Palantir stock extends gains on 93 percent Q2 revenue growth
Published on 09/20/2026 at 11:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Palantir stock (US69608A1088) ended at USD 177.64 on September 18, 2026, after a 0.79 percent rise, with 39.30 million shares changing hands and a day range of USD 172.00 to USD 177.75. The latest reported quarter still sets the pace: revenue jumped 93 percent year over year to USD 1.94 billion in Q2 2026, and management lifted full-year 2026 revenue guidance to USD 8.15 billion to USD 8.16 billion.
Q2 growth stays the anchor
In that quarter, Palantir reported U.S. commercial revenue growth of 149 percent and said adjusted free cash flow reached USD 1.22 billion. The company also described its Rule of 40 score as 155, a figure that combines growth and margin discipline and explains why the stock keeps trading on expectations as much as on delivered results.
That mix matters because Palantir's own guidance implies roughly 82 percent full-year revenue growth in 2026, a comparison that frames the current valuation debate more clearly than the headline price alone. A stock that closed at USD 177.64 is now being weighed against a revenue base that management says can still expand to more than USD 8.1 billion this year.
Sentiment remains split
According to Yahoo Finance on September 19, 2026, the stock traded near USD 176, while the same report cited a current analyst consensus target of USD 196.84. The article also said the modeled five-year base case points to USD 217.44, with a bull case at USD 287.10 and a bear case at USD 162.84.
That leaves investors with a clear tension: the share price already sits close to the recent trading band, but the latest reported growth rate and raised guidance still support a premium multiple. For now, the next read-through is whether execution can keep the 93 percent quarterly revenue growth and the USD 8.15 billion to USD 8.16 billion outlook intact.
Stock near the band
Palantir stock closed at USD 177.64 on September 18, 2026, after trading between USD 172.00 and USD 177.75, with average daily volume listed at 39.30 million shares. The stock's 52-week range in the same price history was USD 106.37 to USD 207.52.
Palantir stock facts
- Company: Palantir Technologies Inc.
- ISIN: US69608A1088
- Ticker: PLTR
- Trading venue: Nasdaq
- Price (as of September 18, 2026): USD 177.64
- Market capitalization: USD 423.52 billion (as of September 20, 2026)
- Sector / Industry: Information Technology / Application Software
- Index membership: S&P 500
