Palantir Technologies (NASDAQ:PLTR) shares rallied sharply this week despite remaining slightly negative for the year.
PLTR stock is up 38% this week, while still down 4% year-to-date, per Benzinga Pro data.
Palantir Beats Q2 Estimates, Lifts 2026 outlook Palantir reported second-quarter results Monday with revenue of $1.94 billion versus analyst estimates of $1.8 billion and adjusted earnings of 41 cents per share versus 35 cents per share.
U.S. revenue rose 115% year-over-year to $1.57 billion, and U.S. commercial revenue climbed 149% to $764 million.
Read Also: SpaceX Stock Meltdown Takes $28 Billion Bite Out of Google's Portfolio Palantir closed 220 deals worth over $1 million in the quarter, and cash from operations totaled $1.22 billion.
