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How to buy Planet Labs stock in Canada

Own Planet Labs shares in just a few minutes.

Google-backed geospatial intelligence company, Planet Labs, has closed its merger with dMY Technology Group, Inc. IV, a special purpose acquisition company (SPAC). Following its market debut on Wednesday, Planet Labs' stock price fluctuated throughout the day.

Here's how you can buy into PL from Canada.

How to buy Planet Labs stock

  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – PL. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Planet Labs stock price (NYSE:PL)

Use our graph to track the performance of PL stocks over time.

Planet Labs shares at a glance

Information last updated 2023-05-26.
Latest market close$4.41
52-week range$3.29 - $7.52
50-day moving average $3.96
200-day moving average $4.88
Wall St. target price$7.68
PE ratio N/A
Dividend yield $0 (0%)
Earnings per share (TTM) $-0.61

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Is it a good time to buy Planet Labs stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Planet Labs price performance over time

Historical closes compared with the close of $4.41 from 2023-05-30

1 week (2023-05-25) 4.01%
1 month (2023-05-01) 9.98%
3 months (2023-03-01) -1.56%
6 months (2022-12-01) -22.90%
1 year (2022-06-01) -25.76%
2 years (2021-06-01) -55.05%
3 years (2020-05-28) N/A
5 years (2018-05-28) N/A
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Planet Labs financials

Revenue TTM $191.3 million
Gross profit TTM $94 million
Return on assets TTM -13.95%
Return on equity TTM -26.46%
Profit margin -84.69%
Book value $2.12
Market capitalisation $1.2 billion

TTM: trailing 12 months

Planet Labs share dividends

We're not expecting Planet Labs to pay a dividend over the next 12 months.

Planet Labs share price volatility

Over the last 12 months, Planet Labs's shares have ranged in value from as little as $3.29 up to $7.515. A popular way to gauge a stock's volatility is its "beta".

PL.US volatility(beta: 0.69)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Planet Labs's is 0.6901. This would suggest that Planet Labs's shares are less volatile than average (for this exchange).

Planet Labs overview

Planet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company offers planet monitoring, basemap, tasking, apps, variables, hyperspectral, analytic feeds, and platform, as well as planet professional services including launch program, architectural workshop, planet training, integration and data services, and quick start services; and technical support services, which includes planet help center, developer resource center, and planet community and university. It serves agriculture, civil government, civil and intelligence, drought response, science programs, energy and infrastructure, finance and insurance, forestry and land, mapping, maritime, planet federal, and nonprofit program markets. The company is headquartered in San Francisco, California. .

Frequently asked questions

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