Palantir Stock: Buy, Sell Or Hold [Forbes]
Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: Forbes
SOPA Images/LightRocket via Getty Images Palantir Technologies stock (NASDAQ: PLTR) remains up by over 4x since the beginning of the year, trading at about $74 per share. However, we believe the stock is a high-risk trade at this juncture for a couple of reasons, including its high valuation (over 150x consensus FY'25 earnings), its heavy dependence on government sales, as well as considerable insider selling in the stock. Below, we take a look at what's been driving Palantir's stock higher of late, and why it might be prudent to be cautious with the stock at current levels. What's Been Driving The Rally? The first leg of the rally was fueled by the market frenzy surrounding artificial intelligence stocks as well as stronger-than-expected earnings in recent quarters. However, the rally gained momentum after the U.S. elections. In fact, the stock has surged close to 80% since election day. Investors are optimistic that a Donald Trump-led Republican administration will increase f
Show less
Read more
Impact Snapshot
Event Time:
PLTR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PLTR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PLTR alerts
High impacting Palantir Technologies Inc. Class A news events
Weekly update
A roundup of the hottest topics
PLTR
News
- Should Palantir (PLTR) Stock Be in Your Portfolio Going into 2025? [Yahoo! Finance]Yahoo! Finance
- S&P 500 Gains and Losses Today: Index Rebounds After Encouraging Inflation Data [Yahoo! Finance]Yahoo! Finance
- Palantir Technologies (PLTR) Upgraded to Buy: What Does It Mean for the Stock? [Yahoo! Finance]Yahoo! Finance
- OpenAI is done with Shipmas and staring down daunting challenges for 2025 [CNBC]CNBC
- Are AI companies just defense tech now? [TechCrunch]TechCrunch
PLTR
Earnings
- 11/4/24 - Beat
PLTR
Sec Filings
- 12/16/24 - Form 4
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- PLTR's page on the SEC website