Track market-moving stories before they get noisy

Palantir's Q2 revenue surged 93%, while U.S. commercial revenue grew 149% and its Rule of 40 reached 155%. U.S. commercial TCV jumped 153% to $2.13 billion, suggesting compute availability could become a bigger constraint than customer demand. The Nebius partnership could accelerate sovereign AI deployments without heavy capital investment, although greater compute exposure creates potential margin-mix uncertainty.

Palantir (NASDAQ: PLTR) has rewarded investors with significant gains over the last two months as demand for its artificial intelligence platforms continues to accelerate.

In this case, an investor who put $1,000 into PLTR on July 9, when the stock was trading at $132, would now hold approximately $1,287.88 worth of shares at the current price of $170.

The investment would have generated a profit of $287.88, representing a return of about 28.8%.

PLTR stock price chart. Source: Finbold Palantir’s rally has been supported by robust financial performance and growing adoption of its artificial intelligence offerings across both commercial and government customers.

The company reported second-quarter 2026 revenue of $1.94 billion, up 93% year-over-year. U.S. commercial revenue climbed 149% to $764 million, while U.S. government revenue increased 90% to $809 million.

Profitability also remained strong, with the technology firm generating adjusted operating income of roughly $1.19 billion and adjusted free cash flow of $1.22 billion during the quarter.

Following the results, management raised its full-year 2026 outlook and now expects revenue between $8.15 billion and $8.16 billion, representing annual growth of about 82%.

Partnerships support Palantir stock  The company has continued expanding its AI ecosystem through new partnerships and government contracts.

Most recently, Palantir announced a partnership with Nebius focused on sovereign AI infrastructure. The agreement allows customers to deploy and fine-tune AI models within secure and controlled environments.

The company also expanded its alliance with PwC to help organizations scale enterprise AI deployments and modernize business systems. In addition, Palantir continues to secure defense-related contracts, including work tied to the U.S. Army’s TITAN battlefield intelligence program.

These developments have strengthened investor confidence that Palantir can maintain its rapid growth trajectory as AI spending increases across industries.

Despite the strong rally, valuation remains one of the biggest concerns. Palantir trades at elevated earnings multiples, reflecting investor expectations for continued high growth and expanding AI adoption.

Featured image via Shutterstock

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Palantir Technologies Today

PLTR

Palantir Technologies

$170.12 -0.18 (-0.10%)

As of 10:33 AM Eastern

This is a fair market value price provided by Massive. Learn more.

$106.37▼

$207.52145.11

$192.19

When a star investor sells one of the market's most talked-about stocks, it always grabs headlines. That's exactly what happened in early September, when Cathie Wood's ARK funds, known as one of the most bullish voices on high-growth tech stocks, trimmed their stake in Palantir Technologies Inc. NASDAQ: PLTR, one of the hottest names in AI. For nervous shareholders, the obvious question was whether they should follow her out the door.

The short answer is probably not based on that sale alone. Look closely at what ARK actually did, and the sale looks far less dramatic than the headline suggests. This wasn't a wholesale exit but a modest trim inside a broader portfolio rotation—more routine portfolio housekeeping than a vote of no confidence.

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With Palantir shares trading around $170 and holding the strong gains that followed last month’s earnings, the real question isn't what one fund did last week, but how much further Palantir's rally could continue.

ARK’s Palantir Sale Looks More Like Rebalancing Than a WarningFirst, it helps to understand the context of Wood's move. In the same week, her ARK Invest was also rotating capital across several other high-growth holdings, adding to some positions while trimming others. Palantir was simply one of several tech holdings it reduced, hardly the stuff of a dramatic change of heart.

To put it in perspective, ARK sold around $25 million of Palantir stock, a notable sale, but not a full exit. And trimming a position that has rallied sharply in just a few weeks is one of the most ordinary things a portfolio manager can do. After a stock has climbed as far and as fast as Palantir, taking some money off the table is basic risk management, not a signal the story has soured.

In short, reading too much into a single week's rebalancing would be a mistake. The far more important question is what lies ahead for the business itself, and here the picture is quite encouraging.

Palantir’s Business Keeps Giving Bulls AmmunitionBeneath the noise, Palantir continues to deliver the kind of growth that explains why the stock has been such a favorite in recent years. August’s earnings report was the latest in a long string of analyst beats, showing U.S. commercial revenue jumping 149% year over year—exactly the sort of momentum the bulls want to see. Management also raised forward guidance, which speaks volumes about how confident they are that this pace of expansion can continue.

At the same time, Palantir’s traditional stronghold in government work continues to pay dividends through major contracts. The U.S. Army recently moved the Tactical Intelligence Targeting Access Node program into production, awarding Palantir a $127 million delivery order tied to the AI-enabled system. That reinforces a defense business that remains a formidable and durable moat.

The company has also been forging high-profile partnerships, including with consulting powerhouse PwC and AI infrastructure leader Nebius Group NV NASDAQ: NBIS. Together, these alliances underline the scale of Palantir's ambitions, as it positions itself as the essential operating layer for AI across business and government alike.

The Bear Case Still Starts With ValuationThat said, doubters have a point, and their argument centers on one word: valuation. This word has haunted Palantir for years, and it's no surprise it trades at a price-to-earnings ratio of around 145. That’s a level that leaves very little room for error, and even a modest disappointment in future earnings reports could send the shares tumbling.

Skeptics also question whether Palantir's hands-on, heavily customized approach can scale smoothly as it moves beyond its largest, most sophisticated clients to a broader base of smaller customers. The famed short-seller Michael Burry, for one, has been openly critical of the company, likening it to a high-priced consultant riding a wave of AI enthusiasm.

These are legitimate concerns, and anyone buying at these levels must accept that the stock is priced for continued excellence. A lofty valuation is a double-edged sword because it reflects enormous optimism, but it also raises the bar the company must clear to keep its shareholders happy.

Cathie Wood’s Sale Is Not the Whole Palantir Story69th Percentile

Moderate Buy

12.9% Upside

Healthy

N/A

0.58 Selling Shares

44.09%

See Full Analysis

Back to the original question: should investors follow Cathie Wood in trimming Palantir, or avoid it altogether? On the above evidence, the answer is no, at least not on the strength of her recent selling alone. A small, routine trim that’s one of many says very little, especially when compared to MarketBeat’s Moderate Buy consensus rating.

That is not to dismiss the risks entirely. The valuation is demanding, and investors should size their positions with the volatility in mind. But with commercial growth accelerating, government contracts rolling in, and a wave of bullish analyst coverage behind it, Palantir heads into the final months of the year with the wind at its back. One fund's routine rebalancing does little to change that.

Should You Invest $1,000 in Palantir Technologies Right Now?Before you consider Palantir Technologies, you'll want to hear this.

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Shares of big data software pioneer Palantir (PLTR -2.31%) rallied 51.5% in August, according to data from S&P Global Market Intelligence.

Palantir became a darling of the AI era over the past couple of years, and hit a very high valuation at its peak last November. Since then, the "SaaS-pocalypse" has taken a toll on the entire software sector, including Palantir, as fears of disruption from leading AI labs cut its stock price nearly in half, from its November 2025 highs to its June 2026 lows.

The downturn set Palantir up for a bounce higher if it posted continued strong financial results. Its second-quarter August report provided that, in spades.

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Palantir delivers eye-popping growth... again In the second quarter, Palantir delivered 93% revenue growth to $1.94 billion, while adjusted (non-GAAP) earnings per share grew 156% to $0.41. Both figures handily beat analyst expectations. This amazing growth marked a stunning acceleration from the 48% revenue growth in the year-ago quarter and the 85% growth in the first quarter of 2026. Another impressive metric was profitability, as adjusted free cash flow margins expanded to a massive 63% -- among the highest in the industry.

So much for the "SaaS-pocalypse," at least as it applies to Palantir's business.

