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Why Palantir Technologies Inc. (PLTR) Outpaced the Stock Market Today
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Palantir Technologies Inc. (PLTR - Free Report) closed the most recent trading day at $150.91, moving +1.57% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.32%. Elsewhere, the Dow saw an upswing of 0.53%, while the tech-heavy Nasdaq appreciated by 0.26%.
Heading into today, shares of the company had gained 7.51% over the past month, outpacing the Computer and Technology sector's gain of 7.22% and the S&P 500's gain of 4.51%.
Market participants will be closely following the financial results of Palantir Technologies Inc. in its upcoming release. The company plans to announce its earnings on August 4, 2025. The company is forecasted to report an EPS of $0.14, showcasing a 55.56% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $938.34 million, indicating a 38.37% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.58 per share and revenue of $3.92 billion, indicating changes of +41.46% and +36.75%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Palantir Technologies Inc. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
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.
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. Over the past month, there's been a 1.2% fall in the Zacks Consensus EPS estimate. Palantir Technologies Inc. is currently a Zacks Rank #5 (Strong Sell).
Looking at valuation, Palantir Technologies Inc. is presently trading at a Forward P/E ratio of 254.85. Its industry sports an average Forward P/E of 28.08, so one might conclude that Palantir Technologies Inc. is trading at a premium comparatively.
It is also worth noting that PLTR currently has a PEG ratio of 7.95. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Internet - Software industry stood at 2.1 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 76, this industry ranks in the top 31% of all industries, numbering over 250.
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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Why Palantir Technologies Inc. (PLTR) Outpaced the Stock Market Today
Palantir Technologies Inc. (PLTR - Free Report) closed the most recent trading day at $150.91, moving +1.57% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.32%. Elsewhere, the Dow saw an upswing of 0.53%, while the tech-heavy Nasdaq appreciated by 0.26%.
Heading into today, shares of the company had gained 7.51% over the past month, outpacing the Computer and Technology sector's gain of 7.22% and the S&P 500's gain of 4.51%.
Market participants will be closely following the financial results of Palantir Technologies Inc. in its upcoming release. The company plans to announce its earnings on August 4, 2025. The company is forecasted to report an EPS of $0.14, showcasing a 55.56% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $938.34 million, indicating a 38.37% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.58 per share and revenue of $3.92 billion, indicating changes of +41.46% and +36.75%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Palantir Technologies Inc. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
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.
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. Over the past month, there's been a 1.2% fall in the Zacks Consensus EPS estimate. Palantir Technologies Inc. is currently a Zacks Rank #5 (Strong Sell).
Looking at valuation, Palantir Technologies Inc. is presently trading at a Forward P/E ratio of 254.85. Its industry sports an average Forward P/E of 28.08, so one might conclude that Palantir Technologies Inc. is trading at a premium comparatively.
It is also worth noting that PLTR currently has a PEG ratio of 7.95. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Internet - Software industry stood at 2.1 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 76, this industry ranks in the top 31% of all industries, numbering over 250.
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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.