Palantir Shares Surge to All-Time High as Growth, Outlook Upstages Competitors
The stock climbed 25% to $104.98 after touching a record high of $106.91 on Tuesday morning, making it the best performer on the S&P 500 and Nasdaq 100. The shares are on pace for their largest percentage increase in a year, and the stock has seen an almost five-fold increase in price in the last 52 weeks.
Shares of Palantir Technologies ( PLTR 26.31%) charged out of the gate on Tuesday, spiking as much as 27.7%. As of 10:59 a.m.
The company’s commercial revenue increased 64% in the quarter while U.S. government sales rose 45%. But if Wall Street analysts are right, the stock is 26% too high.
Palantir's U.S. commercial revenue surged 64% YoY, driven by AIP technology, but faces intensifying competition and high ...
Palantir Technologies shares hit a record high as the company benefited from demand for its artificial intelligence software. U.S. equities were higher at midday, boosted by tech shares. The Nasdaq ...
Raymond James analyst Brian Gesuale maintained a Hold rating on Palantir Technologies (PLTR – Research Report) today. The company’s shares ...
Despite high valuation concerns, Palantir Technologies Inc.'s strong Q4 earnings and growth potential support holding the stock. Click for our PLTR update.
Palantir Technologies stock climbs after strong Q4 results, analysts raise forecasts on the company's ability to lead the AI revolution.
Palantir executives welcomed the advent of low-cost artificial intelligence. Other software stocks could also see benefits ...
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