NASDAQ:PLTR

Palantir Stock Drops After Big Earnings Beat as Investors Find One Weak Spot
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Palantir Stock Drops After Big Earnings Beat as Investors Find One Weak Spot

Palantir shares dropped 5.46% to $138.06 Tuesday after U.S. commercial revenue missed estimates, despite first-quarter results beating forecasts. Revenue rose 85% to $1.63 billion, with net income at $870.5 million. U.S. commercial sales reached $595 million, below the $602 million estimate, while U.S. government revenue climbed to $687 million. Palantir raised its 2026 revenue outlook to as high as $7.662 billion.
May 5, 2026

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