After reporting Q1 earnings on May 5, shares of Palantir Technologies (NASDAQ:PLTR) sold-off despite beating Wall Street’s estimates on the top and bottom lines and raising its full-year forecast. But on Thursday,

Palantir Technologies (PLTR) kicked off 2025 with a blockbuster first quarter. This, in part, has helped PLTR stock rise 57% year-to-date, outpacing the 3% drop in the S&P 500 Index ($SPX) amid tariff-induced market volatility.

Palantir Technologies (PLTR, Financials) will report quarterly results after the market closes Monday, and traders are bracing for a major move. Options pricing implies a swing of more than 12%, which could push the stock to a new all-time high near $139or knock it back to $108.