Expectations trend
FY2028 · fiscal year ending 2028-01-31 · fmp
Planet Labs PBC (PL)
NYSEIndustrialsAerospace & DefenseSnapshot 2026-11-05
$11.37-10.12%
Close 2026-11-05 · 1-day change
NYSEIndustrialsAerospace & DefenseSnapshot 2026-11-05
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.01 → 0.01 EPS · FY ending Jan 31, 2028 · 5 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 6, 2026 to Nov 5, 2026: (new ÷ prior − 1). Contributor count changed from 5 to 5; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for PL yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Gross margin near 53% in FY27 | A supporting condition in Planet Labs PBC's published investment case. The stated target is >= 53%. | Intact | Gross margin falls below 52% in FY27 | Gross margin: 56.55% FY2027-Q2; GAAP. Published target: >= 53%. Annual target cannot be compared with a quarterly or TTM observation. Sep 3, 202656.553959 percent · calculatedLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context |
Compare these dated observations with the operating requirements above
FY2028 · fiscal year ending 2028-01-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Dec 9, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This investment represents a turnaround story with a focus on improving fundamentals. The current thesis state indicates that while there are some positive developments, the overall performance remains weak compared to peers.
The market appears to have priced in a level of fragility, with a low fragility tier indicating that significant negative surprises are not currently expected. However, the valuation shows a premium compared to peers, suggesting that expectations are somewhat elevated.
Management is making progress on key priorities, including revenue growth and improving gross profit margins, though the company remains loss-making. The recent financial performance has been weak, but there is a potential for improvement if management continues to execute effectively.
The long-term thesis hinges on the performance of sector bellwethers and whether they continue to guide higher. Additionally, any cuts to guidance from PL could lead to negative market reactions, while sustained earnings beats from peers could provide a favorable backdrop.
In the next 1 to 3 years, PL's trajectory will depend on its ability to improve financial performance amidst sector challenges. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated in 2 of 2 supplied quarters. Management reported: “Ashley Johnson, Planet’s President and Chief Financial Officer, added, “Our strong top-line performance is translating to significant operating leverage, exceeding our expectations on non-GAAP gross margins and driving adjusted EBITDA profit of $13.9 million for the quarter.”” “• Second quarter adjusted EBITDA profit was $13.9 million, compared to $6.4 million in the second quarter of fiscal year 2026.” Gross profit was $46.584 million in 2026-Q3.
Operating losses shrink towards positive territory | The company aims to improve operating income, reducing losses from $36M to $34.9M. | Improving | Operating losses worsen or remain below -$35M beyond FY27-Q1 | Operating income: $-13.509M FY2027-Q2; GAAP. Published target: Operating income improves beyond -$34.9M. Target period is not explicitly aligned with this observation. Sep 3, 2026-13,509,000 USD · source valueLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 of 2 supplied quarters. Management reported: “Ashley Johnson, Planet’s President and Chief Financial Officer, added, “Our strong top-line performance is translating to significant operating leverage, exceeding our expectations on non-GAAP gross margins and driving adjusted EBITDA profit of $13.9 million for the quarter.”” “• Second quarter adjusted EBITDA profit was $13.9 million, compared to $6.4 million in the second quarter of fiscal year 2026.” Operating income was $-18.340 million in 2026-Q3. Delivery assessment Nov 5, 2026 |
Revenue growth to at least $433M in FY27 | A primary condition in Planet Labs PBC's published investment case. The stated target is >= $433 million. | Intact | Revenue falls below $425 million in FY27 | Revenue: $116.052M FY2027-Q2; GAAP. Published target: >= $433 million. Annual target cannot be compared with a quarterly or TTM observation. Sep 3, 2026116,052,000 USD · source valueLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 of 2 supplied quarters. Management reported: ““Planet delivered an outstanding second quarter, with record revenue of $116.1 million, representing 58% year-over-year growth and our fourth consecutive quarter of meeting or exceeding the Rule of 40,” said Will Marshall, Planet’s Co-Founder, Chief Executive Officer and Chairperson.” ““The team continues to demonstrate strong execution, highlighted by our satellite handover for the Swedish Armed Forces and landmark contract wins in August with the NGA and the German government.” Revenue was $81.254 million in 2026-Q3. Delivery assessment Nov 5, 2026 |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$-0.02 → $0.01 · observed estimates
$0.57B → $0.57B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $-0.02 | $569,890,514 | 5 / 9 |
| 2026-07-25 | $-0.02 | $569,890,514 | 5 / 9 |
| 2026-07-26 | $-0.02 | $569,890,514 | 5 / 9 |
| 2026-07-27 | $-0.02 | $569,890,514 | 5 / 9 |
| 2026-07-28 | $-0.02 | $569,890,514 | 5 / 9 |