In the press release, earnings call, and in recent media appearances, CEO Alex Karp made the case for Palantir to manage a company's artificial intelligence problem-solving, rather than going directly to one of the big AI labs such as OpenAI or Anthropic, saying:

Palantir is the only company that has demonstrated it can transform tokens into actual economic value. Our customers trust us to provide them with maximum control over their operations, data, and decisions. Their competitive advantage should never be used as training data for future models.

This quote is quite illuminating as to how Palantir is positioning itself in the age of AI and fending off the powerful frontier model labs. Karp claims that enterprises that use leading-edge frontier models directly risk their company's data and AI use cases being 'learned" by the AI models, which the models could theoretically use to improve and then spread that knowledge to competitors. An even worse scenario would involve the model-makers building their own products to compete with customers themselves.

The pitch appears to be working, especially with U.S. commercial customers, which grew 149% year over year. That's a pretty amazing figure, especially since overall sales and marketing expenses grew less than 40% over the past year, even including stock-based compensation. It's pretty clear that Palantir's platform is translating AI into real business value; otherwise, it wouldn't be growing this fast with so little incremental expense growth.

Image source: Getty Images.

How high is too high a price? Palantir continues to accelerate its growth and expand margins, despite the company's larger size and already sky-high profitability. That goes a long way toward justifying the company's 78 times forward P/E ratio, based on 2026 earnings estimates.

It's hard to imagine Palantir continuing to accelerate its growth rate off an ever-higher base, but then again, that's what many might have thought last year, and yet, Alex Karp and company managed to do so.

While the stock is far too expensive for value investors, younger growth-oriented investors should have a look at Palantir shares, even after its big August bounce.

MIAMI & AMSTERDAM--(BUSINESS WIRE)--Palantir Technologies Inc. (NASDAQ: PLTR) and Nebius Group N.V. (NASDAQ: NBIS) today announced a strategic partnership to bring Nebius's AI-native compute infrastructure and cloud platform to Palantir's commercial customers. As part of the partnership, Palantir has named Nebius its preferred sovereign AI infrastructure partner and, following the integration period, will bring Nebius compute and inference endpoints inside the Palantir enterprise perimeter, ena.

Palantir just handed Nebius a coveted sovereign AI label, but traders are punishing one side of the partnership and rewarding the other in ways that reveal exactly where the market thinks the real leverage sits.

Sovereign AI infrastructure is driving today’s action across the AI cloud complex. Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction) named Nebius Group (NASDAQ:NBIS) its preferred sovereign AI infrastructure partner this morning, and the compute provider is outperforming the software vendor.

Nebius stock is up 6% to $239.23 in Tuesday morning trading, extending what has already been a monster advance for the year. Meanwhile, Palantir stock is down 1% to $172.39 in early action, giving back some of last month’s ground.

The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.46%, so today’s announcement is landing on a slightly lower broad tape. That leaves the divergence between Nebius and Palantir looking like a stock-specific reaction on an otherwise quiet session.

Sovereign AI Partnership Fuels Nebius Rally Palantir has named Nebius its preferred sovereign AI infrastructure partner, integrating Nebius cloud and compute capabilities inside Palantir’s enterprise perimeter. The pact plugs a scaled GPU cloud directly into Palantir’s AIP software stack for customers that want to keep their data, models, and weights under their own control. That positioning matches how Palantir has been marketing sovereignty on recent earnings calls, where the company has argued that generic token-based AI services quietly transfer enterprise IP to third parties.

CEO Alex Karp framed the demand backdrop on Palantir’s Q2 2026 earnings call, stating, “Demand for AI sovereignty has now been unleashed. And Palantir is the only company that has demonstrated it can transform tokens into actual economic value…The sovereign AI revolution makes us very optimistic about the future.” Karp also flagged on the same call that Palantir was actively hunting for technically capable partners to help scale that push, and today’s announcement gives that pitch a named infrastructure counterparty behind it.

Credential Versus Contract for Nebius The market is treating today’s news as demand validation for Nebius. Palantir picks up an incremental distribution channel from the deal, and today’s split reaction shows the market sees more near-term upside on the infrastructure side of the pairing. Nebius stock has run hard this year while Palantir stock has traded lower, so the announcement reads as a fresh reason to own compute exposure and as a smaller catalyst for the enterprise software name.

Nebius reported Q2 2026 revenue of $582.3 million, up 454% year over year (YoY), with its AI Cloud segment growing 514% YoY. Its remaining performance obligations reached $37.49 billion, and management reaffirmed FY26 revenue guidance of $3 billion to $3.4 billion.

However, the preferred-partner designation carries no disclosed committed capacity or dollar figure, so its value to Nebius is more credential than contract. Nebius already carries heavy customer concentration, with three customers representing 24%, 21%, and 14% of Q2 2026 revenue, so additional named logos in the pipeline can help dilute that risk over time.

CoreWeave (NASDAQ:CRWV) is the closest listed comparable to Nebius on GPU cloud capacity, with no direct involvement in this Palantir partnership. Its own Q2 2026 report showed revenue of $2.575 billion, up 112.3% YoY, and a revenue backlog near $104 billion, so the peer set is scaling in its own right.

Session Scorecard Ticker Session Move Year to Date NBIS +6% +183% PLTR -1% -2% CRWV +7% +35% Nebius stock has run 183% year to date (YTD), so today’s move extends an already large uptrend. Palantir stock is down 2% YTD, which reframes today’s fade as another leg in a sideways-to-lower year even as the underlying business keeps compounding revenue.

CoreWeave stock is up 35% YTD, and the company was recently added to the NASDAQ 100. That backdrop shows the AI cloud pure-play trade has been rewarded broadly ahead of today’s Palantir-Nebius headline (we profiled seven non-chipmaker names powering the same data-center buildout in a free report on AI infrastructure winners).

What to Watch Next The bull case for Nebius rests on the guided revenue ramp and a contracted power target of more than 4 GW by year-end 2026, which would support the ARR outlook management has already put on the board. The bear case is that a credential without contracted dollars can fade quickly if CoreWeave or another peer signs a larger, disclosed sovereign AI deal in the same window.

Traders can watch for follow-through in Nebius shares and any additional color from either company on whether the preferred-partner tag converts into disclosed capacity or revenue. Investors sizing their exposure should keep their positions modest given customer concentration and a price-to-sales multiple that already prices in aggressive growth.

Palantir’s story is intact on the reported numbers, with FY26 revenue guidance raised to $8.15 billion to $8.16 billion, a Rule of 40 score of 155, and a P/E ratio near 247x. Shareholders can check for firmer support and a clearer read on how sovereign AI partnerships translate into billings before adding to their positions on today’s dip.

Contact [email protected] for any questions or corrections.

Palantir Picks Nebius for AI Infrastructure Summary

The partnership could help Nebius expand its enterprise reach as demand grows for controlled AI computing and inference capacity

Nebius Group NBIS shares climbed 3% Tuesday after Palantir Technologies PLTR selected the company as its preferred infrastructure partner for sovereign artificial intelligence services.

The agreement is aimed at giving Palantir customers access to computing and AI inference capabilities within a controlled environment. The companies also plan to speed up the deployment of additional AI capacity as demand for localized infrastructure grows.

For Nebius, the partnership provides another route to expand its role in the AI infrastructure market. Its technology will support customers seeking to operate AI models while maintaining greater control over their data and computing environment.

Palantir and Nebius also intend to combine their respective technologies to support commercial clients using optimized open AI models. The arrangement could help Nebius deepen relationships with enterprise customers through Palantir's platform.

The deal comes as companies and governments place greater emphasis on keeping sensitive AI workloads within trusted infrastructure. That trend could create additional opportunities for specialized computing providers.

