Palantir stock weighs 93% revenue growth against valuation
Published on 10/03/2026 at 23:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Palantir stock weighs 92.83 percent second-quarter revenue growth against a USD 453.6 billion market capitalization. On October 2, 2026, the shares closed at USD 188.75 on Nasdaq, down 0.68 percent from the previous session.
Yahoo Finance reported on October 2, 2026, that Palantir delivered Q2 2026 revenue of USD 1.935 billion, up 92.83 percent year over year. Adjusted EPS reached USD 0.41 against a USD 0.28 consensus estimate, marking the ninth consecutive beat cited in the report.
Revenue growth reaches 93 percent
The operating figures explain why the stock remains valued well above many software companies. U.S. commercial revenue grew 149 percent to USD 764 million in Q2 2026, while the company raised full-year 2026 revenue guidance to USD 8.150 billion to USD 8.158 billion, equivalent to 82 percent growth, according to Yahoo Finance.
That growth came with a GAAP operating margin of 47 percent and adjusted operating margin of 62 percent in Q2 2026. The same report said U.S. commercial total contract value rose 153 percent to USD 2.132 billion, giving investors a concrete measure of demand beyond the income statement.
UBS raises its target to USD 250
Valuation remains the counterweight. CNBC reported on September 15, 2026, that UBS analyst Karl Keirstead raised the price target to USD 250 from USD 220 while reiterating a Buy rating. UBS linked the change to Palantir's AI software demand, but also pointed to concerns about a possible growth slowdown and competition in the data software layer.
The target stands USD 61.25 above the October 2 closing price, a 32.45 percent premium. MarketBeat's latest consensus was Moderate Buy with an average target of USD 195.33, only 3.49 percent above the same close, showing the distance between the bullish UBS view and the broader analyst estimate.
Palantir stock stays below its yearly high
Palantir stock closed at USD 188.75 on Nasdaq on October 2, 2026, with a session range of USD 188.26 to USD 194.78. The 52-week range was USD 106.37 to USD 207.52, placing the stock 9.03 percent below its yearly high and 77.50 percent above its yearly low.
Palantir Technologies stock data
- Company: Palantir Technologies Inc.
- ISIN: US69608A1088
- Ticker: PLTR
- Trading venue: Nasdaq
- Closing price (October 2, 2026): USD 188.75
- Market capitalization: USD 453.6 billion (as of October 2, 2026)
- 52-week range: USD 106.37-207.52 (as of October 2, 2026)
- Sector / Industry: Technology / Application Software
- Index membership: S&P 500, Nasdaq-100
