Palantir Technologies reported third-quarter earnings that exceeded Wall Street expectations, with revenue reaching $2.31 billion, nearly doubling from a year ago. For the first time, U.S. commercial revenue of $984 million surpassed U.S. government revenue, driven by strong demand for the company's AI tools. Net income more than doubled to $1.13 billion. Palantir raised its full-year U.S. commercial revenue forecast to over $3.56 billion, reflecting confidence in continued growth. CEO Alex Karp emphasized the need for responsible AI regulation amid rising concerns about AI risks.
Palantir Technologies shares are trading at USD 182.05 on Pluang as of Nov 03, 2026 04:11 WIB, down 1.12% in the last day. The stock's market cap stands at $442.43 billion, reflecting significant investor interest. Trading volume reached 27,070,005 shares, with a typical hold time of 80 days among Pluang users.
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Palantir Technologies is expected to report strong Q3 2026 earnings on November 2, with Wall Street analysts bullish on the stock's future. JPMorgan's Brian Essex initiated coverage with an 'Overweight' rating and a $262 price target, predicting near...
