From Nasdaq: 2025-05-06 10:17:00

Palantir Technologies Inc. (NASDAQ: PLTR) had a strong earnings report, beating revenue expectations and raising full-year guidance. Despite this, the stock dropped over 9%, possibly due to its high P/E ratio of over 600x.

Palantir reported revenue of $883 million, with a 39% year-over-year increase, and raised its full-year revenue guidance to $3.9 billion. Government revenue saw a 45% increase, with notable contracts from ICE and the IRS.

Analysts are questioning Palantir’s future earnings growth, leading to investor profit-taking. The stock’s volatility may continue, but long-term investors should focus on the company’s potential growth and ignore short-term fluctuations.

One analyst raised Palantir’s price target to $140, predicting a one-trillion market cap within the next few years. Despite the stock’s volatility, long-term investors may see significant growth potential.



Read more at Nasdaq:: Palantir Stock Drops Despite Stellar Earnings: What’s Next?