Palantir Technologies on Thursday hit an all-time high ahead of its second quarter earnings report on Aug. 4. Palantir stock has advanced over 100% in 2025 with Thursday's gain.
On the stock market today, Palantir stock rose to 153.15, its latest high, in morning trading on low trading volume. Shares were last up more than 1% to 152.71.
In the Q2 Palantir earnings report, Wall Street analysts project 54% profit growth to 54 cents with revenue rising 38% to $937.5 million.
The maker of data analytics software holds a premium valuation. Palantir stock has gained amid views that the company seems poised to win more U.S. government business under the Trump administration. Also, retail investor enthusiasm for generative artificial intelligence plays has boosted Palantir stock, although commercial-related revenue has yet to ramp up for the company.
Palantir Stock Technical Ratings
Palantir's Relative Strength Rating stands at 99 out of a best-possible 99.
Palantir stock holds an Accumulation/Distribution Rating of B. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading. A+ signifies heavy institutional buying; E means heavy selling. Think of a C grade as neutral.
Also, Palantir stock holds a Composite Rating of 99 out of a best-possible 99, according to IBD Stock Checkup. IBD's Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.
Palantir holds a 21-day ATR of 3.94%. The average true range is a metric available on IBD's MarketSurge that gauges the characteristic breadth of a stock's behavior. Stocks that tend to make large jumps or dives in daily action, the kind that can trigger sell rules and shake investors out of a stock, have a high ATR. Stocks that tend to make more incremental moves have lower ATRs.
IBD suggests stocks with ATRs of up to 8% in the current market. However, Palantir is extended beyond a buy point and needs to form a new base to be actionable.
Follow Reinhardt Krause on X, formerly Twitter, @reinhardtk_tech for updates on artificial intelligence, cybersecurity, quantum computing and cloud computing.
