Planet Labs PBC

PL is in a Stage 4 decline within an uptrend context, with active lower highs & lower lows confirming a bearish medium-term posture. Price currently tests 200 DMA support in an extreme oversold state, making immediate selling suboptimal. Execution favors trimming on rallies into the 9 EMA/21 EMA resistance zone to align with downward momentum while avoiding support-based rebounds.

• ↑Record Q1 revenue of $94 M, +42% YoY
• ↑Backlog at $906 M (+72% YoY) ensures revenue visibility
• ↓Negative free cash flow of $2.5 M in Q1 2027