Planet Labs PBC Stock watching
On September 2, 2026, Morgan Stanley upgraded Planet Labs PBC (NYSE: PL) from "Equal--weight" to "Overweight," raising the price target to $32.00. The upgrade is attributed to the successful technical validation of the Pelican--2 constellation and an expanding pipeline of high--margin sovereign government contracts. Analysts highlighted that the company's "tip--and--tune" capability—integrating daily global monitoring with high--resolution tasking—creates a significant competitive advantage in the defense and intelligence sectors. This rating change precedes the company's Q2 FY2027 earnings report scheduled for September 10.