In the latest close session, Palantir Technologies Inc. (PLTR) was up +2.51% at $135.69. The stock’s change was more than the S&P 500’s daily gain of 1.18%. Elsewhere, the Dow gained 0.66%, while the tech-heavy Nasdaq added 1.96%.
Coming into today, shares of the company had lost 13.33% in the past month. In that same time, the Computer and Technology sector gained 5.37%, while the S&P 500 gained 3.93%.
Investors will be eagerly watching for the performance of Palantir Technologies Inc. in its upcoming earnings disclosure. The company’s earnings report is set to be unveiled on May 4, 2026. The company is forecasted to report an EPS of $0.29, showcasing a 123.08% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $1.54 billion, showing a 73.72% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $1.31 per share and a revenue of $7.22 billion, demonstrating changes of +74.67% and +61.25%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Palantir Technologies Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there’s been no change in the Zacks Consensus EPS estimate. Palantir Technologies Inc. is currently sporting 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 100.98. This signifies a premium in comparison to the average Forward P/E of 18.17 for its industry.
Also, we should mention that PLTR has a PEG ratio of 2.04. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company’s expected earnings growth trajectory. The Internet – Software industry currently had an average PEG ratio of 1.01 as of yesterday’s close.
