Latest news with #ArtificialIntelligencePlatform
Time of India
5 hours ago
- Business
- Time of India
Palantir's AI platform sends revenue soaring 71% as commercial contracts break $1 billion run rate barrier
Palantir Technologies is causing ripples with its Artificial Intelligence Platform (AIP), leading to a huge surge in commercial revenue, as per a report. In the first quarter of 2025, the company posted its US commercial revenue increase of 71% year over year and 19% sequentially, taking its annual revenue run rate to more than the $1 billion threshold for the first time, according to Zacks Equity Research. Palantir's AI Platform Sparks Major Revenue Growth This surge is driven by increasing adoption of Palantir's AIP, which enables enterprises to implement powerful AI-driven workflows quickly, drastically reducing time-to-value and highlighting AIP's usability, reported Zacks. The platform's influence is evident as the contract value for this segment grew 239% versus last year, with deal sizes increasing more than double the number of $1 million contracts closed compared to last year, reported Zacks. AIP Bootcamps Palantir is also impressing customers with its AIP bootcamps, which are brief, intense training sessions that enable clients to implement the technology quickly and efficiently, as per the report. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Esse novo alarme com câmera é quase gratuito em Lajeado (consulte o preço) Alarmes Undo ALSO READ: Sticker shock: How U.S. grocery bills stack up against Mexico, Canada, and China in surprising price reveal Big Wins High-profile clients such as Walgreens and AIG are already seeing the rewards. Walgreens introduced AI-driven workflows to 4,000 stores within eight months, and AIG anticipates doubling its growth rate within five years due to Palantir's technology, as per Zacks report. While, AIG's big healthcare clients signed a $26 million, five-year contract just five weeks after piloting the platform, according to the report. Live Events Standing Out While other technology titans like Google, Microsoft, and Salesforce are working on AI model building and customer-confronting tools, Palantir is finding a niche in fuelling high-stakes operational decisions in areas like defence and healthcare, as per Zacks. Stock Market Response Even Palantir's stock has risen by 74% year to date, significantly outperforming the industry's 7.6% rally, reported Zacks. FAQs What is driving Palantir's recent revenue growth ? The rapid adoption of their Artificial Intelligence Platform (AIP), which helps companies deploy AI workflows quickly and efficiently, as per the report. How fast is Palantir's AI platform growing? Palantir's US commercial revenue grew 71% year over year in Q1 2025, pushing their annual revenue run rate over $1 billion, as per Zacks report.
Yahoo
a day ago
- Business
- Yahoo
Palantir's AIP Platform Sees Soaring Adoption Across Enterprises
Big data and AI specialist Palantir Technologies PLTR is gaining significant momentum with its Artificial Intelligence Platform (AIP), which is quickly emerging as the company's most powerful enterprise growth engine. AIP adoption is snowballing, pushing U.S. commercial revenue up 71% year over year and 19% sequentially in the first quarter of 2025, breaking the $1 billion annual run rate barrier for the first time. Total contract value in this segment skyrocketed 239% YoY, with deal sizes proliferating, more than double the number of $1 million contracts closed compared to last year. The company's AIP bootcamps, short, intensive training programs designed to help clients implement the platform, have surged in popularity. These sessions are enabling customers to deploy production-grade AI workflows quickly, drastically reducing time-to-value and highlighting AIP's usability. Palantir's AIP is enabling enterprises to deploy autonomous AI agents that drastically compress decision timelines and increase productivity not by percentages, but by multiples. Recently, Walgreens deployed AI-powered workflows to 4,000 stores in just eight months. AIG expects to double its five-year CAGR thanks to Palantir-driven technology, and a major healthcare client converted to a five-year, $26 million agreement just five weeks after a trial. While the market obsesses over AI model development, PLTR is dominating the demand side, delivering enterprise-ready solutions that generate quantified exceptionalism from day one. The U.S. commercial business now seems to be the company's most dynamic growth engine, and AIP is the accelerant. Alphabet's GOOGL Google, Microsoft MSFT, and Salesforce CRM are rapidly advancing generative AI. Microsoft integrates AI in Office via Copilot and expands Azure's AI. Google embeds AI in Workspace and enhances Vertex AI. Salesforce incorporates AI across its CRM, especially through Einstein Copilot and Data Cloud. Microsoft is