Platinum (PL)

Planet Labs (NYSE:PL) Stock, Quote.Headers.trade-ideas

Planet Labs

Planet Labs PBC is an Earth-imaging company. The company provides daily satellite data that helps businesses, governments, researchers, and journalists understand the physical world and take action.

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Planet Labs reported its third-quarter results after Monday&#39;s closing bell. Here&#39;s a look at the key figures from the quarter.

Planet Labs Stock Drops After Q3 Results: Here&#39;s Why

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Planet Labs stock is trading higher on Monday after the company announced it signed a multi-year seven-figure deal with Laconic. 

What&#39;s Going On With Planet Labs Shares Monday?

Planet Labs PBC

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Baird raised the price target for CyberArk Software Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) from $355 to $370. Baird analyst Shrenik Kothari maintained an Outperform rating. CyberArk Software shares closed at $319.16 on Monday. See how other analysts view this stock.</li>
<li>Mizuho raised the price target for Rubrik, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBRK#NYSE">RBRK</a>) from $75 to $82. Mizuho analyst Gregg Moskowitz maintained an Outperform rating. Rubrik shares closed at $75.51 on Monday. <a href="https://www.benzinga.com/quote/RBRK/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Deutsche Bank boosted the price target for Planet Labs PBC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) from $4 to $4.5. Deutsche Bank analyst Edison Yu maintained a Buy rating. Planet Labs shares closed at $4.33 on Monday. <a href="https://www.benzinga.com/quote/PL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities cut Knight-Swift Transportation Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) price target from $64 to $61. B of A Securities analyst Ken Hoexter maintained a Buy rating. Knight-Swift Transportation shares settled at $54.92 on Monday. <a href="https://www.benzinga.com/quote/KNX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital raised Ecolab Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECL#NYSE">ECL</a>) price target from $279 to $290. BMO Capital analyst John McNulty upgraded the stock from Market Perform to Outperform. Ecolab shares closed at $248.40 on Monday. <a href="https://www.benzinga.com/quote/ECL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Mizuho boosted Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) price target from $230 to $515. Mizuho analyst Vijay Rakesh upgraded the stock from Neutral to Outperform. Tesla shares closed at $463.02 on Monday.  <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs cut Enphase Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) price target from $145 to $121. Goldman Sachs analyst Brian Lee maintained a Buy rating. Enphase Energy shares closed at $71.62 on Monday. See how other analysts view this stock.</li>
<li>Needham raised the price target for Alcon Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALC#NYSE">ALC</a>) from $103 to $108. Needham analyst David Saxon maintained a Buy rating. Alcon shares settled at $83.87 on Monday. <a href="https://www.benzinga.com/quote/ALC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley raised Quest Diagnostics Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGX#NYSE">DGX</a>) price target from $145 to $172. Morgan Stanley analyst Erin Wright upgraded the stock from Equal-Weight to Overweight. Quest Diagnostics shares closed at $152.65 on Monday. <a href="https://www.benzinga.com/quote/DGX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies slashed Frontline plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FRO#NYSE">FRO</a>) price target from $26 to $20. Jefferies analyst Omar Nokta maintained a Buy rating. Frontline shares closed at $13.81 on Monday. <a href="https://www.benzinga.com/quote/FRO/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying TSLA stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="579" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/17082059/image-148-1024x579.png" alt="" class="wp-image-695772" style="width:605px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/17082059/image-148-1024x579.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/17082059/image-148-300x170.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/17082059/image-148-768x434.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/17082059/image-148.png 1136w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Deutsche Bank analyst Edison Yu maintains Planet Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) with a Buy and raises the price target from $4 to $4.5.

Deutsche Bank Maintains Buy on Planet Labs, Raises Price Target to $4.5

WIIM

Planet Labs shares are trading higher after Citigroup maintained a Buy rating on the stock and raised its price target from $4.05 to $5.

Citigroup analyst Jason Gursky maintains Planet Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) with a Buy and raises the price target from $4.05 to $5.

