PLTR Research Update — August 28, 2026 (Updated)
Updated Thesis
Palantir Technologies provides Gotham, Foundry and AIP software for government, defense and commercial customers, combining data integration, ontology-driven workflows and AI deployment capabilities. Business quality is high: revenue grew 92.8% year over year and earnings grew 225.0% year over year in the most recent quarter, while TTM gross, operating and net margins were 84.8%, 42.8% and 49.0%, respectively, and ROE was 37.5%. Its expanding U.S.
The investment grade as of this refresh is C — average business quality. High-tier business, expensive-tier valuation; the $181.94 fair value implies only 4.4% upside from $174.33.
Key Metrics at a Glance
- Revenue growth: +92.8% year over year
- Net margin: 49.0%
- Fair value upside: +4.4% to our estimate of $182
Current price: $174.33
These figures reflect our most recent data pull and are one input into a multi-factor valuation framework.
Our 12–18 Month Outlook
Quality companies held over a multi-year horizon benefit from compounding fundamentals and the patience to ride through short-term volatility. Palantir Technologies Inc. remains in our covered universe with a average-quality assessment. We update research when material data changes — earnings revisions, management shifts, or regime changes in valuation — not on every price fluctuation.
Long-term accumulation of quality businesses at fair or better prices is the core of the Patient Accumulator approach. Research updates like this one inform whether to add, hold, or wait for a better zone — not whether to react to short-term price moves.
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