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Palantir trades at 158x earnings after 57% gain

10/10/2026

Palantir (PLTR) shares have climbed 57% over the past three months, significantly outperforming the S&P 500, which returned 2.8% during the same period.

Goldman Sachs upgraded the stock to buy from neutral on October 8, 2026, prompting investors to weigh whether the current price reflects sustainable growth or excessive valuation.

At present, Palantir trades at 158.1 times its trailing twelve-month earnings, a multiple that stands in stark contrast to the S&P 500’s 21.5.

This price-to-earnings ratio indicates that buyers are paying for roughly 158 years of current profit for every share.

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