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Story summary
- Palantir Technologies reported Q2 revenue of $1.935 billion, up 92.83% year over year.
- Palantir posted earnings per share of $0.41, surpassing the $0.28 estimate.
- U.S. commercial revenue surged 149% in the quarter, driving overall growth.
- Management raised full-year revenue guidance to $8.150-$8.158 billion.
- Twenty analysts rate Palantir Buy or Strong Buy, with a consensus target of $205.27.
