Is PL Worth Buying in 2026?

Planet Labs PBC

STOCK RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT Updated 2026-08-16

Here’s whether Planet Labs PBC (PL) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.

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Bearish

Positives: strong 1-year return of +262.0%. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-15.05% over 10 days); 3-month momentum negative (-40.7%). Currently 52.3% off its 52-week high. Score: -4/7.

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PL is trading below its 200-day MA ($26.34) — a key warning sign the longer-term trend is under pressure. An RSI of 69.4 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +262.0% compares to +20.4% for SPY (beat the market by 241.7%). The current 52.3% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $36,202 today
vs. S&P 500 (SPY) — same period beat market by 241.7%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($26.34)
Above 50-day MA ($26.47)
RSI(14) neutral zone (30–70) — currently 69.4
Positive return (+262.0%)
!Within 10% of period high (−52.3%)
Period Range $24.69
$6.10 $51.76
RSI (14) 69.4
0 · OversoldOverbought · 100

Key Metrics

Price$24.69
Period Return+262.0%
Period High$51.76
Period Low$6.10
Drawdown−52.3%
MA-50$26.47
MA-200$26.34
RSI (14)69.4
Avg Volume (30d)7.1M
vs. SPYbeat by 241.7%
Return Rank#51 of 1252

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