Palantir (PLTR) is scheduled to report quarterly results after the bell Monday, with analysts largely taking a wait-and-see approach on the artificial intelligence software firm.
Analysts expect Palantir Technologies to demonstrate revenue and EPS growth in its Q1 report.
Palantir Technologies Inc. NASDAQ: PLTR will report earnings after the market closes on May 5. This will be one of the most closely watched earnings reports for bulls and bears alike.
Palantir Technologies (PLTR -1.91%) was the best performing stock in the S&P 500 (^GSPC 0.63%) in 2024. The company saw its share price surge 340% as robust demand for its artificial intelligence platform led to impressive financial results throughout the year.
The dawn of artificial intelligence (AI) in late 2022 caused a paradigm shift in technology that is still ongoing. The potential of generative AI to increase productivity and streamline processes has business leaders lining up to reap the rewards of this veritable financial windfall.
Palantir Technologies Inc.'s Q1 looks strong, but what matters more is its expanding role in defense and enterprise AI, positioning it as a core player in a changing global tech order. Despite its premium valuation, Palantir's long-term upside is justified by its strategic relevance, deep government ties, and AI leadership. Investors should expect volatility, but Palantir's adaptability, pipeline strength, and cash flow discipline make it a compelling long-term holding.
SoundHound AI (SOUN -1.90%) and Palantir Technologies (PLTR 2.15%) are both well-positioned to profit from the rapid growth of the artificial intelligence (AI) market. SoundHound develops AI-powered speech and audio recognition tools, while Palantir's AI-driven data mining services help government agencies and large companies make faster and smarter decisions.
Palantir Technologies (PLTR 2.15%) probably has helped make some investors millionaires in recent times. After all, the software company saw its stock soar more than 1,000% over the past three years.
C3.ai AI and Palantir Technologies PLTR are two prominent players in the fast-growing enterprise AI software market. C3.ai provides a broad platform of AI applications and tools for businesses, while Palantir is known for its data analytics platforms used by government agencies and large companies.
Artificial intelligence and data analytics firm Palantir is using its military intelligence background to deliver AI-powered solutions to major retailers to reinvent their supply chain network or make operations more efficient.
Larry Tentarelli (@bluechipdaily) offers his macro perspective to analyze potential investment opportunities. He says he's "not a fan" of the Mag 7 right now, instead pointing to high growth leaders like Palantir (PLTR) and Netflix (NFLX) as "true leaders.
PLTR's first-quarter 2025 earnings and revenues are likely to increase year over year.