Palantir Technologies (NASDAQ:PLTR – Get Free Report) is expected to announce its Q3 2026 results after the market closes on Monday, November 2nd. Analysts expect the company to announce earnings of $0.4084 per share and revenue of $2.18 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q3 2026 earnings results 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 posted its quarterly earnings data on Monday, August 3rd. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the company posted $0.16 earnings per share. The firm’s revenue for the quarter was up 92.8% on a year-over-year basis. 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
NASDAQ PLTR opened at $196.75 on Monday. Palantir Technologies has a twelve month low of $106.37 and a twelve month high of $212.94. The stock has a market capitalization of $472.80 billion, a PE ratio of 168.16, a P/E/G ratio of 3.46 and a beta of 1.60. The stock has a 50-day simple moving average of $184.76 and a 200 day simple moving average of $153.82.
More Palantir Technologies News
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
Insider Buying and Selling at Palantir Technologies
In related news, insider Ryan D. Taylor sold 18,000 shares of Palantir Technologies stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $201.15, for a total transaction of $3,620,700.00. Following the sale, the insider directly owned 274,667 shares of the company’s stock, valued at $55,249,267.05. This trade represents a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 2,055 shares of Palantir Technologies stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $174.83, for a total value of $359,275.65. Following the sale, the insider directly owned 58,171 shares in the company, valued at approximately $10,170,035.93. This trade represents a 3.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders have sold 560,390 shares of company stock valued at $97,909,177 in the last three months. Company insiders own 9.53% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the company. Mizuho raised their target price on Palantir Technologies from $215.00 to $245.00 and gave the company an “outperform” rating in a report on Thursday, October 15th. Raymond James Financial upgraded Palantir Technologies from a “hold” rating to a “moderate buy” rating in a report on Thursday, October 8th. Rosenblatt Securities reiterated a “buy” rating and set a $225.00 price target on shares of Palantir Technologies in a report on Wednesday, September 23rd. Robert W. Baird set a $250.00 price objective on Palantir Technologies in a research report on Monday, October 12th. Finally, Citigroup raised their price objective on shares of Palantir Technologies from $245.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Palantir Technologies currently has an average rating of “Moderate Buy” and an average target price of $203.48.
About Palantir Technologies
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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