Palantir share is trendy today: what's going on? – Palantir Technologies (Nasdaq: Untrtr)

Palantir Technologies Inc. Please The shares are tended to after the bell on Monday before winning. Here is a look at what you need to know.

What to know: The Palantir share hovers near the all-time high on Monday with the win for the first quarter after the market was closed. The share has touched all-time high in the overnight trade on the Robinhood platform and has dealt with social locations in anticipation of the report.

Analysts expect Palantir to win a profit of 13 cents per share in the first quarter of $ 862.83 million.

In the first quarter of 2024, Palantir reported a profit of 8 cents per share in accordance with the analyst estimates. The company recorded an incremental improvement of 1 cent per share in the second and third quarter before reporting a jump to 14 cents per share in the company's latest report from January.

“We are still in the earliest stages, the beginning of the first act, a revolution that will take place for years and decades”, CEO of Palantir Alex Karp said in a letter to the shareholders after printing the fourth quarter.

The strong profit of the company in the last quarter was supplemented by US sales growth of 52% compared to the previous year and the customer growth of 43% after the company completed 129 offers worth over $ 1 million and 58 deals worth at least $ 5 million in the three-month period.

The business stood again and again in the current quarter when the company announced a new partnership with the NATO Allied Command Operations (ACO) for its Maven -Smart system and an agreement to provide tactical intelligence agencies for the USARME for the Access Node (Titan) for the basic station of the Access Node (Titan).

“The business we have built up has now developed its own internal dynamics and its own strength, its own inner life and its forms of the untamed organic growth, with the performance that we far exceed what we invest,” said Karp in the last quarter.

Dan Ives von Wedbush noticed that after the bell on Monday he was expecting “good news” and described the company led by Karp as “Messi of Ai”.

In April, the Wedbush analyst said that Palantir continues to create an “unprecedented” traction for its entire product portfolio on the government and trading markets.

Other analyst companies are a little more careful in view of the incredible increase in the stock last year, since Morgan Stanley and since Davidson both shorten the price targets before the winning items. RBC Capital analysts also repeated the underperform with a price target of 40 US dollars last week.

Palantir remains popular with retail investors, with the shares being expanded on several social platforms on several social platforms in the past few weeks. At the time of writing, it was one of the best tickers on Stocktwits and also recorded the extended mentions about Reddits R/Wallstreetbets. In April, Palantir was also one of the ten most wanted tickers on Benzinga Pro.

Palantir published lines for the Monday report in the past quarter, including sales expectations from USD 858 million to USD 862 million and an adjusted income from $ 358 million. The company expects sales of $ 3.74 billion in 2025 in the amount of $ 3.74 billion, with US sales growth of at least 54%US turnover growth.

Palantir defeated the estimates of the analysts in the upper and lower borders in three straight quarters in the report on Benzinga Pro on Monday.

BlTR price campaign: At the time of publication, the Palantir shares went by 0.27% on Monday by $ 123.92. According to Benzinga, the share has increased by around 64% every year.

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Photo: Sundry Photography/Shutterstock.