Decline in PL’s short interest indicates Bullish sentiment

Jaxson Clark

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Planet Labs PBC shares valued at $1,265,333 were sold by Schingler Robert H on Oct 13 ’25. At $15.50 per share, Schingler Robert H sold 81,656 shares. The insider’s holdings dropped to 1,288,843 shares worth approximately $22.54 million following the completion of this transaction.

Also, Marshall William Spencer sold 200,000 shares, netting a total of over 3,099,320 in proceeds. Following the sale of shares at $15.50 each, the insider now holds 3,156,387 shares.

Before that, WILLIAM MARSHALL had added 200,000 shares to its account. In a trade valued at $2,940,000, the Director bought Planet Labs PBC shares for $14.70 each.

As published in their initiating research note from Citigroup on December 12, 2025, Planet Labs PBC [PL] has been a Buy and the price target has been revised to $19. Analysts at Citizens JMP downgraded the stock from ‘”a Mkt outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in late October. As of October 20, 2025, Needham has reiterated its “Buy” rating for PL.

Analyzing PL Stock Performance

On last trading session, Planet Labs PBC [NYSE: PL] rose 6.19% to $17.49. The stock’s lowest price that day was $17.04, but it reached a high of $17.95 in the same session. During the last five days, there has been a surge of approximately 0.11%. Over the course of the year, Planet Labs PBC shares have jumped approximately 303.93%. Shares of the company reached a 52-week high of $19.69 on 12/15/25 and a 52-week low of $2.79 on 04/07/25.

Support And Resistance Levels for Planet Labs PBC (PL)

According to the 24-hour chart, there is a support level at 17.04, which, if violated, would cause prices to drop to 16.58. In the upper region, resistance lies at 17.95. The next price resistance is at 18.40. RSI (Relative Strength Index) is 69.53 on the 14-day chart, showing neutral technical sentiment.

Is Planet Labs PBC subject to short interest?

Stocks of Planet Labs PBC saw a sharp steep in short interest on 2025-11-28 dropping by -1.0 million shares to 29.89 million. Data from Yahoo Finance shows that the short interest on 2025-10-31 was 30.89 million shares. A decline of -3.35% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.92 of the overall float, the days-to-cover ratio (short ratio) decline to 3.92.

Which companies own the most shares of Planet Labs PBC (PL)?

In terms of Planet Labs PBC share price expectations, FactSet research, analysts set an average price target of 18.5 in the next 12 months, up nearly 12.33% from the previous closing price of $16.47. Analysts anticipate Planet Labs PBC stock to reach 22 by 2025, with the lowest price target being 4.6. In spite of this, 7 analysts ranked Planet Labs PBC stock as Buy at the end of 2025. On April 11, 2025, Goldman assigned a price target of “a Neutral” to the stock and downgraded coverage with a $3.50.

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