Palantir has outperformed the S&P500 by +47.59% since my last 'Buy' rating on the stock. After Q3 FY24 results, I am retaining my bullish view. Palantir's AIP drastically improves enterprise productivity, making it essential for business survival in a winner-take-all AI economy, with mass adoption still far off. Strong execution with significant revenue and EBIT margin beats, coupled with robust remaining performance obligations, signals continued growth momentum in the short to medium term.
Palantir will stay on my watchlist, but the stock's future remains uncertain.
TheStreet Pro contributor Stephen ‘Sarge' Guilfoyle on why he believes Palantir's momentum will continue in 2025. Transcript: CONWAY GITTENS: Well, let's talk PLTR.
AppLovin has been a huge AI winner this year.
The artificial intelligence (AI) expert is profiting from the unrelenting demand for generative AI.
Palantir's customer base grew 71% from December 2022 to September 2024, reaching 629 customers, driven by strong commercial demand. Commercial customer growth surged 91.5% from Q4 2022 to Q3 2024, positioning Palantir to reduce reliance on government contracts. U.S. commercial customers saw 124.5% growth over the same period, highlighting Palantir's successful expansion in its domestic market.
Palatir's AI analytics platform is firing on all cylinders.
Joe Lonsdale, 8VC founding partner and Palantir co-founder, joins 'Squawk Box' to discuss President-elect Trump's election victory, top priorities under a second Trump term, and more.
Palantir's (PLTR) big rally puts the stock at risk if the company cannot continue its massive growth, according to Joseph Bonner from Argus Research. How will the company show that there is a consistent market that justifies the stock's over 200% rally in 2024, and can it grow its commercial segment to protect against a downturn in government spending?
Palantir Technologies Inc.'s outperformance has continued to baffle me as the stock outperformed. Palantir's Q3 earnings release has silenced its doubters, justifying its business model and go-to-market strategy. Palantir's differentiated AI growth strategy and rapid prototype-to-production capability have proved effective.
Once again, the best mutual funds shun Nvidia and place huge bets on AI leaders Broadcom stock and Palantir. The post Palantir Rakes In $7.7 Billion — Mere Peanuts Next To This appeared first on Investor's Business Daily.
Palantir's Q3 2024 results highlight a 30% YoY growth rate, driven by the successful monetization of their AIP platform and a scalable growth strategy. The U.S. government segment shows significant growth, doubling YoY revenue growth for three consecutive quarters, indicating strong future potential. Palantir has truly solved sales efficiency, managing to achieve high quality, organic growth rates while expanding margins.