Palantir stock tracks 93 percent Q2 revenue growth

Published on 10/06/2026 at 14:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Palantir stock was last at USD 189.40 on October 5, 2026, while management raised full-year revenue guidance to USD 8.15-8.158 billion. The average analyst target stands at USD 195.33.

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Palantir Technologies (ISIN US69608A1088) was last at USD 189.40 on Nasdaq on October 5, 2026 at 4:00 p.m. ET, up USD 0.65 or 0.34 percent from the prior close. The company’s Q2 2026 revenue reached USD 1.935 billion, up 93 percent year over year, according to Yahoo Finance on August 3, 2026.

Guidance rises to USD 8.158 billion

Palantir raised its full-year 2026 revenue guidance to USD 8.15-8.158 billion, a range that implies 82 percent year-over-year growth. The company also lifted adjusted free cash flow guidance to USD 4.5-4.7 billion, as reported in the Q2 earnings call carried by Yahoo Finance.

The quarter also showed a sharp split between Palantir’s business lines. Commercial revenue grew 110 percent year over year to USD 945 million, while government revenue increased 79 percent to USD 990 million. U.S. commercial revenue rose 149 percent to USD 764 million, making enterprise demand the stronger numerical driver of the quarter.

Analyst target stays above the price

MarketBeat lists a Moderate Buy consensus based on 36 analyst ratings, with an average target of USD 195.33, a high target of USD 255.00 and a low target of USD 80.00. The average target lies 3.13 percent above the USD 189.40 price, a narrower gap than the target range suggests.

UBS raised its target from USD 220.00 to USD 250.00 on September 15, 2026, while maintaining a Buy rating, according to CNBC. That bullish view contrasts with the average target and leaves execution against the raised guidance as the key valuation test.

Stock remains below its yearly high

Palantir’s USD 189.40 price was 8.73 percent below its 52-week high of USD 207.52 and 78.00 percent above its 52-week low of USD 106.37 on October 5, 2026. Trading volume reached 17,670,382 shares, while the market capitalization stood at USD 434.9 billion.

The next reported checkpoint is scheduled for November 9, 2026, according to the company data shown by Makkler. Until then, the investment case rests on whether 93 percent quarterly growth and the USD 8.15-8.158 billion full-year guidance can support a valuation above USD 400 billion.

Palantir stock faces the next growth test

Palantir stock was last at USD 189.40 on Nasdaq on October 5, 2026 at 4:00 p.m. ET. The reported Q2 growth rate, raised guidance and USD 195.33 consensus target define the next measurable checkpoints.