PL // Planet Labs PBC

DES <GO> NYSE CIK 0001836833 ↗

Technology • Radio And Television Broadcasting And Communications Equipment

$14.31 ▼ -0.02 (-0.14%)

MKT CAP: $5.21B • VOL: 7.54M

52W L $11 52W H $52

ALTMAN Z

1.81 GREY

PIOTROSKI

6 / 9

PL // ROARABLE RATING & 5-PILLAR RQD CONFIDENCE 02:00 EST DETERMINISTIC ENGINE

PRIOR: RQD 59/100 [C-] (+0 PT) • UNCHANGED AS OF 2026-11-01

ROARABLE C-

RQD CONFIDENCE

59 / 100 +0D

5 X 20-PT QUANT PILLARS

E 0 D 35 C 59 B 70 A 86+

Roarable Hold — Cautious Neutral

01 MASSIVE / SEC XBRL

Forensic Fundamentals

10 / 20

NEUTRAL

FCF +198.3% vs NI -100.4% • ROIC-WACC -24.9% • Z 1.81

02 OPRA GEX + SEC 13F

Whale & Options Flow

[LOCKED] FLAGGED

UNLOCK BELOW TO REVEAL

03 SEC FORM 4 (90D)

Insider Conviction

[LOCKED] FLAGGED

UNLOCK BELOW TO REVEAL

04 FRED 90D r-MATRIX

Macro Regime Fit

14 / 20

SOLID

TAILWIND • r(10Y)=+0.00 (+23bp) • r(OAS)=+0.00

05 10-K REDLINE AUDIT

Forensic 10-K Risk

13 / 20

SOLID

20 BASE - 7 DEDUCT • 0 CRIT / 0 MED • STABLE

ALERT

Why did PL's Whale & Options Flow & Insider Conviction sub-score just flash a warning? Enter your email to unlock the full 5-Pillar Rating Breakdown + get instant alerts whenever PL is Upgraded or Downgraded.

SIG <GO> CROSS-FEED TRIANGULATION // PROPRIETARY ANOMALY ENGINE (1 ACTIVE ON PL)

STAGE 2 DETERMINISTIC Z-SCORE + STAGE 3 GEEK DESK BRIEF ALL MARKET ANOMALIES <SIG>

▼ BEARISH // F-RATED EARNINGS MIRAGE // ACCRUAL WATCHSIFTER 02 // ACCRUAL & RECEIVABLES FORENSICS

SEVERITY: 94/100 Z-SCORE: +4.28σ

PL Accounting Gap: Net Income (-100.4%) Outpaced OCF (+220%) With +170.5% Working-Capital Build

CASH CONVERSION GAP

-320.4% (NI vs OCF)

RECEIVABLES / WC BLOAT

+170.5% VS REV

60D C-SUITE FORM 4 SALES

0 OPEN-MKT DUMPS

[GEEK DESK FORENSIC NOTE // SEC XBRL × FORM 4 CROSS-CHECK]

SEC EDGAR XBRL CompanyFacts10-K/10-Q Working Capital ScheduleSEC Form 4 Executive Sales

SEC EDGAR XBRL triangulation on Planet Labs PBC (PL) exposes a +-320.4% Cash Conversion Gap as YoY Net Income growth (-100.4%) diverged from Operating Cash Flow growth (+220.0%). Non-cash current assets and receivables expanded +170.5% relative to top-line revenue growth. Monitor upcoming 10-Q cash realization closely for accrual mean-reversion.

PL // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -63.57%⚡ TESTING RESISTANCE

2026-10-30O $13.54H $14.02L $13.15C $13.47VOL 6.55M

RES: $15.45SUP: $12.28SMA50: $16.81SMA200: $26.73

PL // INSTITUTIONAL BULL VS. BEAR FORENSIC DEBATE

UNDERWEIGHT CONVICTION: 39/100

BEAR 0

100 BULL

Planet Labs PBC (PL) exhibits 56.1% gross margins and -18.0% return on invested capital within Technology (Radio And Television Broadcasting And Communications Equipment), balanced against a 24.0x enterprise multiple and 7.5% implied options volatility.

