Palantir Technologies ( (PLTR) ) has shared an update.
On February 3, 2025, Palantir Technologies reported a significant revenue growth of 36% year-over-year for Q4 2024, with U.S. revenue increasing by 52%. The company highlighted its strong position in the AI sector and announced its FY 2025 revenue guidance of 31% growth, surpassing consensus estimates. Key achievements included closing 129 deals worth at least $1 million and achieving a record $803 million in U.S. commercial total contract value. The company also reported a GAAP net income of $79 million and adjusted free cash flow of $517 million for the quarter, indicating robust financial health and operational efficiency.
More about Palantir Technologies
Palantir Technologies Inc. is a company that operates in the technology industry, focusing on the development and provision of software platforms, primarily for data analytics and artificial intelligence applications. It serves both commercial and government sectors, with a significant presence in the United States market.
YTD Price Performance: 9.71%
Average Trading Volume: 83,924,026
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $187.9B
For a thorough assessment of PLTR stock, go to TipRanks’ Stock Analysis page.