CNBC's Jim Cramer walked investors through another week of earnings season, highlighting reports from Berkshire Hathaway, McDonald's and Eli Lilly. He also honed in on earnings from Marriott, Caterpillar and E.l.f Beauty.
Palantir Technologies (PLTR) is scheduled to report second-quarter results after the closing bell Monday, with analysts divided on one of 2025's hottest stocks.
Palantir, the powerful data and AI company with deep ties to US national security bodies, has won a multi-billion-dollar contract to run US Army software and data.
A key coincident indicator tells us that Palantir Technologies Inc.'s ecosystem is rapidly growing., highlighted by key partner growth and a major $10B U.S. Army deal boosting long-term government revenue prospects. The up to $10 billion over 10 years deal with the US Army can provide a massive structural lift to U.S. Government growth CAGRs. I think Palantir tends to low-ball on guidance and outperform Wall St expectations. So I expect another strong performance in Q2 FY25 with beats all around.
My bull case for Palantir Technologies Inc. is now centered on the government segment after the $10 billion U.S. Army deal, as commercial growth lags outside the U.S. The commercial segment, particularly non-U.S., is underperforming when compared to the government unit, with anemic adoption in Europe. In Q1, non-U.S. commercial revenue declined 5% YOY and 11% sequentially, while non-U.S. government revenue grew 45% YOY and 2% sequentially.
Palantir has inked a contract with the U.S. Army worth up to $10 billion over the next decade. The agreement provides purchasing flexibility and removes contract-related fees and procurement timelines, the Army said.
Palantir Technologies (NASDAQ:PLTR) is scheduled to announce its Q2 FY'25 earnings on Monday, August 4. Consensus forecasts indicate earnings of $0.14 per share, an increase from $0.09 a year earlier, with revenues projected to grow 38% year-over-year to $939 million.
PLTR's Q2 revenues are set to surge 36% as AIP drives adoption across both Government and Commercial segments.
Evaluate the expected performance of Palantir Technologies (PLTR) for the quarter ended June 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Evaluate the expected performance of Palantir Technologies (PLTR) for the quarter ended June 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
The artificial intelligence industry has been filled with top-performing stocks, but none of them have kept up with Palantir (NASDAQ:PLTR).
PLTR is set to post strong Q2 growth, but soaring valuation and muted analyst sentiment may cloud investor optimism.