Palantir Falls 4% as Contract Growth Slows Despite Demand “Much Larger Than We Can Service”

Palantir Technologies (PLTR) reported Q3 revenue of $2.31B, up 96% YoY, beating expectations. US commercial revenue grew 148% to $984M, surpassing government revenue. Despite raising full-year guidance to over $8.53B, shares fell 5% premarket due to concerns over slowing total contract value growth of 6%.

Michael Burry's short position on Palantir (PLTR) has seen mixed results. Palantir's stock fell 3.2% over a year, trailing the S&P 500's 10.1% gain. Burry closed his put options but maintained short positions. Palantir's Q3 revenue beat estimates, with strong growth in U.S. commercial revenue. However, valuation concerns remain, with PLTR trading at high multiples. Karp's fundamentals argument is strong, but Burry's valuation critique persists.

Apple (AAPL) cut its price targets due to rising memory chip costs, affecting gross margins. Palantir (PLTR) reported 96% revenue growth, surpassing estimates. Eaton (ETN) beat earnings expectations, with strong sales growth. U.S. midterm elections and geopolitical tensions also influence market sentiment.

Palantir (PLTR) reported strong quarterly growth, but shares fell 6% premarket. Analysts cited high expectations for U.S. commercial business and concerns about slowing bookings. According to the company, rapid growth continues, but valuation and booking trends raise questions.

Palantir (PLTR) fell 6% despite Q3 2026 earnings beat and raised outlook. Revenue was $2.313B (up 96% YoY), EPS $0.44. Q4 guidance shows slower growth. Datadog (DDOG) and Snowflake (SNOW) also declined. Palantir's high valuation and lumpier growth contrast with peers.

Palantir (PLTR) shares fell 8% after Q3 earnings showed slower contract growth despite revenue rising 96% YoY to $2.313B. Total contract value grew 6% YoY, down from 49% in Q2. Long-term RPO declined 2.5% QoQ. Q4 revenue guidance raised to $2.649B-$2.653B, above estimates.