Illustration, AI-generated from the story text. Tap a panel to read the story through it.

1 / 4Palantir recovers most of its premarket drop as analysts dig into contract value×

The recovery

Palantir shares were down 1.65% on Tuesday, CNBC reports, after trading down about 8% before the open.

The number

Analysts focused on US commercial total contract value of about $1.5 billion, up 11% from a year earlier and down from a record $2.1 billion in the second quarter.

Shorter trials

Enterprises are starting on shorter trials and are more willing to cancel, TechCrunch reports.

The test

Piper Sandler says demand still exceeds supply, and Goldman says the test is "converting shorter duration contracts into longer duration commitments."

Sources and the full story

‹›

Palantir recovers most of its premarket drop as analysts dig into contract value

Palantir shares were down 1.65% on Tuesday, CNBC reports, after trading down about 8% before the open. Analysts focused on US commercial total contract value of about $1.5 billion, up 11% from a year earlier and down from a record $2.1 billion in the second quarter. Enterprises are starting on shorter trials and are more willing to cancel, TechCrunch reports. Piper Sandler says demand still exceeds supply, and Goldman says the test is "converting shorter duration contracts into longer duration commitments." SourcesBB

Sources

• BPalantir sinks after earnings as analysts point to contract value slowdown (CNBC)cnbc.com
• BHiding inside Palantir's skyrocketing quarter is a foreboding signal (TechCrunch)techcrunch.com

This story ran in the Afternoon Brief of November 3rd 2026.