{
  "id": 5909497,
  "title": "Stock Market Today, Sept. 4: Planet Labs Dips 1% Despite Earnings Beat, Full-Year Guidance Raise",
  "url": "https://urgent.news/2026/09/04/stock-market-today-sept-4-planet-labs-dips-1-despite-earnings-beat-5909497",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T21:34:42.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/stock-market-today-sept-4-213442180.html"
  },
  "original_language": "en",
  "account": "On September 4, Planet Labs (PL) experienced a 1.28% decline in its stock price, closing at $18.11, following a mixed premarket update from analysts. Despite this, the company reported a beat in its Q2 earnings and raised its full-year guidance. Trading volume was significantly higher than usual, at 30.8 million shares, which is 182% above the three-month average of 10.9 million shares. PL went public in 2021 and has seen an 83% growth since its initial public offering. The broader market also saw declines, with the S&P 500 down 0.39% to 7,718 and the Nasdaq Composite down 0.29% to 26,507. Among satellite-based earth observation and geospatial analytics peers, BlackSky Technology (BKSY) closed at $20.50, down 0.63%, while Satellogic (SATL) ended at $4.64, up 0.22%. While Planet Labs showed strong performance in Q2, with sales increasing by 58% and adjusted EPS beating expectations, its backlog growth was only 11% year over year, which may have kept the stock price relatively flat. The company guided for Q3 sales between $101 million and $105 million, which is significantly lower than analysts' expectations of $114 million, equaling a 27% sales growth at the midpoint. Despite this, Planet Labs could potentially build a moat around its historical data and insights, particularly as it incorporates AI into its processes and explores new applications for its customers. However, the stock may not be the best investment at its current valuation of 17 times sales. Analysts did not recommend buying PL stock, but they did identify 10 other stocks they believe are best for long-term growth, including Netflix and Nvidia. If you had invested $1,000 in these companies when they were first recommended, you would have seen substantial returns. The Motley Fool Stock Advisor, which identified these stocks, has a proven track record of beating the S&P 500 by nearly 5x.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Motley Fool",
        "title": "Stock Market Today, Sept. 4: Planet Labs Dips 1% Despite Earnings Beat, Full-Year Guidance Raise",
        "url": "https://urgent.news/2026/09/04/stock-market-today-sept-4-planet-labs-dips-1-despite-earnings-beat-5681902",
        "published": "2026-09-04T21:14:42.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Stock Market Today, Sept. 4: Planet Labs Dips 1% Despite Earnings Beat, Full-Year Guidance Raise",
        "url": "https://urgent.news/2026/09/04/stock-market-today-sept-4-planet-labs-dips-1-despite-earnings-beat",
        "published": "2026-09-04T21:34:42.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}