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$160.38+3.48%as of Nov 6, 2026
Prev close
$154.99
Day range
$157.24 – $163.97
Next earnings
in 86 days

PLTR fell -9.7% in a session while the S&P 500 rose +1.7% and the Nasdaq 100 rose +1.0%, so the move looks stock-specific rather than a broad-market effect. The company still has exceptional growth, but a PE 102.4 and forward PE 83.7 leave the share price sensitive to any disappointment or valuation reset.

PLTR

PALANTIR TECHNOLOGIES INC-A

As of Nov 5, 2026

42/100

Deserves your attentionHealth Score

Why it moved

The primary driver looks stock-specific: PLTR fell -9.7% even as the S&P 500 rose +1.7% and the Nasdaq 100 rose +1.0%. The intraday path also matters — it opened at $166.715, traded as high as $167.25, then slid to a close of $154.99, which reads like a steady selloff rather than a broad-market washout. The broader backdrop was constructive, with VIXY down -9.7%, so the move does not look explained by general risk aversion.

Normal volatility?

This is more than ordinary noise because the stock’s valuation is already demanding: PE 102.4, forward PE 83.7, and PEG 2.70, with beta 1.69. By contrast, the operating backdrop is still very strong, with revenue +87.1% YoY (TTM), latest quarter +95.9% YoY, EPS +233.7% YoY (TTM), gross margin +84.7%, operating margin +45.6%, and net margin +50.3%. That combination means the business is executing well, but the market is paying heavily for it, so even a routine reassessment can produce an outsized move. There is no sign in the facts of a consensus cut or fundamental deterioration to explain the drop.

Earnings preview

The next earnings date is not available this period, so I cannot place this into a dated preview window. The last reported quarter was strong: revenue grew +95.9% YoY, U.S. commercial sales rose past government revenue for the first time, and management said demand for its AI offerings is outpacing its ability to deliver. The market is likely focused on three concrete items: whether revenue growth stays near +95.9% YoY, whether the margin profile remains near gross +84.7%, operating +45.6%, and net +50.3%, and whether full-year guidance and U.S. commercial momentum remain intact after the prior beat.

This report is for informational and educational purposes only. It does not constitute financial, investment, tax, or legal advice. The platform does not recommend buying or selling any security.

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