Planet Labs (PL) Surges 10% Ahead of Earnings

Planet Labs PBC (NYSE:PL) is one of the 10 Stocks That Made Millionaires Today.

Planet Labs saw its share prices jump by 10.08 percent to close at $27.08 apiece, as investors loaded portfolios ahead of the results of its earnings performance this week.

The company is scheduled to release its financial and operating highlights for the fourth quarter of fiscal year 2026 after market close on Thursday, March 19. A conference call will be held to elaborate on the results.

Planet Labs

Photo from Planet Labs website

Planet Labs PBC (NYSE:PL) had earlier provided its revenue growth outlook for the said periods, with the full fiscal year expected to be in the range of $297 million to $301 million, or an implied growth of 21.5 percent to 23 percent year-on-year.

The company also expects to record a positive adjusted EBITDA of $6 million to $8 million, reversing a negative adjusted EBITDA of $10.6 million last fiscal year. Gross margin is projected at 57 to 58 percent.

For the fourth quarter alone, Planet Labs PBC (NYSE:PL) targets revenues at $76 million to $80 million, or an implied growth of 23 percent to 30 percent from the same quarter a year earlier.

However, it projects to swing to a negative adjusted EBITDA of $5 million to $7 million, versus an adjusted EBITDA gain of $2.4 million year-on-year.

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