Palantir Technologies (PLTR) is set to report its latest earnings after the market closes on Monday. Traders are bracing for a major move in the stock price, based on how the company’s options are priced.
According to market data, investors expect Palantir’s stock to swing more than 12% after the earnings announcement. If the stock goes up that much, it could hit a record high of around $139. But if it falls by the same percentage, it might drop to about $108.
Palantir was the best-performing stock in the S&P 500 last year, climbing 340%. It’s leading again in 2025, up more than 60% so far—even while the overall market is slightly down. 
The company is gaining momentum thanks to strong demand for its artificial intelligence (AI) tools and growing government contracts. In the fourth quarter, over 40% of Palantir’s revenue came from the U.S. government. While the Trump administration and Elon Musk are pushing for spending cuts, Palantir may still benefit from increased funding for military and immigration enforcement.
Strong Past Earnings = Big Stock Gains
Palantir’s last two earnings reports triggered big rallies, with the stock jumping more than 20% each time. Both times, the company highlighted strong growth—quarterly revenue was up more than 30%, driven by demand for its AI products.
Analysts expect that trend to continue. They project Palantir’s Q1 revenue will rise 36%, and adjusted earnings could increase over 60%. Still, with the stock already up significantly, most analysts are cautious—only one is currently recommending a buy at its current price.
Despite that, retail investors remain loyal. Palantir is the third most popular stock among everyday investors, behind only Nvidia and Tesla. A recent survey also showed that many individual investors bought the dip in Palantir stock last month, much like they did with Apple and Amazon.
