Palantir Technologies (PLTR) reported stronger-than-expected December quarter earnings and revenue, with its US government and commercial businesses driving growth. The company’s full-year 2025 revenue guidance surpassed estimates, and its stock jumped over 15% in extended trading.
According to Palantir CEO Alex Karp, the company has achieved “internal momentum and strength,” with revenue surging 36% to $828 million. US government revenue grew 45%, while commercial revenue increased by 64%. For full-year 2025, Palantir expects revenue of $3.74 billion to $3.75 billion.
Analysts had predicted sales of $3.5 billion, or 24.6% growth. The company also forecast adjusted free cash flow of $1.6 billion in 2025, beating estimates of $1.28 billion. Palantir’s stock has gained 10% in 2025, and its price surged 340% last year.
The company is targeting generative artificial intelligence applications in healthcare, energy, and manufacturing. Its data analytics software has been used by government customers for intelligence gathering, counterterrorism, and military purposes. With a Composite Rating of 99 and an Accumulation/Distribution Rating of B, Palantir’s stock is considered a solid choice among AI stocks.
As the company continues to grow, investors are taking notice. The latest earnings report has sparked buzz around artificial intelligence stocks, with Palantir being one of the top stocks to watch in this sector.
Source: https://www.investors.com/news/technology/palantir-stock-pltr-stock-palantir-earnings-q42024