---
title: "Palantir Set to Report Earnings as Alex Karp Says Business Is ‘Compounding’ Like Never Before: Polymarket Bets on a Beat"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303924240.md"
description: "Palantir Technologies is set to report Q3 earnings, with Polymarket traders assigning an 89% probability of a beat. CEO Alex Karp highlighted unprecedented growth compounding. Analysts expect $0.39 EPS and $2.18 billion revenue. The stock has beaten estimates for eight consecutive quarters."
datetime: "2026-11-02T08:00:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303924240.md)
  - [en](https://longbridge.com/en/news/303924240.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303924240.md)
generator: "portal-rs"
---

# Palantir Set to Report Earnings as Alex Karp Says Business Is ‘Compounding’ Like Never Before: Polymarket Bets on a Beat

**Palantir Technologies Inc.** (NASDAQ:PLTR) reports third-quarter results Monday, with prediction-market traders giving the AI software company a high probability of beating Wall Street estimates after CEO **Alex Karp** said the business was "compounding at a rate and scale that we have never before witnessed."

## P**olymarket Backs Another Beat**

Palantir has beaten earnings estimates for eight straight quarters.

In the second quarter, the company reported earnings of $0.41 per share against a $0.33 estimate, according to Benzinga Pro, and revenue of $1.94 billion against $1.81 billion.

Traders on **Polygon** (CRYPTO: POL)-based Polymarket see an 89% chance Palantir beats earnings in the third quarter.

*Source: Polymarket*

In August, Karp wrote in a letter to shareholders that the company’s business was “compounding at a rate and scale that we have never before witnessed.”

 **Read Also: Kevin O'Leary Says AI Is Keeping US Economy Resilient Despite Rising Costs: ‘Earnings Don't Put Food on the Table’** 

## What **Palantir Needs to Beat**

For the third-quarter, analysts expect earnings of $0.39 per share and revenue of $2.18 billion, according to Benzinga Pro data. 

Those numbers would mean revenue growth of about 84.59% from $1.18 billion a year ago, down from the 92.8% reported last quarter.

Palantir guided Q3 revenue to be between $2.160 billion and $2.164 billion.

The company raised its revenue guidance for the year last quarter to between $8.150 billion and $8.158 billion.

## Share Performance

Year to date, the stock is up 3.58%, while it is down 5.37% over the past year, according to Yahoo Finance.

Eighteen of 22 analysts rate the stock a buy, with an average price target of $212, or 15.1% above Friday’s close.

On Polymarket, traders see a 36% chance Palantir closes the week below $176 and a 39% chance it closes above $194.

The company will report its third-quarter results after the bell. 

**Price Action:** The stock closed 6.27% lower on Friday at $184.11 and was up 1.68% to $187.20 in overnight trading. 

**Benzinga Edge rankings** indicate Palantir’s stock has a Momentum score in the 92nd percentile and a Growth score in the 97th percentile. 

 **See More: Top Value Stocks** 

***Disclaimer*:** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.*

*Photo courtesy: Below the Sky / Shutterstock.com*

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## Related News & Research

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**