Palantir Q2: Strong Execution In U.S. Commercial Business
PLTRPalantir Technologies(PLTR) Seeking Alpha·2024-08-06 11:38

Michael Vi I gave Palantir's (NYSE:PLTR) a 'Buy' rating in my previous coverage published in May 2024, highlighting their AIP growth potential in commercial markets. The company released its Q2 result on August 5th after the bell along with a guidance raise. I believe Palantir will benefit from the adoption of AI and large language models among enterprise customers. I reiterate a 'Buy' rating with a fair value of $32 per share. Strong Execution in US Commercial My biggest takeaway from the quarter is the st ...