Planet Labs PBC

The stock is in a strong recovery regime after a deep prior drawdown, now trading well above its 200-day average and far off the 52-week low. That said, it still sits below its 50-day average and well under the 52-week high, so the setup is constructive but not yet fully repaired.

Street sentiment is constructive: consensus is Buy, with 13 Buys and 9 Holds. The average target sits around $40.86, above the current share price, while recent target moves have mostly been higher even as Deutsche Bank trimmed its target to $36 from $38.

The next print comes after a mixed earnings run, with 2 beats in the last 8 quarters and several sharp misses. Analysts still see negative EPS next year at -0.0666, so shareholders should watch revenue momentum and whether losses narrow faster than expected.

Recent insider activity leans negative on discretionary trades, with multiple sales from the CEO, CFO, and a director in April. The June 15 F-InKind entries and April gifts/awards are largely non-discretionary noise; the signal is the cluster of open-market selling, not the automatic transfers.

Profitability remains weak, but the top line is growing and cash generation is positive. Revenue rose 42.1% year over year, gross margin was 55.6%, and free cash flow reached $211.1 million, offset by a -30.5% operating margin and -111.2% net margin.

Planet Labs stands out on growth and gross margin, but it still trails more mature aerospace and defense peers on earnings quality and profitability. The valuation is not cheap on current earnings, yet the market is paying for a higher-growth geospatial platform with net cash.