Palantir Technologies' stock on Monday zoomed up 8% on the Nasdaq in after-hours trading following news that the company's revenue forecast for FY26 far exceeded Wall Street estimates. Further, for the current quarter, Palantir reported a sales forecast of close to $1.53 billion, also exceeding Wall Street estimates. Palantir stock performance — signs of better things to come? In its report on 2 February, Palantir also beat Q4 expectations for US government and US commercial revenue. From its November peak, Palantir stock had slumped 29% just before the company reported results in December, and at the start of this year, it was down 17%.

Source: Mint February 03, 2026 02:31 UTC