Is PL Worth Buying in 2026?

Planet Labs PBC

STOCK RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT Updated 2026-08-23

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: RSI 54 — healthy momentum range; strong 1-year return of +244.0%. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-12.13% over 10 days); 3-month momentum negative (-49.7%). Currently 56.9% off its 52-week high. Score: -3/7.

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PL is trading below its 200-day MA ($26.59) — a key warning sign the longer-term trend is under pressure. An RSI of 54.5 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +244.0% compares to +20.5% for SPY (beat the market by 223.5%). The current 56.9% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $34,398 today
vs. S&P 500 (SPY) — same period beat market by 223.5%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($26.59)
Above 50-day MA ($25.36)
RSI(14) neutral zone (30–70) — currently 54.5
Positive return (+244.0%)
!Within 10% of period high (−56.9%)
Period Range $22.29
$6.26 $51.76
RSI (14) 54.5
0 · OversoldOverbought · 100

Key Metrics

Price$22.29
Period Return+244.0%
Period High$51.76
Period Low$6.26
Drawdown−56.9%
MA-50$25.36
MA-200$26.59
RSI (14)54.5
Avg Volume (30d)6.5M
vs. SPYbeat by 223.5%
Return Rank#41 of 999

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