Palantir Technologies Inc. (PLTR) finished the holiday-shortened Christmas Eve session essentially flat and remained steady in after-hours trading—a familiar setup for a stock that’s become one of 2025’s most watched AI-linked names.
As of the post-close update on Dec. 24, 2025, PLTR was $194.17 at the close and $194.23 after hours (a minimal uptick). [1]
One important calendar note: U.S. markets are closed on Thursday, Dec. 25 (Christmas Day). That means the “next market open” for U.S. stocks is Friday, Dec. 26, 2025 (unless your broker/exchange follows a different local schedule). [2]
Below is what investors should know heading into the next trading session—based on reporting and analysis published today (Dec. 24) and the most recent late-December context still driving the stock.
Where Palantir stock stands after the bell today
PLTR’s tape today was less about fireworks and more about positioning into year-end:
- Close (Dec. 24): $194.17
- After-hours: $194.23 [3]
- Day range: $192.83 – $195.17
- 52-week range: $63.40 – $207.52
- Market cap: ~$462.76B
- P/E ratio: ~454 [4]
Because today’s session was shortened (markets closed at 1 p.m. ET), volume and price discovery can be less informative than a typical full day—especially for a momentum-heavy name. [5]
On the consolidated feed used by major market data services, PLTR’s last reported regular-session print was about $194.16 with roughly 11.0M shares traded—well below Palantir’s recent average volume, consistent with holiday trading conditions. [6]
Today’s biggest Palantir headlines and narratives
Even with a quiet close, today’s coverage clustered around a few high-impact themes:
1) Bullish “2026 setup” talk from Wedbush coverage
A widely circulated note referenced Wedbush placing Palantir in its top tech predictions for 2026, pointing to commercial AI momentum and platform rollouts as key pillars of the bull case. [7]
Why it matters: Into year-end, Palantir is still trading largely as an “AI operating system” story. Notes like this can keep institutional interest warm during low-liquidity periods—especially when the market is hunting for AI names with visible government + enterprise adoption.
2) A new one-year forecast arguing downside risk despite the hype
A major forecast piece published today put a bearish one-year target at $168, framing it as potential downside from current levels and emphasizing valuation risk. The same piece also highlighted a very wide spread in analyst targets, with figures ranging from $50 on the low end to $255 on the high end (and a median target around the high-$180s). [8]
Why it matters: The market is effectively debating whether Palantir’s growth trajectory justifies a multiple that remains extreme by traditional measures (Google Finance showed a P/E over 450 today). [9]
That valuation sensitivity is what makes PLTR vulnerable to sudden de-risking—even if there’s no single piece of negative news on a given day.
3) Institutional “who’s selling?” stories resurfaced today
Two separate strands of coverage landed today:
- A 13F-related filing story noted one investment firm trimming its stake (a routine but headline-friendly reminder that not everyone is adding at these levels). [10]
- A separate analysis highlighted that Stanley Druckenmiller’s Duquesne Family Office exited positions in Nvidia and Palantir (as discussed via the 13F framework), emphasizing that sophisticated money managers don’t always stay married to the AI trade. [11]
Why it matters: For PLTR, flows and ownership chatter can move sentiment quickly because the stock has become a proxy battleground for “AI winners” vs “AI bubble” narratives.
The fundamental catalyst investors are still pricing: big government + defense-scale use cases
While not a “new after-hours filing today,” one of the most consequential late-December storylines still shaping PLTR’s premium valuation is the steady drumbeat of defense-adjacent deployments.
A recent defense industry report described a $448 million Navy deal tied to Palantir’s “ShipOS” effort—focused on integrating advanced software/AI into shipyards and suppliers to improve shipbuilding readiness and throughput. [12]
Why it matters before the next open:
When PLTR rallies, it often does so on the argument that it’s not just selling dashboards—it’s embedding itself into large, sticky operational systems (defense production, logistics, intelligence workflows, and now increasingly commercial operations). That “operating system” framing is the crux of why many investors tolerate a valuation that looks aggressive on conventional screens.
