PLTR
Palantir Technologies Inc. Information Technology Services-Prepackaged Software S&P 500Nasdaq-100Russell 3000
$184.11Close
$440.2BMarket cap
$107.27 – $209.0552-week range
Nov 2, 2026Next report · after the close
Highlights
Strengths
- Leading the market RS 84 · stronger than 84% of stocks over 12 months
- Earnings growing EPS +224% year on year
Cautions
- Trend not confirmed 7 of 8 conditions · under the 50-day
- Results soon Nov 2, 2026, in 1 day
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
12%
1wk
down 6.4%
price change
1mo
down 1.6%
price change
12-month return
down 5%
market up 11% ·
its own down 18%
F-score
8 / 9
Exceptional
Altman Z″
10.55
Low risk
P/E
270.9×
price / earnings
PEG
1.15
P/E / EPS growth
P/B
59.6×
price / book
Earnings yield
up 0.3%
EBIT / enterprise value
Cheaper than
18%
of the market · expensive
Revenue growth
up 56%
year on year
EPS growth
up 224%
latest quarter · -80 pts
Sales growth
up 93%
latest quarter · +8 pts
ROE
up 26%
return on equity
Free cash margin
up 47%
$2.1B FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
-1.0×
net cash
Interest cover
—EBIT / interest
Piotroski tests
- issued more shares
- profitable on its assets
- generating cash from operations
- profitability improving
- profits backed by cash
- reduced long-term debt
- short-term liquidity improved
- gross margin widened
- assets working harder
Repair signals
- Gross margin 80.2% → 82.4%
Trade setup
ATR%
4.5%
$8.28 a day · 2×ATR $167.55
RS
84 / 99
vs the universe
Trend
7 / 8
under the 50-day
Relative volume
1.1×
vs 50-day average
Up/down volume
1.19
50 sessions
Implied move
13.3%
by Nov 6, 2026 · report Nov 2, 2026
Trend template · 7 of 8
- Price above the 50-day average: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Shareholders diluted The share count rose 2.2% over the year, from 2.3bn to 2.4bn shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported
Aug 3, 2026
Results reaction
Aug 3, 2026+29% vs market2 sessions after results
Options
$319.5M72.1% IV · activity
Financials
- Gross 82%
- Net 36%
- Free cash 47%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.5B | $1.9B | $2.2B | $2.9B | $4.5B |
| Gross margin | 68% | 78% | 79% | 81% | 80% | 82% |
| Operating income | -$1.2B | -$411.0M | -$161.2M | $120.0M | $310.4M | $1.4B |
| Net income | -$1.2B | -$520.4M | -$373.7M | $209.8M | $462.2M | $1.6B |
| Net margin | -107% | -34% | -20% | 9% | 16% | 36% |
| Earnings per share | -$1.19 | -$0.27 | -$0.18 | $0.09 | $0.19 | $0.63 |
| Free cash flow | -$308.8M | $321.2M | $183.7M | $697.1M | $1.1B | $2.1B |
| Free cash margin | -28% | 21% | 10% | 31% | 40% | 47% |
| Cash | $2.0B | $2.3B | $2.6B | $831.0M | $2.1B | $1.4B |
| Long-term debt | $198.0M | $0 | — | — | — | — |
| Shareholders' equity | $1.5B | $2.3B | $2.6B | $3.5B | $5.0B | $7.4B |
| Shares outstanding | 1.79bn | 2.03bn | 2.10bn | 2.20bn | 2.34bn | 2.39bn |
Next report
Nov 2, 2026 · after the close
Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology
±13.3%
$160 – $209 by Nov 6, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology
±6.7%
last 4: +32.2% · -5.7% · +7.7% · -4.9%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology
Bigger than usual
2.0× the usual move
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $155 – $214 ±16.1% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Bigger 72.1% priced · 51.0% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs more
Positioning
- Premium traded
- $319.5M calls $191.6M · puts $127.8M · latest session
- 0.67× +0.31 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls -145.01k · puts -144.71k past week
For options traders: ATM IV 72.1% (+6.8% 1w) · 1m ÷ 3m IV 1.33 · 25Δ skew 7.3 pts · Net GEX $37.8M
Most traded contracts 20
