Palantir's Q2 Blowout: AI-Driven Growth Sparks Wall Street Optimism

Wall Street Is Even More Bullish on Palantir Stock After Blowout Results

Palantir Technologies (PLTR) shares show no signs of slowing down. Palantir stock soared 8% to nearly $175 Tuesday, a day after the AI software firm reported better-than-expected second-quarter results, leading several Wall Street analysts to increase their price targets. Bank of America analysts noted that Palantir's quarterly revenue rose 48% year-over-year to top $1 billion for the first time, and with margins of 46%, the firm's "Rule of 40" score was 94%. As a result, they affirmed their "buy" rating on the stock and raised their price objective to $180 from $150, "mainly to reflect stronger growth and profitability." In addition, Morgan Stanley raised its Palantir price target to $155 from $88, noting its "significant margin expansion" and calling the company a "clear AI winner." Meanwhile, Deutsche Bank analysts increased their rating on the stock to "hold" from "sell," and doubled their price target to $160 from $80. With today's gains, Palantir shares are up nearly 130% in 2025 and more than 600% over the past 12 months.

What Analysts Think of Palantir Stock Ahead of Earnings

Despite -- or perhaps because of -- the meteoric rise, just two out of 12 brokers tracked by Visible Alpha have a "buy" or equivalent rating for Palantir stock. Palantir Technologies (PLTR) is scheduled to report second-quarter results after the closing bell Monday, with analysts divided on one of 2025's hottest stocks. Shares of Palantir have more than doubled in price this year, leading the best-performing S&P 500 companies, as the company's AI software has become a mainstay, particularly within U.S. government agencies. However, Wall Street largely has been wary of the meteoric rise. The consensus price target among analysts tracked by Visible Alpha is just over $107 -- roughly 30% lower than Palantir's Friday close above $154. The stock was up about 3% near $160 in recent trading. Just two out of 12 analysts have a "buy" or equivalent rating for Palantir stock, alongside seven "hold" ratings and three "sell" recommendations, according to Visible Alpha data. One such bull is Wedbush, which last month lifted its Palantir price target to $160. To hear Wedbush analyst Dan Ives tell it, the Street has it wrong. "We believe the Street is underestimating the $1 billion+ revenue stream that [Palantir's Artificial Intelligence Platform] US commercial business can evolve into over the next few years and the technology competitive moat that [CEO Alex] Karp & Co. have built," Wedbush said. For the second quarter, analysts expect Palantir to report revenue of $939.6 million, up 39% year-over-year, and adjusted earnings per share of 14 cents, rising from 9 cents a year earlier.

Why Palantir Is in a 'Class of Its Own,' According to Jefferies

Palantir is set to report quarterly financial results after the closing bell today. There's one key metric in which AI software maker Palantir (PLTR) stands out, and that investors could use to identify winners like it in the AI era, according to analysts at Jefferies. That gauge is revenue growth relative to headcount, a measure the analysts say could become an increasingly popular signal of tech companies' adaptability in the artificial intelligence era, as firms face pressure to show their investments in AI are not only boosting revenues, but also making staff more productive and driving greater value per employee. "Our thesis here is that IT Services companies are not going to be rewarded for growing revenue in line with headcount to the same extent as they have in the past," the analysts said in a note Monday, and pointed to outsized stock gains for the companies that have convinced investors of their success in this area, like Palantir. Palantir, which is due to report quarterly financial results after the closing bell today, "is in a class of its own" said Jefferies, compared to other IT services firms the analysts tracked, including Accenture (ACN) and Cognizant Technology Solutions (CTSH). Shares of the AI investor favorite were up about 3% near $159 in recent trading. They've more than doubled in value in 2025 so far, and are up over 500% from this time a year ago. However, Wall Street analysts are divided on how much higher they think the stock could go, amid some concerns it could be overvalued after its rapid rise. Ahead of the company's quarterly results later today, analysts widely expect Palantir to report rising revenue and profits on strong demand for its Artificial Intelligence Platform.

Palantir Technologies Stock Hits A New All-Time High: What's Going On? - Palantir Technologies (NASDAQ:PLTR)

