Palantir (PLTR) is scheduled to report third-quarter 2026 results on Nov. 2 after the bell. Consensus expects EPS of 41 cents, up 95.2%, and revenue of 2.17 billion USD, up 83.9%, with Government revenue at 1.04 billion USD (up 63.9%) and Commercial revenue at 892.1 million USD (up more than 100%). Two estimates were revised downward in the past 30 days, but Palantir has beaten consensus in each of the last four quarters, with an average surprise of 15.8%. The Earnings ESP is -2.44% and the Zacks Rank is #3. Shares have risen 60% over three months and trade at 217.71x trailing EV/EBITDA versus an industry 12.13x, and at 89.01x forward earnings versus 28.30x. The article suggests holding current positions rather than adding aggressively before earnings.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Palantirearningsvaluationartificial intelligence
Open a keyword to see other news on the same topic.
Related news
- Should You Buy Palantir Stock Before Nov. 2?
Palantir Technologies is set to report third-quarter results on Monday, November 2, after its shares have climbed 57% since the second-quarter report on August 3. Consensus estimates project third-quarter revenue of $2.18 billion and EPS of $0.41, implying annual revenue growth of 85% and earnings growth of 95%. Demand for its Artificial Intelligence Platform (AIP) is reported to be accelerating across both commercial and government businesses. The article notes that the stock's roughly 87 times forward earnings valuation already reflects very high expectations, leaving shares vulnerable to sharp moves if results or guidance fall short; even a beat does not guarantee a share price rise. Rather than a sizable pre-earnings investment, the author argues that gradually accumulating shares over the long run is a more disciplined approach.
- Forget Palantir: This AI Stock Has a Better Setup
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.
- I Said Palantir Stock Would Top $220 This Year. Here's What It Has to Prove on Nov. 2.
The author maintains his prediction that Palantir will reach $220 per share before the end of 2026, though shares traded at $190 to $198 on Friday. Palantir reports third-quarter earnings on Nov. 2, and he says it needs three things: quarterly revenue above $2.3 billion (management guided to about $2.16 billion, roughly 12% sequential growth versus about 19% in Q2), evidence that its AI sovereignty efforts are producing meaningful business, and an adjusted operating margin above Q2's 62%. Q2 revenue rose 93% year over year to $1.94 billion. He notes the stock is not cheap and says reaching $220 this year will require more than another good earnings report.
- JPMorgan starts Palantir at Overweight, calls it a disruptive AI leader
JPMorgan initiated coverage of Palantir Technologies with an Overweight rating and a December 2027 price target of $262 per share, adding the stock to its Analyst Focus List. Analyst Brian Essex wrote that enterprises are moving from deploying AI to seeking returns on it, and that Palantir is already delivering ROI, with revenue growth accelerating for the 12th straight quarter to 93% year over year. Non-GAAP operating margin reached 62% and free cash flow grew 126% last quarter. JPMorgan said the $262 target equals 55 times its 2028 EV/free cash flow estimate on $11.7 billion of free cash flow, and forecasts three-year free cash flow growth of 77% through 2028. The bank also placed Palantir on Positive Catalyst Watch ahead of its Nov. 2 earnings report.
- 2 Standout AI Stocks That Can Plunge Up to 93%, According to Select Wall Street Analysts
The article cites the lowest price targets from some Wall Street analysts, which suggest Palantir (PLTR) and Tesla (TSLA) could fall as much as 93%. Jefferies' Brent Thill expects Palantir to drop to $80, a 59% decline, even though the stock has risen more than 2,300% since October 2022; he doubts its growth can last and questions its premium valuation, with a P/S of about 82 after topping 100 at the start of 2026. GLJ Research's Gordon Johnson forecasts Tesla at $24.86, roughly 93% lower, based on a 15x forward P/E and a 9% discount rate. Johnson criticizes Tesla's full self-driving (FSD) software, which has not progressed beyond Level 2, and argues that a forward P/E of 172 is too high given expected low-double-digit annual sales growth in 2026 and 2027.
- Will Palantir Technologies Stock Hit $300 Before the End of 2026?
Anthropic's IPO could value the company at over $2 trillion, above the valuation SpaceX reached when it went public earlier this year, which may draw investor attention to AI stocks. Palantir CEO Alex Karp has called frontier AI labs like Anthropic too risky, and the article suggests investors may find Palantir, valued below $500 billion, a more favorable AI stock. The stock trades near $200, close to its 52-week high; in its last quarter, revenue grew 93% to $1.9 billion and operating income was 47% of revenue, with third-quarter results expected next week. The author estimates that reaching $300 would require a market cap above $700 billion, about a 50% rise, which seems unlikely in a short period given the stock trades above 170 times earnings. In the author's view, at its current valuation the downside risk looks greater than the upside potential.
