PL - Planet Labs PBC
A delayed debut for Rocket Lab‘s (NASDAQ:RKLB | RKLB Price Prediction) next-generation rocket is weighing on space stocks. Rocket Lab stock is down 6% to $51.
Planet Labs is developing Slovenia's Space Resilience Node to automate satellite-based threat detection and expand its government and defense opportunities.
The shares are down over 50%, but that fact alone is not enough to warrant a purchase.
AST SpaceMobile (NASDAQ:ASTS) stock is sinking 9% to $46.58 in morning trading after Piper Sandler downgraded the stock to Neutral. That decline leaves AST SpaceMobile stock down 36% year to date (YTD) and below its prior 52-week low of $47.
SpaceX stock is off its post-IPO high, but still costs 200 times forward earnings. Rocket Lab's revenue will grow when it absorbs Iridium -- and could then double again by 2030.
SpaceX, Nvidia, Google, and Meta are moving space data centers from science fiction toward hardware, contracts, and launches.
AST SpaceMobile (NASDAQ:ASTS) shares are falling after a larger rival secured low-band frequencies the company had pursued.
A regulatory win for a satellite rival is hitting AST SpaceMobile (NASDAQ:ASTS) stock harder than the rest of the space group, since the company's business runs through wireless carriers. AST SpaceMobile stock is down 7% to $56.
On October 06, 2026, Planet Labs PBC (PL) shares rose 7.0% to a current price of $18.57, reflecting a significant recovery from its 52-week low of $10.52, but s
PL's 51% six-month slide may offer a favorable entry point as revenues, backlog and defense demand grow, though valuation and execution risks remain.
Planet Labs (NYSE:PL) just helped put Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google's AI ambitions into orbit, yet its stock remains one of the market's biggest space-stock reversals this year. Shares have fallen roughly 66% from their May peak, even as Planet's underlying business posts record revenue, a sizable backlog and new opportunities tied to AI, defense and satellite data.
PL's latest launch adds 20 satellites, expanding Earth-observation capacity while advancing Suncatcher and hyperspectral imaging efforts.
Government backing in Washington and Tokyo, plus a completed carrier test in Canada, has handed AST SpaceMobile (NASDAQ:ASTS) two distribution wins that are lifting space stocks broadly. ASTS stock is at $60.14, up 3% in morning trading.
On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes Quanta Services, Inc. (NYSE:PWR) and recommends buying the same. “I think there is still a buildout.
SpaceX and Rocket Lab are growing quickly but trade at steep valuations. Planet Labs is a space stock at a much cheaper multiple.
Planet Labs PBC (NYSE:PL) shares are jumping Friday after the company announced the launch of 20 satellites aboard a SpaceX Falcon 9 rocket Thursday.
Planet Labs launched 18 SuperDoves, a Tanager satellite, and one new AI satellite that it built for Google. The SuperDoves are most important to Planet's business today.
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced the successful launch of 20 satellites: the first demo mission for Google's Project Suncatcher; Tanager-2, its latest hyperspectral satellite; and 18 SuperDoves. The spacecraft were launched to orbit aboard the Transporter-18 rideshare mission with SpaceX from Vandenberg Space Force Base in California. Planet has successfully made initial contact with.
Will Marshall, Planet Labs co-founder and CEO, joins 'Power Lunch' to discuss teaming up with SpaceX to send 20 satellites into orbit this week.
The Pentagon is pouring nearly $60 billion into space, and two very different companies are racing to grab their share.