Palantir (PLTR) Reports In-Line Q4 EPS, Offers Guidance

William Blair on Palantir (PLTR): 'we do not believe the company’s U.S. commercial momentum is sustainable'

William Blair analyst Louie DiPalma reiterated an Underperform rating and {REMOVEPT} price target on Palantir Technologies Inc. (NYSE: PLTR)

The analyst comments "Shares are trading up 15%-plus as investors are once again excited about the robust U.S. commercial revenue growth and margin expansion. Despite this enthusiasm, we expect shares to resume their recent downward trend after this earnings pop. Full year 2023 revenue actually came within the guidance range that was originally provided one year ago... More

Palantir Technologies Inc. (PLTR) PT Raised to $12 at Morgan Stanley, 'risk-reward skews negatively in our view'

Morgan Stanley analyst Keith Weiss raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $12.00 (from $9.00) while maintaining a Underweight rating.

The analyst comments "Palantir's Q4 results illustrated multiple fundamental trendlines within the company, many seeming to pull in different directions US Commercial customer adds picked up nicely in the quarter and overall billings/ bookings growth was very strong, but absent revenue catch up on two deals (Japanrelated and a federal contract) and upside on strategic investments, revenues... More

Palantir (PLTR) rises 20% as analysts rush to upgrade stock after strong results

(Updated - February 6, 2024 4:10 AM EST)

Shares of Palantir (NYSE: PLTR) surged 20% in pre-market Tuesday after the company reported better-than-expected fourth-quarter revenue.

The software firm posted Q4 earnings per share (EPS) of $0.08, in line with the consensus estimates. Revenue came in at $608.4 million, while analysts were looking for $602.86 million.

The company reported a significant increase in its commercial revenue, which saw a growth of 32% on a... More