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Summary
Palantir (PLTR) closed at $198.73 on Oct. 27, 2026, down 0.06%, while the Nasdaq Composite rose 1.18%.
The coverage reviewed did not tie the dip to a company-specific event and looked ahead to third-quarter results due Nov. 2, per Barchart.
The stock closed 6.67% below its 52-week high of $212.94 ahead of the report.
Gotrade News - Palantir (PLTR) closed at $198.73 on Tuesday, October 27, 2026, down $0.11 (-0.06%), while the Nasdaq Composite rose 1.18%. The day's Palantir stock news centered on the company's third-quarter results due Nov. 2, and the coverage reviewed for this article did not tie the small dip to a company-specific event.
PLTR Trading Data
Data
Value
Closing price
$198.73
Change
-$0.11 (-0.06%)
Previous close
$198.84
Open
$198.12
Day range
$196.79 to $201.83
Volume
19.9 million shares
30-day average volume
23.2 million shares
52-week range
$106.37 to $212.94
Regular-session close on Tuesday, October 27, 2026, 4:00 p.m. New York time. Stock prices: Yahoo Finance, cross-checked against the closing price on Nasdaq.com. Volume and 30-day average volume: Nasdaq.com. 52-week range: Yahoo Finance daily highs and lows since October 28, 2025. Indices and the 10-year Treasury yield: Yahoo Finance daily closes for the same date.
Palantir opened at $198.12, traded as high as $201.83 and then gave back those gains, finishing $1.94 above the day's low of $196.79. Volume came in 14.08% below the average.
The flat finish left PLTR 1.24 percentage points behind the Nasdaq Composite, which closed at 26,477.81. The S&P 500 rose 0.60% to 7,722.60 and the Dow Jones Industrial Average added 0.03% to 52,377.57, while the US 10-year Treasury yield edged up 0.7 basis points to 4.99%.
Large software names were mixed. Oracle (ORCL) rose 3.55%, while Microsoft (MSFT) slipped 0.24%. Chipmaker AMD gained 5.45%. At the close, PLTR sat 6.67% below its 52-week high of $212.94 and 86.83% above its 52-week low of $106.37.
The Palantir coverage reviewed for this article did not tie Tuesday's 0.06% slip to a company-specific event, and the move was small next to the Nasdaq's 1.18% gain. Coverage on Oct. 27 looked ahead to the quarterly results instead.
Per Barchart, Palantir will release its third-quarter earnings report on Monday, Nov. 2, and analysts expect earnings of $0.33 per share, up 83.3% year over year. Barchart adds that Palantir has beaten consensus EPS estimates in each of the past four quarters.
Those estimates sit against the company's own guidance. According to Palantir's second-quarter release dated Aug. 3, management guided third-quarter revenue to between $2.160 billion and $2.164 billion and adjusted income from operations to between $1.292 billion and $1.296 billion.
As reported by TheStreet on Oct. 27, Palantir is one of only three stocks among the S&P 500's 25 worst first-half performers, based on Bespoke data, that are now up for 2026. TheStreet puts the stock's gain for the year at about 12%.
PLTR Stock Analysis: Supporting Factors and Risks
Supporting Factors
Second-quarter revenue grew 93% year over year to $1.935 billion, and U.S. commercial revenue grew 149% to $764 million, according to the company's release.
In the same release, Palantir raised its full-year 2026 revenue guidance to between $8.150 billion and $8.158 billion.
Barchart counts 653 U.S. commercial customers, up 35% year over year.
Risks
TheStreet puts the stock at about 105 times expected earnings and notes the shares slid in the first half of 2026 even as first-quarter revenue grew 85%.
U.S. revenue made up over 81% of second-quarter sales, per Barchart, so results depend heavily on U.S. commercial and government demand.
The Nov. 2 results will be measured against management's own third-quarter revenue guidance of $2.160 billion to $2.164 billion.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.
M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms. His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
Hendrie Saputra holds a Master of Business Administration (MBA) with a concentration in Business Risk & Finance, along with professional experience in finance, marketing, and project management. He is experienced in analyzing market data and developing research-driven business strategies.
