Palantir Technologies Inc PLTR shares are pulling back during Monday’s session by 2.74% to $109.52 after the stock gained some 20% over the past week. The recent rally was fueled by a combination of favorable geopolitical developments, major defense partnerships and strengthening technical signals.

What To Know: Palantir recently broke through a key resistance level near $97.75, reinforcing the stock’s momentum and hinting at the potential for a continued uptrend. The broader market rebound, following recent comments from President Donald Trump regarding Federal Reserve leadership, has also provided a supportive backdrop.

Palantir’s gains are also being driven by its expanding role in the defense and government technology sectors. The company’s recently announced partnership with Northrop Grumman on the U.S. Army’s Tactical Intelligence Targeting Access Node (TITAN) program marks a significant evolution from its traditional software-focused model.

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TITAN, a mobile battlefield intelligence platform integrating Palantir’s AI with advanced defense hardware, saw its first units delivered to the Army earlier this year.

Additionally, Palantir recently announced a collaboration with Google Public Sector to bolster cloud security compliance for federal agencies via its FedStart platform, further cementing its position in defense tech.

Investors are now turning their attention to Palantir’s upcoming earnings report, set for May 5. Analyst consensus estimates project EPS of 11 cents on revenue of approximately $799.36 million.

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How To Buy PLTR Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Palantir Technologies’ case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, PLTR has a 52-week high of $125.41 and a 52-week low of $20.50.