Palantir Technologies Inc. (PLTR)
Palantir Q4 2024 Earnings: Look Beyond The Multiples And AIP
Palantir's outperformed Q4 expectations for its top- and bottom-line by wide margins. This was reinforced by further acceleration guided for 1Q25, setting a strong tone for the new year. The results have essentially alleviated some of market's broad-based concerns about the uncertain ROI formula for industry's hefty AI investment outlays, and assuages some of the recent DeepSeek-triggered risk considerations. Although market's largely identified AIP as PLTR's new-found growth accelerator, we believe the core underlying driver actually goes much deeper than the new product offering and underpins new opportunities ahead.
Palantir: I Wasn't Wrong But The Situation Has Changed
Upgrading Palantir from Strong Sell to Hold following impressive Q4 2024 results and commercial growth. U.S. commercial customer base grew nearly 5x in three years while maintaining strong government revenue. Despite high valuation metrics, potential for multiple compression through earnings growth rather than price correction.
Palantir Q4: No Slowing Down
Palantir is a data analytics and software development company, and has risen dramatically from its market debut in 2020. Major Q4 highlights include rising US customer counts, revenue, and earnings from last quarter and last year, setting new records for the stock. Despite a drop in GAAP EPS due to one-time SAR-related expenses, Palantir's net income reached a record high, indicating strong financial health.
Palantir: Already An AI Giant, This Company Is Growing Like A Startup
Palantir's stock surged an additional ~20% after reporting Q4 results that showed an acceleration in top-line growth to 36% y/y, from just 30% y/y in Q3. Its outlook for FY25 calls for 31% y/y growth, accelerating over 29% y/y growth for the entirety of FY24. PLTR's revenue acceleration is a rarity in a software industry that has been beset by more conservative IT budgets and slower deal closings.
Prediction: Palantir Will Beat the Market. Here's Why.
Palantir Technologies (PLTR 23.99%) already delivered explosive earnings and stock price performances to investors last year. The company's quarterly revenue soared in the double digits, profit reached records, and the stock jumped 340% for the best performance in the S&P 500 (^GSPC 0.72%).
Buy the Surge in Palantir Technologies (PLTR) Stock After Q4 Earnings?
Spiking over +20% in Wednesday's trading session, Palantir Technologies (PLTR) stock has been a highlight of this week's earnings lineup after reporting strong Q4 results yesterday evening.
Palantir Reports Blowout Earnings: More Upside Ahead?
The 2024 Q4 earnings cycle continues to roll along, which has overall remained positive so far. We've heard from a fair chunk of companies, with the reporting dockets in the coming weeks just as stacked.
S&P 500 Gains and Losses Today: Palantir Stock Pops as Results Show AI Strength
Major U.S. equities indexes moved higher on Tuesday as investors weighed the impact of the latest tariff developments, including one-month delays to tariffs on imports on Mexico and Canada as well as immediate retaliation from China.
Palantir Q4: Nvidia Moment Is Here, But Something's Not Right (Downgrade)
Palantir Technologies Inc. delivered a blowout quarter with 36% YoY growth, but real operating income fell due to stock appreciation rights. Despite strong revenue growth and guidance, Palantir's valuation isn't justified given the significant stock compensation diluting real earnings. Revised DCF analysis yields a target price of $102, suggesting Palantir is fairly valued but doesn't deserve an Nvidia-like premium.
Why Palantir Is Skyrocketing Today
Shares of Palantir (PLTR 23.99%) were flying higher on Tuesday. They gained 22.8% as of 3:40 p.m.
Palantir's Room For Growth
Gil Luria, managing partner at DA Davidson, says there's even more room for Palantir to grow as the company posts earnings that exceeded analyst expectations. He joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology" to discuss.
Analysts are Betting on Further Upside in Palantir
Shutterstock / Piotr Swat Key Points About This Article Institutions are buying a significant amount of Palantir call options, betting on more upside.
