In its most recent earnings report, Palantir Technologies Inc. NASDAQ: PLTR announced that it had signed 139 deals valued at least $1 million. That wasn't surprising to long-term investors.
Shares of Palantir Technologies Inc. (NASDAQ: PLTR) were mostly flat through a.m.
Few stocks have sizzled as much as Palantir Technologies (PLTR -1.49%) over the last 12 months. Shares of the data analytics software provider more than quadrupled during the period.
Palantir Technologies Inc.'s stock has surged 2,000% in two years but now faces valuation concerns, leading me to reduce my position and rating to hold. Despite strong earnings and guidance, Palantir's valuation is extremely high, limiting near-term upside and increasing vulnerability to corrections. Ideal dip-buying opportunities are substantial pullbacks to $50-65, where the forward P/E ratio becomes more attractive and reasonable.
Palantir Technologies (PLTR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Does Palantir Technologies Inc. (PLTR) have what it takes to be a top stock pick for momentum investors? Let's find out.
Several AI-related stocks have posted robust results throughout the Q1 earnings cycle, a list that includes Palantir and Tempus AI. Given their results, it's impossible to deny the staying power of AI, which is still likely in its early innings.
The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
Recently, Zacks.com users have been paying close attention to Palantir Technologies (PLTR). This makes it worthwhile to examine what the stock has in store.
The three stocks in this analysis all seem a bit sleepy in premarket trading, as we are looking forward to the US-China meeting over the weekend. At this point, traders have spent a lot of bullish energy in the markets, based on hope.
After reporting Q1 earnings on May 5, shares of Palantir Technologies (NASDAQ:PLTR) sold-off despite beating Wall Street's estimates on the top and bottom lines and raising its full-year forecast.
Palantir's Q1 earnings sparkled, but the guidance was below expectations. For an expensive growth stock, no room for disappointment. PLTR investors who bought at the recent highs could be in for a reckoning. This week's selloff may not be over yet. Palantir's evolution into the preeminent AI platform company has credence and is validated. However, its valuation has arguably reached unreasonable levels.