NEW YORK, NY – Shares of Palantir Technologies Inc. (PLTR) launched into the green with formidable strength this morning, as a massive wave of buying pressure at the Market Open sent the stock price soaring. The data analytics giant is trading at $132.77, a solid gain of +2.09 (+1.60%), demonstrating robust investor confidence and a bullish rejection of pre-market weakness.
The opening bell on the Nasdaq triggered a dramatic and immediate reversal for the stock price. After trading lower in the pre-market hours, PLTR shot up vertically, leaving the Previous Close of $130.68 far behind. This powerful move pushed the stock to a new session high, showcasing the immense demand from investors eager to own a piece of the AI and data software leader. The impressive rally was backed by significant Volume, with over 9 million shares traded shortly after the open, indicating a high-conviction move by the market.
Today’s action is a testament to the stock’s powerful momentum. The price is currently trading near the top of its Day’s Range of $131.04 – 21.23 – $148.21. The ability to attract such strong buying interest, even after substantial gains, highlights the market’s belief in Palantir’s long-term growth story.
While the current 1y Target Est from some analysts sits at 0.24, the company’s profitability continues to underpin its premium valuation.
In conclusion, the powerful surge at the market open for Palantir Technologies Inc. (PLTR) serves as a strong bullish signal. It reflects a market that is aggressively buying into the company’s vision, turning an initial dip into a significant rally and reaffirming the powerful momentum that has made PLTR a top performer.
Frequently Asked Questions (FAQ) about Palantir (PLTR) Stock
Here are answers to some common questions based on the provided market data.
1. What is the current stock price of Palantir (PLTR) in the image?
As of 9:40:48 AM EDT, the stock price for Palantir Technologies Inc. (PLTR) was $132.77.
2. Was the Palantir stock price up or down for the day?
The stock was up. It had gained $2.09, which is an increase of +1.60% from the previous closing price.
3. What did the PLTR stock do at the market open?
The stock experienced a significant surge right at the market open. The chart shows a sharp, vertical spike in price around 9:30 AM, indicating a wave of very strong buying pressure.
4. What is the day’s trading range for PLTR?
The Day’s Range was between 133.60 (the high) up to that point in the trading session.
5. What is the 52-week high and low for Palantir?
The 52 Week Range for Palantir is $21.23 – $148.21, which highlights its significant growth over the past year.
6. What was the trading volume, and what does it suggest?
The Volume was 9,020,857 shares. Such high volume so early in the trading day, coupled with a sharp price increase, suggests strong conviction and interest from investors.
7. Is Palantir profitable?
Yes. According to the data, Palantir has a positive EPS (TTM) (Earnings Per Share, Trailing Twelve Months) of $0.24, indicating the company has been profitable over the last year.
8. What is Palantir’s P/E Ratio?
The P/E Ratio (TTM) is 551.42. This is a high P/E ratio, which typically signifies that investors have high expectations for the company’s future earnings growth and are willing to pay a premium for the stock.
9. How does the analyst 1-year target estimate compare to the current price?
The 1y Target Est is $101.32, which is below the current trading price. This can happen with high-growth stocks where recent positive developments or strong market sentiment may have pushed the stock price ahead of some analysts’ published targets.
10. Does Palantir pay a dividend?
No. The Forward Dividend & Yield is listed as “—”, which means Palantir does not currently pay a dividend. The company is likely reinvesting its earnings back into the business to fuel further growth.
11. How volatile is PLTR stock?
The stock is highly volatile. Its Beta (5Y Monthly) is 2.64. A beta above 1 indicates a stock is more volatile than the overall market, and at 2.64, PLTR is significantly more volatile than the market average.
12. When is the next earnings report for Palantir?
The next Earnings Date is expected in the window of Aug 4, 2025 – Aug 8, 2025.
13. What was the previous day’s closing price for PLTR?
The Previous Close for the stock was $130.68.
