Planet Labs PBC (PL) Options Positioning, Max Pain & Unusual Sweeps

Per the Roarable RQD rating, PL scores 32 out of 100, earning a letter grade of E and the verdict "Roarable Strong Sell — Forensic Risk / Avoid." The score is built from five pillars, each weighted out of 20. The fundamental cash engine scores 10/20, reflecting an ROIC of -18% and an FCF yield of 1.11%; for an investor, this means the business is not currently earning a return on invested capital, and the free-cash-flow yield offers little cushion against the price. Whale/13F flow scores 5/20 on institutional accumulation and options positioning, indicating weak institutional support in the source data. Insider conviction scores 8/20 based on SEC Form 4 and Congressional PTR cluster flow, signaling limited insider-led confidence. Macro regime fit scores 4/20 with a beta of 1.18 and sector sensitivity, meaning the stock amplifies broader market moves and carries sensitivity that the rating treats as unfavorable. The forensic balance sheet scores 5/20, drawing on an Altman Z-Score of 1.81, a Piotroski F-Score of 6/9, and a Debt/Equity ratio of 2.13. Taken together, these pillars suggest that upside drivers are thin in the source data, valuation tradeoffs are unfavorable given negative earnings and returns, and balance-sheet leverage limits flexibility. This is an educational summary of the rating's components, not personalized financial advice.

Planet Labs PBC (PL) is a NYSE-listed issuer in the Technology sector, classified under Radio And Television Broadcasting And Communications Equipment. Per the profile, the company carries a market capitalization of $5.2B. The source data does not describe its specific products, customer base, or revenue model beyond reported revenue figures in the SEC financials.

Per the SEC financials, revenue rose from $220.7M in FY 2023 to $307.7M in FY 2025, while operating losses narrowed from $-169.7M to $-95.1M over the same span. Per the market data, the gross margin is 56.1%, the operating margin is -30.9%, and the net margin is -60%, with ROIC at -18%. The Roarable RQD rating cites an Altman Z-Score of 1.81 and a Piotroski F-Score of 6/9. Per the same rating, the Debt/Equity ratio is 2.13; the FY 2025 debt figure of $430.8M is reported against cash of $229.4M.

Per the recent news feed, six items are tagged to PL. Two are flagged as RISK WATCH: a headline asking "Why Did Planet Labs Stock Fall?" (Trefis, RED) and a Yahoo Finance piece referencing Jim Cramer's view that the stock "Has Fallen Enough to Start Buying" (RED). The remaining four are MARKET WIRE items (YELLOW): a TradingView price-and-chart report, a Yahoo Finance item referencing the Pelican 12 launch and a valuation claim, a Barchart.com item on 20 satellites reaching orbit, and a StockInvest.us forecast. The feed summaries are generic and do not contain the underlying figures. Per the Butterfly Supply-Chain Graph, no supply-chain links or proprietary signals are present (supply chain: NONE).

Per the Butterfly Supply-Chain Graph, the supply chain is recorded as NONE, with no butterfly links and no proprietary signals. The source data therefore provides no upstream supplier or downstream customer dependencies, and no quantified sector correlations. An investor should note that the Technology/Radio And Television Broadcasting And Communications Equipment classification is the only sector context available; any second-order bottleneck analysis would require data not present here.

• What specific products and customers generate the reported revenue, and how do they map to the $307.7M FY 2025 figure?
• Why is the FY 2023 cash balance unreported, and how does FY 2025 cash of $229.4M compare with debt of $430.8M on a maturity basis?
• What drove the FY 2025 net loss of $-246.9M, which is substantially larger than the operating loss of $-95.1M?
• What is the trailing P/E and EV/EBITDA, given both are unavailable while forward P/E is 28?
• What institutional, insider, or Congressional positions exist, given the holders and analyst sections contain no data?