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This Satellite Stock Has Nearly Tripled in 2025, and Wall Street Thinks It Has More Gas in the Tank

The satellite economy is accelerating, with low Earth orbit (LEO) activity projected to hit 11.81billionin2025andexpectedtonearlydoubleto11.81 billion in 2025 and expected to nearly double to 20.69 billion by 2030 at an annual growth rate of 11.9%. That growth is being driven by demand for high-resolution Earth data, demand for real-time analytics, and cheaper, faster launch cycles. No company captures that energy more than Planet Labs (PL). Its stock has nearly tripled in 2025, up about 460% over the past 52 weeks, with Wall Street indicating the ...