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Dec 11, 2025 4:00 PM

These Analysts Boost Their Forecasts On Planet Labs After Q3 Results

Planet Labs PBC (NYSE:PL) reported better-than-expected third-quarter sales results and raised its FY26 sales guidance above estimates on Wednesday.

Planet Labs reported third-quarter revenue of $81.25 million, beating analyst estimates of $71.99 million, according to Benzinga Pro. The satellite imaging company reported breakeven adjusted earnings per share and a loss of 19 cents per share on a GAAP basis.

"We delivered a strong third quarter, marked by continued momentum in the business, accelerated revenue growth, and excellent progress on our profitability goals. We're seeing strong traction with our AI-enabled global monitoring solutions, demonstrated by our recent award under the NGA's Luno B program and expansion with NATO," ...