Palantir Technologies Inc Stock News

DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE: PLTR) held its first Developer Conference, DevCon, November 13th-14th, 2024. This exclusive conference brought together 150 of the most ambitious commercial and government builders and technical leaders for two days of product launches, hands-on development, and competition. This event marked the public launch of new AIP for Developers ...

The market is often cruel to new S&P 500 members.

The change positions Palantir for entry into the Nasdaq 100 index, after it joined the S&P 500 several months back.

DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE: PLTR) today announced that it will transfer the listing of its Class A Common Stock (the “common stock”) to the Nasdaq Global Select Market (“Nasdaq”) from the New York Stock Exchange. The Company expects to begin trading as a Nasdaq-listed company on November 26, 2024 and its common stock will continue to trade under the symbol “PLTR.”...

Palantir reported a strong Q3'24 with 30% revenue growth and a significant adjusted operating margin expansion to 38%, achieving a "Rule Of" 68%. Management raised FY24 guidance to $2.805-2.809 billion in revenue and $1.054-1.058 billion in adjusted operating margin, with a 38% margin at the midpoint. Palantir continues to drive large deals through its AIP bootcamps, closing 104 deals each valu...

It's full speed ahead for these two growth stocks.

Palantir's price has far exceeded every analyst's target.

Palantir's strong revenue growth, particularly in the US government and commercial segments, supports the scalable AI solution thesis, with 2024 guidance slightly above estimates. The company's AI applications demonstrate real-world utility, reducing manpower and processing times significantly, which enhances decision-making and operational efficiency. Despite the impressive performance, Palant...