PL vs. QRVO, NXT, OLED, LITE, TSEM, ALGM, SITM, LPL, PI, and LUNR
Should you be buying Planet Labs PBC stock or one of its competitors? The main competitors of Planet Labs PBC include Qorvo (QRVO), Nextracker (NXT), Universal Display (OLED), Lumentum (LITE), Tower Semiconductor (TSEM), Allegro MicroSystems (ALGM), SiTime (SITM), LG Display (LPL), Impinj (PI), and Intuitive Machines (LUNR). These companies are all part of the "electronic equipment" industry.
Planet Labs PBC vs.
Planet Labs PBC (NYSE:PL) and Qorvo (NASDAQ:QRVO) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, risk, analyst recommendations, community ranking, dividends, valuation, earnings and profitability.
Qorvo has a net margin of 0.71% compared to Planet Labs PBC's net margin of -48.88%. Qorvo's return on equity of 12.41% beat Planet Labs PBC's return on equity.
41.7% of Planet Labs PBC shares are held by institutional investors. Comparatively, 88.6% of Qorvo shares are held by institutional investors. 18.6% of Planet Labs PBC shares are held by insiders. Comparatively, 0.5% of Qorvo shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Qorvo has higher revenue and earnings than Planet Labs PBC. Planet Labs PBC is trading at a lower price-to-earnings ratio than Qorvo, indicating that it is currently the more affordable of the two stocks.
Planet Labs PBC has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500. Comparatively, Qorvo has a beta of 1.41, meaning that its share price is 41% more volatile than the S&P 500.
Planet Labs PBC presently has a consensus target price of $6.27, indicating a potential upside of 26.28%. Qorvo has a consensus target price of $95.84, indicating a potential upside of 25.99%. Given Planet Labs PBC's stronger consensus rating and higher possible upside, analysts plainly believe Planet Labs PBC is more favorable than Qorvo.
In the previous week, Qorvo had 11 more articles in the media than Planet Labs PBC. MarketBeat recorded 15 mentions for Qorvo and 4 mentions for Planet Labs PBC. Qorvo's average media sentiment score of 1.20 beat Planet Labs PBC's score of 0.84 indicating that Qorvo is being referred to more favorably in the news media.
Qorvo received 793 more outperform votes than Planet Labs PBC when rated by MarketBeat users. Likewise, 65.04% of users gave Qorvo an outperform vote while only 57.38% of users gave Planet Labs PBC an outperform vote.
Summary
Qorvo beats Planet Labs PBC on 13 of the 18 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NYSE:PL) was last updated on 2/22/2025 by MarketBeat.com Staff
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