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Palantir shares rise on strong Q2 results and Goldman Sachs upgrade, targeting mid-$200s.

Analyst Insights
08 Oct 2026
Seeking Alpha
View Source
Bullish
Palantir shares rise on strong Q2 results and Goldman Sachs upgrade, targeting mid-$200s.

Palantir Technologies reported strong Q2 results with 94% year-over-year revenue growth, $1.06 billion GAAP net income, and a 62% adjusted operating margin. These robust financials led to upward revisions in guidance, supported by growing AI platform adoption and deep customer partnerships driving U.S. commercial growth. Goldman Sachs upgraded Palantir, citing its strong technical momentum and positioning for further outperformance. Despite risks like high valuation and share dilution, strong Q3 results could push the stock higher.

As of Oct 08, 2026 23:03 WIB, Palantir Technologies (PLTR) trades at USD 198.39 on Pluang, showing a 1-day gain of 2.24%. The stock's market capitalization stands at $466.48 billion, reflecting significant investor interest. Order activity on Pluang is nearly balanced with 51% buying and 49% selling, indicating cautious optimism among traders.

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