The partnership may improve Nebius' growth prospects by adding another enterprise channel for its AI infrastructure services.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

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Palantir keeps beating Wall Street's expectations while trading at a valuation that makes most analysts flinch, and the tension between those two realities is exactly what makes its next move so hard to predict.

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Few names on the market divide investors quite like Palantir. The nine consecutive quarters of EPS beats, the 155% Rule of 40 score, and the AI sovereignty narrative make it a fundamentals story. The P/E near 247x makes it a valuation debate. Our 24/7 Wall St. price target tries to adjudicate that tension with math rather than opinion.

Palantir (NASDAQ:PLTR | PLTR Price Prediction) currently trades at $172.24. Our 24/7 Wall St. price target for Palantir is $184.84 over the next 12 months, implying 7.38% upside. Our recommendation is buy with high confidence at 90%.

24/7 Wall St. Price Target Summary Metric Value Current Price $172.24 24/7 Wall St. Price Target $184.84 Upside 7.38% Recommendation BUY Confidence Level 90% Choppy Price Action With Fundamentals Still Accelerating PLTR has cooled recently, falling 7.54% over the past week but still up 8.71% over the past month and 10.31% over the past year. Shares sit roughly 8% below the $207.52 52-week high, well above the $106.37 low.

Q2 FY2026 was extraordinary: revenue of $1.935 billion, up 92.83% year over year, EPS of $0.41 versus the $0.28 estimate, and U.S. commercial revenue growing 149%. Management raised FY2026 revenue guidance to $8.150 to $8.158 billion, the largest full-year raise in company history.

Why Bulls See a Path to $213 Our bull case one-year price target is $213.34, implying 23.94% upside. The drivers are visible in the earnings report. U.S. commercial TCV bookings hit $2.132 billion, up 153% year over year, and net dollar retention climbed to 157%.

CEO Alex Karp said, “I am driving the business to grow at a rate equal or above to what we have in U.S. commercial for the next 18 months.” If AIP adoption keeps compounding and sovereign AI wins accelerate, forward EPS re-rates higher, and the target rises with it.

What Could Go Wrong Our bear case lands at $158.11, an 8.15% decline. The starting problem is valuation: a trailing P/E of 247x and P/FCF near 191x leave little room for a growth deceleration. Stock-based compensation was $265 million in Q2 alone, a real dilution drag.

Bulls would counter that heavy SBC funds the forward-deployed engineering talent that just closed 73 deals of $10 million or more. Insider activity is net selling across recent transactions, though executive selling at these price levels is typically routine.

How Palantir Compares to Snowflake, Salesforce, and C3.ai Snowflake (NYSE:SNOW) is the closest AI-platform valuation contrast. SNOW trades at a P/B of 61 with a P/FCF of 104, still growing product revenue 37% year over year, but PLTR’s 92.83% growth and GAAP profitability justify a fatter multiple.

Salesforce (NYSE:CRM) is the mature comp: a P/E of 29, 10.83% revenue growth, and a 34.3% non-GAAP operating margin. CRM sets the floor: this is what AI software valuations look like once growth normalizes.

C3.ai (NYSE:AI) is the cautionary comp, with revenue down 25.46% year over year and a market cap of just $1.59 billion. The peer spread makes our 24/7 Wall St. price target look reasonable: rich versus CRM, cheaper than SNOW on growth-adjusted terms, and worlds away from AI’s execution problems.

Company Revenue Growth YoY Operating Margin Palantir 92.83% 31.59% Snowflake 35.09% -30.64% Salesforce 10.83% 21.47% C3.ai -25.46% -194.86% Palantir Price Prediction 2026-2030 Our 24/7 Wall St. price target of $184.84 and buy rating rest on one tipping factor: Palantir is the only richly-valued AI software name delivering both hypergrowth and GAAP profitability.

The bull thesis strengthens if U.S. commercial growth stays above 100% into Q4. The bear thesis gains traction if net dollar retention slips below 140% or bookings decelerate meaningfully. For long-term holders, the setup still favors patience over exit.

Year 24/7 Wall St. Price Target 2026 $184.84 2027 $184.32 2028 $192.31 2029 $208.94 2030 $214.71 These projections assume Palantir continues executing on AIP adoption and sovereign AI wins at roughly current trajectories. Significant upside or downside could come from federal budget shifts, AI regulatory action, or a broader software multiple reset.

Contact [email protected] for any questions or corrections.

Shares of Nebius Group (NBIS +7.73%) were moving higher today, even as the broad market was down, after the neocloud stock announced a new partnership with Palantir (PLTR -2.31%).

As of 2:29 p.m. ET, Nebius was up 8.9% on the news.

Image source: Getty Images.

Nebius gets a big customer win This morning, Palantir and Nebius announced a partnership to deliver sovereign AI to Palantir customers as the fast-growing data analytics platform named Nebius as its preferred sovereign AI infrastructure partner.

The news represents a key win for Nebius as it shows it branching beyond its core customer base of hyperscalers and winning over software companies, which can give it an advantage in partnering with their customers.

Palantir is a particularly valuable company as it's seen as a winner in AI and has seen tremendous growth in recent quarters.

As part of the deal, Palantir will bring Nebius compute and inference inside its perimeter. The two companies will work together to accelerate the deployment of new compute capacity for Palantir customers.

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What it means for Nebius Palantir itself doesn't represent a major revenue source for Nebius, as the company is much smaller than hyperscalers, but it can connect Nebius to governments with strong demand for sovereign AI.

The move could also pave the way to more such deals, as it acts as validation for the broader neocloud space.

Nebius is already delivering scorching-hot growth, with revenue up 454% in its most recent quarter to $582.3 million, and the Palantir partnership should extend its runway.

Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy.

In the latest close session, Palantir Technologies Inc. (PLTR - Free Report) was down 2.31% at $170.30. The stock fell short of the S&P 500, which registered a loss of 0.58% for the day. Meanwhile, the Dow lost 1.18%, and the Nasdaq, a tech-heavy index, lost 0.32%.

Shares of the company have depreciated by 0.51% over the course of the past month, underperforming the Computer and Technology sector's gain of 0.12%, and the S&P 500's loss of 0.36%.

Investors will be eagerly watching for the performance of Palantir Technologies Inc. in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.41, showcasing a 95.24% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $2.17 billion, up 83.95% from the year-ago period.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.6 per share and revenue of $8.14 billion. These totals would mark changes of +113.33% and +81.77%, respectively, from last year.

Investors should also pay attention to any latest changes in analyst estimates for Palantir Technologies Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, Palantir Technologies Inc. boasts a Zacks Rank of #1 (Strong Buy).

With respect to valuation, Palantir Technologies Inc. is currently being traded at a Forward P/E ratio of 109.06. Its industry sports an average Forward P/E of 20.46, so one might conclude that Palantir Technologies Inc. is trading at a premium comparatively.

Also, we should mention that PLTR has a PEG ratio of 1.97. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 1.08 based on yesterday's closing prices.

The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 84, this industry ranks in the top 35% of all industries, numbering over 250.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

Palantir is upgraded to a 'Buy' as its meta-compute layer and ontology-driven AI architecture solidify a unique moat in enterprise and sovereign AI. PLTR's value-based pricing model captures economic surplus from AI compute deflation, supporting 271% Y/Y U.S. commercial TCV growth and a 62% adjusted operating margin. Sovereign tech architecture and regulatory moats, evidenced by DoD wins and IL6/FedRAMP certifications, underpin the company's dominance in mission-critical AI deployments.