Palantir Technologies Inc PLTR shares hit a new all-time high on Friday, capping an active week driven by a blockbuster second-quarter earnings report that showcased explosive growth in its commercial artificial intelligence business. Here's what investors need to know. What To Know: The company posted revenue of $1.004 billion, exceeding analyst estimates of $939.71 million, and delivered adjusted earnings of 16 cents per share against expectations of 14 cents. This performance marked Palantir's eighth consecutive quarter of GAAP profitability, signaling a pivotal and successful expansion beyond its government-sector roots. The stellar results prompted a wave of bullish analyst updates. Wedbush's Dan Ives raised his price target to $200, citing "off the charts" commercial expansion and what he termed "hyper growth demand" for Palantir's Artificial Intelligence Platform. Other firms followed suit, with Piper Sandler increasing its target to $182 and Bank of America reiterating a Buy rating with a $180 target. The consensus view highlights Palantir's growing dominance in the enterprise AI space, with some analysts arguing its integrated model places it in a "category of one." This momentum was fueled by a 93% year-over-year increase in U.S. commercial revenue and a 43% growth in customer count. Buoyed by this performance, Palantir raised its full-year revenue guidance to a range of $4.14 billion to $4.15 billion. CEO Alex Karp called the quarter "phenomenal," telling investors, "This is still only the beginning of something much larger." While some valuation concerns linger, the record-breaking stock price reflects overwhelming investor confidence in Palantir's strategy and its key role in the unfolding AI revolution. Benzinga Edge Rankings: According to Benzinga Edge rankings, Palantir exhibits extremely strong quantitative metrics for both momentum and growth, while signaling a significant concern regarding its valuation. The stock scores an exceptional 99.15 for Momentum, reflecting its powerful price surge to new all-time highs. Its Growth score is also very high at 92.71, which quantitatively confirms the robust revenue expansion and positive forward guidance highlighted in its recent earnings. In stark contrast, the stock receives a very low Value score of just 2.47, underscoring that by traditional metrics, it is considered highly expensive. These rankings paint a clear picture of a high-flying growth stock whose primary headwind is its premium valuation. Price Action: According to data from Benzinga Pro, PLTR shares are trading higher by 2.75% to $187.22 Friday morning. The stock has a 52-week high of $187.99 and a 52-week low of $29.10. Read Also: Betting On The Trade War: 3 Stocks That Could Win If Global Tensions Intensify How To Buy PLTR Stock Besides going to a brokerage platform to purchase a share - or fractional share - of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. For example, in Palantir Technologies' case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment. Image: Shutterstock PLTRPalantir Technologies Inc$186.562.39%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum99.15Growth92.71QualityN/AValue2.47Price TrendShortMediumLongOverview This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs

Palantir Surges Past Q2 Estimates, Cites AI For Strong Outlook - Palantir Technologies (NASDAQ:PLTR)

Palantir Technologies Inc PLTR reported financial results for the second quarter after the market close on Monday. Here's a look at the key details from the AI software company's report. Q2 Earnings: Palantir reported second-quarter revenue of $1.004 billion, beating analyst estimates of $939.71 million. The company reported second-quarter adjusted earnings of 16 cents per share, beating analyst estimates of 14 cents per share. Palantir has now met or exceeded analyst estimates on the top and bottom lines in eight consecutive quarters, according to data from Benzinga Pro. Total revenue was up 48% year-over-year as U.S. revenue grew 68% year-over-year to $733 million. U.S. Commercial revenue grew 93% year-over-year to $306 million and U.S. Government revenue climbed 53% year-over-year to $426 million. Palantir's customer count grew 43% year-over-year and 10% on a quarter-over-quarter basis. The company said it closed 157 deals worth over $1 million during the quarter, 66 deals worth at least $5 million and 42 deals worth at least $10 million. Palantir generated $539 million in cash from operations and $569 million in adjusted free cash flow in the quarter. Palantir ended the quarter with approximately $6 billion of cash, cash equivalents and short-term U.S. treasury securities. "This was a phenomenal quarter. We continue to see the astonishing impact of AI leverage. Our Rule of 40 score was 94%, once again obliterating the metric, " said Alex Karp, co-founder and CEO of Palantir. "We are guiding to the highest sequential quarterly revenue growth in our company's history, representing 50% year-over-year growth." Trending Investment OpportunitiesAdvertisementArrivedBuy shares of homes and vacation rentals for as little as $100. Get StartedWiserAdvisorGet matched with a trusted, local financial advisor for free.Get StartedPoint.comTap into your home's equity to consolidate debt or fund a renovation.Get StartedRobinhoodMove your 401k to Robinhood and get a 3% match on deposits.Get Started Guidance: Palantir expects third-quarter revenue to be in the range of $1.083 billion to $1.087 billion versus Benzinga Pro estimates of $981.1 million. Palantir also raised its full-year guidance. Palantir now expects full-year 2025 revenue of $4.14 billion to $4.15 billion, up from prior guidance of $3.89 billion to $3.90 billion. Analysts were forecasting full-year revenue of $3.9 billion. Palantir raised its U.S. commercial revenue guidance, adjusted income from operations guidance and adjusted free cash flow guidance for 2025. The company said it continues to expect positive GAAP operating income and net income in each quarter this year. Palantir's management team will further discuss the quarter on an earnings call with investors and analysts at 5 p.m. ET. PLTR Price Action: Palantir shares were up approximately 112% year-to-date heading into Monday's earnings report. Shares were up 3.77% in after-hours, trading at $166.75 at the time of publication, according to Benzinga Pro. Read Next: Palantir's Earnings Tightrope: Up 100%+ YTD, PLTR Stock Dances Near Momentum Peak How AI Is Transforming Stock Trading For Retail Investors Photo: slyellow/Shutterstock.com PLTRPalantir Technologies Inc$166.758.09%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum99.13Growth97.80QualityN/AValue2.39Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

