This week, Palantir proved again in Q3 that it's undeniably one of the stronger AI software stocks in the market outside of the cloud hyperscalers. Revenue growth continued to accelerate, with Palantir reporting revenue growth of 30.0% in Q3, ahead of its guidance for 25.2% growth and up from 27.2% in Q2. Palantir is at Mount Everest valuations, trading at topline multiples more than double the next three most expensive enterprise and AI-exposed SaaS stocks in the market: Cloudflare, ServiceNow, and CrowdStrike.
Mike Gallagher, Palantir head of defense and former U.S. Congressman (R-Wis.) joins 'Squawk Box' to discuss the list of President-elect Trump's appointees in his incoming administration, the geopolitical threats facing Trump in his second term, reforming the Pentagon, and more.
The AI-driven software company has several key qualities that make it positively stand out from other companies in the AI space, including top-quality ones, such as Nvidia.
Bubble, bubble, toil and trouble.
Palantir management detailed its secret to margin expansion on the recent earnings call.
Dan Ives of Wedbush Securities and Mariana Perez Mora from Bank of America have high hopes for Palantir stock.
Palantir has stolen the spotlight of earnings season with its robust set of quarterly results, with shares continuing to deliver a market-beating performance.
Palantir Technologies (PLTR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Palantir stock is up 258% this year and close to 50% since it reported earnings.
Recently, Zacks.com users have been paying close attention to Palantir Technologies (PLTR). This makes it worthwhile to examine what the stock has in store.
Nvidia and TSMC look more reasonably valued, relative to their growth potential.
While Griffin has notably added to his hedge fund's stake in hotshot artificial intelligence (AI) stocks Palantir and Broadcom, his fund slashed its position in the company that's the face of the AI revolution.