Palantir raises FY26 revenue forecast to 71% amid strong US commercial and government growth.

Palantir reported strong Q1 FY26 results driven by growth in US commercial and government sectors, with rising revenue per customer and increased adoption of its AIP platform. The company raised its full-year revenue guidance to 71%, reflecting robust momentum, though growth may moderate from recent exceptional levels due to fewer large deals. Despite a high forward price-to-earnings ratio of 98x, improving profitability supports the valuation, while higher interest rates delay any re-rating catalyst. Technical analysis suggests a consolidation phase within an ongoing uptrend, presenting a potential buying opportunity ahead of a breakout.