
Palantir Technologies Inc. (NASDAQ: PLTR) is trading at a record high one week before the company’s earnings. The stock continues to be a favorite of retail investors, but the recent move in the stock is due to institutional buying.
Recent history shows that PLTR stock tends to fall after earnings, regardless of the company’s strong results. Some of that has to do with the stock’s performance. It’s up over 110% in 2025. Even the most optimistic analysts' forecasts give the stock a $160 price target, suggesting a healthy pullback would be in order.