In the third quarter of 2023, the stock climbed around 4%, and it more than doubled in the fourth quarter of 2024.
Palantir's stock dropped around 34% in the first half of 2026, so the third quarter's rise mostly made up lost ground.
That said, Palantir has tended to beat its own forecasts.
Shares of Palantir Technologies (NASDAQ: PLTR) closed September around 60% above where they started July, climbing from about $117 to about $187.