Palantir Technologies (PLTR) raised its fiscal 2026 revenue guidance to between $8.15 billion and $8.158 billion, up from $7.66 billion previously, a 6.5% increase that management called its largest full-year guidance raise ever. U.S. revenue grew 115% year over year in the second quarter of fiscal 2026, and U.S. commercial revenue guidance was lifted to more than $3.424 billion from $3.22 billion. The stock closed at $209.00 on October 12, 2026, above its 50-day and 200-day averages, and rose 32.2% over the two sessions around the release, versus 3.3% for the S&P 500. Reaching the guide requires about $4.6 billion of revenue over the remaining two quarters, implying 77.2% growth versus 89.0% in the two reported quarters. The stock trades at 166.3 times earnings, compared with 21.9 for the S&P 500, and the article identifies third-quarter revenue against the $2.16–$2.164 billion guide as the key figure to watch.
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