PL

Planet Labs PBC

58
Fundamentals76/ 100
Valuation50/ 100
Upside potential66/ 100
Risk potential47/ 100

PL has a slight edge over RKLB overall, supported by stronger fundamentals.

RKLB

Rocket Lab USA, Inc.

56
Fundamentals66/ 100
Valuation50/ 100
Upside potential66/ 100
Risk potential46/ 100

RKLB has slightly lower modeled downside risk, despite its lower overall score.

PL Fundamentals

MetricStatus
Strong
Weak
Stable
Unavailable

PL's revenue is currently strong, and its cash flow is stable, but its profitability is weak. There isn't enough data to rate its balance sheet.

RKLB Fundamentals

MetricStatus
Strong
Under pressure
Weak
Unavailable

RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.

PL PE Valuation

PL has no meaningful PE right now: it lost money over the past year.

RKLB PE Valuation

RKLB has no meaningful PE right now: it lost money over the past year.

PL Forward outlook

MetricOutlook
--
Losses shrinking
Strong growth
Strongly improving
Limited
Low

Analysts expect PL's losses to shrink, with revenue growing. However, they disagree widely on these estimates.

RKLB Forward outlook

MetricOutlook
--
Losses shrinking
Strong growth
Strongly improving
Limited
Low

Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.

PL Risk to reward

ScenarioChangePrice
Upside+91%$26.56
Downside-47%$7.39

Calculated from the latest close: $13.90 on Nov 12.

PL has a better modeled risk to reward balance than RKLB, with more potential upside relative to its potential downside.

RKLB Risk to reward

ScenarioChangePrice
Upside+88%$120.71
Downside-46%$34.64

Calculated from the latest close: $64.07 on Nov 12.

RKLB trails PL on modeled risk to reward, with less potential upside relative to its potential downside.

PL Earnings Per Share

Q4 2023: $-0.54Q1 2024: $-0.50Q2 2024: $-0.47Q3 2024: $-0.46Q4 2024: $-0.40Q1 2025: $-0.42Q2 2025: $-0.36Q3 2025: $-0.30Q4 2025: $-0.42Q1 2026: $-0.80Q2 2026: $-1.16Q3 2026: $-1.12
Q4 2023: $-0.54Q1 2024: $-0.50Q2 2024: $-0.47Q3 2024: $-0.46Q4 2024: $-0.40Q1 2025: $-0.42Q2 2025: $-0.36Q3 2025: $-0.30Q4 2025: $-0.42Q1 2026: $-0.80Q2 2026: $-1.16Q3 2026: $-1.12
QuarterTTM EPSYoY
Q3 2026-$1.12-$0.82
Q2 2026-$1.16-$0.80
Q1 2026-$0.80-$0.38
Q4 2025-$0.42-$0.02
Q3 2025-$0.30+$0.16
Q2 2025-$0.36+$0.11
Q1 2025-$0.42+$0.08
Q4 2024-$0.40+$0.14

PL lost $1.12 per share over the past year, a bigger loss than the year before.

RKLB Earnings Per Share

Q4 2023: $-0.38Q1 2024: $-0.37Q2 2024: $-0.35Q3 2024: $-0.37Q4 2024: $-0.38Q1 2025: $-0.41Q2 2025: $-0.46Q3 2025: $-0.39Q4 2025: $-0.37Q1 2026: $-0.32Q2 2026: $-0.27Q3 2026: $-0.36
Q4 2023: $-0.38Q1 2024: $-0.37Q2 2024: $-0.35Q3 2024: $-0.37Q4 2024: $-0.38Q1 2025: $-0.41Q2 2025: $-0.46Q3 2025: $-0.39Q4 2025: $-0.37Q1 2026: $-0.32Q2 2026: $-0.27Q3 2026: $-0.36
QuarterTTM EPSYoY
Q3 2026-$0.36+$0.03
Q2 2026-$0.27+$0.19
Q1 2026-$0.32+$0.09
Q4 2025-$0.37+$0.01
Q3 2025-$0.39-$0.02
Q2 2025-$0.46-$0.11
Q1 2025-$0.41-$0.04
Q4 2024-$0.38$0.00

RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 at its worst in mid-2025.

