NEW YORK, Dec. 28, 2025, 9:30 a.m. ET — Market closed (weekend)
Palantir Technologies Inc. (NASDAQ: PLTR) heads into the final full trading week of 2025 with investors split between two powerful forces: a momentum-heavy rally built on enterprise AI enthusiasm—and intensifying scrutiny of valuation as the calendar flips toward 2026.
Shares last traded around $188.71, after a sharp Friday pullback that left the stock down about 2.8% on the session. MarketBeat
Because U.S. exchanges are closed for the weekend, the next major test for PLTR will be Monday’s session—when traders will weigh fresh macro signals, thin year-end liquidity, and a steady stream of weekend commentary that has put Palantir’s premium price tag back in the spotlight. Investopedia+1
Where Palantir stock stands heading into Monday
On Friday (Dec. 26), Palantir fell to roughly $188.71 after trading as low as about $188.62, with volume that was lighter than typical holiday-week surges. MarketBeat+1
Two context points matter for how traders frame that move:
- Holiday calendar effects: U.S. stocks had an early close on Dec. 24, were closed on Dec. 25, and returned to normal hours on Dec. 26—a setup that often produces uneven liquidity and exaggerated moves in high-beta momentum names. Barron’s
- The “buy point” conversation: Technical coverage around Palantir has focused on the 190.39 area as a key level, after the stock previously pushed higher into record territory in November. Investors.com
In other words: Friday’s dip didn’t erase the broader uptrend narrative—but it did bring the stock back to a price zone that many short-term traders treat as a decision point.
The biggest PLTR headlines and analysis from the past 24–48 hours
1) Michael Burry’s latest AI warning puts PLTR valuation back on the front page
A widely read weekend piece from The Wall Street Journal reported that investor Michael Burry has positioned bearish bets against AI-linked names including Palantir—arguing that parts of the AI trade resemble a bubble and calling out what he views as red flags around the ecosystem and valuations. The Wall Street Journal
Whether or not investors agree with Burry’s timing, the significance for PLTR holders is straightforward: when a stock is priced for near-perfection, even a small shift in sentiment can change the risk/reward profile quickly—especially into year-end.
2) A “top investor” says “it’s too late” at current levels
TipRanks highlighted commentary from Danil Sereda, who said he’s staying on the sidelines rather than betting against the stock, but also not willing to buy at current prices. In the article, Sereda argues that if growth slows as he expects, “even the massive 25%+ premium… won’t justify the stock’s price,” and he rates the stock Hold/Neutral. TipRanks
3) Wall Street remains broadly cautious—despite the AI story
TipRanks’ broader snapshot shows a Hold consensus for PLTR, with the average price target sitting near $187.87 (implying little upside/downside around the latest quote). TipRanks+1
Meanwhile, MarketBeat’s compilation also lands on a Hold consensus but lists a lower average target (reflecting different analyst sets and update timing). MarketBeat
4) The “take profits” argument is gaining airtime into year-end
Several investor-focused outlets used the weekend to revisit the same theme: Palantir’s multi-year run has been extraordinary, but the valuation leaves less room for disappointment—making profit-taking a rational risk-management decision for some investors. The Motley Fool+1
Forecasts and price targets: why PLTR’s outlook is unusually polarized
One reason Palantir stock attracts outsized attention is that credible forecasts vary widely—not just between bulls and bears, but even among neutral-rated firms.
MarketBeat’s recap of recent research notes lists a cluster of major Wall Street target moves from early November, including:
- Bank of America: raised target to $255 (Buy)
- Piper Sandler: lifted target to $225 (Overweight)
- Morgan Stanley: raised target to $205 (Equal Weight)
- UBS: lifted target to $205 (Neutral)
- Robert W. Baird: raised target to $200 (Neutral) MarketBeat
At the same time, more valuation-focused commentary continues to point out that Palantir’s multiples are elevated. MarketBeat lists a P/E ratio above 400 in its data snapshot, underscoring how much future execution is already priced in. MarketBeat
This is the core tension for 2026 positioning:
- Bull case: Palantir sustains rapid commercial adoption of AIP, expands large-deal wins, and proves it can translate growth into durable margins and cash flow.
