Palantir Technologies Inc. (PLTR), headquartered in Aventura, Florida, builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States and internationally. The company has a market capitalization of $306.3 billion and is expected to release its first-quarter 2026 earnings soon.
Ahead of the event, analysts expect the company’s EPS to be $0.22 on a diluted basis, up 450% from $0.04 in the prior-year quarter. The company has surpassed Wall Street’s EPS estimates in three of its last four quarters, although it missed them on one occasion.
For FY 2026, analysts project the company’s EPS to be $1.02, up 61.9% from $0.63 in FY 2025. Additionally, its EPS is expected to rise approximately 49% year-over-year (YoY) to $1.52 in FY 2027.
PLTR stock has risen 46.8% over the past 52 weeks, outperforming the S&P 500 Index ($SPX)’s 26.7% gain and the State Street Technology Select Sector SPDR ETF’s (XLK) 42.9% return over the same time period.
On April 10, PLTR stock fell more than 2% following Anthropic’s launch of its new artificial intelligence model Claude Managed Agents and Meta Platforms. Fear of AI disruption to workflow has been circling the tech scene for a while now. With massive layoffs since last year, the AI ​​bubble continues to grow, with large investments behind it. However, investors have a different opinion on the growing AI scene, as more companies start employing these AI agents, resulting in a loss of investor confidence.
Analysts are moderately bullish on PLTR, with the stock having an overall rating of “Moderate Buy.” Among the 26 analysts covering the stock, 15 recommend a “strong buy”, nine recommend a “hold”, one recommends a “moderate sell” and one suggests a “strong sell” for the stock. The average analyst price target for PLTR is $198.30, indicating an upside of 50.9% from current levels.
On the date of publication, Aritra Gangopadhyay had no positions (either directly or indirectly) in any of the securities mentioned in this article. All information and data in this article are for informational purposes only. This article was originally published on Barchart.com