DMC Group LLC lessened its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 47.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,556 shares of the company’s stock after selling 4,042 shares during the quarter. DMC Group LLC’s holdings in Palantir Technologies were worth $532,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. BlackRock Inc. raised its stake in Palantir Technologies by 0.4% in the second quarter. BlackRock Inc. now owns 189,817,693 shares of the company’s stock valued at $22,146,030,000 after purchasing an additional 757,322 shares in the last quarter. State Street Corp grew its stake in Palantir Technologies by 1.1% in the 4th quarter. State Street Corp now owns 102,385,317 shares of the company’s stock worth $18,198,990,000 after buying an additional 1,126,418 shares in the last quarter. Geode Capital Management LLC grew its stake in Palantir Technologies by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 54,200,265 shares of the company’s stock worth $9,599,882,000 after buying an additional 805,047 shares in the last quarter. Norges Bank bought a new position in shares of Palantir Technologies in the 4th quarter worth $5,149,641,000. Finally, Invesco Ltd. increased its holdings in shares of Palantir Technologies by 2.8% in the 4th quarter. Invesco Ltd. now owns 22,415,082 shares of the company’s stock worth $3,984,281,000 after buying an additional 616,297 shares during the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Palantir Technologies Stock Performance PLTR stock opened at $174.33 on Monday. The company has a market capitalization of $418.93 billion, a PE ratio of 149.00, a price-to-earnings-growth ratio of 2.47 and a beta of 1.62. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $207.52. The company’s 50 day moving average price is $150.22 and its two-hundred day moving average price is $143.63.

Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the company earned $0.16 EPS. The firm’s revenue was up 92.8% on a year-over-year basis. On average, research analysts predict that Palantir Technologies Inc. will post 1.27 EPS for the current year. Insider Buying and Selling at Palantir Technologies In other news, insider Shyam Sankar sold 35,000 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $155.70, for a total transaction of $5,449,500.00. Following the transaction, the insider directly owned 642,786 shares of the company’s stock, valued at approximately $100,081,780.20. This trade represents a 5.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeffrey Buckley sold 1,250 shares of Palantir Technologies stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $174.29, for a total value of $217,862.50. Following the completion of the transaction, the insider owned 56,921 shares in the company, valued at approximately $9,920,761.09. This represents a 2.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 721,508 shares of company stock valued at $117,070,093. Company insiders own 9.53% of the company’s stock.

Key Stories Impacting Palantir Technologies Here are the key news stories impacting Palantir Technologies this week:

Positive Sentiment: Expanded PwC alliance strengthens Palantir’s enterprise AI reach. Palantir and PwC expanded their strategic partnership to help organizations scale AI, transform mergers and acquisitions, and modernize ERP systems. PwC’s consulting network could help Palantir secure more corporate customers and larger deployments. PwC and Palantir Expand Strategic Alliance Positive Sentiment: Army contract adds support for the government business. Palantir won a prime agreement to deliver eight TITAN tactical intelligence ground-station systems to the U.S. Army, reportedly valued at about $192 million. The award expands Palantir’s role in defense intelligence and reinforces demand for its software and data platforms. What Does Palantir Winning Army Work Mean for AI Growth? Positive Sentiment: Technical momentum remains constructive. Palantir recently moved above its 20-day moving average and flashed a “golden cross” signal, which technical investors may interpret as evidence of continued short-term strength. The company’s latest reported quarter also featured 92.8% year-over-year revenue growth and earnings above analyst expectations. Neutral Sentiment: Investor commentary remains broadly bullish but speculative. Articles highlight Palantir as a potential AI software and cybersecurity winner, while management continues to promote secure, customized AI deployments. These views may support sentiment but do not represent new financial guidance. Negative Sentiment: Premium valuation leaves little room for disappointment. Palantir’s market capitalization is above $400 billion and its price-to-earnings ratio is around 149, making the stock vulnerable to profit-taking or any slowdown in growth and margins. Analysts note that its rapid expansion is already reflected in the share price. Is Palantir’s AI Growth Worth the Premium Valuation? Negative Sentiment: Competitive and insider-selling concerns persist. Google’s expanding government AI offerings could pressure Palantir’s public-sector opportunity. Michael Burry also renewed his bearish criticism of Palantir’s valuation and business model. Separately, a director sold $244,915 of stock under a pre-arranged Rule 10b5-1 plan, a modest negative sentiment signal. What’s Bugging Palantir’s Stock? Analyst Upgrades and Downgrades Several analysts have recently weighed in on the stock. Wolfe Research assumed coverage on shares of Palantir Technologies in a research report on Tuesday, August 4th. They set a “buy” rating on the stock. BNP Paribas Exane assumed coverage on shares of Palantir Technologies in a research report on Tuesday, June 16th. They issued an “underperform” rating for the company. Cantor Fitzgerald started coverage on Palantir Technologies in a research note on Tuesday, August 4th. They issued an “overweight” rating on the stock. President Capital upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and raised their price target for the company from $25.50 to $133.00 in a research report on Monday, June 29th. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating and set a $90.00 price target on shares of Palantir Technologies in a research note on Friday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $192.19.

Get Our Latest Analysis on PLTR

(Free Report)

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.

See Also Five stocks we like better than Palantir Technologies AI Token Costs Are Changing the Hardware vs. Software Debate 3 ETFs That Could Move as Rate Expectations Shift 3 Stocks With September Catalysts Investors Shouldn’t Ignore Ollie’s Bargain Outlet Stock Falls on Weak Comps Despite Margin Gains Want to see what other hedge funds are holding PLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palantir Technologies Inc. (NASDAQ:PLTR – Free Report).

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HB Wealth Management LLC reduced its holdings in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 5.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 91,527 shares of the company’s stock after selling 5,087 shares during the period. HB Wealth Management LLC’s holdings in Palantir Technologies were worth $10,679,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Basepoint Wealth LLC bought a new position in shares of Palantir Technologies during the 4th quarter valued at $29,000. Cornerstone Financial Management LLC bought a new stake in Palantir Technologies in the fourth quarter worth $31,000. Wexford Capital LP bought a new stake in Palantir Technologies in the third quarter worth $36,000. Prudent Man Investment Management Inc. purchased a new stake in Palantir Technologies during the fourth quarter valued at about $35,000. Finally, Monetary Solutions Ltd purchased a new stake in Palantir Technologies during the fourth quarter valued at about $36,000. 45.65% of the stock is owned by hedge funds and other institutional investors.

Palantir Technologies News Summary Here are the key news stories impacting Palantir Technologies this week:

Positive Sentiment: Expanded PwC alliance strengthens Palantir’s enterprise AI reach. Palantir and PwC expanded their strategic partnership to help organizations scale AI, transform mergers and acquisitions, and modernize ERP systems. PwC’s consulting network could help Palantir secure more corporate customers and larger deployments. PwC and Palantir Expand Strategic Alliance Positive Sentiment: Army contract adds support for the government business. Palantir won a prime agreement to deliver eight TITAN tactical intelligence ground-station systems to the U.S. Army, reportedly valued at about $192 million. The award expands Palantir’s role in defense intelligence and reinforces demand for its software and data platforms. What Does Palantir Winning Army Work Mean for AI Growth? Positive Sentiment: Technical momentum remains constructive. Palantir recently moved above its 20-day moving average and flashed a “golden cross” signal, which technical investors may interpret as evidence of continued short-term strength. The company’s latest reported quarter also featured 92.8% year-over-year revenue growth and earnings above analyst expectations. Neutral Sentiment: Investor commentary remains broadly bullish but speculative. Articles highlight Palantir as a potential AI software and cybersecurity winner, while management continues to promote secure, customized AI deployments. These views may support sentiment but do not represent new financial guidance. Negative Sentiment: Premium valuation leaves little room for disappointment. Palantir’s market capitalization is above $400 billion and its price-to-earnings ratio is around 149, making the stock vulnerable to profit-taking or any slowdown in growth and margins. Analysts note that its rapid expansion is already reflected in the share price. Is Palantir’s AI Growth Worth the Premium Valuation? Negative Sentiment: Competitive and insider-selling concerns persist. Google’s expanding government AI offerings could pressure Palantir’s public-sector opportunity. Michael Burry also renewed his bearish criticism of Palantir’s valuation and business model. Separately, a director sold $244,915 of stock under a pre-arranged Rule 10b5-1 plan, a modest negative sentiment signal. What’s Bugging Palantir’s Stock? Palantir Technologies Stock Performance Shares of PLTR stock opened at $174.33 on Monday. The firm has a market cap of $418.93 billion, a P/E ratio of 149.00, a P/E/G ratio of 2.47 and a beta of 1.62. Palantir Technologies Inc. has a fifty-two week low of $106.37 and a fifty-two week high of $207.52. The business’s 50 day moving average price is $150.22 and its 200-day moving average price is $143.63. Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its earnings results on Monday, August 3rd. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Palantir Technologies had a return on equity of 30.57% and a net margin of 49.01%.The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the company earned $0.16 earnings per share. The firm’s revenue for the quarter was up 92.8% on a year-over-year basis. As a group, equities analysts predict that Palantir Technologies Inc. will post 1.27 EPS for the current year.

