It is a weird time to be a Palantir investor. Honestly, if you’d looked at the ticker a couple of years ago, seeing PLTR stock price today per share sitting around $178.96 would have felt like a fever dream. We’re talking about a company that used to hang out in the single digits and teens for what felt like forever.
Yesterday, Tuesday, January 13, 2026, the stock took a tiny breather, dipping about 0.25%. It closed at $178.96 after bouncing between a low of $176.14 and a high of $181.09. It's basically a tug-of-war right now. On one side, you have the "AIP is taking over the world" crowd, and on the other, you have the "this valuation is absolutely nuts" camp.
The $179 Pivot: What is Happening with PLTR Stock Price Today Per Share?
If you are looking at your screen today, Wednesday, January 14, 2026, the pre-market action is hovering around $178.20. It’s quiet. Maybe too quiet?
The reality is that Palantir has moved from being a "meme-adjacent" cult favorite to a legitimate S&P 500 heavyweight. Since its inclusion in the index back in late 2024, the institutional "must-buy" pressure has changed the floor for this stock. But being at the top comes with a lot of scrutiny.
People are obsessed with the PLTR stock price today per share because the company is currently trading at a price-to-earnings (P/E) ratio of over 418. To put that in perspective, the average software company usually sits somewhere around 30. You’re paying a massive premium for Alex Karp’s vision and the hope that their Artificial Intelligence Platform (AIP) becomes the operating system for the modern enterprise.
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The Growth Engine: Commercial vs. Government
For a long time, the bear case was simple: "They only have a few big government customers."
That story is dead.
In the last reported quarter (Q3 2025), the U.S. commercial revenue grew by a staggering 121% year-over-year. That is not a typo. They brought in $397 million just from U.S. businesses. Companies are basically lining up for these "bootcamps" where they learn to integrate AI into their actual workflows in days, not months.
- U.S. Commercial Revenue: Up 121% to $397M.
- U.S. Government Revenue: Up 52% to $486M.
- Total Revenue: $1.18 Billion (up 63% Y/Y).
- Rule of 40 Score: A massive 114%.
When a company hits a Rule of 40 score that high, Wall Street tends to ignore the high valuation for a while. It’s why Citi recently upgraded their price target to $235, even though they admitted the stock looks "expensive" on paper.
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What the Big Money is Doing
It’s not all sunshine. Director Alexander Moore has been offloading some shares lately. On January 2, 2026, he sold several batches of stock ranging from 1,000 to 1,700 shares. Usually, insider selling isn't a huge deal—people need to pay taxes or buy houses—but when the stock is near all-time highs, people notice.
Schwab’s latest Trading Activity Index (STAX) also showed that retail clients were "net sellers" of Palantir in December. Basically, folks who bought in low are taking their wins and moving on. Can you blame them? The stock has gained over 1,700% since its IPO.
Why Analysts are Split
The "average" price target right now is roughly $189.50. That’s not much higher than where we are today.
- The Bulls (BofA, Citi): They see a "supercycle" driven by AI and defense spending. They think the current price is just a pit stop on the way to $250+.
- The Neutrals (Goldman Sachs, UBS): They love the tech but hate the price. They’re mostly waiting for a dip to the $160 range before getting excited again.
- The Bears (RBC Capital): They worry that once the initial "AI hype" settles down, the revenue growth will normalize and the stock will fall back to earth.
What is Next? Mark Your Calendar
The next big catalyst is the Q4 2025 earnings report, expected around February 2, 2026.
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Wall Street is looking for earnings of about $0.23 per share. If they beat that, especially if they show another triple-digit jump in commercial customer count, $200 could be back on the menu fast. If they miss, or even just "meet" expectations, that sky-high P/E ratio might start to look a little heavy.
Actionable Insights for Investors
If you're holding PLTR or thinking about jumping in, here is the move:
- Watch the $176 Support: The stock has shown a lot of buying interest around the $176.14 level. If it breaks below that, the next stop could be $165.
- Don't FOMO at the Highs: With the stock hovering near its 52-week high of $207.52, jumping in with a "full position" today is risky. Consider dollar-cost averaging.
- Monitor the Bootcamps: The real indicator of future growth isn't the stock price—it's the "Remaining Deal Value" (RDV). If that continues to grow at 150%+, the stock price will eventually follow.
- Tax Planning: If you’re sitting on 1,000% gains, talk to a pro. A lot of long-term holders are waiting for the 1-year mark to hit that lower capital gains rate.
Basically, the PLTR stock price today per share is a reflection of a company that has finally proven it can make money, not just build cool software for spies. Whether it can maintain this velocity is the billion-dollar question.
Keep an eye on the pre-market trends for January 14. If it stays stable above $178, the bulls are still in control of the narrative.
Next Steps: Review your portfolio's exposure to high-multiplier tech. If Palantir makes up more than 10-15% of your holdings, the current price represents a solid opportunity to rebalance before the February earnings volatility kicks in.