Planet Labs PBC
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: Bullish.
Positives: trading above the 200-day MA (long-term uptrend intact); 50-day MA is rising (+3.28% over 10 days); strong 1-year return of +470.5%; 3-month momentum positive (+26.6%); rising volume confirms the move (1.42x 30d avg). Concerns: below the 50-day MA (medium-term momentum negative). Currently 39.8% off its 52-week high. Score: +5/7.
PL is holding above its long-term 200-day MA ($23.42) but has slipped below the 50-day MA ($38.89), pointing to short-term weakness in an otherwise intact trend. An RSI of 33.2 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +470.5% compares to +22.9% for SPY (beat the market by 447.6%). The current 39.8% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.