Analyst Upgrades and Downgrades Several research analysts have recently commented on PLTR shares. Needham & Company LLC set a $215.00 price objective on Palantir Technologies in a report on Tuesday, August 11th. Northland Securities set a $200.00 target price on Palantir Technologies in a report on Tuesday, August 4th. President Capital upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and raised their price target for the stock from $25.50 to $133.00 in a research report on Monday, June 29th. Roth Capital assumed coverage on Palantir Technologies in a research note on Tuesday, August 4th. They issued a “buy” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft raised Palantir Technologies from a “hold” rating to a “buy” rating and set a $200.00 price target on the stock in a research note on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $192.19.

View Our Latest Analysis on PLTR

Insider Activity at Palantir Technologies In related news, Director Lauren Friedman Stat sold 1,342 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $182.50, for a total transaction of $244,915.00. Following the transaction, the director owned 52,765 shares in the company, valued at $9,629,612.50. The trade was a 2.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alexander C. Karp sold 492,348 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $174.79, for a total transaction of $86,057,506.92. Following the transaction, the insider owned 6,432,258 shares in the company, valued at $1,124,294,375.82. This represents a 7.11% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 721,508 shares of company stock worth $117,070,093. 9.53% of the stock is currently owned by insiders.

Palantir Technologies Company Profile (Free Report)

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.

Read More Five stocks we like better than Palantir Technologies AI Token Costs Are Changing the Hardware vs. Software Debate 3 ETFs That Could Move as Rate Expectations Shift 3 Stocks With September Catalysts Investors Shouldn’t Ignore Ollie’s Bargain Outlet Stock Falls on Weak Comps Despite Margin Gains Want to see what other hedge funds are holding PLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palantir Technologies Inc. (NASDAQ:PLTR – Free Report).

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Palantir alum Vinoo Ganesh said some companies were mistaking FDEs for "sales engineers." Vinoo Ganesh This as-told-to essay is based on a conversation with Vinoo Ganesh, the 34-year-old CEO of Kepler. He spent over six years at Palantir in the 2010s and later worked at Citadel. He's based in New York. It's been edited for length and clarity.

Palantir had a program we called Project Frontline. The idea behind Frontline was: How do we take software engineers and expose them to life as a forward-deployed engineer?

I actually went through a version of this before the program. I started off on the product development team, did a rotation that lasted for a long time as a forward-deployed engineer, then went back to the product development team.

I was running the program for a good chunk of time. We had a bunch of people go through it. Some folks stayed as forward-deployed engineers; some rotated back to becoming software engineers.

At the time, the state of the world was that forward-deployed engineers were moving really fast, and were very close to the customer. The software engineering team tended to be geographically — literally, some folks were in Palo Alto — culturally isolated from the urgency the FDE team had.

Marketing leader Jonathan Adashek shares how IBM is communicating its AI tools to both employees and clients

The idea was: walk a mile in the other person's shoes.

Palantir worked really hard to set all of these folks up for success. We would give them mentors. They would have two touch points: a forward-deployed engineering manager and a software engineering manager.

People loved it. They'd be in corporate housing for a few months, displaced somewhere other than their home office. It's not like every FDE went through this program; it was a set of software engineers who expressed interest.

We called it "business engineering" at Citadel. The goal was much more focused on internal portfolio managers and analysts. Palantir's FDEs are much more focused on customers external to the company. At Citadel, we were focused on folks internal to the organization.

It was still the same operating model: Citadel's engineering team has a core product, and our goal is to better inform its development by engaging with portfolio managers, analysts, and associates.

What other companies get wrong about FDEsI've always modeled forward-deployed engineers as being an extension of the product team. Your job is to solve problems to gain product insights that inform product development.

Some people are modeling it — incorrectly, in my opinion — as sales engineers. Some people are modeling it as quota-carrying salespeople. I've seen everything from a forward-deployed equity researcher to a forward-deployed principal architect.

I think "FDE" is being used incorrectly as a stopgap for lack of product-market fit at some of these companies. Where I see it being used is to force customers to use your product that otherwise may not want to.

Palantir had a culture of autonomy and empowerment. If you identified a problem, you'd be able to be the agent of action and go solve that problem. That's what allowed FDEs to thrive.

I also think Palantir's product is almost perfect for the forward-deployed engineering ecosystem. You've built this horizontal platform that can work in a variety of industries, and FDEs are the individuals creating the vertical applications.

I'd be thinking about our product and whether or not it's relevant for an FDE function. I don't think of an FDE as a way of selling more tokens. I don't think of an FDE as a way to get users to use your product when they haven't had a pain point solved.

It's being used as a catch-all now for a combination of sales, customer success, or marketing functions to show that you care about customers.

I see a lot of organizations focused on trying to get their product in front of as many people as possible, whether or not that actually generates the compounding product returns.

The world isn't black and white. There's a whole bunch of middle grounds to what kind of FDE you need at what point in your trajectory. These are my opinions and not a formal statement around how Palantir did things.

I think this is the future of software engineering. If writing code isn't the differentiator anymore, the opportunity is: how do you understand customers deeply and viscerally?

It's really important to get software engineers globally more customer-aware. For me, the FDE is more of a mindset than a job title.

Do you work at Palantir? Contact reporter Henry Chandonnet on Signal at henrychand.30.

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Henry Chandonnet You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Henry Chandonnet is a senior reporter on the Business News desk. He writes about tech culture, from Silicon Valley's startup class to the everyday AI user. He also closely covers Big Tech and the workplace. Henry previously wrote for Fast Company, where he covered trending tech news. He's written for The Daily Beast, People Magazine, and Vulture.Email Henry at [email protected], reach him on Signal at henrychand.30, or follow him on X @HenryChandonnet. 

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SCHG markets itself as a diversified large-cap growth fund, but a closer look at its holdings reveals a much narrower bet, and that structural quirk may explain why growth investors keep watching SPY and QQQ pull ahead.

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The Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) devotes 9.83% of the fund to Apple (NASDAQ:AAPL | AAPL Price Prediction), a position larger than its holdings in Tesla (NASDAQ:TSLA) at 3.91%, Meta Platforms (NASDAQ:META) at 3.45%, and Palantir (NASDAQ:PLTR) at 1.25% combined.

SCHG holds nearly two hundred stocks, but that label understates what an investor actually owns.

The Apple weighting is only the start. NVIDIA (NASDAQ:NVDA) sits on top at 11.01%, Apple next at 9.83%, and Microsoft (NASDAQ:MSFT) at 7.17%. Three companies control close to a third of the portfolio. Anyone who bought SCHG for diversified exposure across a large growth basket got something narrower: a three-stock bet wearing broader packaging.

Gap Growth Investors Did Not Sign Up For Through the September 3 close, SCHG returned 10.12% year-to-date on a price basis. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) returned 13.38%, and the Invesco QQQ Trust (NASDAQ:QQQ) returned 16.83%. A fund built for growth trailed a broad-market benchmark by roughly 3 points and lost to the Nasdaq-100 by nearly 7 points. The concentration numbers only partly explain that gap.