| Contract | Next day: opened, closed or mixed A large option trade on its own is ambiguous: it may have opened a position, closed one, or been one leg of a spread. Open interest is published overnight, so the next morning settles it. Opened: open interest rose by a good share of the volume traded, so positions were added. Closed: it fell, so positions were taken off. Mixed: it barely moved, as when one side opens while the other closes. A dash: the next morning's count is not in yet. None of the three says whether the contracts were bought or sold. Methodology | Volume against open interest The day's contracts traded, divided by the positions already standing. Above 1 the day's trading exceeded every position in existence, which cannot happen without something new — though only tomorrow's open interest proves it opened rather than closed. Methodology | Bid-ask spread The gap between the bid and the ask as a share of the midpoint: what a round trip costs before the position has moved at all. Methodology | Priced vs rest of chain The contract's implied volatility less the at-the-money reading for the same company, in points: how this strike is priced against the rest of the chain. Methodology | Move to break even How far the stock must move by expiry for a buyer at the midpoint to get the premium back: strike plus premium for a call, strike less premium for a put. Methodology | Premium |
|---|---|---|---|---|---|---|
| Dec 18, 2026 · $200 call +8% from price | — | 0.21 | 0.9% | -11.0% | +14.2% | $1.8M |
| Dec 18, 2026 · $185 put at the price | — | 0.30 | 1.2% | -8.9% | -9.0% | $1.5M |
| Dec 18, 2026 · $140 put -24% from price | — | 0.07 | 2.4% | -1.6% | -25.7% | $1.5M |
| Dec 18, 2026 · $180 put -2% from price | — | 0.22 | 1.7% | -8.1% | -10.4% | $1.4M |
| Dec 18, 2026 · $210 call +14% from price | — | 0.28 | 1.3% | -11.7% | +18.0% | $1.2M |
| Dec 18, 2026 · $190 put +3% from price | — | 0.10 | 1.3% | -9.4% | -7.7% | $1.1M |
| Dec 18, 2026 · $220 call +19% from price | — | 0.24 | 2.8% | -12.4% | +22.1% | $994,402 |
| Dec 18, 2026 · $190 call +3% from price | — | 0.12 | 1.0% | -9.6% | +11.0% | $892,410 |
| Dec 18, 2026 · $160 put -13% from price | — | 0.03 | 2.1% | -5.1% | -17.2% | $829,430 |
| Jan 15, 2027 · $185 call at the price | — | 0.26 | 3.8% | -14.3% | +11.0% | $2.2M |
| Jan 15, 2027 · $175 put -5% from price | — | 0.24 | 3.1% | -13.5% | -13.0% | $1.8M |
| Jan 15, 2027 · $185 put at the price | — | 0.28 | 3.7% | -14.5% | -10.1% | $1.7M |
| Jan 15, 2027 · $210 call +14% from price | — | 0.11 | 3.9% | -16.2% | +19.4% | $1.7M |
| Jan 15, 2027 · $180 put -2% from price | — | 0.12 | 3.6% | -13.9% | -11.5% | $1.6M |
| Jan 15, 2027 · $190 call +3% from price | — | 0.12 | 3.7% | -14.8% | +12.4% | $1.5M |
| Jan 15, 2027 · $180 call -2% from price | — | 0.07 | 1.1% | -13.9% | +9.6% | $1.2M |
| Jan 15, 2027 · $150 put -19% from price | — | 0.11 | 3.3% | -10.4% | -22.0% | $813,740 |
| Jan 15, 2027 · $155 put -16% from price | — | 0.16 | 4.1% | -11.2% | -20.0% | $657,825 |
| Feb 19, 2027 · $200 put +8% from price | — | 0.46 | 2.5% | -14.9% | -8.7% | $1.7M |
| Feb 19, 2027 · $210 call +14% from price | — | 0.19 | 3.1% | -15.2% | +21.7% | $952,408 |
Liquid contracts, 3 weeks to 4 months out, soonest expiry first.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 4, 2026 | Quarterly ↗ | Jun 30, 2026 | 35d |
| May 5, 2026 | Quarterly ↗ | Mar 31, 2026 | 35d |
| Feb 17, 2026 | Annual ↗ | Dec 31, 2025 | 48d |
| Nov 4, 2025 | Quarterly ↗ | Sep 30, 2025 | 35d |
| Aug 5, 2025 | Quarterly ↗ | Jun 30, 2025 | 36d |
| May 6, 2025 | Quarterly ↗ | Mar 31, 2025 | 36d |
| Feb 18, 2025 | Annual ↗ | Dec 31, 2024 | 49d |
| Nov 5, 2024 | Quarterly ↗ | Sep 30, 2024 | 36d |
| Aug 6, 2024 | Quarterly ↗ | Jun 30, 2024 | 37d |
| May 7, 2024 | Quarterly ↗ | Mar 31, 2024 | 37d |
| Feb 20, 2024 | Annual ↗ | Dec 31, 2023 | 51d |
| Nov 3, 2023 | Quarterly ↗ | Sep 30, 2023 | 34d |
Current reports
| Filed | Disclosed |
|---|---|
| Aug 3, 2026 | Results · Regulation FD ↗ |
| Jun 9, 2026 | Shareholder vote ↗ |
| May 4, 2026 | Results · Regulation FD ↗ |
| Feb 2, 2026 | Results · Regulation FD ↗ |
| Nov 3, 2025 | Results · Regulation FD ↗ |
| Aug 4, 2025 | Results · Regulation FD ↗ |
| Jun 9, 2025 | Shareholder vote ↗ |
| May 5, 2025 | Results · Regulation FD ↗ |
| Feb 28, 2025 | Director or officer change ↗ |
| Feb 3, 2025 | Results · Regulation FD ↗ |
| Nov 14, 2024 | Listing notice · Regulation FD ↗ |
| Nov 4, 2024 | Results · Regulation FD ↗ |