Latest news with #PalantirTechnologies
Yahoo
6 hours ago
- Business
- Yahoo
Up 498% in the Past Year, Is It Too Late to Buy Palantir Stock?
Palantir Technologies (PLTR) cemented its place among America's tech royalty after jumping over 498% in the past 12 months alone and most recently overtaking blue-chip giants Procter & Gamble (PG) and Home Depot (HD) in market value. Led by historic government contracts and skyrocketing demand for its artificial intelligence-driven technology, the firm now exceeds over $375 billion in valuation and ranks among the top-20 most valuable publicly traded U.S. companies. The rally reflects investor confidence in the long-term health of Palantir's AI advantage in the defense and public spaces. Its Q1 report reinforced the optimism, with revenue from the U.S. government surging 45% year-over-year to $373 million. More News from Barchart Morgan Stanley Says Nvidia Has 'Exceptional' Strength. Should You Buy NVDA Stock Here? Dear MicroStrategy Stock Fans, Mark Your Calendars for July 31 2 Growth Stocks Wall Street Predicts Will Soar 74% to 159% Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Now, looking out to its next report on Aug. 4, the Street is looking to see if Palantir's remarkable breakout continues. About Palantir Stock Palantir Technologies (PLTR) is a leading developer of data analytics and AI software platforms. Its solutions support the U.S. and allied governments and commercial businesses in the defense, healthcare, energy, and financial services industries. The Denver, Colorado-headquartered company was founded in 2003 by Peter Thiel and Alex Karp. Over the past 52 weeks, shares of PLTR have risen from the lowest point of $21.23 to the all-time high of $160.89, set on July 31, an almost 500% surge in 12 months. The stock has doubled over the year to date. That outperformance comes at a cost. Palantir has a forward price-earnings ratio of 426.89x and trailing P/E of 1,302x. Its price-sales ratio is a mind-boggling 128.67x, and its price-book ratio is 66.8x. Those figures are far higher than industry multiples. Bull argue that the premium is justified given its dominance in the world of AI, but bears note the valuation presumes years of flawless execution ahead. Palantir Wins on Earnings as Government Revenue Grows Palantir's latest quarterly report shattered estimates. The firm's Q1 revenue reached $884 million and rose 39% year over year while net income reached $214 million. Revenue from the U.S. alone jumped 45%, and once again confirmed the ascendancy of Palantir in the field of national security and defense deployments. Entering Q2, Street revenue and EPS estimates stand at $939.3 million and $0.14, implying 38% and 54% year-over-year growth, respectively. These figures, should they come to pass, would further solidify Palantir's position as among the fastest-growing vendors in the market for AI infrastructure. Palantir will report its Q2 results on Aug. 4. Investors should watch for further updates on its commercial business growth, international expansion, new customer additions, and renewed, multi-year government contracts. What Do Analysts Expect for Palantir Stock? The consensus rating of Palantir stands at 'Hold,' with 21 analysts covering the stock. Its consensus price target is $110.72, which suggests the possibility of a decline of approximately 30% from the current levels of about $158. Although the top estimate remains at $170, the lowest target reduces to only $40, highlighting the valuation debate present over Palantir. Palantir's long-term success is dependent on sustained hypergrowth while defending its moat in the commercial and governmental sectors. A successful Q2 report would require analysts to revise their targets higher, but any missteps could trigger a selloff in PLTR. On the date of publication, Yiannis Zourmpanos had a position in: PLTR. All information and data in this article is solely for informational purposes. This article was originally published on 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
RTÉ News
6 hours ago
- Politics
- RTÉ News
Stephenson defends party decision to end Hayes' suspension
Social Democrats Senator Patricia Stephenson has defended her party leadership's decision to end Eoin Hayes TD's suspension over his previous shares in a US tech firm with Israeli defence forces contracts. Speaking to reporters after attending the Oireachtas Foreign Affairs Committee's Occupied Territories Bill report launch, Senator Stephenson also said she does not believe any Social Democrats TD or senator will quit the party over the controversy. Last Friday evening, first-time TD for Dublin Bay South Eoin Hayes was re-admitted to the Social Democrats after a near eight-month suspension. Deputy Hayes had been suspended weeks after last November's general election, and before the new Dáil had even sat, due to revelations he provided incorrect information to the media about the sale of shares in his former employer Palantir Technologies. However, he was last week re-admitted to the party, with Social Democrats deputy leader Cian O' Callaghan saying he believed Deputy Hayes "should be given a second chance". Yesterday, Deputy O'Callaghan's administrative assistant quit the party over the decision. Asked during a press conference on the Occupied Territories Bill report about the decision to re-admit Deputy Hayes to the Social Democrats, party senator Patricia Stephenson initially declined to comment, saying she would speak with the media after the event. After the event, the Social Democrats foreign affairs spokesperson said when asked if she is happy with the decision to re-admit Deputy Hayes: "I think the way Cian O'Callaghan handled that was very well and strong, and I fully support Cian O'Callaghan in his decision making." She responded to questions over whether she believes other party members may leave over the issue by saying: "I don't believe the parliamentary party members will leave and I can't speak for voters, because obviously there's a lot of divergence of views." Senator Stephenson had earlier told journalists that Deputy Hayes had made a mistake, broken people's trust and had to re-build that trust in the coming period.