- Bear case: growth normalizes (especially after blockbuster comparisons), and the stock experiences “multiple compression” even if the business continues to execute.
The fundamentals Palantir investors keep coming back to
Even as the weekend debate focuses on valuation, Palantir’s most recent reported numbers remain the backbone of the bull thesis.
In its Q3 2025 release filed with the SEC, Palantir reported revenue of $1.18 billion and adjusted EPS of $0.21, and it raised full-year 2025 revenue guidance to $4.396–$4.400 billion. SEC
Reuters also highlighted that Palantir projected Q4 revenue of $1.327–$1.331 billion, above many Street expectations at the time, driven by demand for its AI-enabled data analytics across commercial and government markets. Reuters
For investors, the key isn’t only that Palantir is growing—it’s that the stock price implies the company must keep doing so at a high rate for longer than skeptics expect.
Contracts and partnerships still matter—and Palantir keeps landing them
Two recent developments continue to show up in “what’s next” conversations for PLTR:
U.S. Navy “ShipOS” initiative (up to $448 million)
A Business Wire release and an official U.S. Navy press statement described a partnership to deploy Palantir Foundry and AIP across parts of the U.S. maritime industrial base under an initiative referred to as ShipOS, with authorization up to $448 million. Business Wire+1
The Navy release also cited pilot outcomes—such as cutting certain planning and review processes dramatically at shipbuilding-related sites—offering a concrete example of Palantir’s “AI for operations” pitch in a mission-critical environment. U.S. Navy
“Chain Reaction” AI infrastructure partnership (Palantir + Nvidia + CenterPoint)
Reuters reported earlier this month that Palantir partnered with Nvidia and CenterPoint Energy on “Chain Reaction,” positioned as a platform designed to help coordinate data and workflows to speed AI data center construction—an area constrained by power, permitting, and complex supply chains. Reuters
Together, these initiatives feed the narrative that Palantir isn’t just riding “AI hype,” but is targeting large, operationally complex deployments where its software can become embedded.
What investors should know before the next session
1) Know the clock: futures first, then premarket, then the open
While stocks are closed right now, U.S. equity index futures commonly reopen Sunday evening; CME lists Sunday 6:00 p.m. ET as the start for key equity index futures trading. CME Group
For stocks, Nasdaq notes that investors may trade in pre-market (4:00–9:30 a.m. ET) and after-hours (4:00–8:00 p.m. ET) sessions—periods that can bring thinner liquidity and faster price swings. Nasdaq
2) The week ahead has macro catalysts—even without big earnings
Investopedia’s week-ahead calendar points to a holiday-shortened week around New Year’s Day, with scheduled data including Pending Home Sales (Monday), Case-Shiller (Tuesday), FOMC minutes (Tuesday), and Jobless Claims (Wednesday). Investopedia
Even for a company-specific story like PLTR, these releases can move high-multiple momentum stocks by shifting rate expectations and risk appetite.
3) Watch the “valuation vs. momentum” narrative—because it can move faster than fundamentals
Weekend commentary from both bears (like Burry) and cautious longs (like Sereda) is converging on one point: Palantir’s business may be strong, but the stock price embeds aggressive expectations. The Wall Street Journal+1
When that becomes the dominant framing, Monday’s trade often turns into a referendum on:
- whether buyers defend key technical levels (around the widely watched ~190 zone), and
- whether dip-buying remains confident in a thin, year-end tape. Investors.com+1
4) Keep an eye on the next earnings date
TipRanks lists Palantir’s next report as Feb. 18, 2026 (after close), confirmed, with a consensus EPS forecast of 0.23 for the quarter. TipRanks
That date matters because PLTR’s valuation debate tends to intensify as earnings approach—when guidance and growth durability are re-priced in real time.
Bottom line for PLTR stock into Monday
Palantir enters Monday’s session with the same defining setup it’s carried for much of 2025: strong AI-driven momentum and expanding use-case visibility, paired with valuation levels that leave little margin for error.
The most important “new” development over the past 24–48 hours isn’t a fresh contract or product launch—it’s the rising volume of high-profile skepticism (and cautious neutrality) that could amplify volatility as 2025 ends and investors reposition for 2026. The Wall Street Journal+2TipRanks+2
This article is for informational purposes only and does not constitute investment advice.
