
Palantir Technologies (PLTR) Stock Forecast & Price Target
Palantir Technologies (PLTR) Analyst Ratings
Bulls say
Palantir Technologies reported strong financial performance, with a 7% increase in remaining performance obligations (RPO) quarter-over-quarter, bolstered by impressive growth in U.S. commercial revenue, which soared to a $1.6 billion run-rate, reflecting 121% year-over-year growth. The company achieved a record EBIT margin of 51% in Q2, up from 46% in the previous quarter, driven by gross margins reaching 83.8% and a reduction in operating expense intensity. Additionally, net revenue retention improved to 134%, indicating robust customer expansion and upselling success attributed to Palantir's Advanced Intelligence Platform (AIP).
Bears say
Palantir Technologies has exhibited a decline in key performance metrics, with net additions to clients decreasing from 80 to 62 quarter-over-quarter, despite revenue growth. The company's international revenue also dropped to 25% in the latest quarter, down from 27% in the previous quarter and 31% a year prior, indicating stagnant performance outside the U.S. Additionally, significant concerns exist regarding the sustainability of its financial model, as commercial growth has slowed and the company faces fierce competition in a niche market, complicating its ability to achieve previously set aspirational revenue growth targets.
This aggregate rating is based on analysts' research of Palantir Technologies and is not a guaranteed prediction by Public.com or investment advice.
Palantir Technologies (PLTR) Analyst Forecast & Price Prediction
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