Planet Labs’ stock soars as the satellite company says AI will unlock more business

Site SearchClearSEARCHAdvanced Search ➔Search ResultsSymbolsNo results foundAll NewsArticlesVideoPodcasts0 ResultsNo Results FoundAuthorsNo results foundSectionsNo results foundColumnsNo results found Space WatchPlanet Labs’ stock soars as the satellite company says AI will unlock more businessThe company, a Google partner, delivers record revenue for its latest fiscal year, reflecting growing demand for satellite imageryLast Updated: March 19, 2026 at 8:31 p.m. ETFirst Published: March 19, 2026 at 6:01 p.m. ETShareResizeListen(4 min)Nvidia and Planet Labs will partner on ways to process satellite imagery more efficiently. Photo: NvidiaPlanet Labs’ stock was skyrocketing Thursday after the satellite-imaging company delivered a record annual performance and forecast even bigger numbers to come.Shares PL rose 14.6% in Thursday’s extended session, after surging 535% in the 12 months through Thursday’s close. About the Author William GavinWilliam Gavin is a tech reporter for MarketWatch. He is based in New York.Show Conversation (0)Back To TopA Dow Jones CompanyCopyright © 2026 MarketWatch, Inc. All rights reserved.Terms of UsePrivacy NoticeCookie NoticeArchive MarketwatchCustomer CenterContact UsNewslettersNewsroom RosterVirtual Stock ExchangeMarketWatch GuidesCopyright PolicyManage NotificationsCancel My SubscriptionCompanyDow JonesCode of ConductCorrectionsReprints & LicensingDigital Self ServiceYour Ad ChoicesCorporate SubscriptionsAccessibilityDow Jones NetworkThe Wall Street JournalBarron'sInvestor's Business DailyFinancial News Londonrealtor.comMansion GlobalDow Jones Smart MoneyIntraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.