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$102.90Annual ROE
6.76%Beta
2.42Events Calendar
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May 06, 2025Recent quarterly earnings:
Feb 03, 2025Recent annual earnings:
Feb 03, 2025Next ex-dividend date:
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On Tuesday, February 4, the S&P 500 increased by 0.7% as investors looked at updates regarding U.S. tariffs, job market information, and recent earnings reports.
Palantir Technologies (PLTR) stock surged over 20% during Wednesday's trading, making it a standout in this week's earnings reports after announcing impressive Q4 results the night before.
The earnings reports for the fourth quarter of 2024 are still coming in, and so far, the results have been mostly good. Many companies have already shared their results, and there are still plenty more to report in the upcoming weeks.
On Tuesday morning, the stock market was doing well as Wall Street ignored the recent news about tariffs and concentrated on company earnings. The Nasdaq Composite increased by 1.2%, while the Dow climbed by 100 points, which is a rise of 0.2%.
On Tuesday, key U.S. stock indexes rose as investors considered the effects of recent tariff news. This included a one-month delay on tariffs for imports from Mexico and Canada, along with China's quick response.
Palantir Technologies Inc. had an impressive quarter with a 36% year-over-year growth, but its actual operating income decreased because of stock appreciation rights. Even though the revenue growth and future predictions are strong, the company's valuation seems too high due to the large stock compensation affecting real earnings. A revised discounted cash flow analysis indicates a target price of $102, meaning Palantir is fairly valued but should not be priced as highly as Nvidia.
Palantir's shares (PLTR 23.99%) saw a significant increase on Tuesday. By 3:40 p.m., they had risen by 22.8%.
Shutterstock / Piotr Swat Main Ideas of This Article Organizations are purchasing a large number of Palantir call options, anticipating further growth.
On Tuesday, Palantir (PLTR) shares reached a record high after multiple analysts increased their price targets. This surge followed the company's impressive outlook, which exceeded analysts' predictions due to high demand for its Artificial Intelligence Platform.
Quint Tatro thinks that Palantir (PLTR) is an "amazing" stock, but he wouldn't buy it at its current price-to-earnings ratio. He feels that there are other companies that offer better value for the money right now, until Palantir's growth matches its high price.
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