PL Quarterly Revenue

Q4 2023: $55MQ1 2024: $59MQ2 2024: $60MQ3 2024: $61MQ4 2024: $61MQ1 2025: $62MQ2 2025: $66MQ3 2025: $73MQ4 2025: $81MQ1 2026: $87MQ2 2026: $94MQ3 2026: $116M
Q4 2023: $55MQ1 2024: $59MQ2 2024: $60MQ3 2024: $61MQ4 2024: $61MQ1 2025: $62MQ2 2025: $66MQ3 2025: $73MQ4 2025: $81MQ1 2026: $87MQ2 2026: $94MQ3 2026: $116M
QuarterRevenueYoY
Q3 2026$116.1M+58%
Q2 2026$94.2M+42%
Q1 2026$86.8M+41%
Q4 2025$81.3M+33%
Q3 2025$73.4M+20%
Q2 2025$66.3M+9.6%
Q1 2025$61.6M+4.6%
Q4 2024$61.3M+11%

PL's revenue has grown year over year every quarter since early 2023: $116M last quarter, up 58% from the same quarter a year ago.

RKLB Quarterly Revenue

Q4 2023: $60MQ1 2024: $93MQ2 2024: $106MQ3 2024: $105MQ4 2024: $132MQ1 2025: $123MQ2 2025: $144MQ3 2025: $155MQ4 2025: $180MQ1 2026: $200MQ2 2026: $234MQ3 2026: $268M
Q4 2023: $60MQ1 2024: $93MQ2 2024: $106MQ3 2024: $105MQ4 2024: $132MQ1 2025: $123MQ2 2025: $144MQ3 2025: $155MQ4 2025: $180MQ1 2026: $200MQ2 2026: $234MQ3 2026: $268M
QuarterRevenueYoY
Q3 2026$267.8M+73%
Q2 2026$234.1M+62%
Q1 2026$200.3M+63%
Q4 2025$179.7M+36%
Q3 2025$155.1M+48%
Q2 2025$144.5M+36%
Q1 2025$122.6M+32%
Q4 2024$132.4M+121%

RKLB has the edge over PL on sales, with stronger typical year-over-year growth.

PL Free Cash Flow

Q4 2023: −$30MQ1 2024: −$16MQ2 2024: −$14MQ3 2024: −$23MQ4 2024: −$4MQ1 2025: −$18MQ2 2025: $9MQ3 2025: $47MQ4 2025: $2MQ1 2026: −$951,000Q2 2026: −$2MQ3 2026: $26M
Q4 2023: −$30MQ1 2024: −$16MQ2 2024: −$14MQ3 2024: −$23MQ4 2024: −$4MQ1 2025: −$18MQ2 2025: $9MQ3 2025: $47MQ4 2025: $2MQ1 2026: −$951,000Q2 2026: −$2MQ3 2026: $26M
QuarterFree cash flowYoY
Q3 2026$25.6M-46%
Q2 2026-$1.9M-120%
Q1 2026-$951K+$16.9M
Q4 2025$1.9M+$5.4M
Q3 2025$47.5M+$70.5M
Q2 2025$9.2M+$23.5M
Q1 2025-$17.9M-$2.2M
Q4 2024-$3.6M+$26.7M

PL has the edge over RKLB on cash generation, producing positive trailing cash flow while its opponent burns cash.

RKLB Free Cash Flow

Q4 2023: −$53MQ1 2024: −$22MQ2 2024: −$28MQ3 2024: −$42MQ4 2024: −$24MQ1 2025: −$83MQ2 2025: −$55MQ3 2025: −$69MQ4 2025: −$114MQ1 2026: −$77MQ2 2026: −$110MQ3 2026: −$24M
Q4 2023: −$53MQ1 2024: −$22MQ2 2024: −$28MQ3 2024: −$42MQ4 2024: −$24MQ1 2025: −$83MQ2 2025: −$55MQ3 2025: −$69MQ4 2025: −$114MQ1 2026: −$77MQ2 2026: −$110MQ3 2026: −$24M
QuarterFree cash flowYoY
Q3 2026-$23.9M+$45.5M
Q2 2026-$110.1M-$54.8M
Q1 2026-$77.4M+$5.5M
Q4 2025-$114.2M-$90.2M
Q3 2025-$69.4M-$27.5M
Q2 2025-$55.3M-$26.9M
Q1 2025-$82.9M-$61.1M
Q4 2024-$23.9M+$28.7M

RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M the year before.

