Analyst Consensus ?
ConsensusHold26 ratings
Bullish1350.0%
Neutral1038.5%
Bearish311.5%
Palantir Technologies Inc. · PLTR · FY2025 Q4 · Calendar Q1 2026
Palantir pairs rapid growth with continued AI investment
The supplied analysis supports a constructive operating thesis: strong U.S. commercial and government demand, high customer expansion and raised guidance are being paired with continued investment in AI and defense platforms. The main counterweights are geographic concentration, international execution, procurement cycles and expense growth.
Reported After market closeNASDAQTechnology
$429.48B market cap
90quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.25
Consensus $0.23
EPS surprise
+8.6%
Reported versus consensus
Reported revenue
$1.41B
Consensus $1.34B
Revenue surprise
+4.9%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+6.8%
Event window
SPY move
-0.8%
Same window
Abnormal move
+7.7%
Stock minus SPY
Volume
2.8×
Versus trailing sessions
Subsequent drift
-3.0%
Up to 20 sessions
PLTRSPY benchmark
Ask FN2 about PLTR FY2025 Q4
Transcript, numbers and history already loaded
Why did PLTR rise 6.8% after beating EPS estimates in FY2025 Q4?What changed in PLTR's guidance and outlook in FY2025 Q4?Give me the bull and bear case for PLTR after FY2025 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The quarter added evidence of accelerating U.S. demand and broader product deployment. Management raised FY2026 revenue guidance and emphasized new or expanding initiatives including ShipOS, Maven Edge and AI FDE, while maintaining a confident tone about scaling AI-native enterprises.
Guidance delta
Management raised its outlook, with FY2026 revenue guidance of $7.19 billion, implying 61% year-over-year growth.
Key takeaways
- Management described strong demand for its AI platform across commercial and government customers.
- U.S. commercial revenue grew 137% year over year, while U.S. government revenue grew 66%.
- Management highlighted a 139% net dollar retention rate and continued expansion of Foundry, AIP, Hivemind and AI FDE.
- The company plans further deployments of ShipOS and Maven Edge across defense and industrial customers.
Management priorities
- Scale investments in AIP, Hivemind and AI FDE.
- Expand Foundry as an operating system for AI-native organizations.
- Deploy ShipOS and Maven Edge across additional defense and industrial customers.
- Continue expanding U.S. commercial and government contracts.
- Develop an American technology fellowship for shipbuilding suppliers.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$187.05Previous close
$4.5Low
$132.72Average
$250High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 1, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Rosenblatt | Buy | Buy | Maintain | Sep 23, 2026 |
| UBS | Buy | Buy | Maintain | Sep 15, 2026 |
| DA Davidson | Buy | Buy | Maintain | Sep 11, 2026 |
| Piper Sandler | Overweight | Overweight | Maintain | Aug 4, 2026 |
| Mizuho | Outperform | Outperform | Maintain | Aug 4, 2026 |
| Deutsche Bank | Buy | Hold | Upgrade | Aug 4, 2026 |
| Citigroup | Buy | Buy | Maintain | Aug 4, 2026 |
| Cantor Fitzgerald | Neutral | Neutral | Maintain | Aug 4, 2026 |
| Wolfe Research | Peer Perform | Underperform | Upgrade | Jun 16, 2026 |
