 See the tool changing how stocks are found — foreverAI is reshaping the market. See how Tom Gardner’s new $1M AI system recs stocks – and how to access his AI Playbook.
|
Palantir (SYM: PLTR) is now up 76% and is continuing its remarkable 2025 rally.
And it could push even higher – especially with its work with the U.S. government.
Helping, Palantir Earnings Have Been Solid
The company posted first-quarter revenue of $884 million, which was above analyst expectations of $863 million.
Its EPS of 13 cents per share was in line with expectations. Management also raised its full-year 2025 revenue guidance to a range of $3.89 billion to $3.902 billion, with adjusted income from operations expected to be between $1.711 billion and $1.723 billion. Adjusted free cash flow guidance was raised to a new range of between $1.6 billion and $1.8 billion.
Two, Analysts at Wedbush Just Raised Their Price Target by $20
Analysts at Citi also raised its price target on Palantir to $115 from $110 with a neutral rating. According to the firm, Palantir delivered a “strong beat/raise” and its “robust results further solidifies” its role with artificial intelligence.
Wedbush analyst Dan Ives has growing confidence in the stock.
The firm just raised its price target to $140 from $120, noting that PLTR’s results and raised guidance give the firm “great confidence” in Palantir’s growth story.
“Palantir remains one of our top names to own in 2025 and this deal represents another opportunity for PLTR to capitalize on while continuing to generate unprecedented traction for its entire portfolio across in the federal and commercial landscapes,” said Wedbush after Palantir was awarded a $795 million U.S. Army modification to contract for Maven Smart System software licenses.
Three, CEO Alex Carp Says Palantir is on Fire
“Palantir is on fire,” says CEO Alex Karp.
“We are in the middle of a tectonic shift in the adoption of our software, particularly in the U.S. where our revenue soared 55% year-over-year, while our U.S. commercial revenue expanded 71% year-over-year in the first quarter to surpass a one-billion-dollar annual run rate,” he added.