Yahoo
10 hours ago
- Business
- Yahoo
Prediction: Palantir's Stock Will Do This After Aug. 4
Key Points Palantir is seeing growth on both the commercial and government sides of its business. Palantir's valuation has reached levels that few stocks ever achieve. 10 stocks we like better than Palantir Technologies › Palantir Technologies (NASDAQ: PLTR) has an important event coming up on Aug. 4: its quarterly earnings. These updates are a huge deal, as they are one of four times a year when investors receive detailed updates directly from the company on its financial performance. It could be argued that this is the only information that should move stocks, besides a handful of other breaking news announcements surrounding a business. Palantir has incredibly high expectations heading into the report. But will its results be enough to satisfy investors? Palantir is seeing strength in multiple areas Palantir's software integrates data analytics with AI. This isn't a new concept; Palantir has been doing this for over two decades. Originally, its software was intended for government use and provided its users with actionable insights after processing all data inputs. It's widely reported that Palantir even helped track down the final hiding location of Osama bin Laden. After developing significant relationships with various government clients, Palantir expanded to the commercial side, which has been a successful endeavor. Still, government revenue makes up the majority of Palantir's total, coming in at $487 million compared to $397 million in commercial revenue during Q1. However, don't assume that just because the government is a large part of Palantir's business its revenue is growing slower. In Q1, government revenue rose 45% while commercial revenue rose 33%. This mismatch has one primary factor: poor international AI adoption. Commercial AI adoption hasn't been as rapid in other areas (particularly Europe) as it has in the U.S. This is evidenced by U.S. commercial revenue increasing 71% to $255 million during Q1. In Palantir's Q2 earnings report on Aug. 4, investors should watch this trend to see if commercial AI adoption is starting to take off in areas outside the U.S. If it does, it could cause Palantir's stock to react positively. But there is one prohibiting factor that could dampen any effects of a strong quarter. Palantir's valuation is hard to justify Palantir's stock has risen dramatically over the past year and a half. The stock is up over 800% since the start of 2024; however, Q1's revenue growth was only 39%. This represents a serious mismatch between business and stock growth, so what's going on here? Palantir's stock and business have nearly uncoupled, as the stock valuation has risen to more than 125 times sales. Most stocks that achieve this valuation are doubling or tripling their revenue year over year, but Palantir is nowhere close to that. If we compare it to one of the fastest-growing companies over the past few years, Nvidia, it's clear that Palantir is not only growing much slower but also at a much higher valuation than Nvidia ever achieved. Despite Nvidia's revenue growing at a jaw-dropping 265% pace, it never traded for more than 46 times sales. Palantir expects a 38% revenue growth rate for Q2, and trades for more than 125 times sales. There's an obvious mismatch between what the business is doing and what the stock indicates that it could do. This creates a precarious situation for Palantir's stock, and it could fall dramatically after earnings if the market doesn't get what it wants. For Palantir to maintain its ultra-premium price tag, it will need to exceed internal growth expectations by several percentage points. If it doesn't, don't be surprised if the stock gets whacked. Even if it exceeds guidance, it could see a sell-off due to its premium valuation. There is no compelling argument for why Palantir's stock should be valued this high, and it's in a precarious position. While the stock may continue to rise following earnings, it will likely be due to hype, as the current expectations baked into the stock price aren't even in the same ballpark as where Palantir is as a company. Do the experts think Palantir Technologies is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Palantir Technologies make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,049% vs. just 182% for the S&P — that is beating the market by 867.25%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,629!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,098,838!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Keithen Drury has positions in Nvidia. The Motley Fool has positions in and recommends Nvidia and Palantir Technologies. The Motley Fool has a disclosure policy. Prediction: Palantir's Stock Will Do This After Aug. 4 was originally published by The Motley Fool 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