| Wedbush | Outperform | Outperform | Maintain | Jun 5, 2026 |
| Argus Research | Buy | Hold | Upgrade | May 6, 2026 |
| RBC Capital | Underperform | Underperform | Maintain | May 5, 2026 |
| HSBC | Hold | Buy | Downgrade | May 1, 2026 |
| Freedom Broker | Buy | Sell | Upgrade | Feb 13, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Nov 4, 2025 |
| Goldman Sachs | Neutral | Neutral | Maintain | Nov 4, 2025 |
| Baird | Neutral | Neutral | Maintain | Nov 4, 2025 |
| B of A Securities | Buy | Buy | Maintain | Nov 4, 2025 |
| Loop Capital | Buy | Buy | Maintain | Aug 5, 2025 |
| William Blair | Market Perform | Underperform | Upgrade | Mar 5, 2025 |
| Northland Capital Markets | Market Perform | Market Perform | Maintain | Feb 4, 2025 |
| Jefferies | Underperform | Underperform | Maintain | Feb 4, 2025 |
| Benchmark | Buy | Buy | Maintain | Dec 20, 2024 |
| Raymond James | Market Perform | Outperform | Downgrade | Sep 23, 2024 |
| Monness, Crespi, Hardt | Sell | Neutral | Downgrade | Jun 21, 2024 |
| Credit Suisse | Neutral | Neutral | Maintain | May 10, 2023 |
Named analyst price targets
Upside is calculated against the persisted previous close $187.05. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| UBS | Analyst unavailable | $250 | $173.31 | +33.7% | Sep 15, 2026 |
| D.A. Davidson | Gil Luria | $250 | $168.03 | +33.7% | Sep 11, 2026 |
| UBS | Analyst unavailable | $215 | $175.23 | +14.9% | Aug 11, 2026 |
| Northland Securities | Analyst unavailable | $200 | $158.09 | +6.9% | Aug 4, 2026 |
| Mizuho Securities | Gregg Moskowitz | $215 | $153.91 | +14.9% | Aug 4, 2026 |
| Goldman Sachs | Analyst unavailable | $204 | $125.65 | +9.1% | Aug 4, 2026 |
| Cantor Fitzgerald | Analyst unavailable | $156 | $125.65 | -16.6% | Aug 4, 2026 |
| D.A. Davidson | Gil Luria | $200 | $125.65 | +6.9% | Aug 4, 2026 |
| Jefferies | Brent Thill | $80 | $125.65 | -57.2% | Aug 4, 2026 |
| RBC Capital | Rishi Jaluria | $90 | $121.72 | -51.9% | Jul 31, 2026 |
| D.A. Davidson | Analyst unavailable | $175 | $125.73 | -6.4% | Jul 2, 2026 |
| UBS | Karl Keirstead | $200 | $129.98 | +6.9% | Jun 16, 2026 |
| Cantor Fitzgerald | Thomas Blakey | $138 | $137.42 | -26.2% | May 22, 2026 |
| Argus Research | Analyst unavailable | $190 | $135.91 | +1.6% | May 6, 2026 |
| D.A. Davidson | Analyst unavailable | $165 | $137.31 | -11.8% | May 5, 2026 |
| HSBC | Analyst unavailable | $151 | $144.07 | -19.3% | May 1, 2026 |
| Oppenheimer | Param Singh | $200 | $137.97 | +6.9% | Apr 30, 2026 |
| Mizuho Securities | Gregg Moskowitz | $185 | $132.37 | -1.1% | Apr 14, 2026 |
| Daiwa | Analyst unavailable | $180 | $142.91 | -3.8% | Feb 10, 2026 |
| Deutsche Bank | Brad Zelnick | $200 | $155.6 | +6.9% | Feb 3, 2026 |
| HSBC | Analyst unavailable | $205 | $156.07 | +9.6% | Feb 3, 2026 |
| D.A. Davidson | Analyst unavailable | $180 | $154.46 | -3.8% | Feb 3, 2026 |
| Northland Securities | Analyst unavailable | $190 | $147.76 | +1.6% | Feb 3, 2026 |
| UBS | Analyst unavailable | $180 | $147.76 | -3.8% | Feb 3, 2026 |
| Mizuho Securities | Analyst unavailable | $195 | $147.76 | +4.3% | Feb 3, 2026 |
| Piper Sandler | Analyst unavailable | $230 | $147.76 | +23.0% | Feb 3, 2026 |
| Jefferies | Analyst unavailable | $208 | $165.33 | +11.2% | Jan 22, 2026 |
