Palantir's Stock is Soaring—While Analysts Are Calling for a Slide
Key Takeaways Palantir's stock is surging after its latest results beat Street expectations.Analysts worry the company may be overvalued, with many maintaining sell or equivalent ratings despite a strong quarter.
Why Palantir Stock Was Soaring Today
Shares of Palantir ( PLTR 23.47%) were soaring today after the artificial intelligence (AI)-focused software stock posted better-than-expected results in its third-quarter earnings report last night, as revenue growth accelerated for the fifth quarter in a row. It posted strong margin expansion as well.
Palantir stock soars as Department of Defense spending powers earnings beat
Palantir stock surged Tuesday after its third quarter earnings surpassed expectations thanks to better-than-anticipated spending from the US government on its AI tech.
What Wall Street Analysts Think of Palantir's Stock Ahead of Earnings
Palantir Technologies (PLTR) will report third-quarter earnings after the market closes on Monday, with analysts more bearish than bullish on whether the analytics software provider's stock can sustain its recent momentum. Of the 12 analysts covering ...
Analysts overhaul Palantir stock price target after Q3 earnings
Palantir Technologies shares powered firmly higher in early Tuesday trading Palantir (PLTR) , which was added to the S&P 500 last month, has established itself as key player in the defense industry, with a host of contracts with domestic and international agencies that focus on its data analytics and AI technologies.
Palantir Is Still Full Of Potential (Rating Upgrade)
We upgrade Palantir stock to strong buy on strong Q3 earnings report, showing sustainable 30% YoY revenue growth and no debt.
Palantir shares surge to record as AI boom powers forecast raise
Palantir shares jumped over 12% on Tuesday after the data analytics firm raised its annual revenue forecast for the third ...
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Better Artificial Intelligence Stock: Palantir vs. Super Micro Computer
As a software company, Palantir has best-in-class gross margins above 80%. This has enabled the company to expand its ...
Palantir Stock Price Levels to Watch After Post-Earnings Surge
Palantir shares jumped in extended trading on Monday after the analytics software provider topped third-quarter earnings ...
Data analytics firm Palantir jumps as AI boom powers software adoption
By Zaheer Kachwala (Reuters) -Palantir shares jumped more than 14% before the bell on Tuesday, after the data analytics firm ...
Palantir shares jump 23% to record on uplifting guidance
Palantir shares soared to a record on Tuesday after the software company reported better-than-expected results and issued ...
Palantir reports record profit attributed to unwavering AI demand
Palantir Technologies Inc has reported quarterly revenue that beat analysts’ estimates and raised its forecast for operating ...
Palantir raises 2024 revenue forecast again on robust AI adoption; shares surge
Palantir Technologies on Monday raised its annual revenue forecast for the third time, betting on strong spending from ...
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Palantir Climbs On Earnings Beat. Non-U.S. Commercial Sales Growth Misses
Palantir stock jumped on Q3 revenue that handily beat estimates while December quarter revenue guidance came in well above expectations.