Overview
- Poland’s defense minister and CEO Alex Karp signed an Oct. 27 letter of intent in Warsaw covering cooperation on data integration, AI, and cybersecurity, with Polish officials signaling interest in battlefield management and logistics systems.
- The agreement remains an early-stage framework with few disclosed details and no announced value, positioning Palantir to deepen its presence on NATO’s eastern flank.
- Shares touched a record intraday high of 192.83 and are up more than 150% this year, trading roughly 200% above the year-to-date low.
- Wall Street models about $1.09 billion in Q3 revenue and 17 cents EPS, with some analysts cautioning that guidance could be raised more modestly than last quarter’s step-up.
- Recent results showed Q2 revenue of $1.004 billion with government sales at $553 million, U.S. commercial revenue up 93% year over year, and new partnerships including a reported $200 million Lumen deal and a Snowflake tie-up, even as valuation multiples remain unusually high.