Palantir Technologies (PLTR)
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-09-04
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-09-04
Research Workspace
Put PLTR beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Application Software is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is accelerating — up about 79% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on capital allocation, earnings delivery, market reaction to earnings.
View ManagementExpectations look high — the market is pricing in about 81% growth a year, above the roughly 63% analysts expect, leaving little room for error.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 48% in its worst 12-month stretch.
View RiskPalantir's growth in sovereign AI must continue to justify its price. The company is positioned to capture a growing market for sovereign AI solutions. Revenue expectations increased after a strong Q2, with 93% year-over-year growth. Palantir raised its FY26 revenue guidance to $8.150-$8.158 billion. It trades at 73× price-to-sales, above the peer median of 4×. This premium suggests high expectations for future growth. A risk exists if Palantir cuts guidance on the next call, with a 12% miss probability. Peer multiples imply a price about 19% above where it trades. This read is provisional.
Trailing returns as of 2026-09-04. PLTR is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 32 analysts currently covering PLTR (as of Sep 2026).
Based on 9 Wall Street analysts offering 12-month price targets for PLTR in the last 4 months.
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Compare PLTR with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
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| PLTR Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across our valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No fair value published
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
This applies to all three horizons. The trailing multiples, peer comparison, and quality and trajectory reads on this page are unaffected. Names move in and out of this state day to day as the methods converge or diverge. Method agreement on this name is low.
Top 10% on quality vs scored peers
A price-focused, side-by-side fair-value read versus Application Software — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put PLTR next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Increase U.S. commercial revenue
Expanded alliance enhances commercial revenue potential.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $174.33
The last 12 months of price, then the range of analyst 12-month targets from today’s $174.33.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.

Threatens: Increase U.S. commercial revenue
Revenue growth from U.S. commercial may be impacted.

Advances: Increase U.S. commercial revenue
Winning the Army contract boosts U.S. commercial revenue.

Advances: Increase U.S. commercial revenue
Army contract and PwC alliance boost U.S. commercial revenue.

Concerns about valuation could impact investor sentiment.

Advances: Increase U.S. commercial revenue
Strengthens commercial revenue through partnership with Microsoft.

Threatens: Increase U.S. commercial revenue
Contract not boosting U.S. commercial revenue as expected.

New leadership could enhance strategic direction and execution.
