Palantir Shares Close at $192.60 Ahead of Nov. 2 Earnings

Palantir Technologies Inc. (PLTR) shares closed at $192.60 on Oct. 20, leaving Mizuho’s $245 price target about 27% above the stock price ahead of the company’s third-quarter results. The shares fell 0.80% during the session, closing at 4 p.m. ET (20:00 UTC).

On Oct. 15, Mizuho lifted its Palantir share target to $245 from $215 while keeping its Outperform rating. The target applies to Palantir shares. Earlier coverage of the Mizuho and Baird target changes also described the distinction between the stock and Binance’s PLTRUSDT contract.

For the quarter ended June 30, 2026, Palantir reported $1.935 billion in revenue, up 93% from a year earlier. U.S. commercial revenue rose 149% to $764 million. The company forecast third-quarter 2026 revenue of $2.160 billion to $2.164 billion.

Palantir’s third-quarter 2026 results are scheduled for release after U.S. markets close Nov. 2, with a webcast at 5 p.m. ET (22:00 UTC). Binance’s PLTRUSDT is a separate perpetual derivative settled in Tether (USDT) that tracks Palantir shares and trades around the clock. Holders of the contract do not own Palantir stock, and Mizuho’s target does not apply to PLTRUSDT.