Palantir Q1 2026 earnings eyed amid strong AI growth and mixed analyst views

Palantir Technologies is set to report its Q1 2026 earnings with expectations of $1.54 billion revenue, a 74% increase year-over-year, driven mainly by its Artificial Intelligence Platform. Analysts are divided: HSBC downgraded Palantir due to rising AI competition, while Oppenheimer remains bullish citing strong U.S. government contracts and expanding commercial revenue. The stock has a moderate buy consensus with a wide price target range, reflecting market uncertainty ahead of the report. Investors will watch closely for updates on AI growth and government contracts as key drivers.