Planet Labs Stock To $20?

Image for article Planet Labs Stock To $20?
News Source : Forbes

News Summary

  • Planet Labs (NYSE:PL) has evolved from a specialized satellite operator into a swiftly growing AI-driven data platform.
  • Currently, shares are trading near $9, having increased by over 110% year-to-date from their early 2025 lows.
  • With revenue expected to nearly triple by 2028, even moderate compression of its current sales multiple will still sustain elevated share prices.
  • Planet’s history of volatility, ongoing unprofitability, and fierce competition categorize this as a high-risk, high-reward investment.
CHONGQING, CHINA SEPTEMBER 4 In this photo illustration, a smartphone shows the logo of Planet Labs PBC (NYSE PL), a U.S. company specializing in Earth imaging and geospatial solutions, with the [+5839 chars]

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