Palantir Pushes Higher in Premarket as Software Sector Remains Volatile

1 min read
Source: Benzinga
Palantir Pushes Higher in Premarket as Software Sector Remains Volatile
Photo: Benzinga
TL;DR Summary

Palantir Technologies’ shares rose in premarket trading on Monday, extending Friday’s gains amid ongoing volatility in the software sector and a recovering broader market. The stock sits below its 20‑day and 100‑day SMAs with mixed momentum indicators (neutral RSI, bearish MACD), signaling cautious upside. Palantir is due to report on May 4, 2026, with an expected EPS of about 0.26 and revenue around $1.54 billion, while analysts show mixed ratings and targets, highlighting the stock’s premium valuation.

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