Taking this into account, Goldman downgraded its Planet Labs PBC [PL] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. Cantor Fitzgerald began covering PL with “an Overweight” recommendation on January 24, 2025. Needham maintained its rating on September 06, 2024. It rated PL as “a Buy”.
Price Performance Review of PL
On Monday, Planet Labs PBC [NYSE:PL] saw its stock jump 5.06% to $3.74. Over the last five days, the stock has gained 7.78%. Planet Labs PBC shares have fallen nearly -7.43% since the year began. Nevertheless, the stocks have risen 82.44% over the past one year. While a 52-week high of $6.71 was reached on 02/10/25, a 52-week low of $1.73 was recorded on 04/07/25. SMA at 50 days reached $3.61, while 200 days put it at $3.42.
Levels Of Support And Resistance For PL Stock
The 24-hour chart illustrates a support level at 3.66, which if violated will result in even more drops to 3.58. On the upside, there is a resistance level at 3.85. A further resistance level may holdings at 3.96. The Relative Strength Index (RSI) on the 14-day chart is 57.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.95%. Stochastics %K at 87.95% indicates the stock is a selling.
