Copyright Investor's Business Daily
Investors are eyeing a stock split for Palantir Technologies (PLTR), said a Wall Street analyst in a third-quarter earnings preview. Palantir stock has gained 151% in 2025 and hit a record high on Monday before retreating a bit. RBC Capital analyst Rishi Jaluria surveyed investors ahead of the Palantir earnings report, which is due Nov. 3. "Retail investors are also largely focused on the potential for a stock split, and although this topic decreased quarter-over-quarter, it remains the most relevant topic," Jaluria said. He added: "With Palantir's $6 billion cash balance, we think retail investors may be starting to become frustrated by the company's lack of willingness to return capital to shareholders given no apparent interest in pursuing M&A opportunities." Jauria holds an under-perform rating on Palantir stock. Palantir Stock: Record High On the stock market today, Palantir stock rose a fraction to 190.66. Shares hit an all-time high of 192.83 intraday Monday before paring gains. Shares cleared a 188.20 handle buy point. Expectations are high heading into the Palantir earnings report. Over the last four quarters, sales accelerated 30%, 36%, 39% and 48%. In Q3, Wall Street analysts model revenue growth of over 50% to $1.092 billion. Here's what investors need to know about the data analytics software maker and its chief executive, Alex Karp. Palantir stock has boomed amid views that the company seems poised to win more U.S. government business during the Trump administration. Also, retail investor enthusiasm for generative artificial intelligence plays has lifted Palantir stock, although commercial-related revenue has yet to ramp up. Palantir Stock Technical Ratings Further, Palantir's Relative Strength Rating stands at 97 out of a best-possible 99. But PLTR stock holds an Accumulation/Distribution Rating of C. 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.
