Palantir Technologies (NYSE: PLTR) is making headlines again as it reports another quarter of explosive growth, but is the rally sustainable?
For Q1 202, Palantir posted a 39% year-over-year revenue jump to $884 million, with U.S. revenue soaring 55% and U.S. commercial revenue up a staggering 71% to surpass a $1 billion annual run rate The company’s GAAP net income hit $214 million, a 24% margin, and adjusted EPS landed at $0.13-both beating Wall Street’s expectations Palantir also raised its full-year guidance, now projecting total revenue growth of 36% and U.S. commercial revenue growth of 68% for 2025
CEO Alex Karp credits the “tectonic shift” in software adoption and Palantir’s AI-driven enterprise solutions for the surge, while the company closed 139 deals worth at least $1 million each last quarter However, after a 340% stock rally last year and a recent 30% pullback, volatility remains high as investors weigh Palantir’s reliance on government contracts and the evolving AI landscape
Will Palantir’s momentum continue, or is the stock set for another swing? The next earnings call could hold the answer.
