Ahead of Palantir's earnings report, RBC Capital Markets research note says its valuation is on the high side.

October 28 - RBC Capital Markets released a research report stating, "It is difficult to provide a reasonable supporting scenario for Palantir's current valuation level."

The report noted that government activities continue to account for a high proportion of Palantir's revenue, supported by ongoing geopolitical demand. However, its tracking data shows a quarter-over-quarter decline in contract value, with new net annual contract value significantly下滑 compared to the previous four quarters, indicating some gradual cooling signs in the company's revenue.