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Why Planet Labs Stock Just Rocketed

TheMotleyFool 
0 0 11.12.25
Why Planet Labs Stock Just Rocketed
 

Earth observation satellite company Planet Labs (NYSE: PL) stock rocketed 32.5% through 11:10 a.m. ET Thursday morning, after beating analyst forecasts for both sales and earnings last night.

Heading into the fiscal Q3 2026 report, analysts weren't optimistic, expecting Planet to lose $0.04 per share on $72 million in sales. Instead, Planet broke even -- zero cents lost, zero cents earned -- and scored $81 million in revenue.

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Source Fool.com

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