Palantir Technologies (PLTR) is under scrutiny as analysts speculate about a potential stock split ahead of its third-quarter earnings. The company has seen a significant stock increase of 151% through 2025, recently peaking at an all-time high of 192.83 before slightly retreating.
Stock Performance
Palantir shares closed at 188.40, just above the 188.20 buy point. Investor interest has been piqued as retail investors discuss the possibility of a stock split, despite a recent decline in enthusiasm around this topic.
Earnings Report Preview
The earnings report is set for November 3. Analysts predict revenue growth surpassing 50%, aiming for $1.092 billion. The company has reported accelerating sales in the previous four quarters, with growth rates of 30%, 36%, 39%, and 48%.
- Q1: 30% growth
- Q2: 36% growth
- Q3: 39% growth
- Q4: 48% growth
Analyst Insights
RBC Capital’s Rishi Jaluria expressed concerns about Palantir’s reluctance to return capital to shareholders. The company currently holds $6 billion in cash, which has raised frustrations among investors. Jaluria maintains an underperform rating for Palantir.
Market Comparisons
In 2024, various tech companies have executed stock splits, including Nvidia’s notable 10-for-1 split in June. This trend has increased discussions regarding Palantir’s stock strategy.
Meanwhile, Citi’s analyst Tyler Radke indicated that the upcoming earnings may be strong but cautioned about future guidance. Positive feedback has emerged from discussions with partners from companies like Oracle and Snowflake.
Technical Ratings
Palantir’s stock has been achieving high ratings among investors. Its Relative Strength Rating stands at 97, while its Composite Rating has reached the maximum of 99. These ratings reflect strong price and volume performance over recent weeks.
- Relative Strength Rating: 97 out of 99
- Accumulation/Distribution Rating: C (neutral)
- Composite Rating: 99 out of 99
As Palantir prepares for its earnings report, investors will be closely watching both the financial results and any indicators regarding a possible stock split.
