Despite this artificial intelligence (AI) and data mining specialist's scorching run since early last year, investors continue to underestimate it.Palantir Technologies (PLTR 10.38%) has been among the early beneficiaries of the growing appeal of artificial intelligence (AI). The company's data mining and AI solutions have been adopted by U.S. government and enterprise customers alike. Its recent results lit a fire under the stock, and investors were clearly impressed.One Wall Street analyst believes this i ...

hapabapaExecutive Summary After the major tech selloffs, Palantir (NYSE:PLTR) stocks are currently trading around their fair market price. Palantir just reported a very strong performance in the first half of 2024, both in terms of revenue growth and profitability, primarily poised by the great success of its Artificial Intelligence Platform solutions in the commercial segment. Despite the recent tech sector price corrections – as many tech firms, especially AI-focused ones, came short of analysts’ expe ...

Now up 55% year to date, what comes next for the high-flying AI stock.?Shares of Palantir Technologies (PLTR 10.38%) surged in Tuesday's trading following a strong quarterly report. The software specialist ended the day up 10.4%, according to data from S&P Global Market Intelligence.Palantir published its second-quarter results after the market closed yesterday, and they came in better than anticipated. The company recorded adjusted earnings per share (EPS) of $0.09 on revenue of $678 million, topping the a ...

da-kuk Palantir (NYSE:PLTR) submitted a much better than expected earnings scorecard for the second fiscal quarter on Monday that showed solid top-line momentum and a significant amount of net customer additions, driven by AIP adoption. The software analytics company also raised its outlook for FY 2024 revenues, the second time this year, and posted its highest GAAP profit ever in Palantir’s history. The U.S. commercial segment once again saw strong traction and the company’s free cash flow is growing r ...

Key TakeawaysPalantir Technologies shares surged Tuesday, a day after the company's earnings beat driven by strong demand for its Artificial Intelligence Platform (AIP).Some analysts lifted their price target for the stock, citing AIP-driven growth.However, other raised concerns about the sustainability of Palantir's growth, noting a slowdown in sequential commercial U.S. growth and government headwinds. Palantir Technologies (PLTR) shares soared in intraday trading Tuesday, a day after the company's earnin ...

wildpixel Thesis Summary Palantir Technologies Inc. (NYSE:PLTR) is up over 10% after reporting its Q2 earnings, beating both revenue and EPS estimates. The company has seen a fast acceleration in both its commercial and government revenues. This is confirmation that Palantir's products are legitimately revolutionizing the way companies and governments manage their data. AIP is the main driver behind this growth, and as we learned in the earnings call, Palantir is strongly expanding its product pipeline. Thi ...

matejmo/iStock via Getty Images Denver-based Palantir Technologies Inc. (NYSE:PLTR) released its Q2 earnings after markets closed on the 5th of August. While analysts had estimated earnings per share (EPS) of $0.08 on revenue of $653 million, the company's actual EPS of $0.09 was earned on the back of revenues of $678 million. Immediately following the earnings, the stock surged during both extended trading on the 5th and early trading on the 6th. As it stands, trends as of the first half (H1) of the ye ...

The artificial intelligence (AI) specialist delivered solid beat-and-raise results.Shares of Palantir Technologies (PLTR 12.97%) charged out of the gate on Tuesday, spiking as much as 13.8%. As of 11:37 a.m. ET, the stock was still up 12.1%.The catalyst that sent the artificial intelligence (AI) software and data mining specialist higher was the company's quarterly financial report and management's bullish commentary that suggested there was more to come.You can't spell "gains" without "AI"For the second qu ...

Palantir Technologies Inc. NYSE: PLTR stock is up more than 11% in pre-market trading after it released its second quarter 2024 earnings after the market closed on August 5, 2024. By any measure, this was a strong report. But will it be enough to silence critics that PLTR stock is too expensive? Palantir Technologies TodayPLTRPalantir Technologies$25.83 +1.74 (+7.22%) 52-Week Range$13.68▼$29.83P/E Ratio215.27Price Target$21.96Add to WatchlistEarnings reports frequently focus on the headline numbers, and Pal ...

Michael Vi We last discussed Palantir Technologies Inc. (NYSE:PLTR) in May, where we mentioned how the company's earnings were fueling a once-in-a-lifetime opportunity for the company. Our view is that the company is well positioned with a strong software moat and the right trends around the business to drive massive adoption of its platform and resulting profits. As we'll see throughout this article, Palantir can drive substantial shareholder returns, supported by the strength of its recent Q2 earnings ...