Citigroup Maintains Buy on Planet Labs, Raises Price Target to $5

<h3>Gainers</h3>
<ul>
<li>Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) shares increased by 12.6% to $61.0 during Tuesday's pre-market session. The company's market cap stands at $7.7 billion. </li>
<li>Jet AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JTAI#NASDAQ">JTAI</a>) shares increased by 11.76% to $4.75. The company's market cap stands at $3.9 million. </li>
<li>Byrna Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYRN#NASDAQ">BYRN</a>) shares moved upwards by 10.66% to $20.94. The market value of their outstanding shares is at $476.4 million. </li>
<li>Bridger Aerospace Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAER#NASDAQ">BAER</a>) shares increased by 9.4% to $2.67. The market value of their outstanding shares is at $144.2 million. </li>
<li>Volato Group (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SOAR#AMEX">SOAR</a>) shares moved upwards by 8.95% to $0.29. The company's market cap stands at $8.6 million. </li>
<li>SolarMax Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMXT#NASDAQ">SMXT</a>) stock increased by 8.26% to $2.23. The market value of their outstanding shares is at $100.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Momentus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNTS#NASDAQ">MNTS</a>) shares decreased by 17.4% to $0.47 during Tuesday's pre-market session. The company's market cap stands at $11.8 million. </li>
<li>WANG &amp; LEE Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WLGS#NASDAQ">WLGS</a>) shares declined by 15.33% to $3.15. The company's market cap stands at $47.5 million. </li>
<li>Galaxy Payroll Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLXG#NASDAQ">GLXG</a>) stock fell 12.18% to $1.01. The company's market cap stands at $18.1 million. </li>
<li>Fluence Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLNC#NASDAQ">FLNC</a>) shares decreased by 12.1% to $16.28. The market value of their outstanding shares is at $2.1 billion. </li>
<li>Planet Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) stock fell 11.89% to $3.56. The market value of their outstanding shares is at $1.0 billion. The company's, Q3 earnings came out yesterday. </li>
<li>Satellogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATL#NASDAQ">SATL</a>) shares fell 11.4% to $4.2. The company's market cap stands at $380.4 million. 
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</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Tuesday's Pre-Market Session

Craig-Hallum analyst Jeff Van Rhee maintains Planet Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) with a Hold and raises the price target from $2.5 to $3.5.

Craig-Hallum Maintains Hold on Planet Labs, Raises Price Target to $3.5

JMP Securities analyst Trevor Walsh reiterates Planet Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) with a Market Outperform and maintains $4.5 price target.

Reiteration

JMP Securities Reiterates Market Outperform on Planet Labs, Maintains $4.5 Price Target

Planet Labs shares are trading lower. The company reported Q3 financial results.

Planet Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $4.38, a high estimate of $5.00, and a low estimate of $4.00. Witnessing a positive shift, the current average has risen by 3.06% from the previous average price target of $4.25.
<img src="https://www.benzinga.com/files/images/story/2024/1733835656_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Planet Labs. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ryan Koontz</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$5.00</td>
<td>$5.00</td>
</tr>
<tr>
<td>Rustam Kanga</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$4.50</td>
<td>$4.00</td>
</tr>
<tr>
<td>Trevor Walsh</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$4.00</td>
<td>$4.00</td>
</tr>
<tr>
<td>Trevor Walsh</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$4.00</td>
<td>$4.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Planet Labs. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Planet Labs compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Planet Labs's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Planet Labs's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/PL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Planet Labs analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Delving into Planet Labs's Background</h2>
Planet Labs PBC is an Earth-imaging company. The company provides daily satellite data that helps businesses, governments, researchers, and journalists understand the physical world and take action.
<h3>Unraveling the Financial Story of Planet Labs</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Planet Labs's remarkable performance in 3 months is evident. As of 31 July, 2024, the company achieved an impressive revenue growth rate of 13.64%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Planet Labs's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -63.29%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Planet Labs's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -7.94%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Planet Labs's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -5.8%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Planet Labs's debt-to-equity ratio is below the industry average at 0.05, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Ratings For Planet Labs

Needham analyst Ryan Koontz reiterates Planet Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) with a Buy and maintains $5 price target.

Needham Reiterates Buy on Planet Labs, Maintains $5 Price Target

Planet Labs PBC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) reported its third-quarter results after Monday's closing bell. Here's a look at the <a href="https://www.benzinga.com/pressreleases/24/12/b42399934/planet-reports-financial-results-for-third-quarter-of-fiscal-year-2025">key figures from the quarter. </a>
The Details: Planet Labs reported adjusted losses of two cents per share and third-quarter revenue of $61.26 million, up from $55.38 million from the same period last year.
<ul>
<li>Percent of Recurring Annual Contract Value (ACV) for the third quarter was 97%. </li>
<li>End of Period (EoP) Customer Count increased 4% year-over-year to 1,015 customers. </li>
<li>Third quarter Non-GAAP Gross Margin was a record 64%, compared to 52% in the third quarter of fiscal year 2024.</li>
</ul>
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&#8220;We are pleased with the multiple large contracts secured with government customers globally this quarter, which we expect to ramp up into the year ahead. The third quarter represented Planet&#8217;s largest-ever quarter of ACV bookings, helping lay the foundation for future growth,&#8221; said Will Marshall, Planet&#8217;s CEO.
&#8220;We continue to see strong demand for our data, particularly where enhanced with AI-enabled solutions. We also saw first light from our Tanager satellite, released the first set of over 300 CO2 and methane detections, and are progressing towards commercializing its hyperspectral data,&#8221; Marshall added. 
Outlook:&nbsp;Planet Labs expects fourth-quarter revenue in a range of $61 million to $63 million. 
PL Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Planet Labs shares are down 8.17% after-hours at $3.71 at the time of publication Monday.&nbsp;
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</ul>
Image: Shutterstock

