Palantir stock (PLTR) slips after hours as Feb. 2 earnings date set and Citi turns bullish

13 January 2026

New York, Jan 13, 2026, 17:30 EST — After-hours

Palantir shares slipped roughly 0.3% in after-hours trading, fluctuating between $176.22 and $181.08.
The company scheduled its fourth-quarter and full-year results for Feb. 2, with a webcast at 5 p.m. ET.
Citi raised its rating on Palantir to Buy/High-Risk and bumped the price target up to $235.

Palantir Technologies shares dipped roughly 0.3% to $178.96 in after-hours trading Tuesday, as investors mulled the software maker’s next catalyst following a choppy session.

The near-term calendar is getting crowded. Palantir has turned into a high-stakes bet linked to corporate AI spending, and its upcoming earnings will serve as a swift test to see if that demand translates clearly into revenue and profit.

This is significant because Palantir’s stock has been swinging wildly on headlines and analyst chatter, despite the company keeping a low profile. Investors are betting that Palantir’s commercial side will pick up speed once more, but the upcoming earnings report has to deliver on that promise.

Palantir announced it will release fourth-quarter and full-year 2025 results on Monday, Feb. 2, after U.S. markets close. The company will then host a webcast at 3 p.m. Mountain time (5 p.m. ET).

Citi raised its rating on Palantir to Buy/High-Risk from Neutral and bumped the price target up to $235 from $210. Analyst Tyler Radke explained in a note, “We are upgrading PLTR to Buy/High-Risk from Neutral and raising estimates and our target price to $235.” Seeking Alpha

Radke pitched the call around a possible “supercycle” — his term for a multi-quarter surge in demand — spanning commercial clients and government buyers alike. Investors have zeroed in on Palantir’s Artificial Intelligence Platform, or AIP, which bundles software for customers aiming to deploy AI tools within their own data ecosystems.

Palantir’s stock soared 135% in 2025, but it now trades at about 178 times forward earnings, according to Barron’s. That steep valuation leaves the trade vulnerable to any missteps.

Separately, the Wall Street Journal revealed that an AI startup sued by Palantir claims in a court filing the tech giant aims to intimidate its staff and stifle competition. The legal battle hinges on accusations of employee poaching and trade secret violations.

Bulls see a straightforward path: a solid quarter and an optimistic outlook should keep momentum alive. Bears, on the other hand, need only a hint of slowing AI demand or uneven government contracts to shake a stock already valued for rapid growth.

The next key date is Feb. 2, when Palantir will report after the market closes and hold a webcast Q&A at 5 p.m. ET.

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Khadija Saeed is a financial markets reporter at TS2.tech. Her coverage ranges from stocks and technology to emerging industries and developments across global markets. She studied economics and finance at the London School of Economics and worked in market research before becoming a financial journalist. Follow Khadija Saeed on Google News.

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