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stocksAug 3, 2026, 8:27 PM

Palantir Jumps 9% After-Hours on Strong Q2 Earnings and Revenue Beat

Palantir Technologies shares surged 9% in after-hours trading Monday after the company reported second-quarter results that exceeded analyst expectations.

PLTR

Palantir Technologies (PLTR) released its fiscal second-quarter earnings after the market close on Monday, posting adjusted earnings per share of $0.41 and revenue of $1.94 billion. Both figures came in above consensus estimates.

The artificial intelligence and big data firm saw its stock jump 9% in extended trading, reflecting investor optimism about its growth trajectory. The beat was driven by strong demand for its AI-powered software platforms.

The after-hours move adds to a volatile year for Palantir shares, as the market continues to reprice AI-related companies. Palantir has been expanding its commercial and government contracts, which contributed to the quarterly outperformance.

Source: FXStreet Forex News