Palantir Technologies Inc. (PLTR) closed at $170.97 in the latest trading session, marking a -3.44% move from the prior day. This change lagged the S&P 500's daily loss of 0.06%. Meanwhile, the Dow lost 0.17%, and the Nasdaq, a tech-heavy index, lost 0.06%.
Shares of the company witnessed a loss of 4.64% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 2.88%, and the S&P 500's gain of 1.99%.
The investment community will be paying close attention to the earnings performance of Palantir Technologies Inc. in its upcoming release. The company is slated to reveal its earnings on February 2, 2026. The company is forecasted to report an EPS of $0.23, showcasing a 64.29% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $1.35 billion, indicating a 62.75% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $0.74 per share and a revenue of $4.42 billion, demonstrating changes of +80.49% and 0%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Palantir Technologies Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Currently, Palantir Technologies Inc. is carrying a Zacks Rank of #3 (Hold).
Looking at valuation, Palantir Technologies Inc. is presently trading at a Forward P/E ratio of 170.26. This indicates a premium in contrast to its industry's Forward P/E of 23.54.
We can additionally observe that PLTR currently boasts a PEG ratio of 3.4. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 1.42 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 57, positioning it in the top 24% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Palantir Technologies Inc. (PLTR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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