| Truist Financial | Analyst unavailable | $223 | $174.04 | +19.2% | Jan 6, 2026 |
| Cantor Fitzgerald | Thomas Blakey | $198 | $192.26 | +5.9% | Nov 4, 2025 |
| D.A. Davidson | Analyst unavailable | $215 | $192.67 | +14.9% | Nov 4, 2025 |
| Morgan Stanley | Analyst unavailable | $205 | $192.29 | +9.6% | Nov 4, 2025 |
| Goldman Sachs | Analyst unavailable | $188 | $192.06 | +0.5% | Nov 4, 2025 |
| UBS | Karl Keirstead | $205 | $207.18 | +9.6% | Nov 4, 2025 |
| Robert W. Baird | William Power | $200 | $207.18 | +6.9% | Nov 4, 2025 |
| Mizuho Securities | Gregg Moskowitz | $205 | $207.18 | +9.6% | Nov 4, 2025 |
| Piper Sandler | Analyst unavailable | $201 | $177.21 | +7.5% | Oct 14, 2025 |
| Mizuho Securities | Analyst unavailable | $165 | $171.43 | -11.8% | Sep 15, 2025 |
| Wedbush | Daniel Ives | $200 | $173.27 | +6.9% | Aug 5, 2025 |
| Morgan Stanley | Analyst unavailable | $155 | $173.27 | -17.1% | Aug 5, 2025 |
| Piper Sandler | Brent Bracelin | $182 | $173.27 | -2.7% | Aug 5, 2025 |
| D.A. Davidson | Gil Luria | $170 | $173.27 | -9.1% | Aug 5, 2025 |
| Loop Capital Markets | Analyst unavailable | $180 | $173.27 | -3.8% | Aug 5, 2025 |
| UBS | Analyst unavailable | $165 | $173.27 | -11.8% | Aug 5, 2025 |
| Deutsche Bank | Brad Zelnick | $160 | $173.27 | -14.5% | Aug 5, 2025 |
| Wedbush | Daniel Ives | $160 | $142.5 | -14.5% | Jul 10, 2025 |
| Loop Capital Markets | Mark Schappel | $155 | $135.19 | -17.1% | Jun 12, 2025 |
| Mizuho Securities | Matthew Broome | $94 | $108.86 | -49.7% | May 6, 2025 |
| D.A. Davidson | Gil Luria | $115 | $108.86 | -38.5% | May 6, 2025 |
| Loop Capital Markets | Mark Schappel | $130 | $108.86 | -30.5% | May 6, 2025 |
| Wedbush | Daniel Ives | $140 | $106.38 | -25.2% | May 6, 2025 |
| William Blair | Analyst unavailable | $84 | $90.13 | -55.1% | Mar 5, 2025 |
| D.A. Davidson | Gil Luria | $105 | $103.83 | -43.9% | Feb 4, 2025 |
| Mizuho Securities | Gregg Moskowitz | $80 | $103.83 | -57.2% | Feb 4, 2025 |
| Morgan Stanley | Sanjit Singh | $95 | $103.83 | -49.2% | Feb 4, 2025 |
| Jefferies | Brent Thill | $60 | $103.83 | -67.9% | Feb 4, 2025 |
| Wedbush | Dan Ives | $75 | $64.35 | -59.9% | Nov 25, 2024 |
| Wedbush | Dan Ives | $57 | $51.02 | -69.5% | Nov 5, 2024 |
| D.A. Davidson | Gil Luria | $47 | $51.02 | -74.9% | Nov 5, 2024 |
| Wedbush | Daniel Ives | $45 | $37.12 | -75.9% | Sep 26, 2024 |
| Bank of America Securities | Mariana Perez Mora | $50 | $35.88 | -73.3% | Sep 16, 2024 |
| Northland Securities | Michael Latimore | $35 | $32.59 | -81.3% | Aug 22, 2024 |
| Citigroup | Tyler Radke | $30 | $29.28 | -84.0% | Aug 8, 2024 |
| Goldman Sachs | Gabriela Borges | $16 | $26.59 | -91.4% | Aug 6, 2024 |
| Bank of America Securities | Mariana Perez Mora | $30 | $26.92 | -84.0% | Aug 6, 2024 |
| Wedbush | Dan Ives | $38 | $26.82 | -79.7% | Aug 6, 2024 |
| D.A. Davidson | Gil Luria | $28 | $24.09 | -85.0% | Aug 6, 2024 |
| Wedbush | Daniel Ives | $50 | $28.9 | -73.3% | Jul 18, 2024 |
| Argus Research | Joseph Bonner | $29 | $23.57 | -84.5% | Jun 17, 2024 |
| Mizuho Securities | Gregg Moskowitz | $21 | $21.6 | -88.8% | May 7, 2024 |
| D.A. Davidson | Gil Luria | $24 | $21.7 | -87.2% | May 7, 2024 |
| Deutsche Bank | Brad Zelnick | $20 | $25.21 | -89.3% | May 7, 2024 |
