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<Research> Citi: Palantir Technologies Inc. (PLTR.US) 1Q Revenue Beats; Raises Financial Guidance
Citi issued a research report stating that Palantir Technologies Inc. (PLTR.US) recorded an 85% YoY increase in revenue for 1Q, exceeding market forecasts by 6%, mainly driven by s...
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<Research> Citi: Palantir Technologies Inc. (PLTR.US) 1Q Revenue Beats; Raises Financial Guidance
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Citi issued a research report stating that Palantir Technologies Inc. (PLTR.US)      recorded an 85% YoY increase in revenue for 1Q, exceeding market forecasts by 6%, mainly driven by strong performance in its government business and international commercial segment. Management raised its full-year US commercial revenue forecast by USD100 million, indicating continued business momentum.

The bank added that Palantirs adjusted EBIT margin was slightly above 60%, while free cash flow exceeded market expectations by 6%. Looking ahead, Palantir raised its FY2026 revenue growth forecast by 10 ppts to a 71% YoY increase, and also lifted its EBIT margin projection and free cash flow guidance. Citi assigned a TP of USD210 to Palantir Technologies Inc. (PLTR.US)      with a Buy (High Risk) rating. (sl/u)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsCore Inflation Rate MoM for Apr in United States is 0.4%, higher than the previous value of 0.2%. The forecast was 0.3%.

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