also focusing on AI governance, while Google is strengthening AI security. Salesforce further refines dynamic customer experiences. Yet, Palantir stands apart, excelling in secure, high-stakes domains like defense and healthcare. Unlike Salesforce and Google's customer-facing tools, or Microsoft's broader approach, Palantir's AIP uniquely powers core operational decisions in ways Salesforce, Microsoft and Google have yet to match. The stock has surged a whopping 74% year to date, significantly outperforming the industry's 7.6% rally. Image Source: Zacks Investment Research From a valuation standpoint, PLTR trades at a forward price-to-sales ratio of 70.99, well above the industry's 5.44. It carries a Value Score of F. Image Source: Zacks Investment Research The Zacks Consensus Estimate for PLTR's earnings has been on the rise over the past 30 days. Image Source: Zacks Investment Research PLTR stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Salesforce Inc. (CRM) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Palantir Technologies Inc. (PLTR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Miami Herald
4 days ago
- Business
- Miami Herald
Palantir's stock price surges on AI news, gamma squeeze
It's becoming increasingly difficult to find websites that don't integrate an artificial intelligence chatbot. You open a site, and here is "Kira" (or whatever name you've chosen) asking you how she should address you. Personally, I find that to be very annoying. But that is the trend. Apparently, your company isn't serious enough or big enough if it doesn't have one. Don't miss the move: Subscribe to TheStreet's free daily newsletter Companies pushing AI just for the sake of having it is silly, but there are legitimate uses where AI doesn't end up just being a nuisance. Banks, pharmaceutical companies, retailers, and the U.S. military all use AI, and hopefully, most of them do it better than UnitedHealthcare. Seemingly every company is working on AI chatbots or agentic AI programs that simplify processes (and could replace human jobs). That's been a boon for AI stocks, including Palantir, which has seen its stock price soar 74% in 2025, including a 8% jump on May 30. Fannie Mae has more than $4.3 trillion in assets and plays a foundational role in the U.S. housing market. According to the company, it is the country's largest holder of residential mortgage debt outstanding, owning or guaranteeing an estimated one in four single-family mortgages and 20 percent of multifamily mortgages in the U.S. Related: Veteran trader makes bold move with Palantir, Rocket Lab and SoFi On May 28, the company announced the launch of its AI-powered crime detection unit in partnership with Palantir. The deal expands Fannie Mae's fraud detection capabilities with a new AI-enabled platform that the company believes will help detect and prevent mortgage fraud, potentially saving the U.S. housing market millions of dollars in future losses. "This partnership with Fannie Mae will set off a revolution in how we combat mortgage fraud in this country," said Alex Karp, co-founder and chief executive officer of Palantir. "We are bringing the fight directly to anyone who attempts to defraud our mortgage system and exploit hardworking Americans." But this deal wasn't the only reason behind Palantir's stock price jumping. In March, President Trump signed an executive order calling for the federal government to share data across agencies. Related: Palantir gets great news from the Pentagon In the past few months, Palantir has been granted more work across the federal government, a signal that it may benefit from that order. The use of Palantir isn't surprising. Palantir's roots trace back to developing solutions to secure sensitive government data, and the US government remains a significant driver of the company's revenue. In Q1, governments, including the U.S., contributed $373 million to the company's $884 million in sales. Palantir's government revenue was up 45% year over year in the quarter. Much of that growth is due to the demand for Palantir's Foundry, a data analytics platform, and its AIP (Artificial Intelligence Platform), which enables clients to use AI, including large language models (LLMs) and AI agents, within private networks. More Palantir Palantir gets great news from the PentagonWall Street veteran doubles down on PalantirPalantir bull sends message after CEO joins Trump for Saudi visit In May, the Department of Health and Human Services selected Palantir for its 5-year "Solutioning with Holistic Analytics Restructured for the Enterprise (SHARE)" blanket Purchase Agreement (BPA), valued at $90 million. The New York Times reported this week that Palantir is negotiating with at least two other agencies - the Social Security Administration and the Internal Revenue Service - about buying its technology. Meanwhile, TheStreet's Samuel O'Brient reports the Pentagon is significantly increasing the budget for Palantir's Maven Smart System to $1.3 billion over the next four years, a roughly $795 million increase. The prospect of additional Federal deals has emboldened investors. Retail investors and traders "are buying massive amounts" of call options, said longtime investor Don Kaufman during a recent appearance on Schwab Network, reported the InsiderMonkey. The jump in call activity is causing a 'gamma squeeze,' forcing market makers to buy the underlying shares in Palantir as protection to hedge their risk. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
