Palantir's Report Moved My Buy Price for the Stock. Here's the New Number.
Palantir Technologies (PLTR) reported Q3 earnings of $0.44 per share, up from $0.18 year-over-year. Revenue grew 96% to $2.31B. The author's buy price for PLTR increased to $172 based on a 120x earnings multiple. PLTR shares dropped 3% after-hours to $173, near the author's new buy price.
How this was made

The 30-second read
Why it matters
Palantir's earnings beat and revenue surge lift the author's target price, but the stock is already trading near that level, implying limited immediate upside.
Market read
Palantir's earnings provide fresh data for traders; the stock is near a model‑derived buy point, creating a short‑term trading consideration.
What to watch
Potential headwinds from slower software margin expansion and reliance on government contracts could limit upside.
Background
The article is an investor commentary that recalculates a personal valuation model after Palantir's Q3 earnings release.
Ticker impact
Palantir reported Q3 earnings (EPS $0.44, revenue up 96% YoY) and raised its own valuation model, moving the author's target price to $172.
likely modest upside as the market prices in the earnings beat and guidance
The stock closed at $178, fell to $173 after hours, and sits just 1% above the new $172 target, suggesting limited upside unless further guidance improves.
Market effects
AI and data analytics sector may see renewed interest from investors tracking Palantir's earnings momentum.
U.S. tech market could see slight positive bias as a mid‑cap AI play posts strong results.
Limited; Palantir's results primarily affect U.S. equity investors.
Counterpoint
If earnings growth slows to single‑digit quarters, the high P/E may deter buyers and trigger a pullback.
Key entities
- companyPalantir Technologies
U.S.-listed data analytics and AI software firm (NASDAQ:PLTR).



