PLTR
The upgrade train keeps rolling
Palantir is back in the spotlight, and this time it’s because an analyst slapped on a Strong Buy after the company’s monster Q2. Translation: the market has not, in fact, decided the Palantir story is over. If anything, the “what if this thing keeps compounding?” crowd is getting louder.
Why the bulls are still dancing
The bullish case here is basically a highlight reel:
- Q2 revenue jumped 93% year over year and 19% quarter over quarter
- The company’s Rule of 40 score hit a wild 155, which is the kind of number that makes growth investors sit up straight
- Management raised FY26 guidance and its U.S. commercial outlook, which is Wall Street code for: “we think the momentum can keep going”
That combo matters because Palantir’s valuation has always been a tug-of-war between “this is absurdly expensive” and “okay, but what if it’s also absurdly good?” The latest upgrade is another vote for Team Maybe-It-Deserves-It.
Big picture
For you as an investor, this isn’t just about one more analyst getting excited. It’s another sign that Palantir’s AI-and-government-to-commercial crossover act is still pulling in believers, even after the earnings fireworks. Big picture: the stock keeps turning skeptics into late-arriving tourists.