is 6.4B USD.

How much debt does Planet Labs PBC have?

It has more cash than debt: net cash of 366.8M USD.

Does Planet Labs PBC pay a dividend?

It pays no dividend, or almost none.

How has Planet Labs PBC stock performed over the last year?

It has risen 20.7% over the last year, excluding dividends. Over the last 52 weeks it has traded between 10.52 and 51.76 USD. Past performance does not guarantee future results.

What do analysts think of Planet Labs PBC?

10 analysts cover it; their average recommendation is “none” and their average target is 33.40 USD (+88.2% versus the price). It is an estimate, not market data.