PL
Planet Labs PBC Industrials - Space Investor Relations →
Planet Labs PBC (PL) closed at $22.26 as of 2026-02-02, trading 323.4% above its 200-week moving average of $5.26. The stock is currently moving closer to the line, down from 382.7% last week. The 14-week RSI sits at 67, indicating neutral momentum.
Over the past 201 weeks of data, PL has crossed below its 200-week moving average 2 times. On average, these episodes lasted 80 weeks. The average one-year return after crossing below was -21.0%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $7.6 billion, PL is a mid-cap stock. The company generates a free cash flow yield of 0.2%. Return on equity stands at -31.8%. The stock trades at 20.0x book value.
Share count has increased 14.5% over three years, indicating dilution.
Over the past 3.9 years, a hypothetical investment of $100 in PL would have grown to $442, compared to $177 for the S&P 500. That represents an annualized return of 46.2% vs 15.6% for the index — confirming PL as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: PL vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After PL Crosses Below the Line?
Across 2 historical episodes, buying PL when it crossed below its 200-week moving average produced an average return of +181.5% after 12 months (median +382.0%), compared to +10.5% for the S&P 500 over the same periods. 50% of those episodes were profitable after one year. After 24 months, the average return was -64.0% vs +26.0% for the index.
Each line shows $100 invested at the moment PL crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
PL has crossed below its 200-week MA 2 times with an average 1-year return of +-21.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 2022 | Jan 2025 | 146 | 67.6% | -21.0% | +324.0% |
| Feb 2025 | Jun 2025 | 14 | 32.2% | N/A | +381.8% |
| Average | 80 | — | +-21.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02