Overview
- Poland’s defense minister Władysław Kosiniak-Kamysz and CEO Alex Karp signed a letter of intent on Oct. 27 to explore cooperation on data integration, AI, and cybersecurity, with few public details and no immediate revenue impact.
- Palantir shares touched an intraday record of $192.83 on Monday and are up about 150% this year, reflecting strong momentum into next week’s results.
- Analysts expect Q3 revenue of roughly $1.09 billion and earnings of about $0.17 per share for Nov. 3, with some caution that any guidance raise may be more modest than last quarter’s.
- In Q2, Palantir posted $1.004 billion in revenue, up 48% year over year, as U.S. commercial sales grew 93% and government revenue reached $553 million, or 55% of the total.
- Retail investors continue to press for a potential stock split, according to RBC’s survey, as the company’s $6 billion cash balance and rich valuation heighten attention on capital returns and guidance.