Planet Labs (PL) Rockets 388% Higher in 2025 — Here’s Why

We recently published 10 Market Stars Behind Millionaire-Making in 2025. Planet Labs PBC (NYSE:PL) is one of the top performers.

Planet Labs soared by 388.12 percent in 2025, with the highest jump bolstered by its stellar earnings performance in the last reported quarter and a more upbeat outlook for the fiscal year 2026.

Following its earnings call early last month, Planet Labs PBC (NYSE:PL) saw its share prices shoot up by as much as 35 percent in just a day, fueled by its higher revenue outlook of $297 million to $301 million for the full fiscal year, versus $281 million to $289 million previously, alongside a 14 percent revenue beat for the third quarter of the year.

In the last reported quarter, Planet Labs PBC (NYSE:PL) said that revenues soared by 32 percent to $81.2 million from $61.3 million in the same period last year, exceeding its earlier target of $71 million to $74 million. Nine-month tally saw a climb of 20.8 percent to $220.9 million versus $182.8 million prior.

Net loss, however, nearly tripled to $59.18 million from $20 million year-on-year, bringing its nine-month net loss higher by 7.2 percent to $94.4 million from $88.04 million.

Following the results, Planet Labs PBC (NYSE:PL) received a buy recommendation from various analysts including Needham, Cantor Fitzgerald, Citigroup, and Clear Street, among others.

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Disclosure: None. This article is originally published at Insider Monkey.