Dan Ives Raises Palantir Price Target, Sees 24% Upside On 'Hyper Growth Demand' -- Stock Jumps Nearly 6% In Tuesday Pre-Market - Palantir Technologies (NASDAQ:PLTR)

Wedbush analyst Dan Ives raised his price target on Palantir Technologies Inc. PLTR to $200, citing "hyper growth demand" and "off the charts" commercial expansion. Ives, in a post on X, described Palantir as a key player in the "use case era of the AI Revolution," highlighting its unique value proposition in the enterprise AI space. At the current stock price of $160.66, the stock is expected to rise 24.49%, as per Ives. The company's commercial revenue rose 35% year-over-year, indicating a widening shift from government contracts toward enterprise adoption of its Foundry and AIP platforms. Trending Investment OpportunitiesAdvertisementArrivedBuy shares of homes and vacation rentals for as little as $100. Get StartedWiserAdvisorGet matched with a trusted, local financial advisor for free.Get StartedPoint.comTap into your home's equity to consolidate debt or fund a renovation.Get StartedRobinhoodMove your 401k to Robinhood and get a 3% match on deposits.Get StartedKarp Tells Retail Investors: Ignore the 'Suffering' Haters Palantir Technologies reported robust second-quarter earnings, fueled by growing commercial demand for its artificial intelligence platform. The company's Q2 results bolster its position as a leading AI-driven enterprise software firm. Its expanding customer base and deepening commercial integrations signal growing utility in sectors ranging from defense to finance. CEO Alex Karp credited the company's rise to long-term support from retail investors. In a post-earnings interview, Karp urged retail shareholders to ignore skeptics, saying, "Stop talking to the haters. They're suffering." During the Tuesday pre-market trading session, PLTR stock climbed 5.94%, according to data from Benzinga Pro. Palantir Rises On AI hopes, But Valuation Fears Linger The company's performance reflects broader investor enthusiasm for companies with real-world AI applications. However, some caution remains. PLTR trades at approximately 80 times revenue, raising concerns about overvaluation. Analysts warn that August could trigger a "mean reversion" if momentum cools or macro headwinds emerge. The company's forward-looking strategy, emphasizing platform scalability and operational AI use cases, has positioned it favorably in an increasingly competitive market. As institutional and retail interest converges, Palantir's trajectory could hinge on whether it can sustain growth expectations amid rising scrutiny over tech valuations. READ MORE: Palantir Fever Is Running High Today; Meanwhile, This Peter Thiel-Backed Crypto Exchange Aims For $4.3 Billion IPO Image via Shutterstock Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. PLTRPalantir Technologies Inc$170.926.39%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum99.04Growth97.94QualityN/AValue2.41Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

Palantir Has A Thing For Election Years: And Investors Are Voting 'Yes' Again - Palantir Technologies (NASDAQ:PLTR)

If you think Palantir Technologies Inc PLTR has been on a tear lately, you're not wrong. The stock is up a staggering 128.09% year-to-date and a whopping 611.93% over the past 12 months. In July alone, it's gained another 23.28% -- outpacing most AI peers and turning heads on Wall Street. * Track PLTR stock here. This might not even be peak Palantir. While 2025 looks explosive, it's got stiff competition -- from Palantir itself. Read Also: Palantir Stock Is Hitting All-Time Highs Tuesday: What's Going On? During last year's AI boom, an election year when Donald Trump became U.S. President, PLTR stock skyrocketed 356.15%. And back in 2023, it posted a jaw-dropping 168.70% gain. Even its debut rally in 2020, another election year where Joe Biden won the presidential election, clocked in at 147.89%, outpacing its current YTD surge. Yes, 2021 and 2022 were cold showers, with -22% and -65% returns, respectively. But when this stock gets hot, it gets hot -- and right now, 2025 is playing catch-up. What's driving the fire this time? Palantir has significantly expanded its federal government work under the Trump administration, securing over $113 million in contracts since early January, including new deals with the Pentagon and Homeland Security. This figure excludes a recent $795 million Department of Defense contract. The firm's steady presence in defense and commercial AI deployments continues to attract bullish bets, especially with the U.S. defense spending and budget overhauls spotlighting national security and infrastructure spending. Still, investors wondering if they've missed the rally may find solace in history. Palantir has a habit of doubling -- or tripling -- in election years. But if the stock wants to beat its own best, it'll have to go even higher. At the current pace, 2025 is shaping up to be great. But for Palantir, "great" has a surprisingly high bar. Image: Shutterstock PLTRPalantir Technologies Inc $172.277.22% Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full Score Edge Rankings Momentum 99.04 Growth 97.94 Quality N/A Value 2.41 Price Trend Short Medium Long Overview Market News and Data brought to you by Benzinga APIs

Palantir Stock Is Trending Today: What's Going On? - Palantir Technologies (NASDAQ:PLTR)

