Verified Investing on $PLTR (Nov 3, 2026)
PLTR double beat, raised guidance, and commercial revenue topped US government revenue for the first time, yet it sells off after earnings because the news, though good, is not strong enough to justify its massive valuation; sellers are winning, with only about 6% of the priced 13% move realized so far.
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Something similar on Palunteer. Palunteer double beat as well and for the first time ever guys this is massive. Its commercial revenue surpassed its United States government revenue for the very first time.
And the company also raised guidance for the entire next year despite beating everything, raising guidance, having amazing news.
If we go to the charts, Palunteer falling off of earnings again, similar story, pop off of this great news, right? great earnings, double beat and selling off.
Um, this is this is for me the biggest reason why Palanteer is selling despite all the bullish and good news I gave you. Um, investors are demanding not just exceptional earnings for a company like Palanteer, but growth and earnings strong enough to justify its massive valuation.
So, while the news is good, it's not good enough to warrant this valuation.
Going over Palanteer, sellers are winning huge right now. So for Palanteer, a more volatile stock, the market's priced in a 13% move. So far, we're only at about 6%. So sellers are winning by far right now that those key support levels are going to hold.
Now, we're right now down pre-market at 16711. I want you guys to have some key support levels to watch intraday. This is this pivot top here, 16464. This blue line right here, as we see, price comes up to this level and gets shut down.
Below that, there's this large gap here, right here at 15624.
What this channel has said about $PLTR
Verified Investing has 7 calls on this stock; only the adjacent ones are shown.