Planet Labs stock dips ahead of Q2 results as satellite launch nears
Published on 09/02/2026 at 10:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Planet Labs PBC (ISIN US72919Q1058) stock recently traded at 19.23 USD on the New York Stock Exchange as of September 1, 2026, down 0.16% on the day according to market data from Yahoo Finance, while a European listing showed 16.60 EUR on the same date on finanzen.net.
Q2 earnings expectations and recent growth
According to an earnings preview on Yahoo Finance dated September 2, 2026, analysts expect Planet Labs to report year on year revenue growth of 43.3% for its upcoming second quarter, compared with a 20.1% increase in the same quarter a year earlier.
The same analysis notes that in the previous quarter, Planet Labs generated revenue of 94.15 million USD, up 42.1% year on year, and exceeded analysts EPS estimates while issuing revenue guidance for the next quarter above consensus.
Analyst targets and valuation context
The Yahoo Finance preview also highlights that the average analyst price target for Planet Labs stands at 40.10 USD, roughly double the current share price of about 19.28 USD as of early September 2026, indicating a significant implied upside based on those estimates.
Separately, a MarketBeat summary dated September 1, 2026 reports that Planet Labs shares opened at 19.83 USD on a recent trading day, corresponding to a market capitalization of 7.07 billion USD and a price to earnings ratio of negative 17.39, with the stock described as carrying a beta of 2.11.
Track Planet Labs stock and filings
More Planet Labs stock coverage, regulatory filings and ad hoc announcements are available via the company topic overview at ad-hoc-news.de.
Satellite launch plans and growth initiatives
A Business Wire release summarized by Ground News on September 2, 2026 reports that Planet Labs has delivered its Tanager-2 satellite and 18 SuperDove satellites of the Flock 4J constellation to Vandenberg Space Force Base in California in preparation for launch on SpaceX's Transporter-18 rideshare mission.
This launch is expected to expand Planet Labs high cadence Earth observation capabilities, supporting both defense and commercial customers and contributing to the company's growth strategy beyond the upcoming earnings release.
Earth observation products and services
Planet Labs is best known for its daily Earth imaging products, including its Dove and SuperDove small satellites that capture high resolution optical imagery of the entire planet's landmass, as well as analytic services that transform this imagery into actionable data for customers in agriculture, mapping, government and climate monitoring.
Stock price snapshot
Based on Yahoo Finance data as of the close on September 1, 2026, Planet Labs stock closed at 19.26 USD, with a slight decline of 0.59 USD or 2.97% during that session, before moving marginally lower to 19.23 USD in late trading; a European price snapshot from finanzen.net on September 2, 2026 shows the stock at 16.60 EUR, down 2.35% on that day.
Planet Labs stock at a glance
- Company: Planet Labs PBC
- ISIN: US72919Q1058
- Ticker: PL
- Trading venue: NYSE
- Price (as of September 1, 2026, 16:00): 19.26 USD
- Market capitalization: 7.07 billion USD (as of September 1, 2026)
- Sector / Industry: Technology / Earth observation and data analytics
- Index membership: not specified in major benchmarks
