Palantir Technologies Inc.

(NASDAQ Global Select)
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Bullish +75

Palantir sets November 2 results date for Palantir stock

Analyst upgrade Earnings report AI-generated analysis

πŸ“… Palantir has officially scheduled its third-quarter 2026 earnings release for November 2, 2026, after U.S. markets close.

πŸ’° The company reported second-quarter 2026 revenue of USD 1.94 billion, marking a significant 93% year-over-year growth.

πŸ“ˆ Adjusted earnings per share for the quarter reached USD 0.41, beating the analyst consensus estimate of USD 0.34.

πŸš€ Palantir raised its full-year 2026 revenue guidance to a range of USD 8.150 billion to USD 8.158 billion, implying roughly 82% growth.

πŸ† Goldman Sachs upgraded Palantir from Neutral to Buy on October 8, 2026, citing sovereign AI and bespoke applications as key catalysts.

🎯 Goldman Sachs set a 12-month price target of USD 230 for the stock following the upgrade.

πŸ“Š The company's first quarter ended March 31, 2026, also showed strong performance with 85% year-over-year revenue growth.

πŸ“‰ Palantir trades within a 52-week range of USD 106.37 to USD 212.94 as of mid-October 2026.

πŸ’Ό The stock currently holds a market capitalization of approximately USD 461.3 billion.

πŸ” Analysts note that the combination of rapid revenue growth and high valuation leaves the upcoming report with a narrow margin for disappointment.

Bullish Signals
  • Palantir reported second-quarter 2026 revenue of USD 1.94 billion, representing a robust 93% year-over-year increase.
  • The company beat analyst expectations with adjusted earnings per share of USD 0.41 versus a consensus estimate of USD 0.34.
  • Palantir raised its full-year 2026 revenue guidance to USD 8.150 billion - USD 8.158 billion, implying approximately 82% growth.
  • Goldman Sachs upgraded the stock from Neutral to Buy on October 8, 2026, with a 12-month price target of USD 230.
  • Analysts specifically cited Palantir's success in sovereign artificial intelligence and bespoke applications as reasons for the bullish upgrade.
Full Analysis
Palantir Technologies Inc. has scheduled the release of its third-quarter 2026 financial results for November 2, 2026, following the close of U.S. markets. The upcoming earnings report is expected to be a critical event given the company's recent trajectory of rapid growth and elevated valuation metrics. In the second quarter of 2026, Palantir reported robust financial performance with revenue reaching USD 1.94 billion, representing a 93% year-over-year increase. Adjusted earnings per share stood at USD 0.41, surpassing the consensus estimate of USD 0.34. This strong operational momentum led the company to raise its full-year 2026 revenue guidance to a range between USD 8.150 billion and USD 8.158 billion. The market reaction to these results has been positive, highlighted by an upgrade from Neutral to Buy by Goldman Sachs on October 8, 2026, with a 12-month price target set at USD 230. Analysts cited the company's success in sovereign artificial intelligence and bespoke applications as key drivers for this bullish stance. Palantir currently trades within a 52-week range of USD 106.37 to USD 212.94, with a market capitalization of approximately USD 461.3 billion.