PLTR Stock Price Today: August 2026 Chart Breakout & Key Levels

Palantir (PLTR) stock trades near $174 in August 2026, back above its 50-period and 200-period moving averages after Palantir’s second-quarter revenue jumped 93% year over year to $1.94 billion, though shares remain well below the stock’s 2026 high of roughly $197, set back in January.

This is the first instalment of a new monthly PLTR check-in, and it arrives with a chart worth talking about. Palantir Technologies (NASDAQ: PLTR) traded at $173.93 as of 21 August 2026 (06:41 UTC / 14:41 GMT+8), based on the TradingView setup used for this analysis, essentially flat on the session. You’ll sometimes see this ticker written as NYSE PLTR online, but Palantir actually trades on the Nasdaq rather than the New York Stock Exchange, so the pltr stock chart you pull up should say NASDAQ next to the ticker, not NYSE.

Here’s the headline: the pltr stock price has spent August clawing back the better part of a year’s losses in a matter of weeks. This piece covers PLTR’s price action through August 2026, the levels traders are watching on the chart, and the PLTR news behind the move. All prices are as of 21 August 2026 (GMT+8) unless stated otherwise. Charts referenced are indicative; this is not financial advice.

For anyone who just wants the PLTR stock price today without scrolling, here’s the snapshot:

Metric	Value
PLTR stock price (21 Aug 2026)	$173.93
50-period moving average	$139.28
200-period moving average	$149.68
RSI (14)	63.74
Q2 2026 revenue growth (YoY)	93%
US government revenue growth (YoY)	90%
FY2026 revenue guidance	$8.15B to $8.16B

Snapshot as of 21 August 2026 (GMT+8). Source: the TradingView setup used for this analysis; Q2 2026 figures per Palantir’s earnings release.

Key Points

• PLTR’s stock price sat at $173.93 as of 21 August 2026, above both its 50-period and 200-period moving averages after a sharp August recovery from the 2026 low near $106.37. ^[7]
• Second-quarter revenue rose 93% year over year to $1.94 billion, with US commercial revenue up 149% and US government revenue up 90%, prompting Palantir to raise its full-year guidance. ^[2][3]
• Any PLTR stock forecast right now has to grapple with a split Wall Street: Bank of America has raised its price objective to $255, while Goldman Sachs holds a more cautious $204 objective. ^[1][4]

Quick checklist: what’s different about PLTR this month

• Price has reclaimed both the 50-period and 200-period moving averages after months spent below them.
• RSI cooled off from an overbought spike above 80 without actually breaking down.
• Government contract headlines added a messier storyline alongside the earnings beat.
• Analyst price objectives now span a wider $80 to $255 range than before the print.

PLTR price action this month

Pull up the pltr stock chart and the first seven months of 2026 look almost dull in how relentlessly they ground lower. PLTR opened the year near its eventual 2026 high around $197, then spent the next six months quietly bleeding out toward the $106.37 to $110 zone by mid-year, based on the TradingView setup used for this analysis alongside external price-history data. ^[7] It wasn’t one dramatic crash. It was more a slow leak, with a couple of sharper legs down in April and again in July.

Then Palantir’s second-quarter results landed on 4 August, and the PLTR share price did something the chart hadn’t done all year: it went vertical. A single-session gap took PLTR from a base near $120 to above $160 within days, and the advance kept going from there. By 21 August, price had pushed as high as $175.87 intraday before easing back to close near $173.93, a sharp recovery, though still well short of the stock’s 2026 high.

The 50-period moving average on the chart used for this analysis sits at $139.28, and the 200-period moving average sits at $149.68. Price trading above both is about as textbook bullish as it gets, even though the 50-period average remains below the 200-period average, a hangover from just how far PLTR fell earlier in the year. RSI reads 63.74 against its moving average overlay at 67.52, having backed off a spike above 80 that came with the earnings-day gap. Momentum has cooled slightly. It hasn’t broken.

Key levels to watch

The levels below are read directly from the pltr stock chart used for this analysis rather than a Wall Street note, and reflect the TradingView setup referenced throughout this piece.

Reference Point	Level	What It Represents
2026 high	~$197	Highest point reached earlier in 2026, per the chart used for this analysis
Marked reference level	~$184	A level the chart carries as a marked line; price is approaching from below
200-period moving average	$149.68	TradingView setup used for this analysis, 4H timeframe; a nearer value zone near $150
50-period moving average	$139.28	TradingView setup used for this analysis, 4H timeframe
Pre-breakout base	$120 to $130	Consolidation range built through late July and early August, before the earnings gap
2026 low	~$106.37	Deepest point of the 2026 drawdown, per external price-history data

Table 1: PLTR reference levels as of 21 August 2026. Chart-derived levels per the TradingView setup used for this analysis; 2026 low per MacroTrends. Indicative only, not trade signals.

Two levels are worth keeping straight here. PLTR’s actual 2026 high sits at roughly $197, reached in January before the decline began, and that’s still a meaningful distance above where PLTR trades today. Separately, the chart carries a marked reference line near $184, which price has been approaching from below through late August without a confirmed close above it. On the way down, the 200-period moving average near $149.68 lines up with the psychological $150 area as the nearer value zone, while the base built through late July and early August near $120 to $130 marks the more serious support built before the breakout. Traders exploring the broader share CFDs available alongside PLTR can find the wider product range on Vantage’s shares trading page.

