Palantir Technologies announced on Monday that it will report second-quarter 2026 earnings after the market closes on August 3, 2026, followed by a 5:00 p.m. ET webcast and shareholder question-and-answer session. The PLTR stock announcement came as shares rose 2.5% in recent trading, extending a recovery from a roughly 25% June selloff that had pushed the stock to a 52-week low of $106.37.
The earnings date sets the stage for investor scrutiny of Palantir’s commercial growth momentum. In the first quarter ended March 31, the company reported revenue of $1.633 billion, representing 85% year-over-year growth and beating the consensus estimate of $1.54 billion. Adjusted earnings per share came in at $0.33, topping the $0.28 estimate by 18%, according to CNBC.
Palantir raised its full-year 2026 revenue guidance to $7.650 billion to $7.662 billion, representing 71% growth, up from prior guidance of 61% growth. U.S. commercial revenue surged 104% year-over-year in Q1 2026, marking the company’s strongest domestic expansion since its market debut in 2020, according to Palantir’s investor relations release.
Wall Street remains broadly bullish on the stock. According to public.com, 21 analysts have given Palantir a consensus rating of Buy, with a 2026 price prediction of $194.43. MarketBeat reports a consensus rating of “Moderate Buy” from 35 analysts, while Investing.com notes that 20 of 27 analysts recommend buying the stock.
Despite strong operational performance, PLTR stock has struggled in 2026, down roughly 28% year-to-date as of mid-July, according to reporting from Yahoo Finance and other outlets. The June decline erased earlier gains and tested investor patience despite the company’s accelerating revenue and improved profitability. The August 3 earnings release will give investors an opportunity to assess whether Palantir’s growth trajectory can sustain momentum and justify analyst price targets that suggest significant upside from current levels.
Sources
- Wall Street Horizon — confirmed August 3, 2026 earnings date
- Stock Titan — Q2 2026 earnings announcement details, webcast timing
- CNBC — Q1 2026 revenue of $1.63B, EPS of $0.33 vs $0.28 estimate
- Palantir Investor Relations — full-year 2026 revenue guidance of $7.650-$7.662B, U.S. revenue growth of 104% YoY
- Perplexity — 2.5% recent stock gain, ~25% June selloff, 52-week low of $106.37
- public.com — 21 analysts consensus Buy rating, $194.43 price target
- MarketBeat — Moderate Buy consensus from 35 analysts
- Investing.com — 20 of 27 analysts recommend Buy
- Yahoo Finance — PLTR down ~28% year-to-date as of July 2026
