NEW YORK, Dec. 27, 2025, 9:42 a.m. ET — Market Closed (Weekend).
Palantir Technologies Inc. stock (PLTR) heads into the final stretch of 2025 with investors weighing a familiar tug-of-war: powerful AI-driven momentum and improving fundamentals versus a valuation that leaves little margin for error. The U.S. stock market is closed Saturday, meaning Friday’s close is the last actionable price signal until trading resumes Monday, Dec. 29.
Where Palantir stock stands after Friday’s session
PLTR finished Friday, Dec. 26 at $188.71, down 2.81% on the day, then edged lower to $188.17 in after-hours trading. [1]
The pullback matters not only because it snapped a short-term push higher into year-end, but also because it placed Palantir stock just below a closely watched technical level cited by market technicians. Investor’s Business Daily noted PLTR dropped 2.8% and fell below a 190.39 buy point during the light, post-holiday session. [2]
A quiet Wall Street backdrop — and why that matters for high-beta names like PLTR
Palantir’s dip came as the broader market largely went nowhere in thin holiday trading. On Friday, the Dow, S&P 500, and Nasdaq all slipped only marginally as many institutions stayed on the sidelines. [3]
That kind of tape can amplify moves in popular, high-momentum stocks because fewer large orders are needed to swing prices. It also tends to encourage short-term profit-taking in stocks that have had outsized runs.
Reuters quoted Ryan Detrick, chief market strategist at Carson Group, describing the day as a pause after a strong run: “we’re just simply catching our breath today,” as the market entered the seasonal “Santa Claus rally” window that spans the last trading days of the year and the first two sessions of the new one. [4]
For Palantir shareholders, the key point is that the stock is trading into year-end against a market backdrop that is supportive—but not necessarily liquid—setting up the potential for sharper-than-usual swings into the final three trading days of 2025.
The last 24–48 hours: what the newest PLTR headlines are focusing on
Across the most recent round of coverage and analysis, the themes are consistent:
1) The “pullback after a run” narrative
Several market recaps and stock-focused pieces framed Friday’s decline as a reset during thin trading rather than a fundamental re-rating—especially with major indices essentially flat on the day. [5]
2) A technical inflection near the $190 area
IBD’s coverage explicitly highlighted the slip below the 190.39 buy point, placing the spotlight on whether Palantir can reclaim that level when volume returns. [6]
3) The valuation question moving back to center stage
A widely circulated analysis published early Saturday argued Palantir is being priced as a “core AI platform,” with limited room for execution missteps in 2026–2027. [7]
Taken together, the “news” isn’t about a single contract headline or a surprise earnings update. It’s about positioning into year-end: whether investors keep paying a premium multiple for PLTR’s AI narrative and accelerating commercial adoption, or whether the stock needs time to consolidate after its sharp 2025 climb.
Fresh valuation and forecast analysis: what the numbers imply
A prominent valuation-focused piece published Dec. 27 put hard numbers behind the debate:
- PLTR trading “around” the low-$190s with a market cap roughly $456–$463 billion
- A trailing P/E near ~448–450x (an extremely elevated multiple by traditional measures)
- A view that markets are pricing Palantir as a foundational AI platform—and therefore investors are underwriting a long runway of strong execution [8]
That same analysis outlined the bull and bear framework in a way many institutional desks tend to think about high-multiple stocks:
- Bull case: Palantir’s operating leverage and AI platform adoption allow earnings power to “grow into” today’s multiple over several years. [9]
- Bear case: Even with strong fundamentals, the valuation can compress as growth normalizes—meaning returns could be muted if the multiple contracts faster than earnings rise. [10]
In plain English: PLTR doesn’t need to “miss” to fall—it just needs to deliver merely “good” results when the market is priced for “great.”
Wall Street targets and ratings: why consensus still looks cautious
Despite the stock’s popularity, aggregated analyst data still skews cautious overall.
