In the latest trading session, Palantir Technologies Inc. (PLTR) closed at $169.60, marking a +2.23% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.03%. At the same time, the Dow lost 0.58%, and the tech-heavy Nasdaq gained 0.28%.
Prior to today's trading, shares of the company had lost 14.56% lagged the Computer and Technology sector's gain of 0.43% and the S&P 500's gain of 0.6%.
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. It is anticipated that the company will report an EPS of $0.23, marking a 64.29% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.35 billion, showing a 62.75% escalation compared to the year-ago quarter.
PLTR's full-year Zacks Consensus Estimates are calling for earnings of $0.74 per share and revenue of $4.42 billion. These results would represent year-over-year changes of +80.49% and 0%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Palantir Technologies Inc. These recent revisions tend to reflect the evolving nature of short-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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, Palantir Technologies Inc. is carrying a Zacks Rank of #3 (Hold).
In the context of valuation, Palantir Technologies Inc. is at present trading with a Forward P/E ratio of 159.52. This expresses a premium compared to the average Forward P/E of 23.85 of its industry.
Meanwhile, PLTR's PEG ratio is currently 3.19. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. PLTR's industry had an average PEG ratio of 1.4 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 69, finds itself in the top 29% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding 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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