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Palantir Technologies Inc. (PLTR) Registers a Bigger Fall Than the Market: Important Facts to Note
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Palantir Technologies Inc. (PLTR - Free Report) closed at $200.97 in the latest trading session, marking a -3.69% move from the prior day. The stock's change was less than the S&P 500's daily loss of 1.11%. At the same time, the Dow lost 0.09%, and the tech-heavy Nasdaq lost 1.88%.
The stock of company has risen by 20.93% in the past month, leading the Computer and Technology sector's gain of 3.49% and the S&P 500's gain of 2.06%.
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 November 2, 2026. The company's earnings per share (EPS) are projected to be $0.42, reflecting a 100% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $2.17 billion, reflecting a 83.95% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.64 per share and revenue of $8.23 billion. These totals would mark changes of +118.67% and +83.79%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Palantir Technologies Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.35% higher. As of now, Palantir Technologies Inc. holds a Zacks Rank of #3 (Hold).
With respect to valuation, Palantir Technologies Inc. is currently being traded at a Forward P/E ratio of 127.52. This indicates a premium in contrast to its industry's Forward P/E of 20.8.
Also, we should mention that PLTR has a PEG ratio of 2.3. 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. Internet - Software stocks are, on average, holding a PEG ratio of 1.19 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 79, this industry ranks in the top 33% 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Palantir Technologies Inc. (PLTR) Registers a Bigger Fall Than the Market: Important Facts to Note
Palantir Technologies Inc. (PLTR - Free Report) closed at $200.97 in the latest trading session, marking a -3.69% move from the prior day. The stock's change was less than the S&P 500's daily loss of 1.11%. At the same time, the Dow lost 0.09%, and the tech-heavy Nasdaq lost 1.88%.
The stock of company has risen by 20.93% in the past month, leading the Computer and Technology sector's gain of 3.49% and the S&P 500's gain of 2.06%.
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 November 2, 2026. The company's earnings per share (EPS) are projected to be $0.42, reflecting a 100% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $2.17 billion, reflecting a 83.95% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.64 per share and revenue of $8.23 billion. These totals would mark changes of +118.67% and +83.79%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Palantir Technologies Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.35% higher. As of now, Palantir Technologies Inc. holds a Zacks Rank of #3 (Hold).
With respect to valuation, Palantir Technologies Inc. is currently being traded at a Forward P/E ratio of 127.52. This indicates a premium in contrast to its industry's Forward P/E of 20.8.
Also, we should mention that PLTR has a PEG ratio of 2.3. 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. Internet - Software stocks are, on average, holding a PEG ratio of 1.19 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 79, this industry ranks in the top 33% 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.