Overview
- Revenue came in at $1.18 billion and adjusted EPS at $0.21, topping LSEG estimates of $1.09 billion and $0.17.
- Palantir lifted guidance to $1.327–$1.331 billion for Q4 and $4.396–$4.40 billion for 2025, marking a third consecutive raise.
- U.S. commercial revenue jumped 121% year over year to about $397 million, while U.S. government revenue rose 52% to $486 million.
- The company highlighted a new Nvidia partnership to integrate GPU hardware and software with its platform, alongside recent tie-ups with Snowflake and Lumen.
- Shares have more than doubled this year as the stock trades around a 246x forward P/E, with analysts boosting targets (Wedbush to $230) even as valuation debates persist.