5 days ago
- Business
- Yahoo
Top S&P 500 Opportunities: 3 Stocks with Significant Growth Potential
Palantir has some of the best growth opportunities of any S&P 500 company. Broadcom has a huge opportunity with custom artificial intelligence (AI) chips. AI inference could be a game changer for AMD. 10 stocks we like better than Palantir Technologies › The has a long track record of success despite most individual stocks underperforming. In fact, according to a J.P. Morgan study, between 1980 and 2020, two-thirds of stocks in the Russell 3000 index, which consists of the 3,000 largest U.S.-traded companies, underperformed the S&P 500 during that span, while 40% had negative returns. So what's the secret behind the S&P 500's success? One of the biggest factors behind its strong performance is that it is a market capitalization (market cap) index that lets its winners run. Ultimately, it is these megawinner growth companies that help power its returns. Let's look at three S&P 500 companies with significant growth potential. Added to the S&P 500 last year, Palantir Technologies (NASDAQ: PLTR) has some of the best growth potential of any company. The data gathering and analytics company saw strong, accelerating revenue growth over the past year, and both the U.S. government and commercial customers embrace its Artificial Intelligence Platform (AIP). While much of the focus on AI has been creating ever-better AI models, Palantir instead focused on the workflow and application software layers of AI to create an orchestration platform that can harness the power of AI models to help solve real-world problems. It does this by collecting data from disparate sources and structuring it into an "ontology" that then maps that data to real-world objects and processes. It has recently introduced AI agents within its platform that help automate decisions and drive action. Its solutions are being embraced across industries, including hospital operators, pipeline companies, insurance companies, and telecom companies. The breadth of problems to which Palantir's solutions can be applied is absolutely massive, and why the stock has the potential to eventually become a huge winner. The biggest risk to the stock fulfilling its potential is its high valuation and any impact on its business from reduced government spending. Previously a sleepy chip and networking giant, Broadcom (NASDAQ: AVGO) has some huge growth potential. The company's hardware and software businesses could both see some strong growth over the coming years. On the software side, Broadcom is looking to transform the business model of its recent acquisition, VMware. Since acquiring the virtualization and cloud computing solutions company in November 2023, it streamlined its operations and product solutions and began transitioning customers to a subscription model. The key for its software business moving forward is its VMware Cloud Foundation (VCF) platform, which lets customers manage workloads across public clouds and their own on-premise data centers. With enterprises starting to turn to AI hybrid solutions, Broadcom is nicely positioned to upsell its customers to VCF. On the hardware side, Broadcom makes components for a variety of markets, but its biggest opportunities are in networking and ASICs (application-specific integrated circuits). On the networking side, its components, such as Ethernet switches and network interface cards (NICs), are vital in managing the flow of data and distributing AI workloads across servers to make sure resources are being used best. However, it is the company's custom AI chip business that holds the most potential. Custom AI chips can outperform and use less power than mass-market graphics processing units (GPUs) for the specific tasks for which they are designed. Alphabet was its first customer, and its success has led to it winning additional customers. Broadcom sees a $60 billion to $90 billion serviceable market opportunity in its fiscal year 2027 (ending October 2027) with its three furthest-along customers; however, it has added more, including Apple. This is a huge opportunity for a company that generated $51.6 billion in revenue in fiscal year 2024. The biggest risk to the stock would be a slowdown in AI infrastructure spending. While