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Palantir shares drop 37.5% despite 85% revenue growth and raised 2026 guidance

Company Fundamentals
08 Jul 2026
Seeking Alpha
View Source
Bullish
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Palantir Technologies saw its stock price fall 37.5% from its peak even as it reported strong Q1 2026 results with 85% revenue growth and a 53% net income margin. US commercial revenue surged 133% year-over-year, and management raised full-year 2026 revenue guidance to $7.65-7.66 billion, projecting 71% annual growth supported by a $4.9 billion backlog. The stock's valuation has reset from 290x to 120x price-to-earnings ratio, presenting a potential long-term investment opportunity, though investors should be cautious due to still high multiples.

More News (PLTR)

Palantir CTO sells $24M in shares amid stock rally and insider trading slowdown.

Palantir CTO sells $24M in shares amid stock rally and insider trading slowdown.

Palantir's CTO and Executive VP Shyam Sankar sold 185,000 shares worth over $24 million on July 2, marking his largest insider sale in 2026. This sale follows a slowdown in insider trading during June, after multiple large sales in May by top executi...

Market News
Neutral
11 hours ago
Palantir strengthens AI role with Nvidia partnership amid rising US enterprise adoption

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Palantir Technologies is advancing as a key AI orchestration platform by integrating models, enterprise data, and workflows. Its partnership with Nvidia enhances opportunities in sovereign AI, addressing government demands for secure AI infrastructur...

Analyst Insights
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1 day ago
Palantir secures major AI deal with Nvidia and U.S. government, boosting federal AI spending potential.

Palantir secures major AI deal with Nvidia and U.S. government, boosting federal AI spending potential.

Palantir Technologies has partnered with Nvidia in a landmark deal with the U.S. government, creating a strong competitive advantage. This collaboration leverages Palantir's government trust and Nvidia's computing power, positioning Palantir to benef...

Market News
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1 day ago
Palantir upgraded to Strong Buy on AI leadership and projected 26%-40% annual returns by 2030

Palantir upgraded to Strong Buy on AI leadership and projected 26%-40% annual returns by 2030

Palantir Technologies Inc. has been upgraded to a Strong Buy due to its leading position in AI application layers and strong product-market fit. Analysts forecast the company’s revenue to grow aggressively to $69 billion by 2030, with net margins nea...

Analyst Insights
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2 days ago
Palantir stock falls 7% in a year despite strong revenue and profit growth

Palantir stock falls 7% in a year despite strong revenue and profit growth

Palantir Technologies' stock dropped about 7% over the past year, falling from $139 to $129.30 per share, despite the company reporting record revenue growth of 85% year-over-year and improved profitability. The company’s strong U.S. commercial and g...

Market News
Neutral
3 days ago
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