Planet Labs' Pivot To Solutions And AI Signals Long-Term Upside, Says Analyst
1. Benchmark analyst reiterated Buy rating on Planet Labs with $7 price target. 2. Q4 adjusted losses of 8 cents per share missed expectations of 2 cents. 3. Revenue of $61.6 million fell short of consensus of $61.87 million. 4. A pivotal $230 million agreement with JSAT expected to reduce cash burn significantly. 5. Growth anticipated in commercial agriculture market as FY26 approaches.