Planet Labs’ Pivot To Solutions And AI Signals Long-Term Upside, Says Analyst

Friday, standard Analyst Josh Sullivan repeated the purchase classification Planet laboratories PBC (NYSE: PL), With the expectation of $ 7.

Yesterday, the company reported modified losses in the fourth quarter of 8 cents per share, One missing consensus 2 cents. Revenue of 61.6 million dollars, an increase of 5 % on year. Consensus of 61.87 million dollars.

Planet Labs expects revenues of up to $ 61 million to 63 million dollars for the fiscal year 26 in the first quarter and 260 million dollars to 280 million dollars for the fiscal year 26.

The analyst highlights that the $ 230 million trade agreement with JSAT, which signed late last year, was a pivotal transformation of the planet's laboratories.

This strategic decision to sell the JSAT satellite devices directly, instead of relying on the extracts of traditional data from the laboratory -owned satellites, is expected to significantly reduce the burning of PL banknotes by 50 % in the 26th fiscal year, with a clear path towards a positive free cash flow during the next two years.

Also read: What happens with Redwire Corporation today?

Once the JSAT constellation is fully published, Planet Labs will have the opportunity to sell data extracts to third -party customers, which enhances its margins, as the analyst wrote.

Sullivan also notes that the move in the FY25 towards the solutions based on solutions paves the way to FY26, when Planet Labs plans to focus on taking advantage of the large -scale satellite data library and artificial intelligence products.

In addition, Planet Labs expects a strong growth in the commercial agricultural market where the 26th fiscal year enters, with the recent customer victories, renovations, and an increase in the use of data from the largest agricultural companies.

Price work: PL shares are traded by 12.5 % to $ 3.71 in the last selection on Friday.

Also read:

Rafabrice filming via Shutterstock.

View more analyst assessments for PL

View the latest analysts' reviews

Unlocked: 5 new deals per week. Click now to get the best commercial ideas dailyIn addition to unlimited access to advanced tools and strategies to obtain a feature in the market.

Get the latest stock analysis from benzinga?

This article The analyst says the Planet Labs' on Solutions and artificial intelligence signals Originally Benzinga.com

© 2025 benzinga.com. Benzinga does not provide investment advice. All rights reserved.