That said, there’s more to the underperformance.

Blaming Apple alone would be lazy analysis. Apple rose 21.06% year to date, aided by a $109.4 billion June quarter that CEO Tim Cook called “our strongest June quarter ever, with double-digit revenue growth across iPhone, Mac and Services”. NVIDIA rose 22.64% after data center revenue grew 117% year over year. Those two positions helped SCHG.

The drag came from what SCHG under-owns and from what its index rules push toward the top. The Dow Jones U.S. Large-Cap Growth index anchors weights to size and pure-growth factor scores, which promotes established mega-caps even when their year is quiet. Microsoft returned only 6.15% year-to-date, with a 7% weight. Tesla is down 16.31%. Palantir, the year’s marquee AI story, is capped at 1.25% despite 92.83% revenue growth last quarter, because Schwab’s methodology throttles the most expensive names.

QQQ pulled ahead because it captures the same semiconductor and hardware complex that SCHG holds, plus non-growth-classified names like Costco and T-Mobile that the Nasdaq-100 already includes. SPY beat SCHG because its benchmark rewards whichever mega-caps are working, growth-tagged or not.

How SCHG Stacks Up Against VUG The closest peer is the Vanguard Growth ETF (NYSEARCA: VUG), which returned 9.56% year-to-date. VUG holds a heavier NVIDIA position at 13.3% and an Apple position at 12.3%, and it does not hold Palantir in its top ranks. That the two large-cap growth funds finished within roughly half a point of each other suggests SCHG’s design is not broken. The growth category itself sat behind the market, and any factor-scored large-cap growth vehicle landed in the same neighborhood.

SCHG trades near $36, and some buyers treat that low nominal price as an advantage because a $10,000 deposit buys more shares than an equivalent stake in SPY near $773 or QQQ near $718. It is not an advantage. Returns compound on dollars invested, not share counts, and a lower share price is an accident of how many times a fund has split.

What SCHG Actually Delivers SCHG’s shortfall this year is mostly a timing problem tied to which mega-caps led. If Apple, NVIDIA, and Microsoft continue leading, the same concentration that pinched in early 2026 reasserts itself in the fund’s favor.

The design problem only shows up if leadership rotates durably toward names SCHG cannot weight heavily, whether Palantir-style AI upstarts or non-growth-tagged cash cows in SPY. Investors who want a purer bet on today’s leaders should look at QQQ. Investors comfortable with a factor-scored, mega-cap-tilted growth basket are getting exactly what SCHG’s rules require.

Contact [email protected] for any questions or corrections.

Billionaire Peter Thiel, co-founder of Palantir Technologies, runs the investment company Thiel Macro. The company sold its entire portfolio in Q3 2025 and did not buy stocks again until Q2 2026, when it added eight new positions. The largest was Amazon (AMZN +1.54%), an artificial intelligence stock up 560% in the past decade.

Interestingly, Thiel does not own a position in Nvidia. In fact, Amazon is the only technology company in his portfolio. The other seven stocks come from the energy sector, likely because he believes the massive power requirements of AI data centers will become a bottleneck.

Regardless, investors should take a closer look at Amazon. Here are the important details.

Image source: Getty Images.

Amazon is using AI to unlock new revenue streams and improve efficiency The investment thesis for Amazon is simple. The company enjoys a strong competitive presence in retail e-commerce, digital advertising, and cloud computing, three markets where annual sales growth is projected to be 12% to 16% through the end of the decade. Think of that range as a baseline forecast for Amazon's earnings growth during the same period.

However, Amazon's earnings could grow more quickly as investments in artificial intelligence unlock new revenue streams and improve productivity. Within retail, Amazon is the largest operator of industrial mobile robots, and the company is leaning on AI to make its fleet faster and more efficient. For instance, workers can engage the latest Proteus robots in natural language.

"We see a long runway for further efficiency improvements in fulfillment and shipping costs, in particular with robotics," writes Morgan Stanley analyst Brian Nowak. He thinks fulfillment and shipping costs consume 36% of retail revenue, so margins could improve substantially if Amazon successfully automates a good chunk of that work.

Elsewhere, Amazon Web Services (AWS), as the leading provider of cloud infrastructure and platform services, is well-positioned to capitalize on AI demand simply because it has a large customer base. Those customers may find it easier to adopt AI tools within AWS, where their data already resides, rather than migrate to a new cloud platform.

However, Amazon's cloud computing revenue could grow faster than the industry average as it monetizes proprietary AI agents and Trainium chips, custom silicon built specifically for training and inference workloads. Morgan Stanley estimates AWS could generate $1 trillion in revenue in 2035, implying 21% annual growth over the next nine-plus years.

Amazon is spending heavily on AI infrastructure, but those investments are paying off Amazon reported sensational financial results in the second quarter, beating estimates on the top and bottom lines. Revenue rose 20% to $201 billion, the fifth straight acceleration, and operating income (which excludes unrealized gains from its stake in Anthropic) rose 43% to $28 billion.

Amazon's financial results in the cloud computing segment were particularly noteworthy because they offer concrete proof that the company is earning reasonable returns on investments in AI infrastructure. In the second quarter, AWS revenue increased 37%, the fastest growth in 18 quarters.

Admittedly, some investors are still anxious about Amazon's projected $220 billion in capital expenditure (capex) spending this year, up from $128 billion last year. But strong results in the AWS segment, including triple-digit sales growth from AI workloads, should allay some of those concerns.

Additionally, CEO Andy Jassy provided encouraging insight on the earnings call. "As we get a few years out and the revenue growth outpaces the incremental capex growth, which will happen at some point, the resulting revenue, free cash flow, and return on invested capital is very compelling."

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Most Wall Street analysts think Amazon stock is undervalued Wall Street estimates Amazon's earnings will increase at 21% annually over the next three years. That makes the current valuation of 21 times earnings look cheap. Those numbers give a price-to-earnings-to-growth (PEG) ratio of 1, which is even more compelling than the average PEG ratio of 1.5 in the second quarter when Peter Thiel bought the stock.

Indeed, Wall Street thinks Amazon is undervalued today. Among 70 analysts, the stock has a median 12-month target price of $330 per share. That implies 32% upside from its current share price of $255. Patient investors with a five-year time horizon should feel comfortable buying a small position right now.

Palantir Gains on Expanded PwC Deal: AI Push Gets Another Major Boost Summary

Palantir expands its PwC relationship as both sides target AI deployments across major corporate operations

Palantir Technologies PLTR is gaining after expanding its work with PwC US, giving the software company another channel to bring its artificial intelligence tools into large corporate projects.

The collaboration will cover areas including mergers and acquisitions, enterprise AI deployments and complex business planning. The expanded relationship could help broaden Palantir's exposure to commercial customers as companies increase spending on data and automation.

The company still faces risks tied to its customer mix and the timing of large contracts. Shifts in government spending or delays in major renewals could make quarterly results less predictable.

The PwC expansion may strengthen Palantir's commercial AI opportunity, but investors will likely watch whether new partnerships translate into recurring revenue.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

3.9.2026 22:07

Wall Street má za sebou solidní růst tažený výrokem člena FEDu Wallera, který naznačil ochotu hlasovat pro podržení sazeb na současné úrovni. Růst indexů jde na vrub především největším společnostem jako Nvidia, Meta nebo Microsoft. Index S&P 500 je půl procenta od historického maxima.

Index Dow Jones +1,18 % na 53686,11 b.
S&P 500 +1,06 % na 7747,71 b.
Nasdaq Composite +1,4 % na 26584,06 b.

