Palantir stock gets a USD 250 target after 92.80 percent Q2 growth

Published on 09/30/2026 at 14:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Palantir stock generated USD 1.94 billion in Q2 revenue, beating the USD 1.81 billion consensus. Its next earnings date is November 2, 2026.

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Palantir Technologies stock (ISIN US69608A1088) was trading at EUR 164.37 at Lang & Schwarz on September 30, 2026, at 2:06 p.m. CEST, down 0.22 percent from the EUR 164.73 prior close. UBS raised its Palantir price target to USD 250 from USD 220 on September 15, 2026, according to CNBC.

Q2 revenue reached USD 1.94 billion

Palantir reported USD 1.94 billion in Q2 2026 revenue, an increase of 92.80 percent from the prior-year quarter. The figure exceeded the USD 1.81 billion consensus estimate by 7.20 percent, according to Zacks.

GAAP diluted earnings per share reached USD 0.41 in Q2 2026, compared with USD 0.34 in Q1 2026. Net income attributable to common shareholders totaled USD 1.06 billion, while operating profit reached USD 912.00 million for the quarter.

UBS target reaches USD 250

UBS kept its Buy rating while lifting the target from USD 220 to USD 250 after Palantir's AIPCon event, CNBC reported on September 15, 2026. The bank cited demand for Palantir's artificial intelligence software and its use across large enterprises.

The valuation remains the counterweight. CNBC reported that the stock traded at 51 times expected 2027 free cash flow, while UBS described concerns about a possible slowdown in growth and competition from model providers as risks to the data software layer.

Next report is November 2

Palantir's next earnings report is scheduled for November 2, 2026, after the market close, according to Gekko. The page lists a consensus estimate of USD 0.42 in earnings per share and USD 2.17 billion in revenue for the upcoming quarter.

As of September 29, 2026, Palantir had a market capitalization of USD 429.3 billion. Its 52-week range was USD 106.37 to USD 207.52, placing the Lang & Schwarz euro quote alongside a still wide valuation spread.

Palantir stock trades below the prior close

Palantir stock was trading at EUR 164.37 at Lang & Schwarz on September 30, 2026, at 2:06 p.m. CEST, down 0.22 percent versus the EUR 164.73 prior close dated September 29, 2026. The Nasdaq reference quote was last at USD 186.97 on September 29, 2026, at 4:00 p.m. ET.