Should You Buy Palantir Stock Before May 5?
Palantir reports first-quarter earnings on Monday, May 5.
So far, 2025 has been a tough one for growth investors. After nearly two years of parabolic gains witnessed in the technology sector, the stock market has started to take a breather thanks to ongoing turbulence around President Donald Trump's new tariff policies.
While traditional no-brainer artificial intelligence (AI) opportunities such as the "Magnificent Seven" have lost their allure for the time being, enterprise software darling Palantir Technologies (NASDAQ: PLTR) is still managing to win over investors.
As of market close on April 29, shares of Palantir have gained 53% this year -- making it the top performer in the Nasdaq-100 by a mile. With first-quarter earnings scheduled for next Monday (May 5), investors may be wondering if now is a good time to hop on the Palantir train.
