Palantir stock jumps 8% on strong FY26 revenue forecast, CEO Alex Karp praises ‘Stellar, unusual, sublime’ performance

Palantir Technologies' stock on Monday zoomed up 8% on the Nasdaq in after-hours trading following news that the company's revenue forecast for FY26 far exceeded Wall Street estimates. At the time of writing, it was up 6.97% to $158.06 per share.The data analytics company said it expects FY26 revenues to jump to around $7.19 billion or gain 61%, per a Bloomberg report. Further, for the current quarter, Palantir reported a sales forecast of close to $1.53 billion, also exceeding Wall Street estimates.Palanti ...