| Wedbush | Dan Ives | $35 | $23.33 | -81.3% | May 6, 2024 |
| Jefferies | Brent Thill | $22 | $21.87 | -88.2% | Feb 6, 2024 |
| Goldman Sachs | Gabriela Borges | $11 | $16.66 | -94.1% | Aug 8, 2023 |
| Wedbush | Daniel Ives | $25 | $16.92 | -86.6% | Jul 28, 2023 |
| Goldman Sachs | Gabriela Borges | $8 | $8.59 | -95.7% | Feb 14, 2023 |
| Jefferies | Analyst unavailable | $7.5 | $6.36 | -96.0% | Jan 5, 2023 |
| Wolfe Research | Alex Zukin | $4.5 | $6.31 | -97.6% | Dec 21, 2022 |
| Citigroup | Analyst unavailable | $5 | $7.64 | -97.3% | Nov 11, 2022 |
| Citigroup | Analyst unavailable | $6 | $9.82 | -96.8% | Aug 9, 2022 |
| Jefferies | Analyst unavailable | $12 | $9.82 | -93.6% | Aug 9, 2022 |
| Deutsche Bank | Brad Zelnick | $8 | $9.82 | -95.7% | Aug 9, 2022 |
| Raymond James | Brian Gesuale | $20 | $10.46 | -89.3% | Jul 21, 2022 |
| Goldman Sachs | Gabriela Borges | $10 | $9.01 | -94.7% | Jun 23, 2022 |
| Bank of America Securities | Mariana Perez Mora | $13 | $8.86 | -93.0% | Jun 21, 2022 |
| Deutsche Bank | Brad Zelnick | $11 | $8.34 | -94.1% | May 15, 2022 |
| Morgan Stanley | Keith Weiss | $13 | $7.46 | -93.0% | May 10, 2022 |
| RBC Capital | Rishi Jaluria | $6 | $7.26 | -96.8% | May 10, 2022 |
| Piper Sandler | Weston Twigg | $14 | $7.46 | -92.5% | May 9, 2022 |
| Piper Sandler | Weston Twigg | $16 | $11.12 | -91.4% | Apr 27, 2022 |
| RBC Capital | Rishi Jaluria | $12 | $11.96 | -93.6% | Apr 25, 2022 |
| Monness | Brian White | $20 | $12.42 | -89.3% | Apr 14, 2022 |
| Piper Sandler | Weston Twigg | $15 | $11.87 | -92.0% | Mar 10, 2022 |
| Morgan Stanley | Keith Weiss | $16 | $11.11 | -91.4% | Mar 7, 2022 |
| Deutsche Bank | Brad Zelnick | $15 | $11.02 | -92.0% | Feb 20, 2022 |
| Wolfe Research | Alex Zukin | $9 | $11.02 | -95.2% | Feb 18, 2022 |
| RBC Capital | Rishi Jaluria | $9 | $11.77 | -95.2% | Feb 17, 2022 |
| Jefferies | Brent Thill | $21 | $12.94 | -88.8% | Feb 4, 2022 |
Track every rating change on PLTR the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationPalantir Technologies Inc. engineers and deploys advanced software platforms primarily for the intelligence community, supporting counterterrorism investigations and operations across the United States, the United Kingdom, and internationally. One such product is Palantir Gotham, a sophisticated software system that enables users to uncover hidden patterns within diverse datasets, from signals intelligence to confidential informant reports. Gotham also facilitates the seamless handover between analysts and operational personnel, helping operators strategize and execute real-world responses to threats pinpointed within the platform.…
Historical context
All PLTR earningsTechnology peers this season
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| DOCU DocuSign, Inc. | FY2027 Q2 · Calendar Q3 2026 | +6.4% | +3.7% | DocuSign Q2 FY27: IAM momentum supports a raised outlook |
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Get the PLTR recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-10-01T05:26:06.990976+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-01T05:26:06.988222+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-01. For educational purposes only; not investment advice.