Palantir Surges After Blowout Earnings and AI Growth Projections
The data analytics company reported strong Q4 results, raised revenue guidance, and continues to lead in AI-driven solutions for commercial and defense sectors.
- Palantir's Q4 revenue reached $828 million, a 36% increase year-over-year, beating Wall Street's $776 million estimate.
- The company reported earnings of $0.14 per share, surpassing analysts' expectations of $0.11 per share.
- Palantir raised its full-year 2025 revenue forecast to between $3.74 billion and $3.76 billion, exceeding the $3.52 billion average estimate.
- Shares have soared over 500% in the past year, driven by its AI Platform and strong performance in both commercial and defense sectors.
- Analysts have raised price targets, with Bank of America increasing its target to $125, citing Palantir's leadership in operationalizing AI and data solutions.