How to buy Planet Labs stock in Canada

Google-backed geospatial intelligence company, Planet Labs, has closed its merger with dMY Technology Group, Inc. IV, a special purpose acquisition company (SPAC). Following its market debut on Wednesday, Planet Labs' stock price fluctuated throughout the day.

Here's how you can buy into PL from Canada.

Our top picks for where to buy Planet Labs PBC stock

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Planet Labs stock price (NYSE: PL)

Use our graph to track the performance of PL stocks over time.

Planet Labs stocks at a glance

• Key figures

Information last updated 2024-12-19.

Latest market close	$4.04
52-week range	$1.67 - $4.99
50-day moving average more info button	$3.01
200-day moving average more info button	$2.33
Wall St. target price	$4.50
PE ratio more info button	N/A
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$-0.40

Is it a good time to buy Planet Labs stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Dive deeper: Our picks for the best stocks to buy right now in Canada

Planet Labs price performance over time

Historical closes compared with the close of $3.87 from 2024-12-18

1 week (2024-12-13)	-3.49%
1 month (2024-11-21)	16.57%
3 months (2024-09-20)	87.86%
6 months (2024-06-20)	109.19%

1 year (2023-12-20)	64.68%
2 years (2022-12-20)	-19.04%
3 years (2021-12-20)	5.9
5 years (2019-12-17)	N/A

Planet Labs financials

Revenue TTM	$235.8 million
Gross profit TTM	$94 million
Return on assets TTM	-12.51%
Return on equity TTM	-26.87%
Profit margin	-57.71%
Book value	$1.79
Market Capitalization more info button	$1.1 billion

TTM: trailing 12 months

Planet Labs stock dividends

We're not expecting Planet Labs to pay a dividend over the next 12 months.

Planet Labs stock price volatility

Over the last 12 months, Planet Labs's stocks have ranged in value from as little as $1.67 up to $4.99. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (NYSE average) beta is 1, while Planet Labs's is 0.97. This would suggest that Planet Labs's stocks are less volatile than average (for this exchange).

Planet Labs overview

Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company's platform offers planet monitoring, basemap, tasking, apps, and application programming interfaces, as well as analytics and planetary variables. It serves agriculture, mapping, energy, forestry, finance and insurance companies, and government agencies. The company was founded in 2010 and is headquartered in San Francisco, California..

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Frequently asked questions

What percentage of Planet Labs is owned by insiders or institutions?
Currently 2.732% of Planet Labs stocks are held by insiders and 54.503% by institutions. How many people work for Planet Labs?
Latest data suggests 1,020 work at Planet Labs. When does the fiscal year end for Planet Labs?
Planet Labs's fiscal year ends in January. Where is Planet Labs based?
Planet Labs's address is: 645 Harrison Street, San Francisco, CA, United States, 94107 What is Planet Labs's ISIN number?
Planet Labs's international securities identification number is: US72703X1063

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