Why Planet Labs Stock Went to the Moon Today

Earth observation satellite company Planet Labs (NYSE: PL) stock shot sharply higher Monday morning, soaring by 35% through 10:55 a.m. ET after it beat analysts' forecasts for sales and adjusted earnings.Heading into its second-quarter fiscal 2026 report, analysts expected Planet Labs to report $0.04 per share in adjusted losses on $66.2 million in sales. In fact, its adjusted loss was only $0.03 per share, and its sales rose 20% year over year to $73.4 million. Management also offered guidance for even greater growth ahead. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool