Palantir (PLTR) will report third-quarter results after the market closes on Monday, with its AI durability in focus as investors pulled back from AI-linked stocks in October. PLTR fell 1.5% over the month, less than the nearly 7% drop in the Invesco QQQ Trust. Analysts expect third-quarter revenue to rise 85% to $2.18 billion and adjusted EPS to rise 94% to $0.41 per share. Oppenheimer raised its price target to $235 from $200 while keeping an 'Outperform' rating, and JP Morgan initiated coverage with an 'Overweight' rating and a $262 price target. Per Koyfin, 21 of 32 analysts rate the stock 'Buy' or higher, and the average price target of $212.50 implies 15% upside from the last close, while Stocktwits retail sentiment remains 'bearish', unchanged from last week.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
PLTRearningsartificial intelligencevaluationcapital flows
Open a keyword to see other news on the same topic.
Related tickers and likely impact
QQQ
• NeutralInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/30/2026 | 690.49 |
| Change that session | -3.47% |
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/30/2026 | 755.71 |
| Change that session | -1.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- JPMorgan Is Bullish on Palantir, Predicts Over 30% Rally on Strong AI Demand
JPMorgan initiated research coverage of Palantir Technologies (PLTR) with an 'overweight' rating and a 12-month price target of $262, a 33% premium to Thursday's closing price. The bank said enterprise focus is shifting toward the AI value creation that Palantir provides, and highlighted demand for 'AI sovereignty', which allows enterprises and governments to independently secure and own their AI capabilities. Palantir is scheduled to report third-quarter results after the market closes on Monday, Nov. 2, with expected revenue of $2.18 billion and earnings of $0.41 per share. PLTR slipped about 0.2% on Thursday and has gained about 5% year-to-date, while 19 of 30 analysts rate the stock 'buy' or 'strong buy', according to Fiscal.ai data.
- Why Is Everybody Paying A Premium For Palantir Stock?
Palantir Technologies (PLTR) trades at 156.6 times trailing twelve-month earnings, compared with 22.6 times for the S&P 500, a valuation that looks like a bet on how far its sales can still grow. In the second quarter of 2026, revenue from U.S. commercial customers rose 149% to $764 million, total revenue grew 92.8%, and the company ended the quarter with 653 U.S. commercial customers, up 35%. According to Trefis, just to sustain its $472 billion market value with no return on top, Palantir would need to grow revenue 33.6% a year for seven years. Management raised its 2026 revenue guidance to between $8.15 billion and $8.16 billion, 82.2% above 2025, and expects U.S. commercial revenue to grow at least 134% this year. Revenue growth from U.S. commercial customers is the measure to watch when Palantir reports in November 2026.
- 2 Popular AI Stocks to Sell Before They Drop 57% and 60%, According to Wall Street Analysts
Brent Thill at Jefferies has set an $80 target price for Palantir (PLTR), implying 60% downside from its current $199 share price, and argues its valuation does not make sense despite 93% revenue growth in the second quarter. Palantir trades at 78 times sales, the highest in the S&P 500, while most analysts' median target price is $223 per share. Mehdi Hosseini at Susquehanna has set a $15 target price for Super Micro Computer (SMCI), implying 57% downside from $35. The article highlights governance and export-control risks, after federal prosecutors charged three individuals with conspiring to divert $2.5 billion in AI servers to China, and notes Super Micro trades at 11 times earnings.
- What Will a $10,000 Investment in Palantir Be Worth by 2030?
Palantir shares fell for most of 2026 but have risen since August, gaining about 12% year to date, roughly in line with the S&P 500. The article points to strong growth in Palantir’s AI platform, with Q2 revenue up 93%, U.S. commercial revenue up 149%, and a 55% profit margin. However, the stock trades at almost 125 times this year’s earnings, compared with about 23 times for Nvidia, whose Q2 revenue rose 106%. The author models 50% annual revenue growth from 2027 to 2030, which the article calls aggressive, and a valuation of about 30 times forward earnings, estimating a $10,000 investment could be worth about $20,000 by 2030. The author argues the high valuation could damp future returns.
- Palantir Trades at 150 Times, Josh Brown Says. Monday’s Guidance Has to Do More Than Beat
Palantir (PLTR) reports third-quarter results after the close on Monday, Nov. 2, with Oppenheimer expecting a revenue beat and annual guidance raise, and J.P. Morgan initiating at Overweight with a $262 target for December 2027. Josh Brown said Palantir trades at 150 times, a figure close to its multiple on past reported earnings, while its forward P/E has climbed to 103x from 74x at the end of June. The article notes that 2026 consensus revenue of $8.22 billion is already above the top of Palantir's guidance range of $8.150 billion to $8.158 billion, so a routine raise may not move estimates much. It argues the fourth-quarter guidance is the key number, since the current outlook implies roughly $2.4 billion in Q4 revenue and must lift 2027 estimates, currently $12.4 billion in revenue and $2.35 in EPS, for the stock to grow into its multiple.
- Better Defense Stock to Own Through 2030: Palantir vs. RTX Corporation
The article compares Palantir (PLTR) and RTX Corporation (RTX) as two ways to invest in rising global defense spending. Palantir's software helps defense and intelligence agencies gather and coordinate information; its second-quarter revenue rose 93% year over year (U.S. commercial up 149%, U.S. government up 90%), and it raised full-year guidance. However, the stock trades at a trailing P/E of 168 and competes with established technology providers. Of 30 analysts, the average rating is a moderate buy, with target prices for the next year between $80 and $265. RTX, through Raytheon, Pratt & Whitney and Collins Aerospace, supplies missile defense, military engines and aircraft components; its third-quarter sales rose 11%, its record backlog reached $340 billion including $164 billion in defense orders, and its P/E is 31. The article argues Palantir suits growth investors who accept a high valuation, while RTX is the more balanced option given its established earnings, diversification and dividend.