Yahoo
12 hours ago
- Business
- Yahoo
Investing in Artificial Intelligence (AI) Stocks Can Be Risky, but This Might Be a Great Way to Do It
Key Points Volatility is the price we pay for the opportunity to earn higher returns in the stock market compared to risk-free assets like cash. Artificial intelligence (AI) stocks have generally delivered spectacular returns over the last couple of years, but it isn't always smooth sailing. The iShares Future AI and Technology ETF holds 48 different AI stocks, and it might be a great option for investors seeking exposure to the sector. 10 stocks we like better than iShares Future AI & Tech ETF › Investors can earn a reliable, practically risk-free annual return of up to 5% by purchasing U.S. government bonds, or they can invest in the S&P 500 (SNPINDEX: ^GSPC) index, which has delivered a compound annual return of 10.5% since its inception in 1957. But volatility is the price we pay for higher returns in the stock market, so investors will have to stomach regular sell-offs along the way, which sometimes exceed 20%. Those risks are substantially higher when investing in hyper-growth areas like artificial intelligence (AI). AI software powerhouse Palantir Technologies (NASDAQ: PLTR) offers a great example -- its stock has surged by a whopping 480% over the past 12 months, but it suffered a nerve-racking plunge of 40% between February and April this year, which would have spooked even the most seasoned investors. Buying an exchange-traded fund (ETF) can be a great way to invest in a basket of high-growth AI stocks, while smoothing out some of that extreme volatility. The iShares Future AI and Technology ETF (NYSEMKT: ARTY) holds 48 different AI stocks, including many of the industry's leaders, so it can insulate investors from sharp losses if one or two names underperform. Read on to learn more. Palantir, Nvidia, and Alphabet are just some of the AI leaders in this ETF The iShares Future AI and Technology ETF focuses on the entire AI value chain, investing in companies all over the world that develop the infrastructure, software, and services powering this tech boom. The below table displays 10 of the most notable AI names in the ETF's 48-stock portfolio, ordered by their weightings: Stock iShares ETF Portfolio Weighting Advanced Micro Devices (NASDAQ: AMD) 5.66% Nvidia (NASDAQ: NVDA) 5.04% Broadcom (NASDAQ: AVGO) 4.82% Palantir Technologies 3.29% Alphabet Class A (NASDAQ: GOOGL) 3.01% Microsoft (NASDAQ: MSFT) 3.00% Amazon (NASDAQ: AMZN) 2.94% Snowflake (NYSE: SNOW) 2.85% Meta Platforms (NASDAQ: META) 2.51% Oracle (NYSE: ORCL) 0.64% Data source: iShares. Portfolio weightings are accurate as of July 25, 2025, and are subject to change. The AI revolution really gathered momentum at the start of 2023, when OpenAI's ChatGPT application surged in popularity by giving people a glimpse into this technology's potential. Since then, the above stocks have delivered a blistering average return of 522%, and a median return of 185%, so investors who haven't owned a slice of the AI boom have almost certainly underperformed the broader market: AMD, Nvidia, and Broadcom are three top suppliers of the data center chips, networking equipment, and components required to develop AI. Nvidia is the clear leader of that pack because the performance of its graphics processing units (GPUs) is unmatched, and demand for those chips continues to exceed supply. In fact, Nvidia has become the world's largest company on the back of the AI revolution, with its market capitalization recently topping $4.3 trillion. Alphabet, Microsoft, and Amazon are some of the biggest buyers of the data center hardware I just highlighted. They each operate cloud platforms where they sell state-of-the-art computing capacity to AI developers, in addition to ready-made large language models (LLMs), which are the core ingredients for creating AI software. Then there is Palantir, which is a true AI software giant. Its AIP (Artificial Intelligence Platform) platform helps businesses and governments deploy AI into their operations, whereas its Gotham and Foundry platforms help them extract valuable insights from their data. The more than 20-fold increase in Palantir stock since the start of 2023 has catapulted it to a very high -- and potentially unsustainable -- valuation, but that hasn't stopped one Wall Street analyst from predicting more upside. A great addition to a diversified portfolio The performance of the iShares Future AI and Technology ETF is