Planet Labs Stock Drops After Q3 Results: Here's Why

Guidance

Planet Labs Sees Q4 2025 Revenue $61M-$63M

Planet Labs Q3 2025 Revenue $61.266M Vs 55.380M YoY; Adj. EPS $(0.02) Vs $(0.05) YoY

Planet Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) announced its Q3 earnings on Monday, December 9, 2024 at 04:05 PM.
Here's a breakdown of the earnings report.
<h3>Earnings</h3>
Planet Labs beat estimated earnings by 50.0%, reporting an EPS of $-0.02 versus an estimate of $-0.04.
Revenue was up $5.89 million from the same period last year.
<h3>Analysis of Past Earnings</h3>
The company missed on EPS by $0.0 in the last quarter, resulting in a 28.000000000000004% drop share price change the following day.
Here's a look at Planet Labs's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.06</td>
<td>-0.07</td>
<td>-0.06</td>
<td>-0.08</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.06</td>
<td>-0.05</td>
<td>-0.06</td>
<td>-0.05</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>61.82M</td>
<td>60.03M</td>
<td>58.19M</td>
<td>55.25M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>61.09M</td>
<td>60.44M</td>
<td>58.85M</td>
<td>55.38M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Planet Labs <a href="https://www.benzinga.com/quote/PL/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Planet Labs Earnings Review: Q3 Summary

Pelican-2 Is Equipped with the NVIDIA Jetson Platform and NASA CSP Satellite-to-Satellite Communications to Speed Data Delivery for Customers
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.planet.com%2F&amp;esheet=54164292&amp;newsitemid=20241209902943&amp;lan=en-US&amp;anchor=Planet+Labs+PBC&amp;index=1&amp;md5=e376518d46af4ea37da484a793bfeb74">Planet Labs PBC</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>), a leading provider of daily Earth data and insights, today announced that its latest high-resolution satellite Pelican-2 and 36 SuperDoves have arrived at Vandenberg Space Force Base on December 9, in preparation for liftoff in early 2025 on board the Transporter-12 Rideshare mission with SpaceX. Pelican-2 joins Pelican-1 (a <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.businesswire.com%2Fnews%2Fhome%2F20231111384977%2Fen%2FPlanet-Launches-First-Pelican-Tech-Demonstration-and-36-SuperDoves-with-SpaceX&amp;esheet=54164292&amp;newsitemid=20241209902943&amp;lan=en-US&amp;anchor=smallsat+platform+tech+demonstration+launched+last+year&amp;index=2&amp;md5=7f3772d261403fec94a2ddfebbcc86f5">smallsat platform tech demonstration launched last year</a>) as part of Planet's next-generation, high-resolution fleet, to support and expand its existing SkySat capabilities.

Planet Labs Announces That Its Latest High-Resolution Satellite Pelican-2 And 36 SuperDoves Have Arrived At Vandenberg Space Force Base On December 9, In Preparation For Liftoff In Early 2025 On Board The Transporter-12 Rideshare Mission With SpaceX

<h3>Companies Reporting Before The Bell</h3>
• Rent the Runway (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RENT#NASDAQ">RENT</a>) is likely to report quarterly loss at $4.45 per share on revenue of $76.05 million. 
• VersaBank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBNK#NASDAQ">VBNK</a>) is projected to report quarterly earnings at $0.41 per share on revenue of $29.20 million. 
• Hello Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOMO#NASDAQ">MOMO</a>) is estimated to report quarterly earnings at $0.27 per share on revenue of $366.41 million. 
<h3>Companies Reporting After The Bell</h3>
• Casey's General Stores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASY#NASDAQ">CASY</a>) is projected to report quarterly earnings at $4.27 per share on revenue of $4.02 billion. 
• Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) is estimated to report quarterly earnings at $4.34 per share on revenue of $3.17 billion. 
• MongoDB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) is likely to report quarterly earnings at $0.69 per share on revenue of $495.72 million. 
• Vail Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTN#NYSE">MTN</a>) is likely to report quarterly loss at $4.98 per share on revenue of $251.62 million. 
• Genasys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNSS#NASDAQ">GNSS</a>) is projected to report quarterly loss at $0.11 per share on revenue of $9.03 million. 
• Phreesia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHR#NYSE">PHR</a>) is projected to report quarterly loss at $0.29 per share on revenue of $106.00 million. 
• HealthEquity (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HQY#NASDAQ">HQY</a>) is expected to report quarterly earnings at $0.72 per share on revenue of $290.00 million. 
• Amtech Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASYS#NASDAQ">ASYS</a>) is projected to report quarterly earnings at $0.01 per share on revenue of $23.75 million. 
• Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) is likely to report quarterly earnings at $1.48 per share on revenue of $14.11 billion. 
• Braze (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRZE#NASDAQ">BRZE</a>) is projected to report quarterly loss at $0.01 per share on revenue of $148.19 million. 
• Yext (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YEXT#NYSE">YEXT</a>) is projected to report quarterly earnings at $0.12 per share on revenue of $113.21 million. 
• C3.ai (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AI#NYSE">AI</a>) is expected to report quarterly loss at $0.16 per share on revenue of $91.02 million. 
• Planet Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) is likely to report quarterly loss at $0.04 per share on revenue of $63.12 million. 
• Oil-Dri Corp of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ODC#NYSE">ODC</a>) is projected to report earnings for its first quarter. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ASYS

