Palantir reported second-quarter revenue of $1.94B, EPS of $0.41 against estimates of $0.28, and 92.8% revenue growth, and raised its full-year guidance again. The author calls the stock a crowded trade: shares sat at $197.34 premarket, with a trailing P/E of 281 and about 218 times free cash flow, while stock-based compensation rose to $265M in Q2 from $201.6M in Q1. The article notes that customer contracts include termination-for-convenience clauses and much of the revenue depends on U.S. government budgets. It also points to Alphabet, which trades at a trailing P/E of 14 (flattered by a $99.03 billion gain on equity securities), with total revenue up 24% to $119.8 billion, Google Cloud up 82%, and a backlog above $460 billion. Palantir's third-quarter report is expected on November 2 after the close, though the company has not confirmed the date.
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Palantirearningsvaluationartificial intelligence
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Related tickers and likely impact
GOOGL
• NeutralAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/27/2026 | 320.58 |
| Change that session | +1.19% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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