Morgan Stanley increased Palantir's stock price target from $205 to $233 after the company reported a 96% surge in Q3 revenue and significant margin expansion. The bank highlighted growing demand for sovereign AI solutions as a key growth driver, with Palantir enabling customers to train AI models using their own data. Despite strong financial results and raised revenue forecasts for 2027, Palantir shares fell 6% in pre-market trading, reflecting investor concerns about valuation. Morgan Stanley maintains an "Equalweight" rating, signaling cautious optimism about the stock's long-term prospects amid high valuation risks.
Palantir Technologies Inc (PLTR) trades at USD 166.75 on Pluang, down 6.50% as of Nov 03, 2026 16:51 WIB, reflecting the pre-market drop noted in the article. The stock's market cap stands at $442.43 billion with a 52-week high of $209.05 and a 52-week low of $107.27. Despite Morgan Stanley's raised price target, Pluang order activity shows a slight majority of selling at 54%, indicating mixed investor sentiment.
Apple shares fell 4.4% and Palantir shares dropped 5.9% in premarket trading following their earnings announcements. Apple reported better-than-expected overall revenue for the fourth quarter but missed estimates on iPad sales and issued a disappoint...
Palantir reported strong Q3 results with revenue and earnings per share surpassing expectations, driven by significant growth in its commercial segment which rose 113%, outpacing the government segment's 81% increase. Key metrics like net dollar rete...
Palantir Technologies reported its first quarter with revenue exceeding $2 billion, beating Wall Street expectations. Despite this strong performance, the company's stock dropped 3% in after-hours trading due to worries about a slowdown in U.S. comme...
Palantir Technologies reported strong Q3 2026 revenue growth in the U.S., with commercial revenue up 148% year-over-year, surpassing government sales. However, the company continues to face challenges expanding internationally, raising concerns about...
Palantir Technologies reported a strong Q3 with 96% year-over-year revenue growth and a 148% increase in U.S. commercial revenue. However, the company’s Q4 guidance indicates a slowdown in growth for the first time in over three years. Concerns remai...
