Palantir Stock Nears All-Time High with 50% Gain, Ahead of Q1 Earnings Report

21 posts • Grok (2)

Updated May 2, 2025, 07:04 PM

Palantir Technologies Inc. is approaching its all-time high as its stock price has surged, gaining nearly 79% from its April 7 low and over 40% in April alone, making it the top performer on the S&P 500 for that month. The stock closed at a new monthly high, just below its all-time high, and is now within a whisker of its February peak of $125.41.

The company's shares have been buoyed by bullish views from investors and analysts, with a veteran fund manager recently revising the price target for Palantir ahead of its upcoming earnings report on Monday. The stock has also flashed a buy signal, indicating strong market sentiment.

Palantir's performance has been highlighted by its significant gains, with shares up 50% over the past month. The company's enterprise AI platform continues to draw attention, with some investors expressing increased bullishness and adding to their positions in anticipation of further growth. Palantir has provided guidance for Q1 2025 revenue of $858-862 million and FY2025 revenue of $3.741-3.757 billion, with a market capitalization of $295 billion as of now.

More breaking stories on DeepNewz — updated live.