After a lackluster start to the year, Palantir’s stock is set to rebound in a big way after the company’s fourth-quarter earnings report impressed investors.
Shares of Palantir
PLTR are up 11% in premarket trading on Tuesday, reflecting the company’s sustained artificial-intelligence momentum. Demand for Palantir’s commercial and government AI solutions sparked a 70% rise in revenue for the December quarter. The company also guided for 61% revenue growth in 2026. Wall Street analysts had been projecting just 40% growth.
Palantir’s stock pops against a bleak software backdrop
Published:
After a lackluster start to the year, Palantir’s stock is set to rebound in a big way after the company’s fourth-quarter earnings report impressed investors.
Shares of Palantir
PLTR are up 11% in premarket trading on Tuesday, reflecting the company’s sustained artificial-intelligence momentum. Demand for Palantir’s commercial and government AI solutions sparked a 70% rise in revenue for the December quarter. The company also guided for 61% revenue growth in 2026. Wall Street analysts had been projecting just 40% growth.
Share this:
Related