We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Palantir Technologies Inc. (PLTR) Surpasses Market Returns: Some Facts Worth Knowing
Read MoreHide Full Article
In the latest close session, Palantir Technologies Inc. (PLTR - Free Report) 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.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 95, positioning it in the top 39% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Palantir Technologies Inc. (PLTR) Surpasses Market Returns: Some Facts Worth Knowing
In the latest close session, Palantir Technologies Inc. (PLTR - Free Report) 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.
The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 95, positioning it in the top 39% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.