Palantir Stock Rises Ahead of Q3 Earnings After Four-Day Losing Streak

Palantir Technologies (NASDAQ: PLTR) shares rose 1.34% to $186.58 in Monday’s premarket trading, recovering some of their recent four-session losses ahead of the company’s third-quarter earnings report due after the U.S. market closes on November 2.

Wall Street expects Palantir to report approximately $2.18 billion in revenue and adjusted earnings of $0.41 per share, according to MarketBeat. The revenue estimate is roughly $16 million above the upper end of the company’s previously issued guidance of $2.160 billion to $2.164 billion.

The consensus reflects expected year-over-year revenue growth of about 84% from the $1.181 billion Palantir reported in the third quarter of 2025. The EPS estimate also represents an increase of about 94% from the $0.21 per share reported a year earlier.

Palantir Shares Remain Below Pre-Selloff Level

Palantir’s stock fell about 7.4% from its October 26 close of $198.84 to $184.11 on Friday. Most of the decline occurred in the final session, when shares fell 6.27% on October 30.

The decline coincided with a broader technology-sector selloff, as the Nasdaq Composite fell 2.86% on Friday amid concerns over artificial intelligence spending.

Despite Monday’s premarket recovery, the stock remained approximately 6.2% below its October 26 close.

Separately, Palantir Tokenized bStocks (PLTRB), a tokenized instrument distinct from the Nasdaq-listed shares, traded at $186.65, up 0.7% over the preceding 24 hours, according to CoinMarketCap.

Full-Year Guidance Sets Additional Earnings Benchmarks

Palantir’s existing full-year 2026 revenue guidance calls for $8.150 billion to $8.158 billion, following an increase to its forecast in August.

The company also expects U.S. commercial revenue to exceed $3.424 billion for the year, representing at least 134% growth.

In the second quarter, Palantir reported total revenue of $1.935 billion, up 93% year over year. U.S. commercial revenue increased 149% to $764 million during the same period.

Palantir will host a management webcast at 5 p.m. ET to discuss its third-quarter financial results and outlook.