PL Total Shares

Q4 2023: 284MQ1 2024: 280MQ2 2024: 288MQ3 2024: 290MQ4 2024: 293MQ1 2025: 292MQ2 2025: 300MQ3 2025: 304MQ4 2025: 309MQ1 2026: 308MQ2 2026: 346MQ3 2026: 360M
Q4 2023: 284MQ1 2024: 280MQ2 2024: 288MQ3 2024: 290MQ4 2024: 293MQ1 2025: 292MQ2 2025: 300MQ3 2025: 304MQ4 2025: 309MQ1 2026: 308MQ2 2026: 346MQ3 2026: 360M
PeriodChange %Net change
Quarterly+4.1%+14.1M shares
1 year+18%+55.5M shares
3 years+31%+84.5M shares

PL has the edge over RKLB on shareholder dilution, with a more favorable share count trend.

RKLB Total Shares

Q4 2023: 482MQ1 2024: 490MQ2 2024: 494MQ3 2024: 498MQ4 2024: 496MQ1 2025: 506MQ2 2025: 515MQ3 2025: 529MQ4 2025: 531MQ1 2026: 605MQ2 2026: 630MQ3 2026: 652M
Q4 2023: 482MQ1 2024: 490MQ2 2024: 494MQ3 2024: 498MQ4 2024: 496MQ1 2025: 506MQ2 2025: 515MQ3 2025: 529MQ4 2025: 531MQ1 2026: 605MQ2 2026: 630MQ3 2026: 652M
PeriodChange %Net change
Quarterly+3.6%+22.6M shares
1 year+23%+124M shares
3 years+35%+168M shares
5 years+46%+204M shares

RKLB has 652M diluted shares, up 23% from a year ago.

PL Net Leverage

PL's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.

RKLB Net Leverage

RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.

PL Weekly Momentum

MetricValueStatus
RSI36.9Neutral
Stochastic11.9Oversold

PL's weekly RSI is 37 (neutral) and its Stochastic is 12 (oversold).

RKLB Weekly Momentum

MetricValueStatus
RSI46.8Neutral
Stochastic27.6Neutral

RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).

PL PE vs Industrials Sector

PL has no meaningful PE right now: it lost money over the past year.

RKLB PE vs Industrials Sector

RKLB has no meaningful PE right now: it lost money over the past year.

PL Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$14.96.6% below
20 week MA$19.127% below
50 week MA$25.245% below
100 week MA$16.013% below
200 week MA$9.4248% above

PL has fallen below most of its moving averages, though it's still 48% above its 200-week average.

RKLB Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$61.44.3% above
20 week MA$68.15.9% below
50 week MA$77.617% below
100 week MA$56.513% above
200 week MA$31.4104% above

RKLB has the edge over PL on trend strength, trading above more of its moving averages.

PL Yearly ROI

YearStart priceEnd priceROI
2021$9.92$7.11-28%
2022$7.11$4.51-37%
2023$4.51$2.47-45%
2024$2.47$4.38+77%
2025$4.38$19.4+342%
2026 YTD$19.4$13.9-28%

PL's yearly returns have swung widely, from +342% in 2025 to −45% in 2023. It's down 28% so far in 2026.

RKLB Yearly ROI

YearStart priceEnd priceROI
2020$9.82$10.3+4.9%
2021$10.3$12.0+17%
2022$12.0$3.77-69%
2023$3.77$5.53+47%
2024$5.53$27.2+392%
2025$27.2$70.7+160%
2026 YTD$70.7$64.1-9.3%

RKLB has the edge over PL on returns for 2026, with the stronger performance.

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