BRZE

CASY

GNSS

MOMO

ORCL

RENT

VBNK

YEXT

Earnings Scheduled For December 9, 2024

Planet Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) is gearing up to announce its quarterly earnings on Monday, 2024-12-09. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Planet Labs will report an earnings per share (EPS) of $-0.04.
Planet Labs bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Performance in Previous Earnings</h3>
During the last quarter, the company reported an EPS missed by $0.00, leading to a 28.23% drop in the share price on the subsequent day.
Here's a look at Planet Labs's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.06</td>
<td>-0.07</td>
<td>-0.06</td>
<td>-0.08</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.06</td>
<td>-0.05</td>
<td>-0.06</td>
<td>-0.05</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-28.000000000000004%</td>
<td>11.0%</td>
<td>0.0%</td>
<td>-5.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1733493807_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Planet Labs were trading at $4.09 as of December 05. Over the last 52-week period, shares are up 71.85%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Views on Planet Labs</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Planet Labs.
The consensus rating for Planet Labs is Outperform, based on 3 analyst ratings. With an average one-year price target of $3.7, there's a potential 9.54% downside.
<h3>Comparing Ratings with Peers</h3>
This comparison focuses on the analyst ratings and average 1-year price targets of CRA Intl, Innodata and NV5 Global, three major players in the industry, shedding light on their relative performance expectations and market positioning.
<ul>
<li>CRA Intl received a Outperform consensus from analysts, with an average 1-year price target of $212.0, implying a potential 5083.37% upside.</li>
<li>The consensus among analysts is an Buy trajectory for Innodata, with an average 1-year price target of $34.0, indicating a potential 731.3% upside.</li>
<li>The consensus outlook from analysts is an Neutral trajectory for NV5 Global, with an average 1-year price target of $25.0, indicating a potential 511.25% upside.</li>
</ul>
<h3>Analysis Summary for Peers</h3>
The peer analysis summary outlines pivotal metrics for CRA Intl, Innodata and NV5 Global, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Planet Labs</td>
<td>Outperform</td>
<td>13.64%</td>
<td>$32.31M</td>
<td>-7.94%</td>
</tr>
<tr>
<td>CRA Intl</td>
<td>Outperform</td>
<td>13.69%</td>
<td>$52.56M</td>
<td>5.76%</td>
</tr>
<tr>
<td>Innodata</td>
<td>Buy</td>
<td>135.57%</td>
<td>$21.33M</td>
<td>45.35%</td>
</tr>
<tr>
<td>NV5 Global</td>
<td>Neutral</td>
<td>5.62%</td>
<td>$129.51M</td>
<td>2.10%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Planet Labs is positioned at the bottom for Revenue Growth among its peers. It ranks at the bottom for Gross Profit as well. The company is also at the bottom for Return on Equity. Overall, Planet Labs is lagging behind its peers in terms of financial performance metrics.
<h3>Delving into Planet Labs's Background</h3>
Planet Labs PBC is an Earth-imaging company. The company provides daily satellite data that helps businesses, governments, researchers, and journalists understand the physical world and take action.
<h3>Financial Milestones: Planet Labs's Journey</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Over the 3 months period, Planet Labs showcased positive performance, achieving a revenue growth rate of 13.64% as of 31 July, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Planet Labs's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -63.29%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Planet Labs's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -7.94%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Planet Labs's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -5.8%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Planet Labs's debt-to-equity ratio is below the industry average. With a ratio of 0.05, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<a href="https://www.benzinga.com/quote/PL/earnings">To track all earnings releases for Planet Labs visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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