What the analyst said
StoneX analyst Yi Fu Lee reiterated a Hold rating on Palantir (NASDAQ: PLTR).
“We reiterate our Hold rating ahead of Palantir’s 3Q26 results on Monday, November 2, after the close. We expect another exceptional quarter led by U.S.
Commercial and Government demand, but the setup is increasingly demanding after the stock’s +54.5% appreciation since 2Q26 earnings on August 3.
With Palantir trading at 41.6x our 2027E EV/Revenue, investors will care less about whether the company beats and more about the magnitude of upside, implied 4Q26/2026 trajectory, net retention rate (NRR), large-deal activity, and evidence that growth can remain extraordinary at scale.”
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Track record
Firm track recordStoneX: 67% of its 3 targets at least a year old were reached within 12 months. Accuracy ranking →