Palantir Technologies Inc PLTR shares are trading higher Monday ahead of earnings scheduled after the bell. Here's what you need to know before the report. What To Know: Palantir is set to report financial results for the second quarter after the market close on Monday. The AI software company is expected to report adjusted earnings of 14 cents per share and revenue of $939.71 million, according to estimates from Benzinga Pro. Palantir has met or exceeded analyst expectations in seven consecutive quarters heading into Monday's print as the company has continued to benefit from strong AI-related tailwinds. Last quarter, Palantir said U.S. Commercial revenue jumped 71% year-over-year and U.S. Government revenue increased 45% year-over-year driven by continued demand for its Artificial Intelligence Platform. CEO Alex Karp said at the time that Palantir was in the middle of a "tectonic shift" in the adoption of its software. Palantir shares are up about 24% since the company last reported quarterly results. Palantir has a strong momentum score of 99.13, according to Benzinga Pro data. Recent analyst coverage suggests the stock may have more room to run. Loop Capital analyst Mark Schappel maintained Palantir with a Buy rating last week and raised the price target from $155 to $178. Piper Sandler analyst Brent Bracelin also initiated coverage with an Overweight rating and set a price target of $170. Trending Investment OpportunitiesAdvertisementArrivedBuy shares of homes and vacation rentals for as little as $100. Get StartedWiserAdvisorGet matched with a trusted, local financial advisor for free.Get StartedPoint.comTap into your home's equity to consolidate debt or fund a renovation.Get StartedRobinhoodMove your 401k to Robinhood and get a 3% match on deposits.Get Started Piper Sandler sees Palantir as a long-term winner in the AI race. The analyst firm believes the company's unique combination of strong growth and expanding margins set it up for long-term success, but warned that the company's lofty valuation could spur volatility in the near term. Wedbush's Dan Ives also raised the price target to $160 last month as the analyst expects Palantir to be a core winner of the anticipated AI spend over the next few years. Ives predicted earlier this year that Palantir could climb to a $1 trillion market cap within two to three years. Shares would need to reach approximately $427 for Palantir to hit that valuation. PLTR Price Action: Palantir shares are trading near all-time highs as the company prepares to report second-quarter results. The stock was up 3.63% at $159.90 at the time of publication Monday, according to Benzinga Pro. Read Next: Tesla Says Retaining Elon Musk Is 'More Important Than Ever Before' As Company Kicks Off $29 Billion Compensation Process For CEO Photo: Shutterstock. PLTRPalantir Technologies Inc$159.403.33%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum99.13Growth97.80QualityN/AValue2.39Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

Palantir Surges Over 4% In After Hours Trading On Strong Q2 Earnings -- Analyst Warns August Could Trigger 'Mean Reversion' As PLTR Trades At 80x Revenue - Palantir Technologies (NASDAQ:PLTR)

Palantir Technologies Inc. PLTR extended gains 4.57% in after-hours trading on Monday, reaching $168 following a blowout second-quarter earnings report. However, technical analyst Mark Newton warned of stretched valuations as the stock's Relative Strength Index indicator hit 95. Check out the current price of PLTR stock here. Technical Warning Emerges Despite Strong Earnings Beat Newton, Managing Director at Fundstrat Global Advisors, posted on X, that the company closed 42 deals worth more than $10 million last quarter, but questions remain about whether that pace is sustainable, given its valuation of 70 to 80 times revenue. Q2 Results Obliterate Wall Street Estimates Palantir reported revenue of $1.004 billion, crushing analyst estimates of $939.71 million and marking 48% year-over-year growth. Adjusted earnings per share hit $0.16, beating the consensus of $0.14. U.S. revenue surged 68% to $733 million, driven by 93% growth in commercial revenue to $306 million. CEO Alex Karp called it "a phenomenal quarter," citing AI's "astonishing impact" on business performance. The company closed 157 deals over $1 million, including 42 deals exceeding $10 million. See Also: Palantir Fever Is Running High Today; Meanwhile, This Peter Thiel-Backed Crypto Exchange Aims For $4.3 Billion IPO Bulls Target $200 Despite Valuation Concerns CNBC's Jim Cramer remained bullish despite the elevated metrics. "Palantir, when it was $50 I said it would go to $100, when it was at $100 I said it would go to $150 and now that it has topped $150 its next stop is $200," Cramer posted on X. Wedbush analyst Dan Ives, calling Palantir "the Messi of AI," projected a trillion-dollar market cap within two to three years. Guidance Raised Amid Mean Reversion Warning Palantir raised full-year 2025 revenue guidance to $4.14-4.15 billion from $3.89-3.90 billion, well above analyst expectations of $3.9 billion. The third quarter revenue guidance of $1.083-1.087 billion significantly exceeded estimates of $981.1 million. However, Newton cautioned that "late August could bring some necessary mean reversion" and recommended "running trailing stops on extended issues like this a must when the air gets a bit 'thin.'" Read Next: Elon Musk's $29 Billion Pay Package Solidifies Tesla CEO Role 'Till 2030,' Says Dan Ives -- Gary Black Calls It Favorable For TSLA Stock Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo: slyellow / Shutterstock.com PLTRPalantir Technologies Inc$168.008.90%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum99.13Growth97.80QualityN/AValue2.39Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

