Veytics Intelligence
2026-09-20 · NASDAQ

Palantir Nearly Doubled Its Revenue. Its Stock Stood Still. Is It Time to Buy the Stock?

Key Points Palantir's second-quarter revenue rose 93% year over year to about $1.9 billion. Management now targets about $8.15 billion of 2026 revenue, nearly double the goal it set for 2025 at this point last year. Even after the stock's flat year cut its sales multiple roughly in half, shares cost about 52 times guided sales. 10 stocks we like better than Palantir Technologies › Shares of Palantir (NASDAQ:PLTR) trade around $176 as of this writing -- about where they sat a year ago. A flat year is normally a forgettable one, but not for this company. Over those 12 months, the artificial intelligence data and analytics specialist nearly doubled its revenue, more than tripled its quarterly operating income, and raised its 2026 outlook twice.

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