a distant No. 2 player to Nvidia in the GPU market, Advanced Micro Devices (NASDAQ: AMD) has the potential to be another huge AI infrastructure winner. The company carved out a strong place in the data center market with its central processing units (CPUs), which act as the brain of a server, while GPUs provide the power. The market isn't as large as the GPU market, but it is still a big and growing one, and AMD has been taking market share. However, its biggest opportunity could be with AI inference. While Nvidia's GPUs have been the preferred chips to help train AI models, AMD has been able to carve out a nice niche in the inference space. On its last earnings call, AMD boasted that one of the largest AI model companies was now using its GPUs to process a significant percentage of its daily inference traffic. This is important because eventually, the AI inference market is expected to become much larger than the AI training market. With the company having established itself in this market and its GPUs much cheaper than those of Nvidia, it has a real opportunity to take some share in what could be a huge, growing market over the next few years. The biggest risk to AMD's stock would also be a slowdown in AI infrastructure spending, as well as it always being an afterthought to Nvidia. Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Palantir Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,389!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $830,492!* Now, it's worth noting Stock Advisor's total average return is 982% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Geoffrey Seiler has positions in Alphabet. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Apple, Nvidia, and Palantir Technologies. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy. Top S&P 500 Opportunities: 3 Stocks with Significant Growth Potential was originally published by The Motley Fool
Yahoo
5 days ago
- Business
- Yahoo
Strong Results Boosted Palantir Technologies' (PLTR) Performance in Q1
Fred Alger Management, an investment management company, released its 'Alger Mid Cap Focus Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q1 2025, U.S. equities faced increased volatility due to shifting fiscal, monetary, and trade policies. The rise of advanced AI models from China, which matched U.S. capabilities at lower costs, intensified this uncertainty. As a result, investors reevaluated the high capital expenditures of U.S. tech firms, leading to a sell-off in AI stocks and concerns over domestic AI returns. Against this backdrop, Class A shares of the Fund underperformed the Russell Midcap Growth in the quarter. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Alger Mid Cap Focus Fund highlighted stocks such as Palantir Technologies Inc. (NASDAQ:PLTR). Palantir Technologies Inc. (NASDAQ:PLTR) develops and deploys software platforms for the intelligence community. The one-month return of Palantir Technologies Inc. (NASDAQ:PLTR) was 6.51%, and its shares gained 469.54% of their value over the last 52 weeks. On May 28, 2025, Palantir Technologies Inc. (NASDAQ:PLTR) stock closed at $123.76 per share, with a market capitalization of $292.062 billion. Alger Mid Cap Focus Fund stated the following regarding Palantir Technologies Inc. (NASDAQ:PLTR) in its Q1 2025 investor letter: Palantir Technologies Inc. (NASDAQ:PLTR) builds advanced platforms for data integration, management, and security, enabling interactive, AI assisted analysis for its users. Its core offerings include Palantir Gotham, designed for government clients, and Palantir Foundry, tailored for commercial customers. Originally focused on U.S. intelligence agencies, Palantir has expanded into defense contracts with western governments and entered the commercial market in 2016. During the quarter, the company reported strong fiscal fourth-quarter results, with revenues surpassing analyst estimates due to heightened demand from both U.S. commercial and government clients. Management also raised its fiscal 2025 revenue outlook, citing robust demand in its Artificial Intelligence Platform (AIP), which continues to gain adoption across various industries. Collectively, these developments drove a notable rise in Palantir's share price, positively contributing to performance during the quarter. A software engineer manipulating a vast network of code on virtual monitors. Palantir Technologies Inc. (NASDAQ:PLTR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 77 hedge fund portfolios held Palantir Technologies Inc. (NASDAQ:PLTR) at the end of the first quarter, which was 64 in the previous quarter. While we acknowledge the potential of Palantir Technologies Inc. (NASDAQ:PLTR) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Palantir Technologies Inc. (NASDAQ:PLTR) and shared the list of AI stocks on Wall Street's radar. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
