Planet Labs (PL) Rockets 388% Higher in 2025 — Here’s Why

Planet Labs (PL) Rockets 388% Higher in 2025 — Here’s Why

Insider Monkey – Free Hedge Fund and Insider Trading Data (Angelica Ballesteros)

We recently published 10 Market Stars Behind Millionaire-Making in 2025. Planet Labs PBC (NYSE:PL) is one of the top performers.

Planet Labs soared by 388.12 percent in 2025, with the highest jump bolstered by its stellar earnings performance in the last reported quarter and a more upbeat outlook for the fiscal year 2026.

Following its earnings call early last month, Planet Labs PBC (NYSE:PL) saw its share prices shoot up by as much as 35 percent in just a day, fueled by its higher revenue outlook of $297 million to $301 million for the full fiscal year, versus $281 million to $289 million previously, alongside a 14 percent revenue beat for the third quarter of the year.

In the last reported quarter, Planet Labs PBC (NYSE:PL) said that revenues soared by 32 percent to $81.2 million from $61.3 million in the same period last year, exceeding its earlier target of $71 million to $74 million. Nine-month tally saw a climb of 20.8 percent to $220.9 million versus $182.8 million prior.

Net loss, however, nearly tripled to $59.18 million from $20 million year-on-year, bringing its nine-month net loss higher by 7.2 percent to $94.4 million from $88.04 million.

Following the results, Planet Labs PBC (NYSE:PL) received a buy recommendation from various analysts including Needham, Cantor Fitzgerald, Citigroup, and Clear Street, among others.

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While we acknowledge the potential of PL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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While we acknowledge the risk and potential of PL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PL and that has 10,000% upside potential, check out our report about this cheapest AI stock.


READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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