Palantir: Estimates Blown Away, Shares Soar (Rating Upgrade)

Palantir Technologies Inc. delivered a fifth consecutive double beat, with Q2 revenues up 94% and EPS 17% above consensus. PLTR's US revenue surged 115% year-over-year, driven by both government and commercial segments, with commercial growth nearing 150%. Operating margin expanded to 62%, up 1,600 bps YoY, underpinned by strong operating leverage. I upgrade PLTR stock to Buy, as the combination of accelerating growth, margin expansion, and a lower valuation creates an attractive long-term entry.

Palantir Technologies Inc. ( PLTR ) reported very strong quarterly results on Monday, beating estimates and raising the 2026 guidance . I believe that this underlines PLTR's enormous growth momentum -- add a valuation