PL

In the past six months, Planet Labs PBC (PL) stock experienced a significant decline, falling approximately 51.64% over the last six months and 24.68% over the past month as of late September 2026. The stock dropped about 40% from late June and approximately 23% in the 30 days leading up to September 21, 2026. This occurred despite the company reporting strong fiscal second-quarter 2027 results on September 3, 2026, which beat revenue and adjusted EPS estimates with revenue of $116.05 million (up 58% year over year) and adjusted EPS of $0.02. However, softer third-quarter guidance and increased capital spending negatively impacted investor sentiment, leading to an initial 8% drop after the earnings report and continued decline. Insider selling activity, including co-founder Robert H. Schingler disposing of approximately 106,000 shares in mid-September 2026, also took place. The stock's 52-week high was $51.76 on May 27, 2026, and its 52-week low was $10.52 on November 21, 2025.