Palantir Stock Is Hitting All-Time Highs Tuesday: What's Going On? - Palantir Technologies (NASDAQ:PLTR)

Palantir Technologies Inc PLTR shares are hitting all-time highs on Tuesday following the company's better-than-expected results for the second quarter. Multiple analysts also raised price targets following the print. What To Know: Palantir beat analyst estimates on the top and bottom lines for the eighth straight quarter when it reported second-quarter revenue of $1.004 billion versus estimates of $939.71 million, and adjusted earnings per share of 16 cents versus estimates of 14 cents. Revenue was up 48% year-over-year as U.S. Commercial revenue jumped 93% year-over-year and U.S. Government revenue increased 53% year-over-year. "This is still only the beginning of something much larger and, we believe, even more significant," Alex Karp, co-founder and CEO of Palantir, said in a letter to shareholders. "With continued execution, and a focus on what matters and a near complete disinterest in what does not, we believe that Palantir will become the dominant software company of the future." Palantir's customer count grew 43% year-over-year. The company generated $569 million in adjusted free cash flow in the quarter and ended the period with $6 billion in cash, cash equivalents and short-term U.S. treasury securities. Palantir said it expects third-quarter revenue of $1.083 billion to $1.087 billion versus estimates of $981.1 million. The company also raised its full-year guidance to a range of $4.14 billion to $4.15 billion versus estimates of $3.9 billion. "We are guiding to the highest sequential quarterly revenue growth in our company's history, representing 50% year-over-year growth," Karp said. Trending Investment OpportunitiesAdvertisementArrivedBuy shares of homes and vacation rentals for as little as $100. Get StartedWiserAdvisorGet matched with a trusted, local financial advisor for free.Get StartedPoint.comTap into your home's equity to consolidate debt or fund a renovation.Get StartedRobinhoodMove your 401k to Robinhood and get a 3% match on deposits.Get Started Analysts React: Following the company's quarterly results, multiple analysts lifted price targets. Deutsche Bank analyst Brad Zelnick upgraded Palantir from Sell to Hold and raised the price target from $80 to $160. Piper Sandler analyst Brent Bracelin maintained an Overweight and raised the price target from $170 to $182. Cantor Fitzgerald analyst Thomas Blakey maintained a Neutral and raised the price target from $110 to $155, UBS analyst Karl Keirstead raised the price target from $110 to $165 and Wedbush's Dan Ives lifted his price target to a Street-high $200. Ives highlighted "continued hyper growth demand" for Palantir's AI products and pointed to the "unique value" the company brings to the AI revolution. PLTR Price Action: Palantir shares were up 8.0% at $173.56 at the time of publication Tuesday, according to Benzinga Pro. Read Next: Alex Karp Says Working At Palantir Is The 'Best Credential In Tech', Takes A Dig At Elite Colleges Photo: Sundry Photography/Shutterstock.com PLTRPalantir Technologies Inc$174.168.41%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum99.04Growth97.94QualityN/AValue2.41Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

Jim Cramer Says Palantir's 'Next Stop Is $200' After Q2 Earnings Blowout: Dan Ives Calls It 'The Messi of AI' - Palantir Technologies (NASDAQ:PLTR)

AI giant, Palantir Technologies Inc. PLTR, is drawing loud praise from Wall Street analysts following the company's robust second-quarter performance, as it surged past consensus estimates. Check out the current price of PLTR stock here. What Happened: On Monday, senior analyst Dan Ives, who refers to the company as the "Messi of AI," joined Yahoo Finance's Market Domination Overtime to share his reactions and discuss its second-quarter performance. According to Ives, this was "a blowout across the board," as he praised CEO Alex Karp's leadership as a "Hall of Fame performance." Speaking on valuation concerns, Ives says that, in his view, the company will reach a "trillion dollar market cap" over the next two to three years. See Also: Palantir Alum Recalls 2020 All-Nighter That Won Over Tyson Foods After CTO Called Demo 'Impossible' During Pandemic Supply Chain Crisis The host of CNBC's Mad Money, Jim Cramer, doubled down on his bullish outlook on the stock, following its results. "Palantir, when it was $50, I said it would go to $100, when it was at $100, I said it would go to $150," and now Cramer says the "next stop is $200," which is a 24.48% upside from current levels. Cramer also highlighted a term used during Palantir's earnings call, "Doomerism," referring to the negativity surrounding AI and the company itself, likely promoted by short-sellers. Meanwhile, Neil Sethi, the managing partner at fund manager, Sethi Associates, lauds the company's outperformance in the face of "sky-high expectations." Trending Investment OpportunitiesAdvertisementArrivedBuy shares of homes and vacation rentals for as little as $100. Get StartedWiserAdvisorGet matched with a trusted, local financial advisor for free.Get StartedPoint.comTap into your home's equity to consolidate debt or fund a renovation.Get StartedRobinhoodMove your 401k to Robinhood and get a 3% match on deposits.Get Started He notes that "sales jumped 68% to $733 million," and the company "raised its revenue outlook for the full year to $4.14 billion to $4.15 billion, exceeding analysts' prior expectation of $3.91 billion," as it cites the "astonishing impact" of artificial intelligence on its business. Why It Matters: Palantir released its second-quarter earnings on Monday, reporting revenue of $1.004 billion, up 48% year-over-year, and beating analyst estimates of $939.71 million. It posted a profit of $0.16 per share, which was again ahead of consensus estimates at $0.14 per share. Riding the AI momentum, the company raised its guidance for the full year to $4.15 billion, up from its prior guidance of $3.90 billion, which was in line with consensus estimates. Price Action: Palantir shares were up 4.14% on Monday, trading at $160.66, and are up another 4.57% after hours, following its earnings announcement after markets closed. According to Benzinga's Edge Stock Rankings, Palantir shares score high on Momentum and Growth, with a favorable price trend in the short, medium and long term. Click here for deeper insights into the stock, its peers and competitors. . Read More: Palantir Lands $10 Billion Army Deal To Unify 75 Contracts Into One AI-Powered Defense Software Framework Photo: slyellow / Shutterstock.com PLTRPalantir Technologies Inc$168.008.90%Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock - anytime. Unlock RankingsEdge RankingsMomentum99.13Growth97.80QualityN/AValue2.39Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

