Shares of Palantir Technologies (PLTR 25.11%) charged out of the gate on Tuesday, spiking as much as 27.7%. As of 10:59 a.m.
I am downgrading Palantir Technologies Inc. to a Sell rating despite strong growth, citing overvaluation with a fair value of $70 per share. Palantir's U.S. commercial revenue surged 64% YoY, driven by AIP technology, but faces intensifying competition and high stock-based compensation costs. The company forecasts over 30% revenue growth for FY25, but high SBC spending poses significant margin and free cash flow headwinds.
Palantir reported better-than-expected earnings and profit for the fourth quarter.
Palantir executives welcomed the advent of low-cost artificial intelligence. Other software stocks could also see benefits from cheaper AI.
Brent Thill, Jefferies tech analyst, joins CNBC's 'Squawk on the Street' to discuss outlooks on Palantir, why he has an underperform rating on the stock, and more.
Today's market activity is a show of resilience as stocks come back from yesterday's trade-war sell-off to make their way into positive territory.
Shares of Palantir Technologies Inc PLTR climbed in early trading on Tuesday, after the company reported strong fourth-quarter results.
Software stock Palantir Technologies Inc (NASDAQ:PLTR) is up 22.9% at $102.94 at last glance, earlier soaring to a fresh record high of $106.91, after the company's impressive fourth-quarter results and 2025 revenue forecast.
A better-than-expected quarterly print from Palantir Technologies Inc. has resulted in a massive after-hours pop in its stock. While Palantir's business momentum is unquestionable, a quarter trillion dollar valuation is absurdly bubblicious. In this note, we discuss PLTR's Q4 report, forward guidance, and take stock of its long-term risk/reward.
Derek Yan, KraneShares senior investment strategist, reacts to Palantir Technologies' earnings and better-than-expected forecast on "Bloomberg The Close." Palantir said its fourth-quarter revenue jumped 36% to $827.5 million and forecasted full-year revenue of $3.75 billion in 2025, exceeding analysts' estimates.
Recent stock market favorite Palantir notched another milestone Tuesday, surging after its latest earnings report to join an elite group of U.S. firms worth more than $200 million as the software giant benefits handsomely from its “position at the center of the AI revolution,” as its billionaire CEO Alexander Karp describes it.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.