completely dependent on the success of AI and AI-adjacent technologies, so investors shouldn't put all of their eggs in one basket even though it's less risky than buying one or two AI stocks. Instead, they should buy it as part of a diversified portfolio of other funds or individual stocks. Moreover, the ETF was established in 2018 with a broad focus on robotics and AI, but it was completely reconstructed on Aug. 12 last year to focus on AI specifically. Therefore, it doesn't have much of a track record for investors to analyze, but it has delivered a massive return of 40% since the changes were made. That's more than double the 19.5% return produced by the S&P 500 over the same period. That strong performance does come at a cost, because the iShares ETF has an expense ratio of 0.47%. It means a $10,000 investment will incur an annual fee of $47, which doesn't sound high at face value, but a traditional index fund issued by a company like Vanguard typically comes with an expense ratio of just 0.03%. This cost won't matter much if the iShares ETF continues to deliver blistering returns, but it's something to consider. One thing is for sure: The iShares ETF currently holds every AI stock an investor could want, so it will make a great addition to a diversified portfolio, especially one that doesn't already have exposure to this revolutionary sector of the market. Should you buy stock in iShares Future AI & Tech ETF right now? Before you buy stock in iShares Future AI & Tech ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and iShares Future AI & Tech ETF 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 $630,291!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,075,791!* Now, it's worth noting Stock Advisor's total average return is 1,039% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Meta Platforms, Microsoft, Nvidia, Oracle, Palantir Technologies, and Snowflake. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Investing in Artificial Intelligence (AI) Stocks Can Be Risky, but This Might Be a Great Way to Do It was originally published by The Motley Fool 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
Yahoo
a day ago
- Business
- Yahoo
Palantir Technologies Stock: Analyst Estimates & Ratings
With a market cap of $368.7 billion, Palantir Technologies Inc. (PLTR) builds and deploys advanced software platforms for governments and commercial clients worldwide. Its key products - Gotham, Foundry, Apollo, and the Artificial Intelligence Platform, support data integration, analysis, and operational decision-making across industries and national security sectors. Shares of the Denver, Colorado-based company have significantly outperformed the broader market over the past 52 weeks. PLTR stock has surged 501.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 17.4%. In addition, shares of Palantir Technologies have climbed 109.7% on a YTD basis, compared to SPX's 8.5% rise. More News from Barchart Here's What Happened the Last Time Novo Nordisk Stock Was This Oversold As SoFi Raises 2025 Guidance, Should You Buy, Sell, or Hold SOFI Stock Here? Earnings Will Be 'Worse Than Expected' for UnitedHealth. How Should You Play UNH Stock Here? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Looking closer, PLTR stock has also outpaced the Technology Select Sector SPDR Fund's (XLK) 26.1% return over the past 52 weeks and 13.9% increase on a YTD basis. Despite beating Q1 2025 revenue expectations with $883.9 million on May 5, Palantir's shares tumbled 12.1% the next day due to a 10% year-over-year decline in global sales, raising concerns about the sustainability of its international growth. While U.S. sales surged 55% and the company raised its full-year forecast, investors were spooked by signs of weakening demand outside the U.S. For the current fiscal year, ending in December 2025, analysts expect PLTR's EPS to grow 362.5% year-over-year to $0.37. The company's earnings surprise history is mixed. It beat the consensus estimates in one of the last four quarters while missing on three other occasions. Among the 21 analysts covering the stock, the consensus rating is a 'Hold.' That's based on four 'Strong Buys,' 13 'Hold' ratings, one 'Moderate Sell,' and three 'Strong Sells.' On Jul. 10, Wedbush raised its price target on Palantir Technologies to $160, citing strong confidence in the company's AI strategy and maintaining an 'Outperform' rating. As of writing, the stock is trading above the mean price target of $110.72. The Street-high price target of $170 implies a potential upside of 7.6% from the current price levels. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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
