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Planet Labs: A $1.5 Trillion Catalyst Could Force Another Rerate

Source: SeekingAlpha

2026-02-21 09:18:28 ET

I initiate coverage on Planet Labs ( PL ) with a strong buy rating, citing the recent growth in RPO and the potential of a strong catalyst in H2 this year from a possible 66% YOY hike in the U.S. defense budget to $1.5T....

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Planet Labs: A $1.5 Trillion Catalyst Could Force Another Rerate
Planet Labs PBC Com Cl A

NASDAQ: PL

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$7,637,866,535
300,387,002
7.01%
108
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Aerospace & Defense
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