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Labrish
Nyuuz
Palantir Smashes Q1 But Shares Take a Hit
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[QUOTE="Munyaradzi Mafaro, post: 37078, member: 636"] Palantir shares fell 9 percent despite great earnings. The AI company posted 39 percent growth with $883.9 million in revenue, beating what experts expected. They set a record $810 million in business deals, growing 183 percent from last year. Their government side also did well with 139 deals worth over $1 million each. They struggled only with international business, which shrank 5 percent. Wall Street analysts remain excited about Palantir's future. Goldman Sachs called them well-positioned because more companies want AI systems. Mizuho raised concerns about the high stock price, currently 60 times expected 2026 revenue. Wedbush believes Palantir might reach a trillion-dollar value within three years. Jeffries praised their increased yearly outlook but worried about overvalued shares. William Blair expects slower growth later this year with shares staying near current prices. [/QUOTE]
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Nyuuz
Palantir Smashes Q1 But Shares Take a Hit
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