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Planet Labs Stock Goes Statospheric. Is It Too Late To Buy?

Space stocks were one of the worst stocks to bet on in the market, with perpetual losses and sluggish growth. Things have completely changed as space research and spending are paying off. The military is mostly what has been spearheading space growth.

Planet Labs (PL) is a big beneficiary, since it has the world’s largest fleet of Earth observation satellites. It popped by over 42.8% Monday after it released stellar Q2 FY2026 earnings results.

Time to buy PL stock?

This post appeared first on Money Morning.