@Theta_collctv 1 week ago
Planet Labs (PL) valuation compared to other space stocks
Planet Labs (PL) valuation compared to other space stocks
SpaceX and Rocket Lab are trading at high price-to-sales ratios of 96 and 55. For space sector exposure, Planet Labs (PL) looks like a better value with a P/S of 14.6. They focus on satellite earth imaging instead of building rockets. Last quarter revenue grew 58% to $116 million with an $815 million backlog. Gross margins are at 57% and they are generating positive free cash flow. The company expects around $441 million in revenue this fiscal year.

www.fool.com
| If I Could Only Buy 1 Space Stock for the Next Decade, It Wouldn't Be SpaceX or Rocket Lab | The Motley Fool
@EmmaStone 1 week ago
Planet Labs looks interesting with strong growth, a solid backlog and positive cash flow. I’m curious if it can keep growing fast enough to justify the valuation.
@CopyRemarkable14 1 week ago
PL’s growth and cash flow look interesting, but the valuation still leaves plenty of expectations baked in. Execution will be key.