Here's a question that keeps a lot of people up at night: can getting a mortgage be less of a headache? More specifically, can it be cheaper and faster? The data-mining and artificial intelligence company Palantir Technologies Inc. (PLTR) thinks it can help, and it's bringing a partner to the closing table.
Palantir and a company called Moder, which specializes in mortgage technology, announced a partnership on Thursday. Their mission is to build an AI-powered platform for handling mortgages. They already have a willing first customer to test it out: Freedom Mortgage.
The idea is to mash up Palantir's data-crunching and AI muscles with Moder's deep knowledge of how the mortgage industry actually works. The resulting platform is supposed to plug into the systems lenders already use and automate the complicated, rule-heavy parts of the process. Think of translating a 500-page manual of lending policies into software that can actually execute and audit those rules.
The companies say they're not just talking about it—they're doing it. Early versions of the platform are already running at Freedom Mortgage for several processes. The claim is that these tools are making things faster and more accurate, helping loan officers work more efficiently and supposedly giving borrowers a better experience.
So, what's the big-picture goal here? Moder's Chairman, Michael Middleman, put it plainly: to "reshape the future of our industry" by making homes more affordable, lowering the cost to borrow money, and opening up homeownership to more people. Moder's CEO, Erik Anderson, added that the tech is already showing "measurable operational gains" and will help roll out customized, automated solutions for other clients.
From the customer's side, Freedom Mortgage's COO, Mike Patterson, pointed to improvements in "servicing speed and ease." Palantir's Elias Davis framed it as a data problem: the platform can pull together all the information from across the entire life of a mortgage—from application to servicing—and manage AI workflows from start to finish. In short, it's a full-court press to use AI to drag the often-archaic mortgage industry into the modern era.
What's Going On With Palantir's Stock?
While the company is making deals, its stock is telling a story of its own. On the technical side, the picture is mixed. Palantir is currently trading about 4.3% above its 20-day average, which suggests some recent strength. But it's still roughly 8.8% below its 100-day average, hinting at some longer-term pressure. Over the past year, though, shareholders have little to complain about—the stock is up a whopping 77.43% and is trading much closer to its 52-week high than its low.
The Relative Strength Index (RSI) is sitting at 54.63, which is smack in the middle of neutral territory. The stock isn't overbought or oversold here. Meanwhile, the MACD indicator, at 1.7011, is well above its signal line (0.1973), which is typically read as a sign of bullish momentum. Put the neutral RSI and bullish MACD together, and you get a mixed signal—traders might want to keep an eye out for which way the momentum breaks next.
- Key Resistance: $161.50
- Key Support: $126.50
What Are the Analysts Saying?
Palantir is expected to report its next earnings on May 4, 2026. The estimates are looking for significant growth:
- EPS Estimate: 26 cents (Up from 13 cents)
- Revenue Estimate: $1.54 billion (Up from $883.86 million)
One thing to note: that growth comes with a premium price tag. The stock trades at a P/E ratio of about 242.5x. The analyst community, however, seems broadly undeterred by that valuation. The consensus rating on the stock is a "Buy," with an average price target of $196.43. Recent moves from analysts include:
- UBS: Buy (Raises Target to $200.00) (Mar. 18)
- Wedbush: Outperform (Maintains Target at $230.00) (Mar. 16)
- Rosenblatt: Buy (Raises Target to $200.00) (Mar. 3)
ETF Exposure: Why Fund Flows Matter
Palantir isn't just a stock people buy directly; it's a major piece of several exchange-traded funds (ETFs). This means when money moves into or out of these funds, the managers have to automatically buy or sell Palantir shares to match. That can create its own momentum. Some of the ETFs where Palantir has a heavy weight include:
Because Palantir makes up such a large slice of these pies, big inflows or outflows for the ETFs can force significant automatic trading in PLTR stock itself.
Price Check
As for the stock's immediate move on the news? Palantir shares were down a slight 0.34% at $152.25 in premarket trading on Thursday.