Related markets
Latest news
- Good News on Electricity Prices and Fuel Excise Tax
Deputy Prime Minister Nguyễn Văn Thắng said the Government has directed Vietnam Electricity (EVN) to cut costs in order to reduce retail electricity prices by about 2% until 31 March 2027. From November to year-end, about 4,000 billion VND is planned for cutting the special consumption tax on petrol from 7% to 0%, on top of about 64,000 billion VND in fuel tax and fee reductions since the start of the year. GDP grew about 9.01% in the first nine months despite oil prices above USD 110 per barrel and additional US tariffs; reaching the 10% annual target requires 12.5% growth in Q4. Average CPI rose 4.52% in the first nine months, and the petrol tax cut and electricity price reduction are expected to create about 0.07 percentage points of room to keep inflation within the National Assembly's 4.5% target. As of 29 October, public investment disbursement exceeded 720,000 billion VND, above 75% of plan; full disbursement is expected to add about 2.5 percentage points to Q4 growth.
- Addressing Gaps in Business Travel Cost Control for Vietnamese Companies
According to GBTA, global business travel spending is forecast to reach 1.71 trillion USD in 2026, up 7.2%, while trip volume grows only 1.3%, and is expected to pass 2 trillion USD by 2030. In Vietnam, business travel spending is forecast to reach 6.0 billion USD in 2026, up 13.2%, the fastest growth in Southeast Asia, with the top five economic sectors accounting for 50.2% of the total. A GBTA survey found that 46% of employees use personal cards to earn better rewards, 40% said the reimbursement process takes too long, and 27% waited a long time to receive a corporate card after approval. At a forum in Ho Chi Minh City organized by Visa, speakers argued that companies should shift from post-trip audits to controlling spending at the point of decision and payment, by linking payment tools, policies and spending data.
- Down 33.3% This Year, Is Netflix the Best Value Stock to Buy in November?
Netflix shares are down 33.3% year to date at the time of writing and have lost 4.4% over the past five years, while the S&P 500 returned 80% in total over the same period. Netflix trades at 17.5 times forward earnings, a discount to the S&P 500's 18.7 forward price-to-earnings ratio, even as its earnings and sales keep rising. The article explains that Netflix has shifted from a growth stock to a value stock, as it stopped reporting quarterly subscriber numbers and average revenue per subscriber in 2025, and investors appear concerned about whether growth will slow. The author argues that Netflix's predictable subscription revenue and profitability focus can sustain its streaming leadership, and considers it one of the best value stocks available now.
- Here's Why I'm Buying Bitcoin Right Now
Bitcoin rose more than 40% in the third quarter and has drawn renewed attention from top investors, though it remains down 37% from its all-time high of $126,000 reached in October 2025. The author cites a JPMorgan Asset Management forecast of 10% annualized gains for Bitcoin over the next decade, versus 7.5% for stocks, 6% for bonds and 5.5% for gold. He argues Bitcoin's lack of correlation with major asset classes can help diversify portfolios during stock downturns, and that institutional adoption has grown since 2021 through ETFs, treasury companies and corporate holdings, with sovereign governments a possible next source of demand. Even if Bitcoin's price gains are less dramatic, he says he is comfortable with it becoming a more mainstream asset, and that he is focused on buying it right now.
- Reddit (and everyone else) faces a bleak internet without Google traffic
Reddit said search referral traffic from Google fell meaningfully in the last quarter as Google's shift to AI Mode and AI Overviews stopped sending users to sites, and its stock dropped 30% on Friday. CEO Steve Huffman said people still want Reddit but Google is no longer sending them there as before, and Reddit plans to require all users to create accounts and sign in to access the site. Alphabet lost almost $500 billion in market value after reporting a slowdown in its core search advertising business, partly due to lower profitability of AI ads. Other publishers are turning to subscriptions and partnerships with AI companies, while Google maintains that its AI efforts will create a more profitable business model. Google's P/E ratio has fallen to levels not seen since 2012.
- MB SME: Connecting Leaders on the Court and in Business
MB will host the MB SME CEO MEET 2026 – The Champs Meet The Champs in Hanoi on 27/10/2026, featuring Hayden Patriquin and leading international pickleball players alongside about 500 guests, including 150 representative SME CEO clients. The event includes Pro-Am matches, meet & greets, CEO Networking and Business Matching to expand business relationships and cooperation opportunities. From 21/10/2026, MB applies a loan interest rate reduction of 1.5–2% per year for new disbursements in five priority industry groups, subject to program conditions. Eligible clients at the event can access the SME Premier package worth up to 220 million VND, while MB aims to connect its more than 400,000 SME customers within its ecosystem.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.