Palantir’s US commercial revenue rose 54% YoY and 13% QoQ to $179 million, slightly decelerating … FY24 US commercial revenue is expected to exceed $687 million, indicating at least $199 million in Q4 revenue, with ~52% YoY growth. Originally intended as a tool for the Federal Government, the company has since expanded to serve state and local governments as well as private corporations.
- For instance, obtaining a large government contract may enhance the company’s revenue and profitability, potentially boosting PLTR’s stock price.
- Beth Kindig and the I/O Fund do not own shares in PLTR at the time of writing and may own stocks pictured in the charts.
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- Palantir guided for a larger QoQ revenue deceleration for Q4 than it had in Q3 – guidance implies revenue growth of ~26.4% YoY, a 3.6-point deceleration from 30% YoY.
- While growth is projected to slow on a quarter-over-quarter basis, Palantir’s management has a track record of beating projections on a regular basis.
- US commercial revenue increased 54% YoY and 13% QoQ to $179 million, slightly decelerating from 55% YoY growth in Q2.
Blistering AI Momentum Continues
The palanteri are indestructible crystal globes used for seeing across great distances. Palantir continues to successfully implement real-world AI across government and commercial sectors at an impressive rate. Palantir has done a great job diversifying to the commercial sector, lessenin… The flagship ARK Innovation Fund (ARKK) has continued to underperform the broad market in the past few years as some of its prominent … The defense and space sector is experiencing a shift, with Voyager Technologies filing for an IPO as the industry gains momentum under the Trump administration. 2025’s outlook for AI applications software spending is positive, with a particular focus on curated data solutions that Palantir dominates.
- Few companies are as difficult for non-techies to understand as Palantir (PLTR).
- In the third quarter, revenue increased by 30% year over year, while adjusted earnings per share (EPS) of $0.10 rose 43% from the prior-year quarter.
- She is known for making bold calls on tech stocks and offers weekly free analysis that leverages her ten years of experience in the private markets.
- Palantir would have to grow its profits by 10x without a change in the stock price to have a P/E valuation in line with big tech stocks like the “Magnificent Seven.”
- Two weeks ago, I highlighted that Palantir is “one of the rare few that sees AI drive both real returns for its business and real value for its customers,” while it continues to crush its software peers in AI-related growth.
- Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally.
- Over the last four quarters, Palantir Technologies surpassed consensus EPS estimates two times.
AIP has been the primary driving force of this revenue reacceleration, with strong adoption in the US commercial segment. AIP’s scalability, interoperability and versatility allow it to quickly be integrated by enterprises. Despite proving again that it’s one of the only software names with real revenue in the market, Q3’s report pushed the valuation even higher.
Palantir in ‘Sweet Spot’ for Federal AI Spending. These Analysts Are Bullish on the Stock.
Even down the line, Palantir is trading at double its peers, at 146x forward earnings, versus 88x for CrowdStrike and 71x for ServiceNow. US commercial has been a driving factor for Palantir, as the primary segment adopting AIP and … Palantir dont worry about china selling us bonds guided for a larger QoQ revenue deceleration for Q4 than in Q3, implying ~26.4% YoY growth, a 3.6-point deceleration from 30% YoY. Last quarter, Palantir’s guidance implied a 2-point deceleration from 27.2% YoY in Q2 to 25.2% in Q3, but a significant beat pushed growth to 30%.
Methods for Trading Palantir Stock
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Palantir’s forward earnings multiple is also double, at 146x, compared to 88x for CrowdStrike and 71x for ServiceNow. For the current 100 pips power trend forex day trading strategy quarter, Palantir Technologies is expected to post earnings of $0.11 per share, indicating a change of +37.5% from the year-ago quarter. Today the company builds and deploys solutions for its clients based on three primary offerings.
This is the highest RPO and growth rate since the I/O Fund began tracking Palantir in late 2023, highlighting its AI-driven momentum. No investment decision can be efficient without considering a stock’s valuation. Whether a stock’s current price rightly reflects the intrinsic value of the underlying business and the company’s growth prospects is an essential determinant of its future price performance.
Technological advances may result in new Palantir products and services, potentially expanding the company’s market share and driving up the stock price. On the other hand, delays or failures in innovation and product development may adversely affect PLTR’s price. As a company specialising in big data analytics, Palantir is a market with growing demand. Yet, it’s important to note that the sector also includes competitive companies such as Alteryx and Cognizant (CtSH), which contribute to the dynamic nature of the industry. Looking ahead, for the full year, management is guiding to operating income between $966 million and $974 million and adjusted free cash flow of between $800 million and $1 billion.