Planet Labs PBC Stock watching

On July 5, 2026, Planet Labs PBC (NYSE: PL) shares surged 15.9% following the company's formal inclusion in the Russell 1000, Russell Midcap, and Russell Growth indices. This index migration, which transitioned the company from the small--cap Russell 2000, is expected to significantly increase institutional visibility and trading liquidity. Alongside this milestone, Planet Labs raised its full--year revenue guidance to a range of $425 million to $441 million, citing a robust contract backlog exceeding $900 million and accelerating commercial demand for its high--resolution Pelican and Tanager satellite constellations.

Sources