Palantir stock is tumbling despite beating first quarter expectations and raising its full-year outlook. William Blair Research industrials analyst Louie DiPalma joins Morning Brief to explain why Palantir's valuation could drop more, even as the company progresses in growth and margins.
Palantir was down about 14% shortly after the market opened today following yesterday's earnings release.
Palantir (PLTR -12.95%) stock is getting hit with big sell-offs in Tuesday's trading after the company's first-quarter earnings release yesterday. The company's share price was down 13.7% as of 10:30 a.m.
Shares of Palantir Technologies (NASDAQ:PLTR) tumbled 12% Tuesday morning after the artificial intelligence data analytics firm handily beat analyst first-quarter revenue and earnings forecasts while also raising its full-year outlook.
Shares of Palantir Technologies (PLTR -13.25%) are falling on Tuesday. The company's stock slid 14.1% as of 10:10 a.m.
One analyst, Dan Ives of Wedbush, raised his price target on Palantir from $120 to $140 and predicted that it will have a one-trillion market cap within the next two to three years. If that's the case, PLTR stock will easily grow into its current valuation, and the stock price will likely be much higher.
Palantir Technologies stock is selling off post-Q1 earnings on two things, neither of which is a growth slowdown, and neither of which will stick. We think it's time to double down. The market is reacting to, first, the PLTR stock surge of +60% over 1M with an RSI of 71, pushing investors to take profits, and second, the valuation is very high, priced for perfection. Q1 2025 commentary and results, which revised up FY outlook, prove that growth continues to accelerate, driven by AI adoption on enterprise and government fronts.
Palantir (PLTR) dropped nearly 10% overnight despite posting strong earnings showing significant growth. The problem?
Palantir Technologies Inc.'s Q1 earnings report exceeded expectations, showcasing strong revenue growth, high bookings, expanding margins, and diversified customer base, solidifying its market leadership. Despite the bullish chart and primary uptrend, Palantir's valuation is unsustainable with a forward P/E of 212X and a PEG ratio near 9. PLTR stock's EV/sales ratio is 100X, far exceeding peers, indicating a significant overvaluation that cannot be justified by current growth rates.
In this video, I will cover Palantir's (PLTR -0.27%) recent earnings report and explain why the stock is down despite beating analyst expectations. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Five banking giants — DA Davidson, Morgan Stanley, Goldman Sachs, Raymond James, and Mizuho, have revisited their price targets on Palantir stock (NASDAQ: PLTR) following the artificial intelligence (AI) company's Q1 2025 earnings report.
Shares of Palantir Technologies Inc (NYSE:PLTR) are set to open 7% lower Tuesday, and on the surface, that seems counterintuitive. The company just delivered a 39% year-on-year revenue jump, a blowout beat on free cash flow, and another bump to full-year guidance.