Palantir Kicks Off Earnings Week 2026 with Strong Revenue Projections Amid Market Volatility
The week of August 3 marks the beginning of Earnings Week 2026, and several key companies are set to report their quarterly results. Among them is Palantir, which is expected to release its earnings on Monday, August 3. The company has projected revenues for Q2 2026 to reach $1.81 billion, a significant increase of 81% year-over-year.
Palantir's valuation is a concern, with a price-to-sales ratio of 61x and an expected EPS of $0.35. Despite the challenges, the company has lost only 39% from its November 2025 all-time high of $207.52.
This week will also see AMD release its earnings on Tuesday, August 4. The company is expected to post revenue of $11.2 billion, up 46%, with a non-GAAP EPS of $1.67 and an adjusted gross margin of 56%. Investors will be looking for management to provide expectations for when the anticipated surge in AI-related revenues is expected to materialize.
SanDisk's earnings are scheduled for Wednesday, August 5, and investors will be closely watching for signs of demand destruction in NAND. The company's shares have lost approximately 53% of their value since its all-time high.
The week culminates with the release of the July nonfarm payrolls report on Friday, August 7. A gain below 100,000 jobs added would likely cause further concerns about an ongoing employment slowdown and could give a boost to equities and bonds as a September rate cut becomes more priced in.