Why is PLTR stock up?

PLTR is up 5.8% over five trading days, closing at $196.75 on Oct. 23, 2026. A move like this can come from the company itself or from a rally across its sector.

Below, we compare PLTR with its closest peers, check upcoming earnings and Fed dates, and look at what Palantir Technologies Inc.'s insiders and SEC filings show.

The chart below tracks PLTR's daily closing price from April 29, 2026 to Oct. 23, 2026. Over that stretch it is up 42.6%, from $137.97 to $196.75, with a high of $209.05 on Oct. 9, 2026 and a low of $107.27 on June 25, 2026. Each red circle marks a week in which company insiders sold shares on the open market (15 weeks in this period; bigger circles mean more money). There are no green diamonds: no insider bought on the open market in this window.

PLTR vs peers this week

The table below shows how PLTR stacks up against its peers this week. Over 5 days, PLTR did best (+5.8%) and GOOGL worst (-6.0%).

What could be behind the PLTR move

Earnings are due on Nov. 2, 2026 (in 9 days); stocks often move ahead of reports.

Across the broader market, the backdrop is a calm uptrend, with the VIX volatility index at 19.03. The Federal Reserve's next rate decision is on Oct. 28, 2026, 4 days away; market pricing puts the odds at 91% for a hold, 8% for a hike and 1% for a cut.

Also worth knowing about PLTR

Live PLTR data, updated every 30 minutes: PLTR insider trades, ownership and filings →

In Palantir Technologies Inc.'s own words

“Demand for AI sovereignty has now been unleashed. And Palantir is the only company that has demonstrated it can transform tokens into actual economic value. Our customers trust us to provide them with maximal control over their operations, data, and decisions. Their competitive advantage should never become the training data for future models. This quarter was otherworldly: our U.S.”

— Alex Karp, Co-Founder and Chief Executive Officer of Palantir Technologies · SEC filing

From the company's earnings release filed with the SEC on 2026-08-03 (Form 8-K).

What would change the picture for PLTR

These are the specific events and levels to watch. None of them is a prediction.

• The Nov. 2, 2026 earnings report (9 days away). Palantir Technologies Inc. beat estimates in all 4 of the last 4 quarters (average surprise +15.1%); a miss would break that pattern.
• An open-market purchase by an insider at Palantir Technologies Inc.. There has been none in 90 days; Form 4 filings would show one within two business days of the trade.
• Analyst ratings: the average score moved from 3.92 to 3.95 over three months (on a scale where 5 is strong buy and 1 is strong sell). A run of downgrades after earnings usually shows up here first.
• Price levels: a close above $209.05 would be a new 52-week high, 6.3% above the latest close of $196.75; a close below $107.27 would be a new 52-week low, 45.5% below it.
• Growth: revenue rose 78.9% year over year in the quarter ending Jun 2026 (trend: accelerating). At a P/E of 169.6, a slowdown would matter more than at a lower multiple.
• New shares: dilution risk is low now. A new shelf registration (S-3) or a prospectus supplement (424B) for an offering would raise it.

How PLTR compares with its peers

Over the past month PLTR ranks 2 of 4 in this group (+2.2%); the best was AI (+15.8%) and the weakest SOUN (-27.4%).

A dash in the P/E column means the company lost money over the last 12 months, so it has no P/E.

PLTR history: what happened after similar moves

Since 2023, PLTR fell 10% or more in a month 11 times (separate episodes, not counting the current one). Three months later it was higher in 8 of 11 cases; the median change was +20.6%.

Past moves don't predict the next one; they show how volatile the stock has been.

Questions people also ask

What is PLTR's 52-week high and low?

Over the past year PLTR closed as high as $209.05 and as low as $107.27. At $196.75 (Oct. 23, 2026) it is down 5.9% from the high and 83.4% above the low. More →

Do analysts think PLTR is a buy?

28 of the 39 analysts who cover Palantir Technologies Inc. rate it a buy or strong buy, for a consensus of Buy. Ratings describe analysts' views, not a guarantee, and they change after earnings. More →

Is Palantir Technologies Inc. issuing new shares?

Dilution risk reads low (0/100); the share count rose 0.2% in a year.

Who is the largest shareholder of PLTR?

Among investment managers that file Form 13F, BlackRock Inc. reported the largest PLTR position ($22.1 billion). 2841 institutions reported holding PLTR for Q2 2026. More →

Is Palantir Technologies Inc. profitable?

Yes. Palantir Technologies Inc. had $6.2 billion of revenue over the last 12 months with a net margin of 49.0% and a P/E of 169.6. More →

Does PLTR pay a dividend?

Palantir Technologies Inc. reported no dividend payments over the last 12 months in its SEC filings.

Dates to watch for PLTR

Insider trades can come any day: they must be filed on Form 4 within two business days.

Key terms on this page

P/E ratio

Price divided by the last 12 months of earnings per share. A P/E of 20 means investors pay $20 for each $1 of yearly profit. It is only defined when the company is profitable.

Form 4

The SEC form a company's officers, directors and 10% owners must file within two business days of buying or selling its stock.

Open-market trade

A purchase or sale on the exchange at the market price, paid with the insider's own money (code P or S on Form 4), as opposed to option exercises, grants or gifts.

Form 13F

A quarterly SEC report listing the U.S. stock holdings of every investment manager with more than $100 million. It is due 45 days after each quarter ends, so it shows positions with a delay.

Dilution

When a company issues new shares, each existing share owns a smaller piece of the company. Common sources: stock offerings, convertible debt and large stock-based pay.

Form 8-K

The SEC form for material events between quarterly reports: earnings releases, deals, executive changes, stock offerings and similar news.

52-week high / low

The highest and lowest daily closing price over the past year (about 252 trading days).

Where these numbers come from

Every number on this page is computed from the data when the page is refreshed (usually daily); nothing is typed in by hand. This is information, not investment advice.

• Price: daily closing prices through Oct. 23, 2026; changes use 5, 21 and 63 trading days; the 52-week range uses the last 252 closes.
• Insider trades: SEC Form 4 filings for the last 90 days, counting only open-market purchases (code P) and sales (code S); option exercises, grants, gifts and filings with data errors are left out.
• Analyst ratings: counts of current ratings from 39 analysts, compared with three months ago.
• Earnings dates and estimates: a market-data calendar; reported vs expected EPS for the last 4 quarters.
• Valuation and growth: revenue, earnings, margins and share counts from the company's SEC filings (XBRL data, latest quarter Jun 2026); P/E and price/sales use the latest close.
• Fund ownership: SEC Form 13F filings for Q2 2026.
• Dilution: share-count changes and offering-related SEC filings (shelf registrations, prospectus supplements, convertible notes) over two years, scored 0-100.
• History: 21-trading-day moves over about three years of daily closes, counted once per episode.