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Palantir posts ninth earnings beat with 82% revenue growth, stock seen rising 7% to $202.

Company Fundamentals
02 Oct 2026
24/7 Wall Street
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Bullish
Palantir posts ninth earnings beat with 82% revenue growth, stock seen rising 7% to $202.

Palantir reported its ninth consecutive earnings beat with second-quarter revenue up 92.8%, driven by 149% growth in U.S. commercial revenue. The company raised its full-year revenue guidance to $8.15 billion, reflecting 82% growth. Despite a premium valuation, analysts see a 7.1% upside to a $202 price target, supported by strong contract growth and upward earnings revisions. Risks include reliance on government contracts and high stock-based compensation, but Palantir's rapid growth outpaces peers like CrowdStrike and Snowflake, suggesting potential for further gains if momentum continues.

Palantir Technologies Inc is trading at USD 192.44 on Pluang, showing a 1.26% increase in the last day. The stock remains below its 52-week high of USD 207.18 as of Oct 02, 2026 19:52 WIB.

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