How to Buy Planet Labs Stock
Planet Labs PBC
Planet Labs is a defense company located in Nevada, United States, which is part of the Industrials sector, and is traded under the ticker PL on the NYSE exchange.
Planet Labs stock last closed at $31.83, down 5.88% from the previous day, and has increased 695.75% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 6.6 percentage points. Planet Labs stock is currently +1,040.86% from its 52-week low of $2.79, and -12.27% from its 52-week high of $36.28.
At the moment, there are 346.15M PL shares outstanding. The market capitalization of PL is $11.02B. In the last 24 hours, 23M PL shares were traded.
How to Buy Planet Labs Stock
Not sure how to invest in Planet Labs stock? Here's how.
- Figure out where to buy Planet Labs stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Planet Labs stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your payment method and add your details.
- Evaluate Planet Labs stock: The Planet Labs ticker symbol is PL. Is Planet Labs stock a good investment? Should you buy shares of PL? How do PL's underlying business fundamentals look? Do top analysts think Planet Labs is a good buy? Why has PL's stock price moved recently? (Hint: Our stock market research website can help you understand if PL is a good stock to buy).
- Place your PL buy order: Decide if you will purchase PL shares at the current market price or use a limit order to purchase PL stock at a given price.
- Monitor your PL investment: Create a watchlist to keep tabs on your position in Planet Labs stock.
Step 1: Figure out where to buy Planet Labs stock
You will need an online brokerage account to access the NYSE market and buy PL shares.
Our recommended brokerage: eToro
Based on our research, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
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- Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal information so you can buy PL today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on the best free stock trading app, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing funds into your investment account.
Step 4: Evaluate Planet Labs stock
Once you have selected the best place to buy Planet Labs stock, it's absolutely critical to analyze their stock before you buy, so you can comprehend the risk as well as the opportunity.
Planet Labs Metrics
Planet Labs Due Diligence Checks
WallStreetZen was built to help part-time investors do better fundamental analysis quickly.
You can view all of the due diligence checks on PL's stock page.
Is PL stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge PL's intrinsic value.
Using relative valuations ratios:
- PL may be overvalued based on its P/B ratio of 58.47x, relative to Aerospace & Defense industry P/B ratio of 7.38x
You can do more valuation research on PL's stock here.
A look at PL Cashflows and Balance Sheet
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the PL balance sheet.
- PL's operating cash flow of $134.36M allows it to safely service it's debt of $462.48M.
- There are more short-term assets than short-term liabilities on the PL balance sheet.
Negative Financial Indicators:
- Total PL debt is higher than 5 years ago, relative to shareholder equity.
- PL earnings of -$238.77M is not enough to cover its interest payments.
- PL profit margin has gone down from -50.4% to -80.2% in the past year.
- PL has a relatively high debt to equity ratio of 5.08.
Do Wall Street analysts think it's a good time to buy PL stock
Out of 7 Wall Street analysts who monitor PL, the consensus analyst rating on Planet Labs is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest PL Analyst Upgrades/Downgrades
John Godyn, a bottom 10% analyst from Citigroup maintains PL with a strong buy rating and raises their PL price target from $19.00 to $30.00, on Jan 13, 2026.
Citigroup's John Godyn raised their price target on Planet Labs (NYSE: PL) by 57.9% from $19 to $30 on 2026/01/13. The analyst maintained their Strong Buy rating on the stock.
Hiking their price target on Planet Labs in an annual preview note on names in their Aerospace & Defense portfolio, Godyn predicted that the group's momentum will continue throughout 1H 2026.
Edison Yu, a top 40% analyst from Deutsche Bank maintains PL with a strong buy rating and raises their PL price target from $16.00 to $17.00, on Dec 11, 2025.
You can dive deeper into what analysts are forecasting on the Planet Labs stock forecast page.
PL Trading Indicators
PL Earnings
Last year, PL revenue was $307.73M. In the last 5 year, PL's revenue has grown by 22.15% per year. This was faster than the Aerospace & Defense industry average of 7.98%.
Learn more about PL's earnings and revenue performance here.
Latest Insiders Trades at PL
Over the past year, executives and large shareholders at PL have sold more shares than they have bought.
Ashley F. Johnson, President CFO of PL, was the latest PL insider to sell. They sold $761,458.24 worth of PL shares on Mar 19, 2026.
Dig into more about who owns PL shares here.
Can I rely on PL as an income stream?
No, Planet Labs doesn't provide an income stream by paying out dividends.
PL Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your PL buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open Trade button and your broker will execute your order.
If you require more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your PL investment
Now that you own some shares in PL, you'll want to keep up with your new company.
Start a watchlist to keep track of your PL stock.
PL Feed
How to Buy Stock in Planet Labs
To summarize, here are the 6 steps you need to take to buy Planet Labs stock right now:
- Figure out where to buy Planet Labs stock
- Open a brokerage account
- Deposit funds into your investment account
- Evaluate Planet Labs stock
- Place your PL buy order
- Monitor your PL investment
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Planet Labs, hit the button below to create your watchlist.
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