▲ INSTITUTIONAL BULL THESIS (LONG)

01. Operating Leverage & Capital Efficiency Moat

Sustained 56.1% gross profitability converts into -30.9% operating margin and -18.0% ROIC, outpacing sector cost of capital.

ROIC: -18.0% // GM: 56.1%

02. Top-Line Expansion & Cash Conversion

YoY revenue trajectory of +25.9% paired with 1.11% free cash flow yield supports self-funded R&D and capital return.

REV YOY: +25.9% // FCF YLD: 1.11%

03. Balance Sheet Solvency & Forensic Quality

Altman Z-Score of 1.81 and Piotroski F-Score of 6/9 indicate low near-term refinancing stress.

ALTMAN Z: 1.81 // F-SCORE: 6/9

▼ INSTITUTIONAL BEAR THESIS (SHORT / RISK)

01. Multiple Compression & Duration Sensitivity

Trading at 24.0x trailing P/E (28.0x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.

P/E: 24.0x // EV/EBITDA: —

02. Options Skew & Event Volatility Risk

Options market prices a ±7.5% implied move with a 0.88 put/call ratio around $14.00 max pain.

IMPL MOVE: ±7.5% // P/C: 0.88

03. Competitive Margin & CapEx Cycle Pressure

Elevated industry capital intensity and customer concentration in Radio And Television Broadcasting And Communications Equipment require continuous execution to defend -60.0% net margins.

NET MARGIN: -60.0% // D/E: 2.13x

KEY CATALYST // Upcoming 10-Q/10-K XBRL margin progression, guidance revision vs 28.0x forward consensus, and institutional 13F positioning.

MACRO REGIME // Monitor US 10Y Real Yields (DFII10) and High-Yield Credit Spreads (OAS) for beta-adjusted multiple impact (Beta 1.18).

FORM 4 & 13F FLOW OPEN OWN <GO>

FILER	SIDE	$ VALUE
INSPECT FULL OWNERSHIP LEDGER IN OWN <GO>

UNUSUAL OPTIONS TAPE OPEN OPT <GO>

STRIKE / EXP	TYPE	PREMIUM
INSPECT GEX & CHAIN IN OPT <GO>

KEY VALUATION & PROFITABILITY RATIOS XBRL FA <GO>

TRAILING P/E —

FORWARD P/E 28.0x

EV / EBITDA —

FCF YIELD 1.11%

GROSS MARGIN 56.1%

OPERATING MARGIN -30.9%

NET MARGIN -60.0%

ROIC % -18.0%

REV GROWTH YOY +25.9%

DILUTED EPS TTM $-0.68

DEBT / EQUITY 2.13x

DIVIDEND YIELD 0.00%

RSI-14 MOMENTUM 36.5

5Y EQUITY BETA 1.18

FRED MACRO SENSITIVITY (PEARSON r) ECST <GO>

MACRO CORRELATION CALIBRATION ACTIVE BELOW.

FRED MACRO REGIME STRESS-TEST SIMULATOR // PLPEARSON R VARIANCE ENGINE

01 // SELECT FEDERAL RESERVE & CREDIT SHOCK SCENARIO

02 // POSITION NOTIONAL EXPOSURE

HEADLINE STRESS SCORE

75/100SEVERE DRAWDOWN PRESSURE

PRIMARY FACTOR EXPOSURE

DFII10 // -0.61 r

Latest: 2.08%

EST. DIRECTIONAL MOVE

-8.50%

Implied Px: $13.09

EST. DOLLAR VARIANCE

-$4,248

On $50,000 Notional

[LOCKED // MULTI-FACTOR DRAWDOWN HEDGE & MACRO TRIGGER ALERT]

Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for PL & activate live FRED threshold breach alerts.

HEAD-TO-HEAD PEER COMPARISONS COMP <GO>

PL VS AAPL

MARGINS ROIC VALUATION

PL VS NVDA

MARGINS ROIC VALUATION

PL VS MSFT

MARGINS ROIC VALUATION

PL VS GOOG

MARGINS ROIC VALUATION