The Latest Breaking News from Palantir

Why Palantir May Rally 27% From This Bullish Pattern

Palantir Technologies Inc (NYSE: PLTR) was spiking more than 6% higher on Thursday, attempting to break up from a bull flag pattern on the daily chart.

Benzinga · May 19, 2022

Why Palantir Technologies Shares Are Falling Today

Shares of several companies in the broader tech sector, including Palantir Technologies Inc (NYSE: PLTR), are trading lower amid overall market weakness as stocks fall following weak retail earnings this week.

Benzinga · May 18, 2022

Should You Buy the Dip in Palantir?

Shares of leading software platform Palantir Technologies (PLTR) have recently dropped after reporting its Q1 earnings report. However, over the past five days the stock has rallied somewhat, thanks to new government contracts signed by the company. Given its negative profit margins and rich valuation, will the stock be able…

StockNews.com · May 13, 2022

Here's Why Palantir Looks Set To Bounce

Palantir Technologies, Inc (NYSE: PLTR) fell to a new all-time low of $7.32 on Monday after printing mixed first-quarter financial results and guiding its second-quarter revenue below analyst

Benzinga · May 9, 2022

Palantir Misses Earnings In Consecutive Quarters, Lags on Q2 Outlook

Palantir Technologies Inc (NYSE:PLTR) reported first-quarter FY22 revenue growth of 31% year-on-year to $446 million, beating the consensus of $443.4 million. Revenue Drivers: Commercial revenue grew 54% Y/Y. U.S. commercial revenue rose 136% Y/Y. Palantir customer count grew 86% Y/Y. Government revenue grew 16% Y/Y. Margins: The adjusted operating margin contracted 800 bps to 26%…

Benzinga · May 9, 2022

Why Palantir Technologies Shares Are Diving

Palantir Technologies Inc (NYSE: PLTR) shares are trading lower by 13.61% at $8.19 after the company said it expects second-quarter revenue below analyst estimates.

Benzinga · May 9, 2022

Palantir Wins $13M Contract From Longtime Partner UK Defense Ministry

Palantir Technologies Inc (NYSE:PLTR) bagged a £10 million ($12.5 million) 12-month contract with the U.K. Ministry of Defense, Bloomberg reports. Palantir will support U.K. Defense Ministry's Foundry platform, which lets users cut costs by automating work and reducing data-processing time. Co-founded by billionaire Peter Thiel and Alex Karp, the data analytics company…

Benzinga · May 6, 2022

Former UK NHS AI Head Joins Palantir; Could Trigger Clash Of Interests

Palantir Technologies Inc (NYSE:PLTR) engaged the former head of artificial intelligence at the digital wing of Britain’s National Health Service as it looks to sign a lucrative new contract with the U.K. government, Bloomberg reports. Indra Joshi quit as director of AI for NHSX in March, saying it was “time to take…

Benzinga · Apr 21, 2022

Why Palantir Stock Looks Set To March Toward $16

Palantir Technologies, Inc (NYSE: PLTR) was trading slightly lower on Wednesday afternoon after a volume pop in the morning took the stock temporarily up over Tuesday’s high-of-day.

Benzinga · Mar 30, 2022

Beware of These 3 Overvalued SaaS Stocks: Palantir, Smartsheet, and UiPath

Due to rising inflation, the Fed’s tightening monetary policy, slowing economic growth, and geopolitical strife in Europe, technology stocks are expected to remain under pressure. Thus, we think overvalued SaaS stocks Palantir (PLTR), UiPath (PATH), and Smartsheet (SMAR) are best avoided now, given their weak fundamentals and growth prospects.

StockNews.com · Mar 18, 2022