By Aaron McDade

Palantir shares are down nearly 30% from their last record high set in Nov. 2025. Laurent Hou / Hans Lucas / AFP / Getty Images

Palantir Technologies is slated to post fourth-quarter results after Monday's closing bell, with traders expecting another big swing following the report.

Based on current options pricing, Palantir (PLTR) stock is expected to move at least 9% by the end of next week. At the high end, that would put the stock around $158 based on Friday's close near $147. At the low end, the shares could fall to around $133, which would put them in the red this year; the stock hasn't finished a session in the $130s since July.

Software stocks such as Palantir have had a rough start to the year. AI investors have shifted more attention to hardware makers and chip stocks; Palantir is nearly 30% off the record highs set in the run-up to last quarter's report in early November.

Palantir is expected to report record fourth-quarter revenue of $1.34 billion, along with adjusted earnings per share of $0.23. Both numbers would be up more than 60% year-over-year, per Visible Alpha estimates.

The company topped estimates in its previous quarterly report in November, but shares tumbled in the days that followed amid concerns that the stock's 2025 rally left the government contractor overvalued. Shares surged some 135% in 2025, but have moved lower to start this year amid concerns that AI enthusiasm has inflated Palantir and other firms' valuations.

Analysts are somewhat divided on Palantir stock, with the nine analysts with current ratings tracked by Visible Alpha roughly split between four "buy" and five "hold" ratings.

The average price target of those ratings, however, is around $189, as analysts see Palantir stock with some room to run some 30% higher—and past the record highs it set in November.

Source: Investopedia