US EditionPalantir Analysts Boost Their Forecasts After Q1 Results - Palantir Technologies (NASDAQ:PLTR)
- Palantir Technologies reported first-quarter 2024 results on May 5, showing revenue of $883.86 million and adjusted earnings of $0.13 per share.
- The company raised its full-year 2025 revenue guidance to $3.89 billion–$3.90 billion after strong growth, driven by surging government business and solid software adoption.
- Following the results, several analysts increased their price targets, with Cantor Fitzgerald raising theirs from $98 to $110 while maintaining a neutral rating.
- Wedbush lifted Q3 2026 earnings per share estimates from $0.07 to $0.08 and assigned an Outperform rating with a $140 target price.
- Despite a 12% stock dip after the report, Palantir's valuation reached $281 billion, reflecting optimism about its AI-focused software platforms and growing government contracts.
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Q3 EPS Forecast for Palantir Technologies Raised by Analyst
Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) – Equities research analysts at Wedbush lifted their Q3 2026 EPS estimates for Palantir Technologies in a research report issued to clients and investors on Tuesday, May 6th. Wedbush analyst D. Ives now expects that the company will earn $0.08 per share for the quarter, up from their previous estimate of $0.07. Wedbush currently has a “Outperform” rating and a $140.00 target price on the sto…
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