"Shares of Palantir Technologies (NASDAQ:PLTR) continued their losing streak to start the year, losing 5.54% over the past five trading sessions after losing 0.42% the five prior. Over the past year, the stock is up 130.71%, and since its October 2022 IPO, PLTR has surged an eye-catching 1,732.36%. But since its all-time high on Nov. 3, 2025, shares are down nearly 19%."
"When the company reported Q3 earnings on Nov. 3, 2025, it beat on the top and bottom lines with EPS of 21 cents versus 17 cents expected, and revenue of $1.18 billion versus $1.09 billion expected. Palantir issued strong guidance, attributing growth to adoption of its AI software platform. Meanwhile, it announced that government sales - which have been essential to Palantir's rise - grew 52% from the same quarter a year ago."
Palantir's shares fell 5.54% over the past five trading sessions following a 0.42% decline in the prior five. The stock is up 130.71% over the past year and 1,732.36% since its October 2022 IPO, but sits nearly 19% below its Nov. 3, 2025 all-time high. Q3 results showed EPS of 21 cents versus 17 cents expected and revenue of $1.18 billion versus $1.09 billion expected, with management citing AI-platform adoption and 52% year-over-year government sales growth. The company secured major defense agreements and faces reduced institutional ownership amid valuation concerns, including a forward P/E of 172.41.
Read at 24/7 Wall St.
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