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Planet Labs PBC engages in the design, construction, and launch of constellations of satellites with the intent of providing high-cadence geospatial data delivered to customers through an online platform in the United States and internationally. The company offers SuperDove satellites to create an always-online scanner for the planet, with the goal of imaging the Earth every day at a ground sampling distance (GSD) resolution of up to 3.5 meters. This combines planet monitoring with other scientific-grade radiometric data from public satellite data programs; and SkySat and Pelican satellites to capture a specified location several times per day, achieving a GSD resolution of up to 50 centimeters after processing, powered by an application programming interface. It also provides Tanager, a hyperspectral imaging satellite that delivers full-spectrum imagery across the visible and shortwave infrared regions, and the Earth Observation platform, which enables customers and partners to access, analyze, and act on its proprietary data catalog by discovering image tasking capacity, relevant data layers, extracting useful information, and delivering insights through custom-built solutions or GIS workflows via APIs and browser-based applications. In addition, the company’s satellite services arrangements include designing and manufacturing customer-owned satellites, mission systems engineering, launch procurement, ground station infrastructure, satellite operations, and maintenance, as well as dedicated image tasking capacity on company-owned or customer-owned satellites. It serves agriculture, mapping, energy, forestry, finance, and insurance companies, as well as government agencies. Planet Labs PBC was founded in 2010 and is headquartered in San Francisco, California.
Future Trajectory | Analyst price targets range from $4.50 to $8.50, reflecting optimism about Planet Labs' AI initiatives and potential for long-term value creation in Earth observation |
Strategic Partnerships | Delve into Planet Labs' $230 million Asia-Pacific deal and expanded NASA contract, showcasing the company's growing influence in commercial and government sectors |
Financial Milestones | Explore Planet Labs' impressive 10% YoY revenue growth and first-ever FCF positive quarter, signaling strong momentum in the space economy |
Satellite Revolution | Planet Labs PBC leads Earth observation market with over 200 satellites, providing daily global imaging and valuable geospatial data to diverse clients |

Metrics to compare | PL | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipPLPeersSector | |
|---|---|---|---|---|
P/E Ratio | −47.6x | −11.5x | 12.5x | |
PEG Ratio | 0.53 | −0.53 | 0.03 | |
Price / Book | 62.3x | 3.7x | 1.4x | |
Price / LTM Sales | 38.2x | 1.8x | 1.3x | |
Upside (Analyst Target) | 6.1% | 22.2% | 19.8% | |
Fair Value Upside | Unlock | 2.9% | 5.9% | Unlock |