Planet Labs PBC Stock Slides 21% Over 7 Straight Down Days
A persistent slide in this satellite data company’s stock prompts a closer look at its underlying financial health.
Planet Labs PBC (PL) stock has now moved lower for 7 consecutive trading days, a cumulative loss of 21.4%. That streak has erased about $2.4 Bil from the company’s market value, which now stands at about $9.0 Bil.
Planet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence geospatial data delivered to customers.
PL Versus The S&P 500, Streak And Beyond
Here is how PL stock stacks up against the S&P 500 over the streak and the periods around it:
| Return Period | PL | S&P 500 |
|---|---|---|
| 1D | -4.2% | 0.4% |
| 7D (Current Streak) | -21.4% | 1.0% |
| 1M (21D) | -16.4% | 2.6% |
| 3M (63D) | -23.9% | 11.0% |
| YTD 2026 | 32.1% | 10.7% |
| 2025 | 388.1% | 16.4% |
| 2024 | 63.6% | 23.3% |
| 2023 | -43.2% | 24.2% |
The market may be weighing weak profitability against strong growth.
While revenue over the last twelve months grew 34.1%, far outpacing the S&P 500 median of 7.5%, the company’s profitability metrics show strain. Its operating margin is -31.9%, compared to an S&P 500 median of 18.4%. Similarly, PL trades at a price-to-earnings multiple of -24.1, against a median of 24.6 for the index.
This move appears specific to the company, as the S&P 500 returned +1.0% over the same period. Such streaks are not entirely uncommon; currently, 48 S&P 500 stocks are on losing streaks of 3 days or more.
A streak is a signal to re-evaluate the fundamentals.
A multi-day price move is information about momentum and investor attention, not an instruction to act. It creates an opportunity for a disciplined review of the business relative to its price.
The data shows a company with high growth but significant losses. A streak simply brings this existing tension between the story and the numbers into sharper focus.
If the drop has you weighing an entry, resist buying a falling price alone. Our Buy the Dip screen ranks the marked-down names where growth and cash generation still support a recovery.
Those watching the group rather than this one name have another route: our ETF Scorecard shows how the aerospace & defense funds stack up. It is still a concentrated bet on that one theme, though, which is exactly the gap the portfolio below closes.
Falling Prices Test Conviction. Rules Do Not Flinch
A losing streak forces a choice on every holder: sell into weakness, average down, or freeze. All three are emotional answers to what should be an analytical question, and emotions priced at market open are expensive.
The Trefis High Quality (HQ) Portfolio takes the emotion out: about 30 quality businesses screened for the fundamentals that survive bad stretches, held and rebalanced by rules. It has a track record of outpacing a benchmark that combines all major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Let the rules do the flinching for you.