Paul Lew_pltr
voted
$Palantir (PLTR.US)$
Palantir's second quarter revenue outlook exceeds expectations.
Palantir Technologies Inc.'s stock price rose on Monday, surpassing the latest financial report of the software company, but these gains were wiped out in after-hours trading.
However, Palantir has raised its strong momentum for its artificial intelligence platform, called AIP, on Monday.
The software company now expects annual revenue of $26.77 billion to $26.89 billion, up from its previous forecast of $26.52 billion to $26.68 billion. Revenue for the second quarter is forecasted to be $0.649 billion to $0.653 billion, surpassing consensus expectations of $0.643 billion.
Palantir also expects full-year adjusted operating profit of $0.868 billion to $0.88 billion, compared to its previous forecast of $0.834 billion to $0.85 billion.
CEO Alex Karp said in a letter to shareholders, 'Growing parts of corporate America are increasingly turning to us, and they are more clear than ever how artificial intelligence and big language models will reshape their industries.'
These improved prospects come after Palantir exceeded expectations in the first quarter. The company reported revenue of $0.634 billion, compared to $0.525 billion in the same period last year, while analysts tracked by FactSet forecasted $0.615 billion.
Net income was 0.106 billion US dollars, earnings per share were 4 cents, compared to...
Palantir's second quarter revenue outlook exceeds expectations.
Palantir Technologies Inc.'s stock price rose on Monday, surpassing the latest financial report of the software company, but these gains were wiped out in after-hours trading.
However, Palantir has raised its strong momentum for its artificial intelligence platform, called AIP, on Monday.
The software company now expects annual revenue of $26.77 billion to $26.89 billion, up from its previous forecast of $26.52 billion to $26.68 billion. Revenue for the second quarter is forecasted to be $0.649 billion to $0.653 billion, surpassing consensus expectations of $0.643 billion.
Palantir also expects full-year adjusted operating profit of $0.868 billion to $0.88 billion, compared to its previous forecast of $0.834 billion to $0.85 billion.
CEO Alex Karp said in a letter to shareholders, 'Growing parts of corporate America are increasingly turning to us, and they are more clear than ever how artificial intelligence and big language models will reshape their industries.'
These improved prospects come after Palantir exceeded expectations in the first quarter. The company reported revenue of $0.634 billion, compared to $0.525 billion in the same period last year, while analysts tracked by FactSet forecasted $0.615 billion.
Net income was 0.106 billion US dollars, earnings per share were 4 cents, compared to...
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Paul Lew_pltr
Set a live reminder
Palantir Q1 2024 earnings conference call is scheduled for May 6 at 5:00 PM ET /May 7 at 5:00 AM SGT /May 7 at7: 00AM AEST. Subscribe to join the live earnings conference with management NOW!
Beat or Miss?
What do you expect from Palantir's Q1 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what managements have to say!
Disclaimer:
This presentation is for information and educational use only and is not a...
Beat or Miss?
What do you expect from Palantir's Q1 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what managements have to say!
Disclaimer:
This presentation is for information and educational use only and is not a...
Palantir Q1 2024 earnings conference call
May 6 16:00
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Paul Lew_pltr
liked
$Palantir (PLTR.US)$
A symmetrical triangle seems to have formed, which can be a bullish signal, in addition to the earnings this Monday, if all goes well, can push share prices. Some may say "Continuous triangle" too. Whatever the catalyst, it’s all about momentum and volume...
A symmetrical triangle seems to have formed, which can be a bullish signal, in addition to the earnings this Monday, if all goes well, can push share prices. Some may say "Continuous triangle" too. Whatever the catalyst, it’s all about momentum and volume...
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Paul Lew_pltr
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Columns Analysis on PLTR
$Palantir (PLTR.US)$
Although this may seem to be the worst time to hold growth stocks, especially technology stocks, I think Palantir (PLTR) still has a great opportunity. The market sell-off has depressed PLTR's share price ($21.75 at the time of writing), and it is currently trading at a 51% discount to its high of $45.00 a few weeks ago. The broader market sell-off created a unique opportunity to buy shares in companies with leading technology and improved financial conditions.
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Although this may seem to be the worst time to hold growth stocks, especially technology stocks, I think Palantir (PLTR) still has a great opportunity. The market sell-off has depressed PLTR's share price ($21.75 at the time of writing), and it is currently trading at a 51% discount to its high of $45.00 a few weeks ago. The broader market sell-off created a unique opportunity to buy shares in companies with leading technology and improved financial conditions.
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Paul Lew_pltr
reacted to
$Gilat Satellite Networks (GILT.US)$ I still believe as well, just bought 1200 more shares. long hold for me. This will hit $50+ next year or two. 😎🤙
$SoFi Technologies (SOFI.US)$ $Palantir (PLTR.US)$
$SoFi Technologies (SOFI.US)$ $Palantir (PLTR.US)$
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Paul Lew_pltr
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$Palantir (PLTR.US)$ just because ark invest reduced their stock in PLTR, all so scared. Do some research in this company on why your conviction should be based off their growing presence contracts, developments and more. rather than the short sighted swing trades.
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Paul Lew_pltr
reacted to and commented on
$Palantir (PLTR.US)$
My position is 1000 shares. 80% of my portfolio. In for the long run with $Palantir (PLTR.US)$
Who knows US government might just acquire it. HAHAHA
My position is 1000 shares. 80% of my portfolio. In for the long run with $Palantir (PLTR.US)$
Who knows US government might just acquire it. HAHAHA
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Paul Lew_pltr
commented on
$Palantir (PLTR.US)$ This stock opened lower than the stock on Tuesday. The K-line that stopped at the end was Shooting Star. I'll set the reserve price at around 20 per share
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