Why Planet Labs (PL) Is Up 5.2% After Raising 2026 Revenue Guidance And Showcasing Pelican-6

Simplywall
2025.12.20 18:25
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Planet Labs' stock rose 5.2% after raising 2026 revenue guidance and showcasing Pelican-6 satellite advancements. The company reported Q3 2025 revenue of $81.25 million, up from $61.27 million a year earlier, but faced a wider net loss of $59.19 million. The new guidance projects 2026 revenue of $297–301 million. Despite ongoing losses, the Pelican satellite imagery supports Planet's growth narrative, focusing on high-resolution data and AI processing. Investors should note the risks of rising losses and capital needs.