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PL

Planet Labs PBCB
NYSE / Commercial & Professional Services
Last Price
Quote time unavailable
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Current thesis
The Q2 print materially strengthened the operating case: record 58% revenue growth, positive adjusted EBITDA, high recurring ACV, substantial RPO/backlog, strong liquidity, and new government and defense wins. Successful conversion of the satellite-services pipeline and AI products could support sustained growth and multiple expansion.
Posture
Constructive
Lead driver
Sentiment
What changed
2 setup hits (3d) with net bearish as of 2026-09-09.
What can break
Backlog includes contracts with termination-for-convenience and funding-appropriation provisions, so reported backlog may not fully convert to revenue [#SEC-8K-2026-09-03].
Momentum
5
Value
37
Sentiment
85
Setup hits (3d)
2 · Net Bearish
AI TargetsBase $21.00 · Bull $28.00 · Bear $13.50Analysis 2026-09-04; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-08 • Model: HYBRID_IC_RP
AI Memo
As of 2026-09-04 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-09-08

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-08. Definitions

Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Bearish
Target $35.00
Why
Momentum5 · Δ7d -1.4
Value37 · Δ7d -0.1
Sentiment85 · Δ7d -11.4
So what
Strength-led posture (Net Bearish). Favor watchlist adds and disciplined entries.

Confirming evidence

  • • 2 setup hits (3d) with net bearish as of 2026-09-09.
  • • Sentiment remains the lead driver in the composite, 7D delta -11.4.

Contradictions & invalidation

  • • Backlog includes contracts with termination-for-convenience and funding-appropriation provisions, so reported backlog may not fully convert to revenue [#SEC-8K-2026-09-03].
  • • Q3 adjusted EBITDA is guided to a loss of $1 million-$6 million, while full-year capital expenditures are guided to $100 million-$115 million [#SEC-8K-2026-09-03].
  • • The market may focus on Q3’s expected sequential revenue decline, planned adjusted EBITDA loss, lower gross margin, increased capital spending, and ATM dilution.

Catalyst clock

2026-09-03

Q2 FY2027 results delivered record growth and profitability

Lead driver: Sentiment · See AI snapshot
Momentum
5
9% active weight
Current posture
7d trendSoftening
Δ7d
-1.4
Δ21d
-3.0
Value
37
28% active weight
Current posture
7d trendFlat
Δ7d
-0.1
Δ21d
+0.1
Sentiment
85
62% active weight
Current posture
7d trendSoftening
Δ7d
-11.4
Δ21d
+14.7
Why this grade

Composite grade B. Momentum 5.1 / Value 36.9 / Sentiment 85.0

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-09-04. Scenario method

B+
Bull case
20%
Probability
Target price
$28.00
Analysis reference price unavailable
Analysis 2026-09-04 · RankAlpha Sentiment Codex
Most likely
B
Base case
55%
Probability
Target price
$21.00
Analysis reference price unavailable
Analysis 2026-09-04 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$13.50
Analysis reference price unavailable
Analysis 2026-09-04 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$8.69B
Beta
1.94
Shares Out
356.4M
P/E (TTM) · Derived
-30.4
P/S (TTM)
23.75
P/FCF (TTM)
193.10
Rev YoY
+42.1%
EPS YoY
+854.6%
Gross Margin
+55.5%
Op Margin
-29.9%
Net Debt
-$178.25M
Current Ratio
2.80
As of 2026-09-08 • Updated nightlySource: Internal modelMethods & Data