Anduril and Palantir to Accelerate AI Capabilities for National Security
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William Blair on Underperform Rated Palantir (PLTR), 'the company’s revenue is still tracking to miss management’s 2025 target '
December 9, 2024 7:30 AM ESTWilliam Blair analyst Louie DiPalma reiterated an Underperform rating and {REMOVEPT} price target on Palantir Technologies Inc. (NASDAQ: PLTR).
The analyst comments "While Palantirs software has gained traction and its announced partnership with Booz Allen (BAH $142.70; Outperform) is positive, the partnership does not change how the companys revenue is still tracking to miss managements 2025 target of $4.5 billion conveyed in August 2022 by over $700 million. Despite this shortfall,... More
