Palantir reported better-than-expected earnings and profit for the fourth quarter. Shares popped more than 10% on the strong results and outlook.
Palantir Technologies Inc. (NYSE: PLTR) rallied into the close on Monday ahead of its 5 p.m.
Data analytics firm Palantir forecast first-quarter and annual revenue above Wall Street estimates on Monday, betting on robust demand for its software from companies adopting generative AI, sending its shares up about 12% after the bell.
Palantir's (PLTR) earnings after the closing bell will be the event of after-hours trading. Diane King Hall says the company's big growth driver will be its commercial business after gaining momentum through government contracts.
It's another big week for earnings that will kick off with Palantir (PLTR) after markets close today. Spotify (SPOT) reports its earnings tomorrow morning as the company continues to tap all-time highs.
Palantir (PLTR) reports earnings after the closing bell. Paul McCarthy says the company needs to meet a lot of expectations.
Today's market activity can be summed up in a word: fear. After beginning their decent late in the day on Friday, stocks have extended their losses since President Trump followed through with his threat to impose costly tariffs on Canada and Mexico.
Scott Bauer says to be cautious in the overall market due to extenuating macro pressures, but in terms of Palantir (PLTR) he says, "this is a stock to own." Ahead of Palantir earnings, Bauer says the company holds a key market cap position in the A.I.
There are thousands of publicly traded stocks, and dozens that could be considered artificial intelligence (AI) stocks.
In this video, I will talk about Palantir (PLTR 1.56%) and what I expect the company to report on Monday after the market closes. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Analysts are divided on Palantir's (NASDAQ: PLTR) future, with some predicting a potential drop of up to 37% following its upcoming earnings report. Yet, recent partnerships, such as the collaboration with Booz Allen Hamilton (NYSE: BAH), have been promising developments for the company.
Palantir's stock price has surged over 250% in the last 12 months, but financial metrics don't justify the current $85 valuation. Despite strong revenue growth and positive net income, Palantir's valuation metrics are significantly stretched, trading at over 300x 2024 P/E. Share-based compensation continues to dilute shareholders, and a more robust capital allocation framework is needed for buybacks and venture investments going into the latter half of the decade.