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 $1.77, up 0.57% from the previous day, and has decreased 54.85% in one year. It has underperformed other stocks in the Aerospace & Defense industry by 0.66 percentage points. Planet Labs stock is currently +5.36% from its 52-week low of $1.68, and -64.6% from its 52-week high of $5.00.
At the moment, there are 290.62M PL shares outstanding. The market cap of PL is $514.40M. In the past 24 hours, 583,959 PL shares were traded.
How to Buy Planet Labs Stock
Wondering how to invest in Planet Labs stock? Here's how.
Figure out where to buy Planet Labs stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose 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: Choose your payment method and add your info.
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 tools can help you decide 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 shares at a specific price.
Monitor your PL investment: Create a watchlist to important updates regarding your new investment in Planet Labs shares.
Step 1: Figure out where to buy Planet Labs stock
You will need a brokerage account in order to access the NYSE market and buy PL shares.
A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Open a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal information so you can buy PL stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Evaluate Planet Labs stock
After you have decided on the best place to buy Planet Labs stock, it's crucial to evaluate their stock prior to investing, so you actually comprehend the risk as well as the upside.
Planet Labs Numbers
PL Price
$1.77
1w %
1.14%
1y %
-54.85%
5y %
N/A
P/E
-3.54x
P/B
0.99x
P/S
2.24x
PEG
N/A
Revenue
$220.70M
Earnings
-$140.51M
Fore. Rev. Growth
19%
Fore. Earn. Growth
N/A
Market Cap
$514.40M
Next Earnings
Jun 6, 2024
Next Dividend
N/A
PL Due Diligence Checks
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on PL's stock page.
Is PL stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge PL's intrinsic value.
Using relative valuations measures:
PL may be undervalued based on its P/B ratio of 0.99x, relative to Aerospace & Defense industry P/B ratio of 5.37x
Last year, PL revenue was $220.70M. During the past 5 year, PL's revenue has grown by 18.18% per year. This was faster than the Aerospace & Defense industry average of 7.45%.
No, Planet Labs doesn't provide an income stream by paying out dividends.
What others are saying about PL
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your PL buy order
There are two primary options:
Market order: A market order is an order to buy or sell a stock at the best price on the market. Market orders are usually sufficient.
Limit order: A limit order allows you to buy or sell a security at a specific price (or better). If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.
Hit the Open Trade button and your broker will execute your order.
If you require additional info about investing in stocks on eToro, watch the how to video below:
How much does it cost to buy one Planet Labs share?
As of Apr 26, 2024, it costs $1.77 to buy one share of Planet Labs stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.89, you can buy 0.5 shares of PL.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.