Peter Thiel

Latest moves

Nov 9, 2026 edition

Peter ThielEarningsAI & techPLTRAI read · ▲ Milestone

Palantir's US commercial sales top government sales for first time

The move

Palantir's third-quarter revenue rose 95.9% to $2.31 billion. US commercial revenue jumped 148% to $984 million, overtaking US government revenue of $953 million for the first time in the company's history. The company raised its full-year 2026 revenue outlook to about $8.53 billion.

Why it matters

The milestone shows Palantir, co-founded and chaired by Peter Thiel, successfully shifting from a government-contractor reputation toward winning corporate AI customers.

The bear case

Despite the beat, Palantir's stock traded lower than before the report, as some investors questioned whether its valuation already prices in years of future growth.

What to watch

Palantir's next earnings report, expected in February, will show whether commercial revenue keeps outpacing government work.

Source · StocktwitsRead original ↗Report an error

Nov 3, 2026 edition

Peter ThielIPO / MarketsAI & techPLTRAI read · ▼ Commercial crossover

Palantir's US commercial sales top government revenue for first time

The move

Palantir reported third-quarter revenue of $2.31 billion, above the $2.18 billion analysts expected, with adjusted EPS of 44 cents versus 41 cents expected. U.S. commercial revenue rose 148% to $984 million, surpassing U.S. government revenue of $953 million for the first time in the company's history. Palantir raised its full-year 2026 revenue outlook to about $8.53 billion and projected roughly $2.65 billion in fourth-quarter revenue. Shares still dipped about 3% in after-hours trading. Peter Thiel remains Palantir's largest individual shareholder.

Why it matters

The shift toward commercial customers matters because it shows Palantir's AI software is finding buyers beyond its original base of government and defense contracts, a key test of whether its growth can keep scaling.

The bear case

The stock fell anyway, a sign that after Palantir's huge run-up this year, even a beat-and-raise quarter isn't enough to satisfy a valuation priced for near-perfect execution.

What to watch

Whether commercial revenue keeps outpacing government revenue when Palantir reports in early 2027.

Source · CNBCRead original ↗Report an error

Oct 21, 2026 edition

Peter ThielPolicyAI & techPLTRAI read · ▲ Overhang removed, not a new contract

Palantir settles London lawsuit over scrapped police deal

The move

Palantir and the Mayor of London's Office for Policing and Crime (Mopac) settled, on Oct. 14, the lawsuit Palantir had brought after Mopac blocked a roughly £50 million deal for the Metropolitan Police to use Palantir's AI-driven crime-analysis software. Both sides withdrew their allegations against each other. Palantir had argued the block was an unlawful veto based on the firm's "values and ethics"; Mopac said its decision rested on procurement process, not on Palantir specifically. The Met has opened a fresh competition for the analytics contract.

Why it matters

The settlement clears Palantir to compete again for a UK police contract it had been shut out of, at a time when the firm is also facing a separate review of an NHS contract in Britain.

The bear case

Palantir isn't guaranteed to win the re-opened competition, and UK scrutiny of its government contracts continues on other fronts.

What to watch

The outcome of the Met's new procurement competition for the analytics contract.

Source · ITV NewsRead original ↗Report an error

Oct 19, 2026 edition

Peter ThielMarketsAI & techPLTRAI read · ▼ Valuation reset

Palantir drops 7.2% as AI-financing doubts spread

The move

Palantir shares fell 7.22% on October 16 to $186.03, part of a broader software-sector selloff. ServiceNow and Salesforce also dropped as investors questioned how the AI infrastructure buildout will be financed. The stock closed about 11% below the record high it set October 9.

Why it matters

Palantir has been one of the most richly valued AI stocks this year, so it's a bellwether for how investors are pricing the risk that heavy AI spending doesn't pay off on schedule.

The bear case

The drop tracks a sector-wide move, not a Palantir-specific setback, and Goldman Sachs upgraded the stock to Buy with a $230 target just days earlier.

What to watch

Palantir's third-quarter earnings, November 2.

Source · 24/7 Wall St.Read original ↗Report an error

Oct 13, 2026 edition

Peter ThielIPO / MarketsAI & techPLTRAI read · ▲ Street turns bullish

Goldman Sachs upgrades Palantir to buy

The move

Goldman Sachs upgraded Palantir from Neutral to Buy on October 8, setting a $230 price target, about 18% above the stock's prior close. Analyst Gabriela Borges cited demand for sovereign AI, bespoke government and enterprise applications, and Palantir's industry-focused strategy. Shares rose as much as 2.5% in premarket trading the next session, nearing a 10-month high.

Why it matters

The upgrade reflects growing Wall Street confidence in Palantir's AI-driven government and enterprise business heading into its next earnings report.

The bear case

Palantir already trades at a rich valuation relative to earnings, and one upgrade doesn't resolve long-standing questions about how much growth is already priced in.

What to watch

Palantir's next quarterly earnings report.

Source · StocktwitsRead original ↗Report an error

Oct 11, 2026 edition

Peter ThielMarketsAI & techPLTRAI read · ▲ Bulls pile in

Goldman Sachs upgrades Palantir to Buy on sovereign AI demand

The move

Goldman Sachs analyst Gabriela Borges upgraded Palantir to Buy from Neutral on Thursday, October 8, with a 12-month price target of $230, implying about 18% upside from Wednesday's close of $194.12. The call cites demand for sovereign AI, bespoke AI systems and Palantir's forward-deployed engineering model. Shares rose 1.8% to $197.53 Thursday, outperforming a falling market (the S&P 500 fell 0.47%, the Nasdaq fell 1.25%).

Why it matters

Palantir is chairman and major shareholder Peter Thiel's biggest publicly traded position; a bullish turn from a major bank adds to the stock's case after a lagging year against the Nasdaq 100.

The bear case

Palantir still trades at a rich multiple on revenue growth that has to keep accelerating; one upgrade doesn't resolve the valuation debate, and Zacks Research cut its own rating to Hold around the same time.

What to watch

Palantir's next quarterly report for whether sovereign and government deals keep growing as fast as Borges expects.

Source · IBTimes UKRead original ↗Report an error

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