Palantir Technologies Inc. (PLTR) earnings on August 3, 2026

PLTR price around the earnings

162.75

Change: +29.5%

Start of the measured window End of the measured window

125.37 138.33 151.29 164.25 125.65

August 3, 2026 August 4, 2026

Price: green if it ends above the starting price; red if it ends below
Start of the measured window
End of the measured window
Market open
No trading (market closed)
Starting price

Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Accurate

Thesis published: 2026-08-03, 19:54 UTC
Results released: 2026-08-03, 20:09 UTC

Strong earnings beat history and strong analyst conviction are present, but recent negative trend strength and valuation concerns persist.

Context analyzed before publication

Trend: After a strong run-up, the stock experienced a moderate pullback into earnings, maintaining positive trend strength.

Analysts

Evidence

Analyst consensus: Buy
Consensus average (1-5): 1.88
Analysts covering the stock: 27
Average price target: 182.2
Lowest price target: 70
Highest price target: 255
Upside to price target: 44.8%
Quarterly earnings growth: 306.7%
Revenue growth: 84.7%
Forward EPS: 2.09
Trailing EPS: 0.89
Analyst moves in the last 60 days: 7

Strong buy: 1
Buy: 19
Hold: 10
Sell: 1
Strong sell: 1

Strong buy: 1
Buy: 19
Hold: 10
Sell: 1
Strong sell: 1

July 30, 2026 · Rosenblatt: Maintains rating (Buy → Buy)
July 24, 2026 · Citigroup: Maintains rating (Buy → Buy)
July 17, 2026 · DA Davidson: Maintains rating (Buy → Buy)
July 2, 2026 · DA Davidson: Upgrades rating (Neutral → Buy)
June 16, 2026 · Wolfe Research: Upgrades rating (Underperform → Peer Perform)
June 5, 2026 · Rosenblatt: Maintains rating (Buy → Buy)
June 5, 2026 · Wedbush: Reiterates rating (Outperform → Outperform)

News and sentiment

Evidence

Sentiment

Sentiment: Constructive
Mention volume: High
Normalized volume: 99%

News

Sources (6)

Palantir Stock Is Coiled Like a Spring Into Q2 Earnings — Here Are the Levels to Watch (opens in a new tab) — Benzinga
Palantir Stock Faces Its Biggest Test Yet: Can Earnings Justify Its Premium Valuation? (opens in a new tab) — Benzinga
Palantir Earnings Prediction Market Preview: What Will Alex Karp Say? (opens in a new tab) — Benzinga
Mercury Systems And Palantir Agree To Enhance Automation Of Material Planning And Factory Operations To Accelerate Delivery Of Processing Technologies For U.S. Military Programs (opens in a new tab) — Benzinga
Palantir Technologies Stock Is Gaining Monday: What's Going On? (opens in a new tab) — Benzinga
Palantir Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts (opens in a new tab) — Benzinga

Technicals

Evidence

Price when the context was analyzed: 123.03
Average true range (ATR): 5%
Distance to 52-week high: -39.3%
14-day change (14d): -7.1%
30-day change (30d): -2.2%
30-day relative strength: +3.0%
QQQ change (30d): -5.2%
Nearest support: 122.68
Distance to nearest support: 0.3%
Nearest resistance: 123.61
Distance to nearest resistance: 0.5%
Volume accumulation ratio (14d / 46d): 0.76

Mid: 122.68 (0.3% away, 0.06 ATR, 16 touches)
Minor: 121.64 (1.1% away, 0.23 ATR, 1 touches)
Mid: 120.56 (2% away, 0.4 ATR, 23 touches)

Mid: 123.61 (0.5% away, 0.09 ATR, 8 touches)
Major: 125.6 (2.1% away, 0.42 ATR, 29 touches)
Major: 126.53 (2.9% away, 0.57 ATR, 35 touches)

Trends

Evidence

Average earnings surprise: +16.9%

May 4, 2026: actual EPS 0.33 vs estimate 0.28 (surprise +18.1%)
February 2, 2026: actual EPS 0.25 vs estimate 0.23 (surprise +8.6%)
November 3, 2025: actual EPS 0.21 vs estimate 0.17 (surprise +25.5%)
August 4, 2025: actual EPS 0.16 vs estimate 0.14 (surprise +15.6%)

Expected move

Implied move: +7.5%
Source: Options chain

Reactions over its last 20 earnings

Median move: 13.2%
75th percentile move: 21.3%
90th percentile move: 23.5%
Up / down moves: 10 / 10
Average up move: +17.9%
Average down move: -12.0%

Monitoring and close

What Palantir Technologies Inc. reported

Status: Finished

Actual EPS	0.41
EPS estimate	0.35
EPS surprise	+17.1%
Revenue	$1,935 million
Revenue estimate	$1,802 million
Revenue surprise	+7.4%

Palantir reported Q2 revenue of $1.94B with EPS $0.41, beating estimates. The company raised guidance across all key metrics. Shares jumped 9% after hours. CEO discussed Frontier AI on CNBC.

Sources (11)

Live On CNBC, Palantir CEO Delivers Pre Recorded Comments Discussing Frontier AI Models (opens in a new tab) — Benzinga
Palantir (NASDAQ:PLTR) Delivers Q2 Beat and Raises Guidance, Shares Jump (opens in a new tab) — ChartMill
Palantir delivers Q2 beat, lifts full-year guidance (opens in a new tab) — Yahoo Finance Video
Palantir Posts 'Otherworldly' Q2 Double Beat, Raises Guidance Across All Key Metrics (opens in a new tab) — Benzinga
Palantir Earnings Beat As U.S. Sales Growth Reaccelerates (opens in a new tab) — Investor's Business Daily
Palantir Just Crushed Wall Street, and the Stock Is Surging (opens in a new tab) — BeInCrypto
Palantir beat expectations with adjusted earnings of $0.41 per share and sales of $1.935 billion, above forecasts. — Benzinga
CORRECTION: Palantir Technologies Q2 Adj. EPS $0.41 Beats $0.35 Estimate, Sales $1.935B Beat $1.802B Estimate (opens in a new tab) — Benzinga
Palantir Technologies Raises FY2026 Sales Guidance from $7.650B-$7.662B to $8.150B-$8.158B vs $7.694B Est (opens in a new tab) — Benzinga
Palantir Technologies Sees Q3 Sales $2.160B-$2.164B vs $1.997B Est (opens in a new tab) — Benzinga
Palantir CEO Alex Karp Says Anthropic's Dario Amodei Isn't the 'Caricature' Most Americans Think— but Still Calls AI Rivals 'Wildly Unlikable' (opens in a new tab) — Benzinga

Pre-market second reading after the results

Verdict: Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating +15.4% pre-market, a move in line with the stock's usual reaction (about 13%). The figures confirm the optimistic scenario. Across our market history, in the 1,438 similar cases the close held that direction 96% of the time.

How the stock reacted

Outcome: Accurate
Consolidated: +29.4%
Max favorable move (MFE): 30.9%
Max adverse move (MAE): 0.3%