Palantir Technologies Inc Stock News

Since the start of 2023, no trend has been responsible for triggering investor excitement quite like artificial intelligence (AI). Giving software and systems the capacity to reason and act autonomously, as well as dangling the ability for machines to evolve over time, gives this technology a mouthwatering ceiling -- and Wall Street has taken notice.

Palantir generated $1.25 billion in free cash flow in FY24, with a 44% FCF margin and 29% revenue growth. U.S. commercial revenue surged 54% in FY24, driven by AIP bootcamps and scalable, production-grade AI deployments. Palantir trades at a 59.8x revenue multiple, far above the SaaS median of 3.89x, reflecting its platform premium.

Investors may object to the current valuation of Palantir Technologies Inc. NASDAQ: PLTR stock. But they can't say that there's no news to support bullish sentiment.

Palantir Technologies is proving skeptics wrong with accelerating commercial traction, deepened government ties, and strong financial performance, including $1.25B in free cash flow. Q4 earnings validated our bullish thesis with 36% YoY revenue growth and 64% YoY U.S. commercial revenue surge, highlighting successful expansion beyond government contracts. Palantir's AI-driven platforms like Got...

Palantir Technologies (PLTR -1.53%) has been one of the top-performing artificial intelligence (AI) stocks in the market. It's up nearly 400% since the start of 2024 and is actually up around 10% for the year despite tumbling around 30% from its all-time high established in mid-February.

Palantir's business is breaking the fundamental barrier as its Rule of 40 score reaches 81%. Growth acceleration, margin expansion, and record customer deals are driving Palantir stock to new heights. However, the stock may have gotten ahead of its fundamentals, leading to valuation multiples ballooning to unsustainable levels.

Shares of Palantir Technologies Inc. (NASDAQ: PLTR) fell by -3% in a.m.

Arm Holdings PLC (NASDAQ:ARM) and  Palantir Technologies Inc  (NASDAQ:PLTR) shares are tumbling amid a broader market selloff.