Palantir Stock Deserves Valuation Premium: Analyst Says Growth + Margin Equals 'Category Of One' - Palantir Technologies (NASDAQ:PLTR)

Palantir Technologies PLTR analysts highlight the company's accelerating growth after it reported second-quarter financial results and provided guidance ahead of estimates. The Palantir Analysts: Piper Sandler analyst Brent Bracelin maintained an Overweight rating on Palantir and raised the price target from $170 to $182. Bank of America analyst Mariana Perez Mora reiterated a Buy rating and raised the price target from $150 to $180. Read Also: Alex Karp Says Working At Palantir Is The 'Best Credential In Tech', Takes A Dig At Elite Colleges Piper Sandler on PLTR: Strong demand across government and commercial segments is showing the AI platform potential for Palantir, Bracelin said in a new investor note. He said Palantir's second-quarter revenue beat was the largest in dollars ever, marking the eighth consecutive quarter of top-line growth acceleration. "The 10-year $10B Army Deal strengthens the case for further government share gains within the large $1T+ Defense TAM while 93% y/y growth in U.S. commercial reinforces an untapped AI platform opportunity for large enterprise customers," Bracelin said. Strong demand from both the government and commercial segments supports an "intermediate-term bull-case scenario" for Palantir stock, the analyst said. "While PLTR carries a rich valuation premium and remains a high-risk investment, the one-of-a-kind growth+margin model puts it into a unique category of one that warrant a premium, in our view." Bracelin noted that Palantir is growing revenue and market share within two different $1 trillion+ TAM opportunities. Bank of America on PLTR: Stronger-than-expected growth and profitability highlight a strong second quarter, said Mora in a new investor note. "We expect growth to continue as PLTR remains the best in class for deploying and operationalizing AI into enterprises," Mora said. Palantir is approaching its own "singularity" moment with its first quarter of more than $1 billion in revenue, she pointed out. "We see the US customer count growth of 64% Y/Y, with only about 10% increase in headcount, as soothing concerns that growth is capped by the number of forward-deployed engineers PLTR can maintain." Mora said they expect Palantir's new customer growth to continue with the company being the best in class for deploying AI into enterprises. She also highlighted that Palantir aligns with all three key pillars of the recent "Winning the Race" AI plan from the Trump administration, noting that it could benefit from an acceleration of AI adoption in the government. "The number of US companies mentioning PLTR on their earnings calls more than tripled Y/Y in 1Q25, with PLTR gaining ground in multiple new sectors." Palantir mentions continue to be strong, Mora said, in the second quarter earnings cycle, which highlights the company's notable brand. PLTR Price Action: Palantir stock rose 7.1% to $172.05 on Tuesday, within a 52-week trading range of $25.57 to $176.33. Palantir stock is up 128.9% year-to-date in 2025, hitting new 52-week highs Tuesday morning. Read Next: Alex Karp Thanks Retail Investors For Palantir's Rise: 'Stop Talking To The Haters, They're Suffering' Photo: Shutterstock PLTRPalantir Technologies Inc$170.906.37%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum99.04Growth97.94QualityN/AValue2.41Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs

