Palantir Stock Sets Record High on Friday. Earnings Are Monday

Dow Jones02-03

Palantir Technologies stock closed at a record high Friday as part of a broader rally in tech stocks, days before the company is scheduled to report fourth-quarter earnings.

Palantir Technologies is scheduled to report its earnings on Monday. Above, the company’s headquarters in Palo Alto, Calif.

The stock climbed 4.9% to an intraday record of $85.22, closing with a gain of 1.6% to $82.49. The previous record closing price was $82.38.

The gains Friday came amid a tech rally triggered, in part, by better-than-expected quarterly earnings from Apple. The iPhone maker also guided for solid revenue growth.

Palantir is set to announce fourth-quarter and full-year earnings after stock markets close on Monday. Analysts surveyed by FactSet anticipate earnings of 11 cents a share and sales of $776 million for the quarter, and earnings of 38 cents a share on sales of $2.8 billion for the full year.

The company was a top performer in 2024, gaining more than 300%.

Wedbush analysts last week raised their price target on Palantir stock to $90 from $75 and maintained an Outperform rating on the shares. The analysts cited “unprecedented demand” for Palantir’s artificial-intelligence offerings, arguing that the company was poised to capitalize on trillions of AI spending over the next few years.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

11

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2508998312?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-03 07:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2508998312","market":"us","top_or_hot":-1,"title":"Palantir Stock Sets Record High on Friday. Earnings Are Monday","media":"Dow Jones","content":"<html><head></head><body><p style=\"text-align: start;\">Palantir Technologies stock closed at a record high Friday as part of a broader rally in tech stocks, days before the company is scheduled to report fourth-quarter earnings.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ab2033cc0e941ee0777132ebb262e5eb\" alt=\"Palantir Technologies is scheduled to report its earnings on Monday. Above, the company’s headquarters in Palo Alto, Calif.\" title=\"Palantir Technologies is scheduled to report its earnings on Monday. Above, the company’s headquarters in Palo Alto, Calif.\" tg-width=\"955\" tg-height=\"631\"/><span>Palantir Technologies is scheduled to report its earnings on Monday. Above, the company’s headquarters in Palo Alto, Calif.</span></p><p style=\"text-align: start;\">The stock climbed 4.9% to an intraday record of $85.22, closing with a gain of 1.6% to $82.49. The previous record closing price was $82.38.</p><p>The gains Friday came amid a tech rally triggered, in part, by better-than-expected quarterly earnings from Apple. The iPhone maker also guided for solid revenue growth.</p><p>Palantir is set to announce fourth-quarter and full-year earnings after stock markets close on Monday. Analysts surveyed by FactSet anticipate earnings of 11 cents a share and sales of $776 million for the quarter, and earnings of 38 cents a share on sales of $2.8 billion for the full year.</p><p>The company was a top performer in 2024, gaining more than 300%.</p><p>Wedbush analysts last week raised their price target on Palantir stock to $90 from $75 and maintained an Outperform rating on the shares. The analysts cited “unprecedented demand” for Palantir’s artificial-intelligence offerings, arguing that the company was poised to capitalize on trillions of AI spending over the next few years.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir Stock Sets Record High on Friday. Earnings Are Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Stock Sets Record High on Friday. Earnings Are Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-03 07:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies stock closed at a record high Friday as part of a broader rally in tech stocks, days before the company is scheduled to report fourth-quarter earnings.Palantir Technologies is ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2508998312","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508998312","pubTimestamp":1738540200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Palantir Technologies stock closed at a record high Friday as part of a broader rally in tech stocks, days before the company is scheduled to report fourth-quarter earnings.Palantir Technologies is sc","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Palantir股价周五创下历史新高。周一公布收益","themeId":"58abe18cd231cc28599f1db519be7039","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLTR":1},"content_text":"Palantir Technologies stock closed at a record high Friday as part of a broader rally in tech stocks, days before the company is scheduled to report fourth-quarter earnings.Palantir Technologies is scheduled to report its earnings on Monday. Above, the company’s headquarters in Palo Alto, Calif.The stock climbed 4.9% to an intraday record of $85.22, closing with a gain of 1.6% to $82.49. The previous record closing price was $82.38.The gains Friday came amid a tech rally triggered, in part, by better-than-expected quarterly earnings from Apple. The iPhone maker also guided for solid revenue growth.Palantir is set to announce fourth-quarter and full-year earnings after stock markets close on Monday. Analysts surveyed by FactSet anticipate earnings of 11 cents a share and sales of $776 million for the quarter, and earnings of 38 cents a share on sales of $2.8 billion for the full year.The company was a top performer in 2024, gaining more than 300%.Wedbush analysts last week raised their price target on Palantir stock to $90 from $75 and maintained an Outperform rating on the shares. The analysts cited “unprecedented demand” for Palantir’s artificial-intelligence offerings, arguing that the company was poised to capitalize on trillions of AI spending over the next few years.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":11,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2508998312"}