Prediction: This Is Where Palantir Stock Will Trade When Its Revenue Hits $10 Billion
Shares of Palantir Technologies (NASDAQ:PLTR) ended at a record $209.05 on Oct. 9. At roughly $198 as I write, they’re about 5% under that peak.
The artificial intelligence (AI) software specialist’s second-quarter revenue grew 93% year over year to about $1.94 billion. And management now expects about $8.15 billion in revenue for 2026, or 82% more than last year.
At this rate, a $10 billion year isn’t far away. Palantir’s revenue for its past four quarters could clear that level as early as the middle of 2027.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.