What’s driving the stock

Start with the number that mattered most for anyone following pltr earnings this quarter: revenue of $1.94 billion, up 93% year over year, against a Wall Street estimate nearer $1.81 billion. US commercial revenue rose 149% to $764 million, and US government revenue grew 90% to $809 million. Palantir also raised its full-year 2026 revenue guidance to a range of $8.15 billion to $8.16 billion, up from its prior range of $7.65 billion to $7.66 billion. ^[2][3]

The other thread running through the pltr news cycle this month has been government contracts, and it’s messier than the earnings headline. Palantir’s existing enterprise agreement with the US Army, worth up to $10 billion over ten years, continues to anchor its defence relationships. A draft Defense Department memo dated 4 August also directed up to $244 million toward Palantir’s services through March 2027 without a competitive bidding process, a detail that has drawn scrutiny from contracting-policy observers. ^[5][6]

Wall Street’s reaction has been anything but unanimous. Bank of America analyst Mariana Perez Mora raised her price objective to $255, writing that the results reflect “PLTR’s successful AI strategy with focus on partnerships & customers’ results.” ^[4] Deutsche Bank’s Brad Zelnick went further still, arguing that “Palantir increasingly looks like a time traveler” among software peers still catching up to where it already operates. ^[1]

Goldman Sachs isn’t quite buying the full story yet, holding a more cautious $204 objective and framing enterprise AI adoption as still dependent on how well companies operationalise the technology inside existing workflows, rather than a done deal. ^[1]

That split is really the PLTR stock forecast debate in miniature. Even after the guidance raise, PLTR trades at a high earnings multiple relative to most software peers, based on consensus estimates. ^[8] Bulls point to the backlog of signed contract value; the cautious camp argues the price already assumes several more years of the same pace.

Risk framing

PLTR’s swings this month, moving well over 10% in a single session around the earnings report, are a reminder that concentrated single-stock exposure can move fast in either direction, and not always the direction you’re hoping for. Traders monitoring the Stop Loss on a PLTR CFD position may want to account for this kind of volatility around scheduled events such as earnings, rather than assuming a typical daily range will hold. A Stop Loss limits losses to a planned size; it does not eliminate the risk of a fast-moving instrument like PLTR gapping straight past a set level.

As with any CFD position, leverage works both ways and can magnify losses as well as gains, particularly in a stock that’s moved as sharply as PLTR has this month. Position sizing relative to total account equity is worth revisiting given the recent volatility, and anyone holding other share CFDs in AI-adjacent or software names may want to check combined exposure rather than treating each position as its own island.

Related reading

For more coverage in the same vein, these Vantage tags cover the broader themes touched on in this piece:

• Stock Market News
• Stock Market News Today
• Technical Analysis
• Earnings News Today
• Trending News
• Market News Today

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References

[1] “Palantir earns an upgrade after its big second quarter, as analysts get bullish on its AI business – CNBC” https://www.cnbc.com/2026/08/04/palantir-earns-an-upgrade-after-its-big-second-quarter.html Accessed on 21 August 2026.

[2] “Palantir (PLTR) earnings Q2 2026 – CNBC” https://www.cnbc.com/2026/08/03/palantir-pltr-earnings-q2-2026.html Accessed on 21 August 2026.

[3] “Palantir Reports Q2 2026 U.S. Comm Revenue Growth of 149% Y/Y and Revenue Growth of 93% Y/Y – Business Wire” https://www.businesswire.com/news/home/20260802523449/en/Palantir-Reports-Q2-2026-U.S.-Comm-Revenue-Growth-of-149-YY-and-Revenue-Growth-of-93-YY-Raises-FY-2026-Revenue-Guidance-to-82-YY-Growth-and-U.S.-Comm-Revenue-Guidance-to-134-YY-Crushing-Consensus-Expectations Accessed on 21 August 2026.

[4] “Palantir Stock Soars, Bank of America Sees Massive Upside – Yahoo Finance” https://finance.yahoo.com/markets/stocks/articles/palantir-stock-soars-bank-america-164742904.html Accessed on 21 August 2026.

[5] “Pentagon wants to spend millions on Palantir with few details – Federal News Network” https://federalnewsnetwork.com/contracting/2026/08/pentagon-wants-to-spend-millions-on-palantir-with-few-details/ Accessed on 21 August 2026.

[6] “Palantir’s no-bid pipeline just got bigger – Nextgov/FCW” https://www.nextgov.com/acquisition/2026/08/palantirs-no-bid-pipeline-just-got-bigger/415379/ Accessed on 21 August 2026.

[7] “Palantir Technologies – 6 Year Stock Price History – MacroTrends” https://www.macrotrends.net/stocks/charts/PLTR/palantir-technologies/stock-price-history Accessed on 21 August 2026.

[8] “Palantir Technologies (PLTR) Stock Forecast and Price Targets – StockAnalysis.com” https://stockanalysis.com/stocks/pltr/forecast/ Accessed on 21 August 2026.