Palantir Earnings Report Looms After 29% August Surge

Palantir stock volatility following earnings

Palantir stock has moved by more than 6% following each of its last eight earnings reports. The stock price increased five times and decreased three times over this period.

Palantir shares jumped 29.4% in the session following the August 2026 earnings report. This 29.4% move represents the largest change among the last eight reports.

The company's worst reaction in this timeframe was a 12.0% drop following the May 2025 report.

Historical stock performance data

The results include increases of 23.4% in November 2024, 23.9% in February 2025, 7.8% in August 2025, 6.8% in February 2026, and 29.4% in August 2026.

Declines occurred in May 2025 at 12.0%, November 2025 at 7.9%, and May 2026 at 6.9%. The 12.0% drop following the May 2025 report marks the most significant decline for the stock in the last eight reports.

Howmet reports 29.4% revenue growth

In October, Howmet announced third-quarter revenue totaling $2.7 billion. 29, a 29.4% increase from the prior year. This result exceeded S&P analyst estimates of $2.59 billion. Shares rose 2.9% during the morning session that day.

It disclosed GAAP diluted EPS of $1.42 and adjusted EPS of $1.46. Both figures surpassed S&P analyst estimates of $1.37.

Howmet raised its full-year 2026 guidance and set 2027 revenue targets at approximately $11.5 billion. The board also approved a $5 billion addition to the company share repurchase program.

The company repurchased $500 million of common stock during the third quarter before this new authorization. Howmet shares traded at $205.85 on Oct. 29. This price is 2.8% lower year-to-date and 29.7% below the 52-week high of $292.65 reached in August 2026.

An investment of $1,000 in Howmet shares five years ago would be worth $6,935 today. Over the past year, the stock has experienced nine fluctuations exceeding 5%. Its largest move was an 8.9% gain nine months ago following fourth-quarter 2025 results.

Broader market trends and S&P 500 performance

On Wednesday’s Fed Day, the S&P 500 increased by 0.27%. This performance ended a streak of six consecutive Fed Day declines that began in January.

Through October 15, ten stocks contributed $4.93 trillion to market value this year. These firms represented 59% of the total increase in S&P 500 stocks.

Meta and Alphabet led six of the ten largest S&P 500 stocks lower last week. In that same timeframe, the index’s average stock rose 1.04%.

Palantir company profile and financial background

Palantir Technologies, Inc. is a public company headquartered in Miami, Florida. The firm has traded on the NYSE under the ticker PLTR since its IPO on September 30, 2020.

The company held a market capitalization of 100.62B USD as of October 29, 2024.

For the 2025 fiscal year, Palantir reported 4.48B USD in revenue and 3.69B USD in gross profit. It also recorded 1.41B USD in EBIT, 1.63B USD in net income, and an EPS of 0.6299999952316284 USD.

In the first quarter of 2026, the company generated 1.63B USD in revenue and 1.42B USD in gross profit. It reported 754.00M USD in EBIT, 876.40M USD in net income, and an EPS of 0.3400000035762787 USD.