Palantir Reports Revenue Growth of 27% Year-Over-Year and Raises Full Year Revenue Guidance; Record GAAP EPS of $0.06 in Q2 2024

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Palantir Technologies Inc. (PLTR) PT Raised to $30 at BofA Securities

August 6, 2024 9:33 AM EDT

BofA Securities analyst Mariana Perez Mora raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $30.00 (from $28.00) while maintaining a Buy rating.

The analyst comments "We liken the market, industry, and investor attitudes toward AI to that of the California gold... More

Citi Reiterates Neutral Rating on Palantir Technologies Inc. (PLTR)

August 6, 2024 5:15 AM EDT

Citi analyst Tyler Radke reiterated a Neutral rating and $28.00 price target on Palantir Technologies Inc. (NYSE: PLTR).

The analyst comments "Palantirs Q2 results were impressive, especially against a choppy software demand backdrop, with one of the strongest revenue beats ($25M) in... More

Palantir Technologies Inc. (PLTR) PT Raised to $24 at Mizuho

August 6, 2024 5:13 AM EDT

Mizuho analyst Matthew Broome raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $24.00 (from $22.00) while maintaining a Underperform rating.

The analyst comments "We give credit where credit is due, as PLTR reported a very good quarter well above expectations. This was led... More

Palantir Technologies Inc. (PLTR) PT Raised to $21 at Deutsche Bank

August 6, 2024 5:12 AM EDT

Deutsche Bank analyst Brad Zelnick raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $21.00 (from $20.00) while maintaining a Sell rating.

The analyst comments "Palantir posted solid 2Q results with revenue coming in >4% above the midpoint of guidance, the largest beat in several years, and operating margins beating by 5pts at an impressive 37% (+12pts y/y). Sustained momentum in its US Commercial business (+70% y/y... More

Palantir Technologies Inc. (PLTR) PT Raised to $28 at DA Davidson

August 6, 2024 5:07 AM EDT

DA Davidson analyst Gil Luria raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $28.00 (from $24.00) while maintaining a Neutral rating.

The analyst comments "Palantir reported a strong beat and raise quarter as revenue growth accelerated due to persistent demand for AI... More