New York, Jan 15, 2026, 16:41 EST — After-hours
- Palantir shares ended down 0.75%, holding mostly steady in after-hours trading
- A court filing in Manhattan frames the Percepta dispute as an effort to prevent departures
- Investors are turning their attention to upcoming catalysts: earnings season and Palantir’s results on Feb. 2
Palantir Technologies Inc (PLTR) shares ended Thursday down 0.75%, closing at $177.07, and slipped 0.03% to $177.01 in after-hours trading. During the session, the stock fluctuated between $176.53 and $180.60, with roughly 30.6 million shares traded.
The shift happens as investors turn to upcoming earnings reports for fresh direction, with U.S. markets closed Monday for Martin Luther King Jr. Day. “The most important thing right now is earnings,” said Chris Fasciano, chief market strategist at Commonwealth Financial Network, ahead of a busy week of major corporate results. Reuters
Palantir will release its fourth-quarter and full-year results on Monday, Feb. 2, after market close, with a webcast set for 5 p.m. ET. Shareholders are invited to submit and vote on questions in advance via Say Technologies.
Legal issues are simmering in the background. In a Manhattan federal court filing, three ex-Palantir employees behind AI startup Percepta claimed the lawsuit aims to intimidate others from leaving, accusing Palantir of trying “to scare others away from leaving,” the filing says. Palantir has asked a judge to block Percepta co-founder Hirsh Jain from working at the startup or at its backer General Catalyst for a year, the report noted. Claims Journal
Palantir’s complaint highlighted an email where Jain reportedly said he was “down to pillage the best devs at palantir,” according to the report. However, the defendants countered that none of the employees named in that exchange ended up joining Percepta. Palantir representatives didn’t respond to requests for comment outside of regular business hours, the report noted. Claims Journal
Non-compete clauses show up often in tech job contracts, but courts differ on how strictly they enforce limits on where former employees can work. A judge’s initial ruling in the case might be as crucial as the final decision, since it determines the defendants’ options during the lawsuit.
Investors face a tricky moment. Palantir’s shares are valued on the expectation of growth driven by wider adoption of its software among government and commercial clients, leaving traders quick to respond to any shifts in revenue trends or future outlooks.
Legal battles like this go both ways. A court victory might bolster the company’s grip on safeguarding staff and sensitive data. On the flip side, a defeat—or a limited ruling—could shift investors’ attention toward challenges in retention, hiring, and the resulting distractions.
Next up for the market: Palantir’s earnings report on Feb. 2, released after U.S. trading hours, followed by a 5 p.m. ET webcast breaking down demand trends and the 2026 outlook. Any new developments in the Percepta lawsuit might stir volatility in the stock ahead of the numbers.
