FeesSafety
Pluang+

Palantir shares drop 8% despite $2B quarterly revenue, due to slowing bookings growth.

Market News
03 Nov 2026, 14:06 WIB
Market Watch
View Source
Bearish
Palantir shares drop 8% despite $2B quarterly revenue, due to slowing bookings growth.

Palantir Technologies reported its first quarterly revenue exceeding $2 billion, marking a significant milestone. However, the company's stock fell 8% in premarket trading, as analysts and investors reacted negatively to a slowdown in bookings growth. This suggests concerns about future sales momentum despite the strong revenue figure. The stock decline highlights investor sensitivity to growth metrics beyond headline revenue numbers.

Following the news of Palantir's revenue milestone and stock drop, the shares are down 7.59% on Pluang as of Nov 03, 2026 19:11 WIB. Palantir trades at USD 164.81 with a market cap of $428.56 billion. The platform shows a balanced order flow, with 54% sell and 46% buy activity, reflecting mixed investor sentiment.

More News (PLTR)

Palantir posts record 96% Q3 revenue growth but warns of slowing international expansion.

Palantir posts record 96% Q3 revenue growth but warns of slowing international expansion.

Palantir Technologies reported a 96% year-over-year revenue increase in Q3 2026, driven mainly by strong U.S. commercial growth. However, its international expansion remains weak, adding only 6 new commercial customers abroad compared to 156 in the U...

Company Fundamentals
Bearish
5 hours ago
Morgan Stanley raises Palantir price target to $233 on strong Q3 revenue and AI growth potential

Morgan Stanley raises Palantir price target to $233 on strong Q3 revenue and AI growth potential

Morgan Stanley increased Palantir's stock price target from $205 to $233 after the company reported a 96% surge in Q3 revenue and significant margin expansion. The bank highlighted growing demand for sovereign AI solutions as a key growth driver, wit...

Analyst Insights
Bullish
9 hours ago
Apple and Palantir shares drop after earnings reports miss some expectations

Apple and Palantir shares drop after earnings reports miss some expectations

Apple shares fell 4.4% and Palantir shares dropped 5.9% in premarket trading following their earnings announcements. Apple reported better-than-expected overall revenue for the fourth quarter but missed estimates on iPad sales and issued a disappoint...

Company Fundamentals
Bearish
9 hours ago
Palantir beats Q3 revenue and EPS estimates, raises guidance but valuation now calls for hold rating.

Palantir beats Q3 revenue and EPS estimates, raises guidance but valuation now calls for hold rating.

Palantir reported strong Q3 results with revenue and earnings per share surpassing expectations, driven by significant growth in its commercial segment which rose 113%, outpacing the government segment's 81% increase. Key metrics like net dollar rete...

Company Fundamentals
Bullish
11 hours ago
Palantir beats earnings but shares fall 3% amid concerns over slowing U.S. commercial growth

Palantir beats earnings but shares fall 3% amid concerns over slowing U.S. commercial growth

Palantir Technologies reported its first quarter with revenue exceeding $2 billion, beating Wall Street expectations. Despite this strong performance, the company's stock dropped 3% in after-hours trading due to worries about a slowdown in U.S. comme...

Company Fundamentals
Bearish
18 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App