U.S. Stock Movement | Planet Labs PBC (PL.US) Surges Over 36% After Raising Fiscal 2026 Revenue Outlook
Stock News
Sep 08, 2025
On Monday, Planet Labs PBC (PL.US) surged over 36%, reaching a three-and-a-half-year high of $8.91. The rally was driven by strong second-quarter results, with revenue growing 20% year-over-year to a record $73.4 million, which was double analysts' expectations. Additionally, Planet Labs PBC raised its fiscal 2026 revenue guidance to $281-289 million, up from the previous range of $265-280 million provided in June.
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