What the chart-watchers are watching going into the next session
Without showing charts, here are the commonly cited levels from one widely followed technical summary:
- Resistance levels: ~$195.75, ~$197.38, ~$199.39
- Support levels: ~$192.12, ~$190.11, ~$188.49
- 52-week high: ~$207.52 [13]
How to use this (practically):
Because holiday liquidity can exaggerate moves, many traders treat breaks above nearby resistance (mid-$195s) or below near support (low-$192s) as “confirmation zones”—but they’ll typically want to see that confirmed on a normal-volume day after the holidays.
The single biggest “tomorrow” issue: the market isn’t open
If you’re planning for “tomorrow morning,” the key point is structural:
- Dec. 24: shortened session, close at 1 p.m. ET
- Dec. 25 (tomorrow):U.S. markets closed for Christmas Day [14]
So the more useful framing is: what to watch before Friday’s open (Dec. 26).
What to watch before the next market open (Dec. 26)
1) After-hours and thin-liquidity “fake moves”
With PLTR essentially unchanged after hours ($194.23), the bigger risk is Thursday night headlines or low-volume prints that look dramatic but don’t hold once normal participation returns. [15]
2) Analyst narrative drift: momentum vs valuation
Today’s coverage captures the push-pull:
- Bullish framing: PLTR as a key AI platform winner heading into 2026 (Wedbush-style narrative). [16]
- Bearish framing: targets implying downside and repeated warnings that the multiple is doing a lot of heavy lifting. [17]
Into Friday, watch for fresh rating changes or new price target reiterations that lean on either of those narratives.
3) “Smart money” positioning stories (13F-driven headlines)
Even when filings are backward-looking, stories about who sold (or reduced) can affect sentiment in a stock as widely owned and debated as PLTR. Today’s headlines spotlighted both institutional trimming and the Druckenmiller angle. [18]
4) Macro tailwinds (and risks) that matter specifically to Palantir
A Reuters market outlook published today underscored that AI spending, corporate profit strength, and expectations around Fed policy are central to the market’s 2026 narrative. [19]
For Palantir, that matters because:
- When “AI capex optimism” is rising, PLTR tends to trade with a long-duration growth multiple.
- When rate/valuation fears dominate, high-multiple software names can de-rate fast—even without company-specific bad news.
Bottom line for PLTR heading into the next trading day
Palantir ended Dec. 24 right around $194 and barely moved in after-hours trading, a calm finish to a shortened session. [20]
But don’t confuse “quiet” with “settled”:
- The stock is still priced like a premium AI leader (P/E ~454 on today’s snapshot). [21]
- Today’s forecasting and commentary showed the market remains split—ranging from bullish 2026 leadership calls to skeptical price targets and valuation warnings. [22]
- Flow/ownership stories are back in focus, which can amplify volatility around year-end. [23]
Practical takeaway: If you’re making a plan for the next open (Friday, Dec. 26), treat any Thursday-night “moves” cautiously, watch the $192–$196 zone for direction, and keep an eye on whether the day’s news cycle reinforces the “platform winner” narrative—or re-centers the valuation debate. [24]
This article is for informational purposes only and is not financial advice.
References
1. www.google.com, 2. www.investopedia.com, 3. www.google.com, 4. www.google.com, 5. www.investopedia.com, 6. www.google.com, 7. www.tradingview.com, 8. 247wallst.com, 9. www.google.com, 10. www.marketbeat.com, 11. www.fool.com, 12. defensescoop.com, 13. www.barchart.com, 14. www.investopedia.com, 15. www.google.com, 16. www.tradingview.com, 17. 247wallst.com, 18. www.marketbeat.com, 19. www.reuters.com, 20. www.google.com, 21. www.google.com, 22. 247wallst.com, 23. www.fool.com, 24. www.barchart.com
