Palantir Technologies (PLTR) is scheduled to report quarterly earnings after the closing bell today, with traders anticipating the best-performing S&P 500 stock of 2025 could make another big move.
Current options pricing suggests traders expect the AI software stock could move nearly 11% by Friday’s close from its recent level around $160. A move of that scale either would lift shares to a record high above $177, or drop them to about $142.
Palantir’s stock has registered an average post-earnings move of more than 17% over the past four quarters, rising in three of those instances. May was the exception, when shares slumped 12% the day after earnings as investors may have viewed the company’s latest results as not living up to prior blowout earnings performances in February and last November.
Heading into earnings, analysts are split on the AI darling. Just two brokers covering Palantir and tracked by Visible Alpha have “buy” ratings for the stock, compared with seven “hold” ratings, and three recommending a “sell.” Their average price target just above $107 is roughly a third lower than Palantir’s recent levels.
Shares of Palantir have more than doubled in price this year, as the company’s AI software has become a mainstay, particularly within U.S. government agencies.