from24/7 Wall St.
2 weeks agoUp 96% in Just 1 Month, Is Planet Labs Now Too Pricey to Buy?
Planet Labs ( ) has been on a tear, soaring 388% in 2025 and up another 96% since reporting earnings one month ago. The stock is up an incredible 811% from its 52-week low of $2.79 per share. While it has been winning significant government contracts, such as yesterday's announcement that it won a nine-figure contract from the Swedish government, which drove the stock 12% higher, PL is unprofitable and likely won't be for some time.
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