Palantir Technologies (NASDAQ:PLTR) has been a standout success in the AI sector, with its shares surging 416% over the past year. Despite delivering another robust earnings report, the stock dropped 12% post-earnings. Revenue reached $883.9 million, up 39% year-over-year, surpassing expectations. The U.S. commercial segment achieved an annual run rate of $1 billion, reflecting 71% year-over-year growth. Total contract value (TCV) in the U.S. commercial segment increased by 183% to $810 million. Palantir also raised its FY25 revenue guidance to between $3.890 billion and $3.902 billion, above Wall Street estimates. However, concerns about slower international growth and lofty valuation contributed to the sell-off. The international commercial segment saw a 5% decline in revenue, falling short of forecasts. Wedbush analyst Daniel Ives remains bullish, viewing Palantir as a generational tech name with potential for significant market cap growth. Despite this, the stock holds a Hold consensus rating from analysts, with an average price target suggesting a potential 11% decline. — new from TipRanks
