There’s plenty for bulls and bears to hash out over Palantir Technologies (PLTR), a maker of data analytics software, amid the company’s premium valuation. Third quarter earnings for Palantir stock are due today. Here’s what could move PLTR stock.
Palantir stock hit a record high of 204.18 on Oct. 31. As of the market open on Nov. 3, Palantir stock has gained 165% in 2025.
Analysts expect Palantir to report Q3 adjusted profit of 17 cents per share, up 68% from a year earlier. Analysts model revenue growth of 50% to $1.092 billion. Over the last four quarters, sales accelerated 30%, 36%, 39% and 48%. Also, analysts model over 46% government revenue growth to $469 million, with U.S. commercial revenue growth of over 90% to $347 million.
Analysts will look for management commentary on Europe, where business trends seem to be improving, as well as a possible stock split.
At Citi, analyst Tyler Radke in a report said he expects a strong Q3 but was cautious on guidance.
“Our intra-Q checks from partners and customers were positive, including checks from Oracle (ORCL) and Snowflake (SNOW) conferences, where partners reported uptick in collaborative deals,” Radke said. “(While) our Federal Government Contracts Tracker contact noted a return to year-over-year growth of 20%.”
He added: “We expect a slight downshift following historic beat and raise seen last quarter. We anticipate the fiscal year guidance raise will be a more modest 2 to 3 points, within historical averages and potentially missing the heightened expectations set by last quarter’s historic raise of 7 points.”
Investors could consider an options strategy for the Palantir earnings report.
Palantir Stock: Outspoken CEO
Here’s what investors need to know about the data analytics software maker and its chief executive, Alex Karp.
Palantir’s roots are in predictive-based artificial intelligence, mainly using pattern recognition tools. It’s now upgrading products to generative AI, which relies on advanced reasoning models and provides novel outputs based on conversational user prompts.
Since its founding, Palantir has provided data analytics tools to government customers for intelligence gathering, surveillance, counterterrorism and military purposes. Now Palantir aims to use generative AI to spur growth in the U.S. commercial market, such as health care and financial services.
Generally, Palantir stock has gained amid views that the company seems poised to win more U.S. government business during the Trump administration.
Palantir recently hosted its eighth artificial conference for customers. Further, Palantir initially rolled out its “Artificial Intelligence Platform” in early 2023. AIPCon is the company’s flagship marketing event showcasing real-world AI use cases.
Here’s a look at Palantir’s go-to-market strategy in artificial intelligence. Further, Palantir is among AI stocks to watch.
The IBD Methodology: How To Invest In Stocks While Managing Risks
Several members of the Trump administration have ties to Palantir, a company co-founded by longtime venture capitalist Peter Thiel. They include David Sacks, tapped as White House artificial intelligence and crypto czar.
Meanwhile, Palantir seems well-positioned for the Trump administration’s plans for a “Golden Dome” air and missile defense shield that can protect the U.S. from long-range strikes. But it faces Golden Dome competition from Lockheed Martin (LMT).
Palantir Stock Technical Ratings
Further, Palantir stock advanced 340% in 2024, with much of the gain coming after Donald Trump’s Presidential election win.
PLTR stock holds an Accumulation/Distribution Rating of C-plus. The rating analyzes price and volume changes in a stock over the past 13 weeks of trading. A+ signifies heavy institutional buying; E means heavy selling. Think of a C grade as neutral.
Also, Palantir stock holds a stellar Composite Rating of 99 out of a best-possible 99, according to IBD Stock Check-up. IBD’s Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.
Meanwhile, PLTR stock has a 21-day ATR of 4.48. The average true range is a metric available on IBD’s MarketSurge that gauges the characteristic breadth of a stock’s behavior. Stocks that tend to make large jumps or dives in daily action, the kind that can trigger sell rules and shake investors out of a stock, have a high ATR. Stocks that tend to make more incremental moves have lower ATRs.
IBD suggests stocks with ATRs of up to 8%.
Follow Reinhardt Krause on X, formerly Twitter, @reinhardtk_tech for updates on artificial intelligence, cybersecurity, quantum computing and cloud computing.
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