StockAnalysis.com’s compilation lists a consensus rating of “Hold” with an average price target of $171.74 (based on 19 analysts), implying downside versus the latest close—while also showing a very wide range between the lowest and highest targets. [11]
It also lists several notable analyst calls (with updates shown as of Nov. 4, 2025), illustrating just how split the Street remains:
- Gil Luria (DA Davidson): target raised $170 → $215, maintained Hold [12]
- Sanjit Singh (Morgan Stanley): target raised $155 → $205, maintained Hold [13]
- Gabriela Borges (Goldman Sachs): target raised $141 → $188, maintained Hold [14]
- William Power (Baird): target raised $170 → $200, maintained Hold [15]
- Rishi Jaluria (RBC Capital): target raised $45 → $50, maintained Sell [16]
For SEO-minded investors searching “Palantir stock forecast” or “PLTR price target,” that dispersion is the story: even analysts who respect Palantir’s growth often struggle to justify the valuation at current levels, while bulls argue Palantir is redefining what “AI software platform” economics can look like at scale.
What investors should watch before the next session
Because the market is closed for the weekend, the next real catalyst is Monday’s open—when liquidity returns and year-end positioning resumes.
1) Know the timetable for the next U.S. session
For U.S. equities, the core trading session runs 9:30 a.m. to 4:00 p.m. ET, with additional sessions depending on venue and order type. [17]
2) Calendar risk: economic data in the final week of the year
Macro reports can matter more than usual in thin year-end trade, especially for high-multiple growth stocks that are sensitive to rate expectations.
MarketWatch’s U.S. economic calendar highlights Pending Home Sales (Nov.) at 10:00 a.m. ET on Monday, Dec. 29 as a major scheduled release. [18]
3) Holiday schedule awareness: how the next week trades
The final week of the year can bring altered schedules that affect liquidity and volatility. Investopedia reported that traders can expect a full trading day on New Year’s Eve (Wednesday, Dec. 31), while stock and bond markets are closed on New Year’s Day (Thursday, Jan. 1, 2026) (and bond trading is scheduled to close early at 2 p.m. on Dec. 31). [19]
4) Technical levels traders are likely to reference
The most immediate “line in the sand” being discussed in recent coverage is around $190, including the 190.39 buy point referenced by IBD. If PLTR reclaims that area early Monday with stronger volume, momentum traders may view it as a confirmation. If it fails and slides further, attention typically shifts to prior support zones and moving averages cited by technicians. [20]
5) The positioning factor: year-end flows can exaggerate moves
Reuters has recently highlighted the growing influence of retail flows in U.S. stocks, with AI-linked favorites among heavily traded names. While that’s not a “48-hour” headline, it provides context for why Palantir can remain expensive longer than many traditional valuation models would predict—and why reversals can be sharp when sentiment flips. [21]
The bottom line for PLTR stock heading into Monday
Palantir stock enters the final three trading days of 2025 near a key technical area after a modest Friday pullback in a low-volume session where the broader market barely moved. [22]
The latest wave of coverage is less about a single company-specific catalyst and more about whether investors keep rewarding Palantir with a premium valuation into 2026. Bulls point to enterprise AI adoption and operating leverage; bears focus on how unforgiving the math becomes when a stock is priced for near-perfect execution. [23]
This article is for informational purposes only and does not constitute investment advice.
References
1. stockanalysis.com, 2. www.investors.com, 3. www.reuters.com, 4. www.reuters.com, 5. www.reuters.com, 6. www.investors.com, 7. in.investing.com, 8. in.investing.com, 9. in.investing.com, 10. in.investing.com, 11. stockanalysis.com, 12. stockanalysis.com, 13. stockanalysis.com, 14. stockanalysis.com, 15. stockanalysis.com, 16. stockanalysis.com, 17. www.nyse.com, 18. www.marketwatch.com, 19. www.investopedia.com, 20. www.investors.com, 21. www.reuters.com, 22. stockanalysis.com, 23. in.investing.com