Why Palantir Technologies Stock Surged 16% to a New All-Time High in July

Demand for its artificial intelligence (AI) tools propelled the data mining specialist to new heights. Shares of Palantir Technologies (PLTR -2.35%) were off to the races last month, soaring 16% in July and hitting a new all-time high, compared to just a 2.3% increase for the S&P 500, according to data provided by S&P Global Market Intelligence. The data mining and artificial intelligence (AI) specialist announced several new contract wins, suggesting the adoption of AI continues to gain steam. New deals and growing optimism on Wall Street Palantir reported several new contracts during July, and two in particular are noteworthy. First, Palantir announced its Warp Speed for Warships program designed to help the U.S. Navy "accelerate warship production, fleet readiness, and digital transformation." By digitally connecting the network of shipbuilders, suppliers, and critical partners, the program will use data to modernize communication and coordination. The other important contract is with the U.S. Army. What made this deal particularly noteworthy is that it could be worth as much as $10 billion over the coming decade, making it Palantir's largest signed contract to date. The agreement combined 75 individual contracts into a single enterprise deal, establishing a "comprehensive framework for the Army's future software and data needs." These contracts also helped fuel bullish sentiment among several Wall Street analysts. Analysts at Piper Sandler initiated coverage on Palantir at an overweight (buy) rating, assigning a price target of $170 (the stock has since eclipsed that benchmark). The analysts cited Palantir's "one-of-a-kind growth," suggesting the company can deliver a revenue run rate of $24 billion by 2032. Analysts at Loop Capital were similarly bullish, maintaining a buy rating and increasing their price target to $178 (the stock has since surpassed that benchmark as well). The analysts said they expected Palantir to deliver a beat and raise quarter when it reported in early August (it did). The elephant in the room Bears are quick to point out Palantir's egregious valuation, and rightfully so. The stock has a price-to-earnings (P/E) ratio of 616 and an only slightly more palatable 218 times next year's earnings. With multiples of that magnitude, the stock is subject to extreme volatility, and some investors suggest that the stock will never grow into its valuation. I would counter that Palantir has delivered eight consecutive quarters of accelerating revenue growth, is solidly profitable, and has an industry-leading Rule of 40 score of 94%, pointing to the high quality of its earnings. The company's remaining performance obligation (RPO), which provides insight into future revenue, grew 77% to $2.42 billion. Furthermore, Palantir stock has notched gains of 1,830% over the past year, enriching patient investors. Don't get me wrong. I think the road ahead will be a rocky one, but for investors planning to hold the stock for the coming decade, I believe Palantir has a vast amount of potential. Those concerned about the valuation may just want to buy a small position or dollar-cost average into the stock.

Why Palantir Stock Soared 21.2% This Week | The Motley Fool

Shares of Palantir (PLTR 2.53%) spiked this week, finishing up 21.2% from last Friday's close. The jump comes as the S&P 500 gained 2.4% and the Nasdaq-100 rose 3.7%. Palantir reported huge earnings earlier this week, beating Wall Street's already high expectations for the artificial intelligence (AI) juggernaut. It was another massive quarter for the AI darling. Palantir's second-quarter earnings showed adjusted earnings per share (EPS) of $0.16 on $1 billion in sales versus the consensus $0.14 per share on $940 million in sales. CEO Alex Karp said there is an ongoing "efficient revolution" that will allow him to increase sales while decreasing headcount, saying that his "goal is to get 10x revenue and have 3,600 people. We now have 4,100 [people]." The company lifted its guidance for the full year from between $3.89 billion and $3.9 billion to between $4.14 billion and $4.15 billion. The company's incredible and efficient growth is undeniable, but I continue to have serious doubts about its long-term prospects. Its trailing price-to-earnings ratio (P/E) is more than 600, 10 times that of Nvidia and almost 30 times that of Alphabet. It even dwarfs Tesla, which has its own valuation issues. The company would have to achieve near perfection for many years to justify this sort of multiple. I'm not sure it can, despite the optimism of its CEO. I would stay away from Palantir stock at this price.

If You'd Invested $1,000 in Palantir Stock 3 Years Ago, Here's How Much You'd Have Today | The Motley Fool

Palantir Technologies (PLTR 2.53%) stock has been on a tear since last year's U.S. presidential election. Since the election on Nov. 5, the stock is up by about 250%. While that is a considerable return, it is relatively modest compared to how the stock has performed over the last three years, when the market and Palantir were in the middle of a bear market. Amid the rising popularity of AI and its productivity solution, Palantir's returns since that time are nothing short of eye-popping. If one had bought Palantir on Aug. 8, 2022, a $1,000 investment would be worth about $15,700 today. Three years ago, a dramatic pullback from the highs of the 2021 bull market left Palantir trading below $10 per share, the approximate level where it sold on its first day of trading on Sept. 30, 2020. Additionally, it got off to a slow start as it briefly fell below $6 per share in December 2022. Nonetheless, Palantir began moving higher in 2023, particularly after Open AI's release of an upgraded version of ChatGPT put the spotlight on generative AI. Palantir responded with its own generative AI solution, the artificial intelligence platform (AIP), in April 2023. Customers began reporting massive productivity gains. Over time, the stock's growth accelerated as revenue growth began to rise at a significantly faster rate. Consequently, the stock reached stratospheric highs, with a P/E ratio approaching 600. Although such earnings multiples can be common with growth stocks, its price-to-sales (P/S) ratio of 130 all but verifies that the market has priced the stock for perfection. That increases the odds of a dramatic fall at the slightest hint of bad news. However, few can deny the success of Palantir's investors over the last three years. Even if its near-term prospects are less clear, Palantir should succeed long term, since its tools have delivered massive productivity gains for its customers.

