Palantir jumps after raising annual revenue forecast

Palantir Technologies

03/08/2026 21:57

** Data analytics software provider Palantir Technologies' PLTR.O shares rise 13.1% to $142.09 in extended trading
** Company expects annual revenue to be between $8.15 bln and $8.16 bln, vs its prior forecast of $7.65 bln to $7.66 bln
** Expects Q3 revenue to be between $2.160 bln and $2.164 bln, above analysts' average estimate of $2.0 bln - data compiled by LSEG
** Q2 revenue rises 93% to $1.94 bln, exceeding the estimate of $1.80 bln
** Shares down 29.3% YTD

 (Reporting by Anhata Rooprai in Bengaluru)
 ((Anhata.Rooprai@thomsonreuters.com))