Palantir Technologies Inc.Q2 revenue jumped 92.83% YoY to $1.935B with adjusted EPS of $0.41 beating $0.28 consensus, plus 26 positive FY2027 EPS revisions.

Palantir Technologies reported second-quarter revenue growth of 92.83% year-over-year to $1.935 billion, with adjusted profits per share of $0.41 beating the $0.28 consensus estimate. U.S. commercial sales jumped 149%, underscoring demand for the company's AI software, while the stock has risen more than 60% from its June low of $106.37 to a recent $207.52. That surge has put valuation back at the center of the debate, with the shares trading around $183.03 in the most recent report against a 12-month price target of $185.99 set by 24/7 Wall St. CEO Alex Karp said he expects sovereign AI demand to buoy growth in line with or above the U.S. commercial business over the next 18 months, and analysts logged 26 positive revisions to fiscal 2027 EPS projections in the prior 30 days with no lower revisions. The next catalyst will be whether Palantir can keep expanding its commercial business and profitability at a high pace while the stock's value remains elevated.
Palantir Technologies Inc.Q2 revenue jumped 92.83% YoY to $1.935B with adjusted EPS of $0.41 beating $0.28 consensus, plus 26 positive FY2027 EPS revisions.