Palantir Technologies (NASDAQ:PLTR – Get Free Report) is expected to be releasing its Q3 2026 results after the market closes on Monday, November 2nd. Analysts expect the company to post earnings of $0.4084 per share and revenue of $2.18 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Monday, November 2, 2026 at 5:00 PM ET.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.07. The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The firm’s quarterly revenue was up 92.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.16 earnings per share. On average, analysts expect Palantir Technologies to post $1.31 EPS for the current fiscal year and $1.91 EPS for the next fiscal year.
Palantir Technologies Stock Performance
Palantir Technologies stock opened at $196.75 on Monday. Palantir Technologies has a 12 month low of $106.37 and a 12 month high of $212.94. The stock has a fifty day simple moving average of $184.76 and a two-hundred day simple moving average of $153.82. The firm has a market cap of $472.80 billion, a price-to-earnings ratio of 168.16, a PEG ratio of 3.46 and a beta of 1.60.
Palantir Technologies News Summary
Here are the key news stories impacting Palantir Technologies this week:
- Positive Sentiment: Investors expect Palantir to outperform its third-quarter revenue guidance of approximately $2.16 billion, based on the company’s recent history of exceeding forecasts. A stronger result or raised outlook could support the stock’s rally. Palantir Guided for $2.16 Billion in Revenue for Q3
- Positive Sentiment: Analyst Dan Ives said Palantir and Snowflake are approaching the point where significant AI infrastructure spending translates into software monetization, and he believes Wall Street may be underestimating technology earnings potential. Dan Ives on AI Monetization
- Positive Sentiment: Citi raised its Palantir price target from $245 to $250 while maintaining a Buy rating, adding to bullish expectations ahead of the earnings release. Citi Raises Palantir Stock Price Target
- Positive Sentiment: Palantir is expanding its commercial and government reach through partnerships with Stagwell and Knox Systems, while elevating Aplos Data within its partner network to help deploy Foundry and AIP to additional customers. Palantir and Stagwell Expand AI Partnership
- Neutral Sentiment: The November 2 earnings report is the immediate catalyst. Investors will watch revenue growth, commercial customer momentum, margins and forward guidance to determine whether Palantir can justify its near-record valuation. Should You Buy or Sell Palantir Ahead of Earnings?
- Negative Sentiment: Palantir trades at a very elevated earnings multiple, and some analysts see limited additional upside. Any slowdown relative to expectations could prompt profit-taking or a sharp pullback. Palantir: The Business Is Booming, But the Stock Has a Problem
- Negative Sentiment: ARK Invest trimmed its Palantir position, while concerns about the scalability and economics of forward-deployed AI add pressure to the bullish thesis. Cathie Wood Trims Palantir Shares
Analyst Upgrades and Downgrades
PLTR has been the subject of several research reports. Piper Sandler boosted their price objective on shares of Palantir Technologies from $230.00 to $231.00 and gave the company an “overweight” rating in a report on Friday. Robert W. Baird set a $250.00 target price on shares of Palantir Technologies in a report on Monday, October 12th. UBS Group raised their price target on Palantir Technologies from $220.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, September 15th. Roth Capital assumed coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They set a “buy” rating on the stock. Finally, William Blair restated an “outperform” rating on shares of Palantir Technologies in a research report on Wednesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $203.48.
Read Our Latest Stock Analysis on PLTR
Insider Buying and Selling at Palantir Technologies
In related news, insider Alexander C. Karp sold 492,348 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $174.79, for a total value of $86,057,506.92. Following the completion of the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at approximately $1,124,294,375.82. This trade represents a 7.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Jeffrey Buckley sold 1,250 shares of the business’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $174.29, for a total transaction of $217,862.50. Following the completion of the sale, the insider owned 56,921 shares in the company, valued at $9,920,761.09. This represents a 2.15% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 560,390 shares of company stock worth $97,909,177. Company insiders own 9.53% of the company’s stock.
Palantir Technologies Company Profile
Palantir Technologies Inc develops software platforms that help government agencies and commercial organizations integrate, analyze and act on data. Its products are designed to support complex operations such as defense and intelligence, supply-chain management, manufacturing, healthcare and other data-intensive activities.
Palantir’s principal platforms include Gotham, which is primarily used by government and defense customers; Foundry, which helps commercial and institutional users build data-driven workflows; Apollo, a platform for deploying and managing software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects generative artificial intelligence capabilities with an organization’s data and operational systems.
Founded in 2003, the company initially focused on software for government and national-security applications before expanding into commercial markets.
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