The price of Planet Labs PBC (NYSE: PL) broke out of a bullish flag pattern surging 25% today albeit market turmoil. The stock is eyeing the $20 resistant amidst bullish sentiment.
However, with RSI at 76 the stock might experience a respite before picking liquidity up.
In another news, Planet Reports Financial Results for Third Quarter of Fiscal Year 2026
Earnings Highlight
Delivered Record Revenue in Q3 of $81 Million, Up +33% YoY
Increased RPOs +361% YoY to $672 Million; Backlog +216% YoY to $734 Million
Generated $114 Million of Year-to-Date Net Cash Provided by Operating Activities
End of Period Cash, Cash Equivalents, and Short-Term Investments Increased 180% YoY to $677 Million
Successfully Launched 2 High Resolution Pelican Satellites & 36 SuperDove Satellites
About PL
Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform the United States and internationally. The company’s platform offers planet monitoring, tasking, archive, apps, application programming interfaces (APIs), basemaps, and fusion, as well as analytic feeds and planetary variables.
However, with RSI at 76 the stock might experience a respite before picking liquidity up.
In another news, Planet Reports Financial Results for Third Quarter of Fiscal Year 2026
Earnings Highlight
Delivered Record Revenue in Q3 of $81 Million, Up +33% YoY
Increased RPOs +361% YoY to $672 Million; Backlog +216% YoY to $734 Million
Generated $114 Million of Year-to-Date Net Cash Provided by Operating Activities
End of Period Cash, Cash Equivalents, and Short-Term Investments Increased 180% YoY to $677 Million
Successfully Launched 2 High Resolution Pelican Satellites & 36 SuperDove Satellites
About PL
Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform the United States and internationally. The company’s platform offers planet monitoring, tasking, archive, apps, application programming interfaces (APIs), basemaps, and fusion, as well as analytic feeds and planetary variables.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.