Prediction: Palantir's Stock Will Make a Huge Move After May 5

Palantir Technologies (NASDAQ: PLTR) may be one of the most polarizing AI stocks on the market. Some swear by it, and others wouldn't touch it with a 10-foot pole. I'm usually in the 10-foot pole camp, but I would happily change my stance if the stock returned to a reasonable level.After the most recent round of sell-offs, Palantir stock is around 25% off its all-time high. This is a pretty significant discount to where it was trading, but is it enough to warrant buying the stock before Palantir reports Q1 earnings on May 5?One thing I'm fairly certain of is that Palantir's stock will likely make a large move on the day following earnings; the question is whether that move will be up or down. For three of its four 2024 quarters, Palantir's stock moved up following earnings. But all four saw double-digit movements.Continue reading

Apr 21, 2025 - 12:11

Prediction: Palantir's Stock Will Make a Huge Move After May 5

Palantir Technologies (NASDAQ: PLTR) may be one of the most polarizing AI stocks on the market. Some swear by it, and others wouldn't touch it with a 10-foot pole. I'm usually in the 10-foot pole camp, but I would happily change my stance if the stock returned to a reasonable level.

After the most recent round of sell-offs, Palantir stock is around 25% off its all-time high. This is a pretty significant discount to where it was trading, but is it enough to warrant buying the stock before Palantir reports Q1 earnings on May 5?

One thing I'm fairly certain of is that Palantir's stock will likely make a large move on the day following earnings; the question is whether that move will be up or down. For three of its four 2024 quarters, Palantir's stock moved up following earnings. But all four saw double-digit movements.