Planet Labs (PL) Is Up 6.1% After Building New Europe-Focused Security Advisory Boards – What’s Changed

Simply Wall St

Tue, February 24, 2026 at 10:08 AM GMT+9 3 min read

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  PL

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Planet Labs PBC recently announced at the 2026 Munich Security Conference that it has created European and Defense & Intelligence advisory boards, bringing in former heads of government, EU officials, and senior military leaders to help expand its satellite data business with European institutions and national security agencies.

This move, alongside its new AXA Digital Commercial Platform partnership to supply satellite data for real-time disaster risk management, highlights how Planet is aligning its geospatial services with government, insurance, and security end-markets that rely heavily on timely earth observation.

We’ll now examine how the new advisory boards, especially the Defense & Intelligence group, may reshape Planet Labs’ existing investment narrative.

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Planet Labs PBC Investment Narrative Recap

To own Planet Labs PBC, you need to believe that its global satellite imagery and geospatial analytics can convert into durable, high-value contracts with governments and large enterprises. Right now, the key near term catalyst is whether defense and intelligence demand can keep translating into backlog and revenue growth, while the biggest risk is execution on these larger, complex accounts and the company’s ability to control spend as it invests in new fleets and solutions. The new advisory boards modestly reinforce, rather than transform, that equation.

Among recent updates, the multi-year low nine-figures agreement with the Swedish Armed Forces is most relevant here, because it shows how Planet is already turning defense and European interest into sizable, multi-year workloads. Combined with the new European and Defense & Intelligence advisory boards, it gives more context for how the business might keep building on government contracts as a core catalyst, even as concentration in a smaller set of large customers remains a key risk to monitor.

Yet beneath the headline growth, investors should be aware that reliance on a handful of large government and defense contracts could…

Read the full narrative on Planet Labs PBC (it’s free!)

Planet Labs PBC’s narrative projects $409.3 million revenue and $29.2 million earnings by 2028. This requires 17.8% yearly revenue growth and a $135.7 million earnings increase from -$106.5 million today.

Uncover how Planet Labs PBC’s forecasts yield a $14.55 fair value, a 39% downside to its current price.

Exploring Other Perspectives

PL 1-Year Stock Price Chart

Some of the lowest ranked analysts took a far more cautious view, assuming only about 17 percent annual revenue growth to roughly US$400.5 million and ongoing losses, and they highlight data sovereignty and contract concentration as serious headwinds that could look different in light of the new European and national security focus.

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Explore 12 other fair value estimates on Planet Labs PBC - why the stock might be worth less than half the current price!

The Verdict Is Yours

Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts.

A great starting point for your Planet Labs PBC research is our analysis highlighting 1 key reward and 3 important warning signs that could impact your investment decision.

Our free Planet Labs PBC research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Planet Labs PBC's overall financial health at a glance.

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_ This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned._

Companies discussed in this article include PL.

Have feedback on this article? Concerned about the content? Get in touch with us directly._ Alternatively, email editorial-team@simplywallst.com_

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