Palantir has beaten earnings estimates nine times running, and its stock rose 24% in a month ahead of the Q3 report expected on November 2, 2026, a date the company has not yet confirmed. Management guided Q3 revenue to $2.160 billion to $2.164 billion. The article's 24/7 Wall St. price target is $213.38, versus a current price of $207.40, and it rates the stock a hold with moderate confidence. Its bull case points to $266.93 at 110x forward EPS, while its bear case falls to $133.46 at 55x, reflecting valuation risk. The author argues that the current price already reflects much of the strong performance and compares Palantir with Snowflake and Microsoft.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Palantir’s Earnings Gamble: Nine Straight Beats Set High Bar for Q3 Results
Read the original on Yahoo Finance ↗
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