Palantir Stock Doubles in 2025 -- Should Investors Brace for a Pullback? | Investing.com UK

Since the end of 2024, Palantir Technologies Inc (NASDAQ:PLTR)'s forward price-to-earnings (P/E) ratio has jumped drastically, from 158 to the current 285. For comparison, both software application and infrastructure application sectors have P/E ratios well under 50, at 46 and 30, respectively. The question is, should investors consider PLTR stock overvalued, especially after the latest Q2 2025 earnings report was delivered on Monday? As one of our most covered stocks, we've explained why Palantir is in a unique position. Namely, Palantir capitalizes on the centralizing tendency of governance systems, be they for corporate or federal governments. In the context of the U.S., Palantir provides critical AI tools for continued U.S. hegemony - data integration, harmonization, analytics - which lead to actionable insights. Perhaps more importantly, given President Trump's total alignment with Israeli interests, Palantir is there to scour data in order to identify friction points and prevent the erosion of that alignment. This is why, in late May, President Trump hand-picked Palantir to harmonize all data on U.S. citizens. Most recently at the end of July, President Trump also announced the digital transformation of Americans' medical records. Alongside Big Tech - Google (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL) - OpenAI is at the forefront of that effort. In turn, OpenAI has a multifaceted relationship with Palantir, together with Anduril Industries. Likewise, Larry Ellison's Oracle (NYSE:ORCL) is providing data cloud infrastructure for both Palantir and government agencies, alongside spearheading the Stargate Project and the Oracle Defense Ecosystem. This all points to the creation of a highly integrated and centralized meta-system, as an evolution of governance technology. Palantir's Foundry and Gotham facilitate this evolution by structuring data into a unified, consistent, and usable form. It is this more coherent system, aligned with particular interests, that then acts as a force multiplier, enabling cross-functional insights. Yet, there is only so much data harmonizing to go around for a new breed of governance. After all, once Palantir's systems are embedded, just as Windows OS has, where will the growth come from? For Q2 period ending June, Palantir recorded 48% revenue growth to just over $1 billion. Of that total revenue, Palantir's commercial contracts brought in $306 million, 93% higher from the year-ago quarter. Although this is impressive, it is also predictable given the rising tide of public-private partnerships. PPPs are the primary artifact of the centralizing tendency we addressed earlier, having greatly accelerated in the AI era. This was best demonstrated when President Trump visited Saudi Arabia and secured $600 billion in investment commitments. Likewise, when President Trump headed the inaugural Pennsylvania Energy and Innovation Summit in Pittsburgh, in other words, for governance technology to work at maximum efficiency, there is no tolerance for fragmentation. And considering that Big Tech was constructed as such, in order to project U.S. hegemony, it would make sense that organizations under the Big Tech umbrella would partake in Palantir's services. Viewing it from another angle, three-quarters of Europe's publicly listed companies rely on the U.S. tech stack, according to the latest Proton survey. Case in point, Ireland alone has 93% reliance on the US tech cluster. This means that Palantir massively benefits from Europe's vassal status. Not only are NATO nations incentivized to use Palantir, but EU companies' growth depends on the highly centralized U.S. infrastructure - with Palantir as the central nervous system. Accordingly, it is likely that Palantir's commercial growth will continue to outpace government contracts. After all, this is what one would expect in a world where everything becomes one system with many public-facing facets. And as Palantir serves as a cog of U.S. hegemony, pooling global capital, it is then no surprise that U.S. commercial revenue outperformed analyst expectations, jumping to $306 million vs $266 million expected. For the full-year 2025, Palantir now expects up to $4.15 billion revenue, which is an increase from the previous guidance of $3.89 billion, representing 45% annual growth instead of 36%. This is likely to continue. Not only did Europe have zero response to the bombing of the Nord Stream pipelines, but its vassal status was once again entrenched with an exceedingly bad (for the EU) trade deal. Consequently, the EU will be more reliant on the U.S. tech cluster, directly and indirectly benefiting Palantir. Over the week, PLTR stock is up 10%, and 128% year-to-date. Presently priced at $172 per share, it is more than double the 52-week average of $85 per share. However, investors should still wait for the next stock market correction to take PLTR stock exposure. That's because the average PLTR price target is $127.50, and the ceiling estimate is quite close to the present price level, at $180 per share, according to WSJ's forecasting data. *** Looking to start your trading day ahead of the curve?

Palantir: Wedbush raises TP

Wedbush maintains its 'outperform' rating on Palantir shares, while raising its target price for them from $160 to $200, reflecting continued hyper growth in demand for the company's AI product suite. The broker highlights another mind-blowing quarter for this AI Messi, as its artificial intelligence platform (AIP) continues to generate unprecedented interest in the commercial landscape. More and more companies are turning to Palantir for complex AI use cases, Wedbush points out, estimating that it has the potential to reach a market capitalization of $1 trillion in the coming years.