Palantir Stock Soars Nearly 15% After Hours as Company 'Smoked Expectations' on Earnings, but Jim Cramer Questions if 'Old Days' Still Viabl
On Monday, Palantir Technologies, Inc. (NASDAQ: PLTR ) shares surged nearly 15% in after-hours trading as Wall Street commentators praised the AI software company’s blowout second-quarter results and raised outlook. Jim Cramer, Analysts React to Palantir’s Blowout Quarter CNBC’s Jim Cramer took to X and reacted to Palantir’s post-earnings rally on X, saying buyers were "walking up Palantir like the old days," before asking, "But are the old days still viable?" After market buyers walking up Palantir like the old days.. But are the old days still viable? — Jim Cramer (@jimcramer) August 3, 2026 Palantir shares gained 14.97 in after-hours trading but declined 21.79% in the past year, according to Pro. Futurum Group CEO Daniel Newman took a more bullish view, saying Palantir had "absolutely smoked expectations." He pointed to the company’s strong commercial performance and improved...
On Monday, Palantir Technologies, Inc. (NASDAQ: PLTR ) shares surged nearly 15% in after-hours trading as Wall Street commentators praised the AI software company’s blowout second-quarter results and raised outlook. " After market buyers walking up Palantir like the old days.. But are the old days still viable?
79% in the past year, according to Pro. " He pointed to the company’s strong commercial performance and improved outlook, adding that its guidance looked even better than the quarterly results. $PLTR absolutely smoked expectations. Those commercial numbers look fantastic and the guide looks even better.
,CoreWeave, ON Semiconductor and SoFi Technologies: Why These 5 Stocks Are on Investors' Radars Today Palantir’s Rule of 40 Score Hits 155: Analyst Futurum Equities market strategist Shay Boloor highlighted Palantir’s growing profitability alongside its rapid expansion. He said the company’s Rule of 40 score had reached 155 and had expanded for 12 consecutive quarters as operating leverage improved with scale. Boloor argued that Palantir is approaching 100% growth while converting more than half of its revenue into operating income, a combination he described as unusually rare for a large software company.
He also contrasted Palantir with major technology companies such as Alphabet Inc. com, Inc. (NASDAQ: AMZN ), Microsoft Corp. (NASDAQ: MSFT ), and Meta Platforms, Inc.
(NASDAQ: META ), which are investing heavily in AI infrastructure. Palantir, he said, operates above that infrastructure layer, using AI and data to help customers generate real-world outcomes without funding the physical buildout itself. $PLTR Rule of 40 score reached 155 and the metric has now expanded for 12 consecutive quarters as operating leverage continues improving with scale. 80 billion.
Adjusted earnings came in at 41 cents per share, above Wall Street’s expectation of 35 cents per share. 22 billion in adjusted free cash flow during the quarter. S. Treasury securities.
164 billion, exceeding analysts’ estimate of approximately $2 billion. 66 billion. 69 billion. 10%.
41% over the past six months, according to Pro. Edge Rankings place Palantir in the 98th percentile for Growth, although the stock continues to show a negative price trend across the short, medium and long term. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors. Read Also: Palantir Stock Faces Its Biggest Test Yet: Can Earnings Justify Its Premium Valuation?
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