Palantir: Fatigue Is Setting In

The Asian Investor
28.82K Followers
(9min)

Summary

  • Palantir Technologies reported impressive Q1 results, beating Wall Street revenue estimates and raising FY 2025 guidance due to robust U.S. commercial segment growth and AI product uptake.
  • Despite impressive revenue and operating income growth, Palantir shares dropped 12%, indicating market fatigue and concerns over high valuation at 151X forward earnings.
  • PLTR's customer acquisition surged, with a 39% year-over-year increase, driven mainly by U.S. commercial clients, contributing to significant revenue gains.
  • While Palantir's growth prospects remain strong, its current valuation is excessive, suggesting limited upside potential and warranting caution for new investors.
Artificial Intelligence in network space

Hiroshi Watanabe

Palantir Technologies (NASDAQ:PLTR) (NEOE:PLTR:CA) submitted excellent results for its first fiscal quarter, but nonetheless shares dropped 12%. The software enterprise raised its outlook due to accelerating growth in the U.S. commercial segment and is seeing strong momentum across its business: Palantir

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