Related markets
Latest news
- Gold Hits 1-Year Low as US Stocks Sell Off; Expert Says 'Don't Rush to Bottom-Fish'
December gold futures on Comex fell 3.3% to 3,898.90 USD/ounce at Friday's (October 30) close, the lowest close since October 2, 2025, and gold lost 10% over October. The same session saw a sharp US stock sell-off: the Dow Jones fell 1.1%, the S&P 500 dropped 1.8% and the Nasdaq Composite lost 2.9%. Experts said investors sold both gold and stocks to raise cash to cover losses and meet liquidity needs, after gold broke below the 3,975 USD/ounce level that had formed in July. Although markets remain worried about Middle East tensions around the November 3 midterm elections, one analyst said that if the Fed keeps rates high for longer, Treasury yields would stay elevated and limit gold's appeal. Altavest says investors should hold cash and be patient until at least year-end, though gold's long-term outlook remains positive if the Fed cuts rates in 2027.
- Bitcoin ETFs sink into October outflows with $643M exit after Binance hack
US spot Bitcoin ETFs saw $643 million in net withdrawals on Friday, pushing October's net flows to a $515 million outflow, their first negative month since June, according to SoSoValue. The sell-off followed Binance's confirmation that hackers stole about $6.3 billion in crypto assets, and Bitcoin's drop to $77,000 the previous day. BlackRock's IBIT led Friday's outflows with $234 million, followed by Fidelity's FBTC with $201 million. OneKey's founder warned that IBIT could face similar security risks because it relies heavily on Coinbase to hold its Bitcoin, while Ether ETFs recorded a record $1.61 billion in October net outflows.
- SpaceX Could Mirror Nvidia's Revenue Boom, Sequoia Partner Says — Tesla Influencer Runs Hypothetical Merger Math
Sequoia Capital partner Shaun Maguire, who has a disclosed financial interest in SpaceX (SPCX), projects revenue could reach $731.1 billion by 2028, up from $51.5 billion in 2026 and $273.8 billion in 2027. His 2028 forecast includes $569 billion from ground-based AI computing, $64.7 billion from Starlink and $23.9 billion from Direct to Cell, and he calls it a 25th-50th percentile estimate with considerable uncertainty. New Street Research suggests SpaceX could use 2,000-10,000 small computing sites linked by Starlink, combining Nvidia hardware with Tesla batteries, but says pace of deployment is the real constraint. Tesla investor Alexandra Merz modeled a hypothetical Tesla-SpaceX merger: at three SpaceX shares per Tesla share, each Tesla share would be worth $443, a 19% premium to Tesla's October 20 close of $373.71. At a four-for-one ratio, former Tesla shareholders would own 51.4% of the combined company, while Musk would hold a 33.2% economic stake and 73.7% of voting power.
- Vietnam's Import-Export: Scale Breakthrough, Elevating Value
Vietnam's total import-export turnover surpassed $1,000 billion for the first time, up more than 32% year on year, needing only 7 more years after about 30 years to reach $500 billion. Export structure is shifting toward processing and manufacturing, electronics and high-tech products, with manufacturing accounting for 87.4% of total trade over the first 10 months. FDI enterprises account for more than 77% of total import-export, and the share of machinery, electronics and manufactured goods exported to the US and Europe rose from 37% in 2016 to nearly 57% last year. October's trade surplus reached $7.94 billion, more than six times the previous month, and full-year total trade is expected to reach about $1,110 billion. The Ministry of Industry and Trade's draft export-import strategy to 2030 targets double-digit growth for 2026-2030 and a place among the world's top 10 trading nations by 2045.
- Gold Prices on Nov 2: SJC Gold Bars Sell 14.3 Million VND per Tael Above World Price
As of November 2, world gold was about $3,909.8 per ounce, equivalent to roughly 123.8 million VND per tael after conversion, taxes and fabrication fees. SJC gold bars were quoted at 137 million VND per tael to buy and 140 million to sell, about 16.2 million VND above the converted world price on the sell side and 13.2 million VND on the buy side. SJC 99.99% gold rings were quoted at 132.8 million VND to buy and 136.8 million to sell, while the Rồng Thăng Long brand from Bảo Tín Minh Châu ranged from 134.5 to 138.5 million VND. Gold is down about 52 million VND per tael from roughly 192 million VND in late January and early February, and the article warns that buying at high price levels carries risk.
- Apple Q4 Earnings: Holiday Sales Outlook, iPhone Duo Demand And Memory Costs Take Center Stage In First Report Under New CEO
Apple's fiscal fourth-quarter report, due after Monday's close, is the first under new CEO John Ternus, with investors focused on holiday sales outlook, demand for the iPhone Duo and rising memory costs. Revenue is expected to rise 11% to $113.35 billion, the slowest growth in the past four quarters, while adjusted profit is seen up 8% to $1.99 per share, according to Koyfin. LSEG-Reuters estimates iPhone sales will climb about 15% to $56.54 billion, while services are expected to grow almost 10% to $31.56 billion, the slowest pace in over three years. Morningstar sees AAPL as moderately overvalued and will watch December-quarter iPhone revenue guidance and the impact of memory costs on unit prices. Bank of America removed Apple from its 'US 1 List' last week, and per Koyfin, 24 of 43 analysts rate AAPL 'Buy' or higher, 13 'Hold' and six 'Sell' or lower.
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.