Planet Labs PBC Stock (NYSE: PL) News Today, Dec. 19, 2025: PL Surges as Earnings Momentum, Backlog Growth, and Defense Deals Drive Fresh Forecasts
Planet Labs PBC is ending the week back in the spotlight. In Friday trading, PL stock surged to around $19.39, up roughly 11% on the day, after opening near $18.02 and reaching an intraday high around $19.44. The move caps a headline-heavy stretch for the Earth-observation company—where “space stock” hype has been increasingly replaced by something more concrete: rising revenue, a sharply higher outlook, major government and defense wins, and visible progress on next‑gen satellite capacity.