Palantir announces Seoul pop-up as Palantir stock gains 1.40 percent

Published on 10/12/2026 at 12:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The Seoul event runs October 22-23, 2026 for Korean fans. Palantir stock stood at EUR 185.46 on October 12, 2026 versus EUR 182.90.

Key points in brief

Palantir announced a Seoul pop-up for October 22-23, 2026, its second annual event in the city.
Palantir stock was at EUR 185.46 at Lang & Schwarz on October 12, 2026, up 1.40 percent versus the EUR 182.90 Xetra close of October 9, 2026.
Second-quarter fiscal 2026 revenue reached USD 1.94 billion, up 93.00 percent year over year.
Goldman Sachs upgraded Palantir to Buy and set a USD 230.00 12-month target on October 8, 2026.

Fotorealistisches Datenzentrum mit LED-Datenwand und Analysten-Arbeitsplätzen in kühlem Blaulicht — Palantir Technologies Inc (US69608A1088) betreibt ein modernes Lagezentrum mit großer Echtzeit-Datenwand und Analyse-Arbeitsplätzen, Illustration mit AI erstellt.

Palantir Technologies (ISIN US69608A1088) was trading at EUR 185.46 at Lang & Schwarz on October 12, 2026 at 11:53 a.m. CEST, up 1.40 percent versus the Xetra close of October 9, 2026 at EUR 182.90. Business Wire reported on October 11, 2026 that Palantir announced a Seoul pop-up for October 22-23, 2026.

Three milestones shape the story

On June 30, 2026, Palantir's second-quarter fiscal 2026 revenue reached USD 1.94 billion, up 93.00 percent from a year earlier, according to TheStreet. The figure gives the Seoul announcement a commercial backdrop: Palantir is pairing fast software growth with a broader sovereign AI presence in Asia.

On October 1, 2026, Business Wire reported that Palantir and Armada had formed a partnership combining Palantir's Sovereign AI Operating System with modular data centers and an infrastructure platform. The release says deployments can come online in months rather than years, but it gives no contract value.

On October 11, 2026, the Seoul release set the upcoming event at two days and said the 2025 edition drew 5,000 visitors. That makes the event a measurable engagement channel, while the company's revenue growth remains the stronger financial indicator.

What does the Seoul event add

The pop-up is scheduled for October 22-23, 2026, and centers on sovereign AI. Chosun reported on October 12, 2026 that the event will be held in Seoul from October 22 to October 23 and described South Korea as one of Palantir's largest commercial markets outside the United States. The announcement expands the company's brand and partner presence, but it does not state direct revenue from the event.

Targets meet a demanding valuation

TheStreet reported that Goldman Sachs upgraded Palantir from Neutral to Buy on October 8, 2026 and set a 12-month price target of USD 230.00. The same report put the second-quarter revenue growth at 93.00 percent, leaving investors to weigh rapid expansion against a valuation that depends on sustained execution.

Upcoming dates for Palantir

Business Wire gives October 22-23, 2026 as the Seoul pop-up dates. Ground News cited November 2, 2026 for Palantir's third-quarter earnings.

Stock gains against the Xetra close

Palantir was trading at EUR 185.46 at Lang & Schwarz on October 12, 2026 at 11:53 a.m. CEST, up EUR 2.56 or 1.40 percent versus the Xetra close of October 9, 2026 at EUR 182.90. The move keeps the market response positive while the Seoul event, Armada partnership and second-quarter growth point to different parts of the company's expansion strategy. The further course of trading is shown by the continuously updated real-time quote of Palantir stock.