NEW YORK, December 29, 2025, 03:19 ET — Market closed
- Palantir ended Friday down 2.81% at $188.71, after trading between $188.62 and $196.35. 1
- Investors head into a thin year-end stretch with Federal Reserve meeting minutes due Tuesday. 2
- The company has not announced its next earnings date; some calendars list an unconfirmed Feb. 2 release after the close. 3
Palantir Technologies (PLTR.O) shares finished down 2.81% on Friday at $188.71, heading into the final trading days of the year on the back foot. 1
The pullback comes as investors navigate a holiday-thinned market where year-end portfolio adjustments can exaggerate moves, especially in high-momentum technology names. 2
That matters for Palantir because the stock has been a popular proxy for the “AI” trade — shorthand for artificial intelligence software that learns from data to automate tasks and speed decisions — leaving it sensitive to swings in rate expectations and risk appetite. 2
On Friday, the stock ranged from $188.62 to $196.35, with volume of about 26.26 million shares, according to Investing.com. 1
Palantir’s 52-week range is $63.40 to $207.52, putting Friday’s close well below its recent peak but far above last year’s lows. 1
U.S. stocks have been hovering near record levels into year-end, with the S&P 500 around 1% from the 7,000 mark in recent sessions, Reuters reported. 2
Minutes from the Federal Reserve’s December meeting are due Tuesday. The minutes are a detailed account of policymakers’ debate and are often mined for clues on the interest-rate path. 2
“Handicapping how many rate cuts we’re going to get next year is a big thing markets are focused on right now,” Michael Reynolds, vice president of investment strategy at Glenmede, told Reuters. 2
MarketWatch’s economic calendar shows U.S. pending home sales data due Monday, with other releases — including the Fed minutes — later in the week. 4
Reuters has also flagged investor attention on rotation away from technology shares, with non-tech areas doing better at times as valuations in parts of the market look more moderate. 2
The last major company catalyst was in early November, when Palantir lifted its annual revenue forecast again and projected fourth-quarter revenue of $1.327 billion to $1.331 billion on demand for its data-analytics software. 5
December trading has been choppy: the stock hit $198.88 at an intramonth high and touched $163.12 at a low, Investing.com data show. 1
Before the next session, traders will watch whether the stock can reclaim the $190 level after slipping below it on Friday. A move back toward $200 would put focus on the $207.52 52-week high. 1
Palantir has not announced a date for its next results. Wall Street Horizon lists an unconfirmed estimate of Monday, Feb. 2, after the market close — meaning results would arrive after the regular U.S. session ends. 3
Until Palantir sets that date, the stock’s near-term direction is likely to hinge on broader market cues — especially Fed signals and year-end positioning — that can swing sentiment toward AI-linked names. 2