Palantir is an artificial intelligence, analytics, and automated decision-making company that leverages data to drive efficiency across its clients' organizations... Show more
Palantir Technologies is a data analytics and artificial intelligence software company founded in 2003. Its core platforms include the Artificial Intelligence Platform (AIP), which helps organizations deploy AI into operations while retaining control over proprietary data; Foundry, its commercial operating system; Gotham, used by government, defense, and intelligence customers; and Apollo, a software deployment and management layer. The company maintains a distinctive dual footprint spanning U.S. government agencies and a fast-growing commercial enterprise base. Palantir is widely regarded as the largest AI supplier to the U.S. military and has increasingly positioned itself as a platform for "AI sovereignty," enabling enterprises and governments to integrate AI without surrendering data to third-party model providers. Investors track the stock closely as a bellwether for enterprise AI adoption and the monetization of artificial intelligence.
Over the last 30 days, PLTR advanced roughly 46%, rising from a closing price of about $122.92 to $179.94. The catalyst was a single-session surge of approximately 29.5% on August 4, the stock's largest one-day gain since February 2024, following the company's second-quarter report.
The trailing three-month picture is more nuanced. From a close near $137 in late May to $179.94, the shares gained about 31%. That net advance, however, masked substantial volatility: after peaking above $160 in early June, the stock slid to roughly $107 by late June—a drawdown of about one-third—before stabilizing in July and breaking out on the August earnings print.
The primary driver was Palantir's second-quarter 2026 earnings report, released after the market close on August 3. Revenue reached $1.94 billion, up 93% year over year and above the roughly $1.8 billion consensus. Adjusted earnings per share came in at $0.41, versus a $0.35 estimate, while GAAP net income reached $1.06 billion, a 55% net margin. U.S. commercial revenue climbed 149% to $764 million, and U.S. government revenue rose 90% to $809 million.
The company closed 220 deals worth at least $1 million, including 98 deals of at least $5 million and 73 of at least $10 million. Total contract value rose 49% to $3.37 billion. Adjusted free cash flow reached $1.22 billion, and Palantir's "Rule of 40" score hit 155%. Management raised full-year 2026 revenue guidance to $8.15 billion to $8.16 billion, implying roughly 82% growth, and lifted its U.S. commercial revenue target to more than $3.42 billion.
CEO Alex Karp described the quarter as "otherworldly" and pointed to accelerating "AI sovereignty" demand. Analysts responded constructively, with Piper Sandler reiterating an Overweight rating and a $230 price target, while Citi noted the results weakened the bearish argument that rising AI competition would undermine Palantir. A same-day expanded agreement with Mercury Systems further highlighted the company's role in defense supply chains. Notably, the shares had been down roughly 29% for 2026 ahead of the report, so the earnings beat triggered a sharp sentiment reversal.
The quarterly trend was shaped by shifting sentiment across the AI software complex. Early in the period, Palantir rallied on enthusiasm for applied AI and its expanding commercial franchise. That momentum reversed in June, when the stock fell sharply amid broader AI-sector rotation and investor concern that frontier model developers could compress demand for Palantir's platform. The shares bottomed in late June before recovering as the company's consistent execution and growing U.S. commercial backlog reasserted themselves. The August earnings report—combining accelerating growth with expanding margins and a large guidance increase—converted that recovery into a decisive breakout, reinforcing the narrative that Palantir is moving from government contractor to a diversified AI platform spanning both defense and enterprise customers.
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Investors will likely focus next on third-quarter 2026 results and any updates to guidance, with management having guided Q3 revenue to $2.16 billion to $2.164 billion. The sustainability of 149% U.S. commercial growth will be a key test, given the company's stated ambition to maintain or exceed that pace. Valuation remains a central risk, as the stock trades at a premium multiple of trailing earnings, leaving little room for a softer quarter. Other factors to monitor include U.S. government budget and policy shifts, the pace of enterprise AI adoption, competition from model providers and cloud platforms, and the comparatively slower growth in international commercial revenue. Analyst estimate revisions and price targets may also shape sentiment in the months ahead.
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The Moving Average Convergence Divergence (MACD) for PLTR turned positive on August 04, 2026. Looking at past instances where PLTR's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on August 04, 2026. You may want to consider a long position or call options on PLTR as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
PLTR moved above its 50-day moving average on August 04, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for PLTR crossed bullishly above the 50-day moving average on August 05, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a +3 3-day Advance, the price is estimated to grow further. Considering data from situations where PLTR advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PLTR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
PLTR broke above its upper Bollinger Band on August 07, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PLTR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (44.248) is normal, around the industry mean (22.706). P/E Ratio (153.795) is within average values for comparable stocks, (70.701). Projected Growth (PEG Ratio) (2.410) is also within normal values, averaging (2.165). PLTR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.021). P/S Ratio (75.188) is also within normal values, averaging (111.908).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows