Revenue Outlook Rally

Planet Labs PBC (NYSE: PL) reported a sharp rally in share price on Friday, closing at $26.96 after an 8.76 % gain driven by a double‑digit revenue outlook for fiscal 2027. Management forecast revenues of $415 million to $440 million, a 35 – 43 % increase from the previous year, and adjusted EBITDA that may hold flat or rise by $10 million year‑on‑year. First‑quarter revenue guidance of $87 million to $91 million represents 31 – 37 % growth. The company highlighted a $900 million backlog, up 79 % YoY, and emphasized its ability to unlock “massive markets through AI.”