PLTR Stock In Focus: Exec Says 'It's Gonna Be Very Hard To Value Palantir' As Commercial Business Surpasses US Government Revenue

Palantir's U.S. commercial revenue surpassed government revenue for the first time in Q3, while Booz Allen, CACI, and BigBear.ai reported larger backlogs and raised full-year targets. Parsons narrowed its guidance. Federal funding deadline is Dec. 11, with budget uncertainty lingering. Palantir reported $2.313B Q3 revenue, raising FY2026 guidance to $8.530B-$8.534B. Booz Allen's Q2 revenue was $2.8B, with raised EPS guidance. CACI's Q1 revenue was $2.5B, with raised FY2027 revenue guidance.

Palantir Technologies reported Q3 revenue of $2.31B, up 96% YoY, with commercial revenue surpassing government revenue for the first time. CEO Alex Karp aims to dominate the market, citing record profits and accelerated sales cycles. Adjusted earnings were 44 cents per share, beating estimates.

Palantir Technologies (PLTR) reported a 96% revenue increase to $2.3B in Q3, with U.S. commercial revenue surpassing government revenue for the first time. The company raised full-year forecasts and has over 600 U.S. commercial customers, a significant shift from its government-focused past. However, its high valuation and slowing new contract growth may concern some investors.

Palantir (PLTR) reported Q3 revenue of $2.31B, up 96% YoY, and raised its full-year outlook to $8.53B. Despite beating estimates, shares fell 1.7% as new contract growth slowed to 6% from 49% in Q2. Analysts note valuation may be stretched, with next guidance expected in February.

Palantir Technologies (PLTR) reported Q3 2026 earnings with $2.31B in sales and $0.44 adjusted EPS, exceeding estimates. CEO Alex Karp declared the traditional software sales model obsolete, citing faster adoption cycles. U.S. commercial revenue surged 148% YoY to $984M, surpassing government revenue. The company raised full-year guidance to over $3.559B, reflecting 143% growth. Despite strong results, shares fell 3% during trading and 3.82% after hours.

U.S. tech stocks rebounded on Nov 3, with the Nasdaq up 0.9% and S&P 500 up 0.4%, driven by semiconductor gains. Nvidia and Broadcom rose 2.3% and 3.1%, respectively, while Apple fell 1.9%. AMD reported $13.4B in revenue, beating expectations. Palantir dropped 1.6% despite 96% revenue growth. Oil prices rose due to Middle East tensions. Gold and silver saw minor gains. Investors watched U.S. midterm elections.