PREVIEW: Palantir seen reporting strong quarterly revenue growth as governments eye AI tools

Palantir Technologies

04/05/2026 18:49

** Shares of government software contractor Palantir Technologies PLTR.O up 2.6% at $147.81 ahead of its quarterly earnings report due after markets close

** Wall Street analysts expect PLTR to report 74% growth in revenue  to $1.54 bln, while adjusted EPS is expected to more than double to 28 cents

** PLTR's revenue and adjusted EPS have exceeded analyst expectations in the past eight quarters

** PLTR secured a big win when its Maven artificial intelligence system was named an official program of record by Pentagon officials, a move that locks in long-term use of Palantir’s weapons-targeting technology across the U.S. military

** 32 analysts covering PLTR give it an average rating of "BUY" and median PT is $194, per LSEG data

    ** PLTR is down 16.9% YTD vs NASDAQ Composite Index's .IXIC 7.8% increase

(Reporting by Chibuike Oguh in New York)

((Email: Chibuike.Oguh@thomsonreuters.com; Phone: +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))