Palantir's share price stalled on Tuesday morning on the New York Stock Exchange, victim of profit-taking the day after the publication of its results, after having gained nearly 47% since the start of the year.
Last night, the predictive analytics specialist reported its sixth consecutive quarter of profitability under GAAP accounting standards, which include exceptional items.
Net income rose by 17% over the January-March period, to $105.5 million, on the basis of sales that rose by 21% to $634.3 million, against a consensus target of $615 million.
The Denver-based group also raised its annual sales forecast, now expected to be between $2,677 and $2,689 million, but these targets were deemed 'cautiously optimistic' by investors.
As a result, the stock fell by more than 12% in early trading on Tuesday.
From the point of view of analysts at Wedbush Securities, who have an 'outperform' rating and a $35 price target on the stock, this downturn represents a 'golden opportunity' to buy this 'pure player' (100% specialist) in AI.
On the contrary, other professionals are wondering whether the time has come for the stock to take a breather after its spectacular surge in recent months.
"The stock is trading at 17x its expected sales for 2025 and on the basis of anticipated growth of around 20%, and we believe that Palantir will now have to prove its ability to execute well and grow in order to justify a higher valuation level", judge Mizuho's teams.
The stock is still up 225% over the past 12 months.
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Palantir Technologies Inc. is engaged in building software to assist in counterterrorism investigations and operations. It has built four principal software platforms, including Palantir Gotham (Gotham), Palantir Foundry (Foundry), Palantir Apollo (Apollo), and Palantir Artificial Intelligence Platform (AIP). Apollo is a cloud-agnostic, single control layer that coordinates ongoing delivery of new features, security updates, and platform configurations, helping to ensure the continuous operation of critical systems. Gotham enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants. Foundry transforms the ways organizations operate by creating a central operating system for their data. AIP enables responsible artificial intelligence (AI)-advantage across the enterprise by using primary, core components built to effectively activate large language models (LLMs) and other AI within any organization.
PALANTIR TECHNOLOGIES INC. 
