Palantir is way up after reporting Q2 results Monday afternoon, while HIMS and VRTX are way off highs.
Palantir's earnings were buoyed by its US revenue, which surged 55% from the same period last year. Alex Karp called the earnings "bombastic," saying skeptics have been "bent into a kind of submission.
The data analytics and defense software firm projected revenue in the range of $4.14 billion to $4.15 billion for 2025, up from its earlier forecast of between $3.89 billion and $3.90 billion.
Up over 500% within the past year and over 100% year-to-date, Palantir investors have had plenty to cheer about, but is it still top tier after its latest Q2 earnings? Yes indeed, the company topped $1 billion in revenue last quarter, smashing Wall Street expectations.
Palantir Technologies Inc. (PLTR) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.09 per share a year ago.
Palantir (PLTR) posted second-quarter earnings that topped analysts' expectations and raised its outlook on strong demand for its Artificial Intelligence Platform.
Palantir (PLTR) topped Street expectations for its top and bottom line figures in its latest quarterly report. But, as Kevin Green and Alex Coffey point out: The company's guidance raise was the more significant figure.
Palantir topped Wall Street's estimates and hiked its full-year guidance due to the AI boom. The artificial intelligence software provider's revenues grew 48% during the period and hit $1 billion for the first time.
Quarterly revenue surpassed $1 billion for the first time and accelerated for the eighth quarter in a row
Looking ahead to Palantir (PLTR) earnings, Paul McCarthy is eager to see how the company is growing its commercial business segment. He wants more sustainable, repeatable revenue from the private sector instead of the "clunky" government contracts that have historically made up Palantir's business.
Palantir Technologies (PLTR) is scheduled to report quarterly earnings after the closing bell today, with traders anticipating the best-performing S&P 500 stock of 2025 could make another big move.
Palantir Technologies Inc (NASDAQ:PLTR) stock hit a record high of $160.92 today, last seen 3.8% higher to trade at $160.20 and sporting a 111.6% year-to-date gain.