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Palantir shares jump nearly 29% in two months on strong AI-driven revenue growth and new partnerships.

Company Fundamentals
09 Sep 2026
Finbold
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Bullish
Palantir shares jump nearly 29% in two months on strong AI-driven revenue growth and new partnerships.

Palantir's stock rose about 28.8% from July to now, driven by a 93% year-over-year revenue increase to $1.94 billion in Q2 2026 and strong profitability. The company expanded its AI offerings through new partnerships with Nebius and PwC, alongside defense contracts like the U.S. Army’s TITAN program. Management raised its 2026 revenue forecast to around $8.15 billion, reflecting confidence in continued AI adoption. However, the stock trades at high earnings multiples, indicating elevated investor expectations.

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