Planet Labs stock gains on record Q2 revenue

Published on 09/18/2026 at 10:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Planet Labs stock gained 6.52 percent to USD 17.07 on September 17, 2026. Q2 revenue rose 58.2 percent to USD 116.05 million and EPS beat by USD 0.04.

PL, US72919Q1058, Illustration mit AI erstellt.

Planet Labs stock (ISIN US72919Q1058) closed at USD 17.07 on September 17, 2026, up 6.52 percent, with a market value of USD 6.21 billion and volume of 11.16 million shares. The move followed a quarter in which revenue rose 58.2 percent to USD 116.05 million and adjusted EPS improved by USD 0.04 versus consensus.

Q2 beat still matters

According to MarketBeat, Planet Labs posted quarterly revenue of USD 116.05 million, compared with analyst expectations of USD 104.53 million, and adjusted earnings of USD 0.02 a share versus a forecast loss of USD 0.02. The same page puts the consensus price target at USD 32.78, or 92.1 percent above the last close of USD 17.07.

Insider sale adds tension

According to MarketBeat, company insider Ashley Johnson sold 55,663 shares on September 17, 2026, while Needham cut its price target to USD 40.00 from USD 53.00 and kept a Buy rating. The article also says Citizens kept a Market Perform view after the revenue print.

Stock near its yearly range

The stock traded between USD 10.22 and USD 51.76 over the 52-week range cited by MarketBeat, so the September 17 close sat closer to the lower end than the high. Planet Labs stock is also down 13.4 percent from the start of 2026 level cited on the same page.