Index S&P 500 +1,06 % na 7747,71 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Zbytná spotřeba +1,6 % Energie -0,7 % Finanční sektor +1,6 % Základní materiály -0,5 % Komunikační služby +1,5 % Nezbytná spotřeba 0 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Robinhood Markets (HOOD) +17 % Ciena Corp (CIEN) -10 % Coinbase Global (COIN) +10 % Tyson Foods (TSN) -7,3 % Palantir Technologies (PLTR) +7,7 % Charter Communications (CHTR) -4,8 % ServiceNow (NOW) +6,5 % Albemarle Corp (ALB) -4,1 % Principal Financial Group (PFG) +6,5 % General Mills (GIS) -3,3 %
Martin Varecha
Fio banka, a.s.
Prohlášení

3.9.2026 19:48

Americké akciové trhy dnes utěšeně rostou, když růst velkých technologických titulů a pokles dluhopisových výnosů převažují nad mírným zdražením ropy v reakci na další eskalaci konfliktu mezi USA a Íránem. Trhům pomohla slova guvernéra Fedu Christophera Wallera, že by byl ochoten podpořit ponechání sazeb beze změny, pokud bude inflace dál vykazovat pokrok směrem k dvouprocentnímu cíli. Peněžní trhy proto snížily sázky na zářijové zvýšení sazeb, i když Waller zároveň uvedl, že při silnějších inflačních datech by hike zvažoval. Investoři nyní čekají především na páteční srpnový report z trhu práce a následně na inflační data za srpen, která budou zveřejněna 11. září před zasedáním Fedu 15.–16. září. Geopolitickou nejistotu udržuje pokračující konflikt s Íránem, když podle zdrojů Írán odpálil střely na Kuvajt v reakci na americké bombardování z počátku týdne.

Růst táhnou především velké technologické a komunikační tituly. Microsoft (MSFT +2,62 %), Apple (AAPL +0,58 %), Meta Platforms ( META +3,71 %) a Nvidia (NVDA +2,24 %) po oznámení dohody o převzetí platformy Hugging Face za zhruba 13 mld. USD. Pozitivní nálada se ale neopírá jen o akcie — výnosy dluhopisů klesají, což pomáhá oceněním růstových titulů. Výnos desetiletého amerického dluhopisu se snižuje o 3 bazické body na 4,75 %. Euro roste o 0,4 % na 1,1639 USD. Ropa navzdory geopolitice roste jen mírně: WTI přidává 0,6 % na 91,57 USD za barel a Brent 0,1 % na 95,75 USD za barel. Zlato posiluje o 2,4 % na 4 486,61 USD za unci, bitcoin roste o 4,6 % na 80 973 USD a ether o 4,2 % na 2 495 USD.

Z jednotlivých titulů nejvíce vyčnívá Snowflake (SNOW), který skáče o 21 % po výrazně lepších kvartálních tržbách i zisku a zvýšení celoročního výhledu tržeb. Firma zároveň upozornila na rychlou adopci svého AI nástroje pro asistované programování. Naopak Broadcom (AVGO) klesá o 3,7 %, přestože výsledky překonaly odhady a firma očekává zdvojnásobení tržeb z AI čipů ve fiskálním roce končícím v roce 2028. Investory ale zklamal slabší celkový výhled tržeb. Hewlett Packard Enterprise  (HPE) odepisuje 3,6 %, i když výsledky překonaly odhady a firma zvýšila výhled díky poptávce po cloudu a AI, protože trh znepokojily dodavatelské limity a další rizika. Tyson Foods (TSN) ztrácí 7,4 % po snížení výhledu tržeb a provozního zisku kvůli tlaku na marže z volatilních cen skotu, zatímco Victoria’s Secret (VSXY) propadá o 14 %, když zisk překonal odhady, ale tržby zaostaly za očekáváním.

Index Dow Jones +1,22 % na 53707,52 b.
S&P 500 +1,04 % na 7746,61 b.
Nasdaq Composite +1,4 % na 26585,07 b.

Index S&P 500 +1,04 % na 7746,61 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Zbytná spotřeba +1,9 % Základní materiály -0,1 % Komunikační služby +1,8 % Energie 0 % Finanční sektor +1,4 % Zdravotní péče +0,1 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Robinhood Markets (HOOD) +15 % Ciena Corp (CIEN) -10,0 % Coinbase Global (COIN) +11 % Tyson Foods (TSN) -7,1 % Palantir Technologies (PLTR) +7,8 % Charter Communications (CHTR) -4,9 % Tesla (TSLA) +7,2 % Moderna (MRNA) -4,2 % Principal Financial Group (PFG) +6,7 % General Mills (GIS) -4,0 %
Martin Varecha
Fio banka, a.s.
Prohlášení

While Palantir (NASDAQ: PLTR) stock recorded remarkable gains through August and began the September 3 regular session with a 5% upsurge, Finbold’s predictive machine learning algorithms estimate that the coming weeks will bring a rather deep correction.

Specifically, after consulting a series of technical analysis (TA) indicators, including oscillators, moving averages (MA), and the relative strength index (RSI), the Finbold AI Agent determined that PLTR shares will be changing hands at $164.42 on September 30, 2026: 8.45% below the press time price of $179.60.

Finbold AI Palantir stock price prediction for September 30, 2026. Source: Finbold Among the five artificial intelligence (AI) models included in the predictive system, ChatGPT-5.6 Sol proved the most optimistic, as it forecasted a 1.58% move higher to $182.40.

China’s most recognizable AI, DeepSeek, came in at the other end of the spectrum with a $135 September 30, 2026 price target, meaning it estimates that Palantir stock will decline 24.82% during the month.

Meanwhile, another OpenAI model, GPT-5.7 Luna, was the only other part of the system to forecast a rally: 1.25% to $181.80. Terra, made by the same company, predicted a 11.78% decline to $158.40.

Lastly, Google’s (NASDAQ: GOOGL) AI, Gemini, came in as moderately bearish: Palantir stock will retrace 8.39% to $164.50 by September 30, 2026.

Palantir stock price performance Elsewhere, the bearishness of Finbold’s predictive machine learning algorithms runs against PLTR shares’ recent performance. Indeed, after struggling through most of the year, the technology giant suddenly shot up at the very end of July and the start of August and flipped its year-to-date (YTD) performance into a 7% gain.

This upsurge is especially visible on the monthly charts, which show a 42.94% Palantir stock rally to $179.60.

Palantir stock price one-month chart. Source: Google Still, as PLTR shares approach their 52-week highs – recorded in late 2025 – and given the speed of the latest upsurge, the AI-predicted September correction appears more than plausible, as resistance to the uptrend will likely only increase.

Featured image via Shutterstock

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Michael Burry is once again targeting Palantir Technologies (NASDAQ:PLTR), and this round is all about the accounting.

PLTR stock is moving. See the real-time price action here.  In a new post titled “Palantir: An Accounting,” published on X and his Substack, Burry disclosed he remains short Palantir stock and holds put options against it. 

“Palantir is back in the stratosphere,” he wrote. “The facts have not changed. Yes, FOMO is pushing companies to hire Palantir for now, but its competitive position gets more dire almost by the day.”

Receivables Under the MicroscopeThe centerpiece of his latest argument is accounts receivable. Burry says AR has grown faster than revenue in nine of the last 12 quarters, a pattern he links to “nefarious tricks such as channel stuffing, aggressive revenue recognition, or extended payment terms used as sales concessions.” 

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Burry zeroes in on a single “Customer A” — which he believes is a large government client — whose share of Palantir’s AR climbed from under 10% before the IPO to 26% in 2024 and 25% in the most recent 10-K, all while never accounting for more than 10% of revenue.

Trending

He also points to days sales outstanding (DSO), noting the average “has almost doubled from 35 days in 2020 to 66 days in 2025.” 

His conclusion: “Any way I slice it, Palantir is losing either bargaining power or it is channel stuffing, or both. The former is a weak business position, and the latter a crime.”