| 2026-07-29 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-07-30 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-07-31 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-01 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-02 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-03 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-04 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-05 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-06 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-07 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-08 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-09 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-10 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-12 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-13 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-14 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-15 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-16 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-17 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-18 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-19 | $-0.02 | $569,890,151 | 5 / 9 |
| 2026-08-20 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-08-21 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-08-22 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-08-23 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-08-24 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-08-25 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-08-26 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-08-27 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-08-28 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-08-29 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-08-30 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-08-31 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-09-01 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-09-02 | $-0.01 | $569,890,151 | 5 / 9 |
| 2026-09-03 | $0.00 | $568,732,638 | 5 / 10 |
| 2026-09-04 | $0.00 | $569,585,136 | 5 / 10 |
| 2026-09-05 | $0.02 | $570,179,521 | 5 / 10 |
| 2026-09-06 | $0.02 | $570,179,521 | 5 / 10 |
| 2026-09-07 | $0.02 | $570,179,521 | 5 / 10 |
| 2026-09-08 | $0.01 | $570,064,136 | 5 / 10 |
| 2026-09-09 | $0.01 | $569,621,598 | 5 / 10 |
| 2026-09-10 | $0.01 | $569,621,598 | 5 / 10 |
| 2026-09-11 | $0.01 | $571,213,905 | 6 / 10 |
| 2026-09-12 | $0.01 | $571,213,905 | 6 / 10 |
| 2026-09-13 | $0.01 | $571,213,905 | 6 / 10 |
| 2026-09-14 | $0.01 | $571,213,905 | 6 / 10 |
| 2026-09-15 | $0.01 | $571,213,905 | 6 / 10 |
| 2026-09-16 | $0.01 | $571,213,905 | 6 / 10 |
| 2026-09-17 | $0.01 | $571,213,905 | 6 / 10 |
| 2026-09-18 | $0.01 | $571,213,905 | 6 / 10 |
| 2026-09-19 | $0.01 | $571,213,905 | 6 / 10 |
| 2026-09-20 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-09-21 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-09-22 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-09-23 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-09-24 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-09-25 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-09-26 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-09-27 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-09-28 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-09-29 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-09-30 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-10-01 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-10-02 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-10-03 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-10-04 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-10-05 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-10-06 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-10-07 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-10-08 | $0.01 | $569,655,676 | 5 / 9 |
| 2026-10-09 | $0.01 | $569,576,192 | 5 / 9 |
| 2026-10-10 | $0.01 | $569,576,192 | 5 / 9 |
| 2026-10-11 | $0.01 | $569,576,192 | 6 / 9 |
| 2026-10-12 | $0.01 | $569,576,192 | 6 / 9 |
| 2026-10-13 | $0.01 | $569,576,192 | 6 / 9 |
| 2026-10-14 | $0.01 | $569,576,192 | 6 / 9 |
| 2026-10-15 | $0.01 | $569,576,192 | 6 / 9 |
| 2026-10-16 | $0.01 | $569,576,192 | 5 / 9 |
| 2026-10-17 | $0.01 | $569,576,192 | 5 / 9 |
| 2026-10-18 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-10-19 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-10-20 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-10-21 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-10-22 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-10-23 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-10-24 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-10-25 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-10-26 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-10-27 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-10-28 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-10-29 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-10-30 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-10-31 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-11-01 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-11-02 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-11-03 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-11-04 | $0.01 | $571,250,126 | 5 / 9 |
| 2026-11-05 | $0.01 | $571,250,126 | 5 / 9 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 7 Buy / Strong Buy · 5 Hold · 0 Sell / Strong Sell
Recent actions · Oct 7–Nov 5 · 1 recorded
0 raises · 0 cuts · 0 unchanged · 2 without a comparable prior
Oct 7, 2026–Nov 5, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.