Companies

Palantir Technologies Inc - Class A

NYSE: PLTR
$199.72
▲ $7.12 (+3.70%) today
Markets open · 1:01pm ET

24/7 Wall St. View

PLTR at a Glance

Price
24/7 target
$209.92
Street target
$206.43
Earnings
Next report
Nov 2, 2026
Q2 2026 EPS
$0.41
vs. $0.35 est.
+18.5%

NYSE: PLTR

About Palantir

Palantir Technologies builds and deploys software platforms that serve as the operational backbone for data-driven decision-making across government and commercial enterprises. The company's core platforms — including Gotham (government-focused), Foundry (commercial-focused), and its Artificial Intelligence Platform (AIP) — integrate, manage, and analyze vast datasets to enable organizations to operationalize artificial intelligence and make real-time decisions. Palantir serves U.S. government agencies (defense, intelligence, and civilian), international government customers, and a rapidly expanding base of U.S. commercial enterprises across industries. The company has positioned itself at the center of the AI sovereignty movement, emphasizing that its software allows customers to deploy AI capabilities while retaining full control over their proprietary data and operations. Palantir generates revenue through software licensing and associated professional services, with an increasingly platform-driven, scalable business model. The company trades on NASDAQ under the ticker PLTR. Updated

Latest Activity

An exclusion would force mechanical selling from a $9 billion index and shut Palantir out of Shariah-compliant mandates well beyond this one fund.

BREAKING: HSBC is reviewing whether to exclude $PLTR from its $9 billion Islamic Global Equity Index fund after some of the UK's biggest pension funds raised concerns 🇬🇧
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the AI-software trade · 3y
$10K invested in each — worth today:
PLTR$113.8K11.4×
AI$4.5K0.5×

Same $10,000, same AI-software thesis, three years apart: Palantir turned it into $113,804 while C3.ai left $4,471. Inside the same trade, the name you picked decided the outcome.

PLTRPalantir
After-hours
$185.29
-8.27%open $202.00

An 8.27% slide to $185.29 takes roughly $35 billion off one of the market's most crowded AI names in a single session. Moves this size are where Palantir's premium multiple gets tested, so keep an eye on whether the $202 open gets reclaimed.

PLTRPalantir
Regular session
$188.41
-6.73%open $202.00

A 6.73% intraday slide to $188.42 takes roughly $30 billion off a $433 billion market cap in a single session. Moves this size in one of the market's most crowded AI names rarely stay quiet, so keep an eye on where it settles into the close.

Ondas owns Regna outright while Palantir supplies the platform underneath it, so the drone maker captures the equity upside of the sovereign AI push and Palantir books another infrastructure customer.

$ONDS and $PLTR announced Regna AI, a new company developing specialized AI models for governments and businesses that want to retain control over their models and data. Initially wholly owned by Ondas, Regna will use Palantir’s AI platform and model-training infrastructure. https://t.co/5gk7ClYMGO
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PLTRPalantir
New 52-week high$209.05+0.9% vs prior high · 2025-11-03

Palantir closed at $209.05, a new 52-week high and 0.9% above the November 3 peak that had capped it for 11 months. The $481 billion name has nearly doubled off its mid-$115 low earlier this year.

Biggest movers · On the open
  • PLTRPalantir$202.22+4.2%
  • BPBP$46.25+3.9%
  • EQNREquinor$43.09+3.6%
  • EENI$55.81+3.4%
  • TTETotalEnergies$87.1+3.4%
  • ARGXargenx$827.17-10.9%
  • CIFRCipher Mining$13.9-4.5%
  • ARMArm$281.35-4.4%
  • AAOIApplied Optoelectronics$117.25-4.3%
  • IRENIren$37.19-3.9%

argenx is down 10.91% at the open, more than double any other decliner in a 382-stock universe. Palantir leads the gainers at 4.17%, with Big Oil names filling out the rest.

Mad Money w/ Jim Cramer 10/1/26

  • Cramer still buys Palantir at $190 after the stock gained 60% in Q3 and stalled short of his $250 target
  • Salesforce, up 46.5%, called the better SaaS-apocalypse rebound than Veeva at 30 times earnings
  • Caterpillar's 24% Q3 profit taking framed as a buying chance on data center engine demand
  • IBM, down 22% on its miss, gets the wait-a-quarter rule; Home Depot stays hostage to rates

Cramer wants to add software as the bounce-back trade and the beaten-down industrial names tied to data center power. He also warns that rising rates are the real threat heading into earnings season in a couple of weeks.

Biggest movers · At the close
  • PANWPalo Alto Networks$392.81+4.9%
  • ASANAsana$9.47+4.2%
  • IONQIonQ$42.43+4.1%
  • DOCUDocuSign$69.29+3.8%
  • PLTRPalantir$191.7+3.6%
  • EXPEExpedia$259.02-7.7%
  • ABNBAirbnb$149.57-7.6%
  • LMNDLemonade$44.57-6.5%
  • HIMSHims & Hers$28.48-6.4%
  • OPENOpendoor Technologies$2.6-6.0%

Travel took the worst of Wednesday's close, with Expedia down 7.72% and Airbnb close behind at 7.56%. Software ran the other way: Palo Alto Networks led all gainers at 4.87%, with Palantir back near $192.

PLTR Coverage

12:45pm ET
Investing

Simply Put, Palantir Remains a Valuation Trap

Palantir's revenue is exploding and its AI pitch has Wall Street buzzing, yet the analysts who cover it most closely see almost no room left to run. Here is what happens when…

Alex Sirois

Frequently Asked Questions

What does Palantir do?

Palantir Technologies builds and deploys software platforms that serve as the operational backbone for data-driven decision-making across government and commercial enterprises.

What is the PLTR stock price target?

24/7 Wall St.'s 12-month price target for PLTR is $209.92, rated Buy. The Wall Street consensus target is $206.43. PLTR price prediction →