Planet Labs (PL) Surges 8.8% on Double-Digit Revenue Outlook

Planet Labs PBC (NYSE:PL) is one of the 10 Stocks Dominating Today’s Market Action. Planet Labs saw its share prices jump by 8.76 percent on Thursday to close at $26.96 apiece as investors cheered its double-digit revenue growth outlook for fiscal year 2027 despite posting a dismal earnings performance last year. In an updated report, Planet Labs PBC (NYSE:PL) said that it is targeting to grow its revenues by 35 to 43 percent to a range of $415 million to $440 million for the current fiscal year, while ...