Planet Labs (PL) Stock News Today: Earnings Beat, Backlog Surge, and New Wall Street Price Targets (Dec. 12, 2025)
Planet Labs shares surged after the company reported Q3 FY2026 revenue of $81.3 million, up 33% year over year, and raised its full-year guidance. The stock climbed as high as $19.095 on December 12, following a 34.9% jump post-earnings. Analysts increased price targets after the results and a spike in contracted revenue backlog. Non-GAAP EPS was break-even for the quarter.