‘The Stock Price Is the Business Model’Burry didn’t stop at receivables. He compared Palantir’s deferred-revenue pattern to consultancies like Accenture (NYSE:ACN) rather than true SaaS peers such as Salesforce (NYSE:CRM) or ServiceNow (NYSE:NOW), arguing this undercuts bulls who justify Palantir’s valuation using software multiples. 

He also cited a Financial Times report on CEO Alex Karp‘s private jet expenses, which hit $17.2 million in 2025, and noted Palantir paid zero federal tax that year despite $1.6 billion in pre-tax income.

Summing up his view of the business model, Burry wrote: “With $PLTR, in so many ways, the stock price is the business model.”

PLTR Stock Price Activity: Palantir stock traded higher Thursday, undisturbed by Burry’s latest swipe. Shares were up 6.90% at $181.14 at the time of publication Thursday, according to Benzinga Pro.

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Photo: Samuel Boivin / Shutterstock

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Foxtrot to lead implementation as OPT builds the digital infrastructure for a more connected, scalable operating model  | Source: Ocean Power Technologies, Inc.

MONROE TOWNSHIP, N.J., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in intelligent maritime solutions and services, today announced that it is implementing Palantir Foundry through the Palantir for Builders program to support its expanding U.S. and international deployment footprint. OPT has engaged Foxtrot Professional Services (“Foxtrot”), a Foundry-native Palantir partner, to lead the effort and strengthen the operating capabilities required for continued growth.

As OPT moves from individual deployments to repeatable delivery of its autonomous maritime systems and services, the Palantir Foundry platform will create greater end-to-end visibility across key business functions, from manufacturing and supply chain through deployment, fleet operations, maintenance and customer support. Drawing on deep expertise in Palantir Foundry implementation and engineering, Foxtrot will connect data and workflows across these functions, model the relationships and dependencies that drive execution, and establish governed workflows for day-to-day decision-making.

“Scaling autonomous maritime systems requires more than building additional vehicles and platforms. It requires the infrastructure to deploy, operate and support those systems reliably at increasing volume,” said Philipp Stratmann, President and Chief Executive Officer of Ocean Power Technologies. “Palantir Foundry gives us a powerful foundation to connect our operations and make faster, data-driven decisions as we scale. Working with Foxtrot allows us to accelerate that implementation, and we are already linking existing records into the Palantir Foundry platform.”

“The ocean is the next great frontier for autonomy, and OPT is using AI to redefine national security, provide zero-emission power source for offshore operations and support marine research.”, said Christine Williams, Co-CEO of Foxtrot Professional Services. “This is exactly the kind of bold, consequential mission that is part of Foxtrot’s DNA. We’re thrilled to partner with OPT to build the operating backbone to take these missions to the next level.”

“Our goal is to build the operating infrastructure today that supports significantly greater scale tomorrow,” Stratmann added. “This is another step towards a more scalable, integrated maritime technology business.”

ABOUT OCEAN POWER TECHNOLOGIES

OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets, including Merrows™, which provides AI capable seamless integration of Maritime Domain Awareness Systems across platforms. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® unmanned surface vessels (USVs) and marine robotics services. The Company’s headquarters is in Monroe Township, New Jersey, with an additional office in Richmond, California. To learn more about OPT’s groundbreaking products, services and solutions, visit www.OceanPowerTechnologies.com.

ABOUT FOXTROT PROFESSIONAL SERVICES

Foxtrot Professional Services is a women-led Palantir partner founded by Palantir alumni and enterprise operators. Forged in Foundry, Foxtrot helps organizations close the last-mile gap of enterprise AI by delivering production-grade, governed workflows designed for adoption and value that lasts.

FORWARD-LOOKING STATEMENTS

This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company's current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and subject to risks and uncertainties, including the continuing successful implementation of the Palantir Foundry system. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.

Contact Information
Investors: 203-561-6945 or [email protected]
Media: 609-730-0400 x402 or [email protected]

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Palantir just landed a U.S. Army production contract for next-generation AI targeting systems, yet the stock is sinking anyway. The reason has nothing to do with the company and everything to do with which basket Wall Street keeps it in.

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Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction) won a U.S. Army production award this morning to build the service’s next-generation targeting ground stations, and the stock is falling anyway. The move captures a rotation story more than a company story. Software is being sold today, and Palantir stock is trading in that basket rather than with the defense contractors whose contract it just won.

That framing shows up in two funds. The iShares Expanded Tech-Software Sector ETF (CBOE:IGV) is down 3% to $103.06 midday Wednesday. Meanwhile, the iShares U.S. Aerospace & Defense ETF (CBOE:ITA) is down 0.7% to $223.87 in the same session.

Palantir stock is down 7% to $166.65, giving back a chunk of a very large one-month run. Also, Salesforce (NYSE:CRM) shares are down 1% to $255.06, a much shallower give-back after a similarly large run.

Army TITAN Award Moves to Production The U.S. Army awarded Palantir a prime agreement to produce and deliver eight TITAN systems, the Tactical Intelligence Targeting Access Node, split between four Advanced variants and four Basic variants, per the company’s announcement. The award moves the AI-enabled deep-sensing platform out of prototype development and into production and operational fielding.

That’s a meaningful milestone for a program that has spent years in development, and it establishes a recurring hardware-plus-software delivery cadence for the platform. Production awards typically follow a low-rate initial phase before broader fielding, so today’s announcement is best read as the start of a longer procurement runway.

Palantir is the prime contractor, responsible for manufacturing and delivery of the complete system as well as the software that runs it, and it continues to support prototypes already deployed with Army units. TITAN is a crewed ground station that fuses data from space, high-altitude, aerial and terrestrial sensors into targeting intelligence for mission command and long-range precision fires. The role puts Palantir on the hardware side of a program as well as the software side, an unusual posture for a company still classified almost universally as enterprise software.

The announcement discloses no dollar value, so the revenue impact from today’s news can’t be determined from it. Investors weighing their exposure are effectively pricing a program of unknown near-term size against a sector move they can see in real time. That asymmetry, undisclosed contract economics against a very visible sector selloff, is part of why the news isn’t doing more work for the stock.

Priced Like Software Palantir stock is falling several times harder than the software fund and many times harder than the defense fund. That tells you which basket Palantir stock actually trades in, regardless of where its revenue comes from. On a session where high-multiple software is being sold, a defense win doesn’t rescue Palantir stock, and the market’s classification of the company matters more than the mix of its underlying business.

Salesforce offers a cleaner comparison than the software fund because it also ran up sharply into today. Over the past month through Tuesday’s close, Salesforce stock was up 40% while Palantir stock was up 46%. Both ran hard, both are giving back today, but Palantir stock is giving back many times more than Salesforce, so the size of the prior run isn’t the whole explanation for the size of today’s move.

No company-specific bad news accounts for the size of today’s decline in PLTR stock. The plainer read is rotation out of high-multiple software, compounded by profit taking after a very large one-month run. Traders can watch for signs that software funds stabilize, since a firmer basket would remove the mechanical selling pressure Palantir is absorbing today.

What to Watch Palantir’s next earnings release is scheduled for November 2, after the close. That takes near-term catalysts off the table on the company side and leaves Palantir stock exposed to sector flows for the next several weeks. The pain here is classification-driven, tied to where Palantir stock trades in the software basket.

Salesforce reports November 25, also after the close. Shareholders may want to keep an eye on whether the software complex holds a bid through that window, since the sector’s tone into a large-cap software report often shapes positioning across the group.

Investors treating Palantir as a defense holding should recognize that the market is treating it as a high-multiple software name today, and price behavior in software is what will drive the near-term path for Palantir stock. Sizing their exposure to the volatility that comes with that classification, rather than to the steadier profile of the defense basket, is the practical takeaway from a session like this one.

Contact [email protected] for any questions or corrections.