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Palantir gains on upbeat sales forecast

ReutersNov 3, 2025 9:09 PM

Shares of Palantir Technologies PLTR.O up 3.8% at $214.97 in extended trading

PLTR expects Q4 sales between $1.327 bln and $1.331 bln, compared with analysts' estimate of $1.19 bln - data compiled by LSEG

Company lifts 2025 sales forecast to a range of $4.396 bln to $4.40 bln, from its earlier expectations of between $4.142 bln and $4.15 bln

Palantir reports Q3 revenue of $1.18 bln, beating estimate of $1.09 bln

Company posts adjusted EPS of 21 cents, also above estimate of 17 cents

Earlier in the day, PLTR shares hit a record high of $207.46

Up to last close, shares have more than doubled so far this year

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