Palantir Stock Reaches All-Time High Following Strong Revenue Growth

Key Facts

1Palantir stock reached a new record high, fully recovering from its previous 50% drawdown.

2The company reported a 93% revenue growth for the second quarter.

Palantir Technologies stock reached a new record high, fully recovering from its previous 50% drawdown. Benzinga reported that the company achieved a 93% revenue growth for the second quarter, effectively erasing previous long-term losses and boosting investor confidence.

PLTR closed at $209.05 on October 9, 2026, with the session seeing a trading range between a low of $198.3 and a high of $209.58. This record-breaking price action follows the company's announcement of exceptional quarterly financial performance.