
33.40 USD (+88.2%)
10 analysts
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 newsGrowth 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.
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 dateOn Price / sales, it trades 729% above the Industrials median.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| Price / book | 14.3 | 4.1 | +252% |
| Price / sales | 17.1 | 2.1 | +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).
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.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Industrials medianValuation
- 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
Recent news
All PL news →Compare it with its sector
All 388 in Industrials →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.
