NEW YORK, December 30, 2025, 02:00 ET — Market closed.
- Planet Labs shares closed up 2.7% at $19.87 on Monday.
- Clear Street raised its price target to $22 from $16 and reiterated a Buy rating.
- SEC filings showed CEO Will Marshall and another insider filed notices to sell shares.
Planet Labs PBC shares rose 2.7% to $19.87 at Monday’s close after Clear Street raised its price target on the satellite-imagery company to $22 from $16 and maintained a Buy rating. The brokerage pointed to growth potential as Planet pairs its imagery with AI-driven analytics and said it sees a path to the “Rule of 40” benchmark — where revenue growth plus EBITDA margin equals 40 — by fiscal 2028. The stock traded between $18.75 and $20.13 and is near a 52-week high of $20.99. Investing.com Canada
The call matters heading into the final trading days of the year, when liquidity often thins and momentum names can swing sharply on incremental research and positioning shifts.
It also lands alongside fresh insider selling disclosures, which can draw extra scrutiny when a stock is trading near multi-month highs.
A Form 144 filing dated Monday showed CEO and co-founder Will Marshall filed a notice to sell 200,000 shares, with an aggregate market value listed at about $4.06 million and an approximate sale date of Dec. 26. A separate Form 144 filing showed Robert H. Schingler Jr. filed to sell 73,782 shares, with an aggregate market value listed at about $1.50 million, also with an approximate sale date of Dec. 26.
Form 144 is a notice filed with the U.S. Securities and Exchange Commission when an insider intends to sell certain securities, often tied to restricted stock or shares held by control persons. The filings also referenced prior sales under Rule 10b5-1 plans, which are pre-arranged trading programs meant to reduce the appearance of trading on non-public information.
Planet’s latest earnings update earlier this month helped set the backdrop for the stock’s year-end run. The company reported third-quarter fiscal 2026 revenue of $81.3 million, up 33% from a year earlier, and guided for fourth-quarter revenue of about $76 million to $80 million and full-year fiscal 2026 revenue of about $297 million to $301 million. “We delivered a strong third quarter, marked by continued momentum in the business,” Marshall said in the results release. SEC
That guidance leaves investors focused on whether Planet can sustain growth while keeping a lid on costs, especially as it invests in new satellites and analytics offerings and tries to convert contract wins into recurring revenue.
Before the next session opens, traders will be watching whether the stock can hold the $20 area after Monday’s run-up, or whether profit-taking and insider-sale headlines draw sellers into year-end.
Investors will also track any follow-on disclosures around insider activity and whether additional analyst notes land ahead of the open, which can matter more when volumes are lighter than usual.
Looking beyond the next session, earnings calendars such as Zacks list Planet’s next report as expected around March 19, 2026, keeping the focus on delivery against management’s latest quarterly and full-year targets.
