Planet Labs Touted as Long-Term Russell 2000 Bet; Photronics, Arbor Realty Flagged

StockStory on May 29, 2026, pointed Planet Labs (NYSE: PL) as a Russell 2000 stock to hold for decades, while flagging valuation and operational risks at Photronics (NASDAQ: PLAB) and Arbor Realty Trust (NYSE: ABR). The advisory firm highlighted Planet Labs’s unique satellite-imaging scale, contrasting it with challenges at the photomask and real estate lending companies. Planet Labs, with an $18.32 billion market cap, runs the world’s largest fleet of Earth observation satellites, delivering daily imagery for agriculture, deforestation and climate monitoring. The stock traded at 2,069.6 times forward EV-to-EBITDA. Photronics, a photomask manufacturer valued at $2.01 billion, fetched 28.6 times forward P/E, cited as a valuation concern. Arbor Realty Trust, a multifamily and commercial real estate lender with a $1.08 billion market cap, traded at 0.5 times forward price-to-book, also deemed problematic.