Palantir Seen Falling 5% to $117 After Q2 Earnings as Valuation Concerns Persist
Updated
Updated · The Motley Fool · Jul 26
Palantir Seen Falling 5% to $117 After Q2 Earnings as Valuation Concerns Persist
3 articles · Updated · The Motley Fool · Jul 26
Summary
$123 shares could slip to about $117 after Palantir reports second-quarter results on Aug. 3, even if the company meets or slightly beats Wall Street expectations.
Consensus forecasts call for $1.8 billion in revenue and $0.35 in EPS, matching management's prior guidance but still leaving the stock exposed because investors see its P/S and P/E multiples as elevated.
That risk is amplified by uncertainty over how quickly agentic AI products can turn into durable, high-margin enterprise revenue, keeping near-term catalysts cloudy despite Palantir's long-term AI story.
Palantir has already fallen about 30% in 2026 as investors rotate out of enterprise SaaS, while recent reports from IBM and ServiceNow showed how even solid software earnings can trigger sharp initial sell-offs.