The Latest Breaking News from PLTR

Morgan Stanley analyst Keith Weiss upgraded Palantir Technologies Inc (NYSE:PLTR) to Equal Weight from Underweight with a price target of $16, down from $24. The price target implies an upside 0f 46.1%. The analyst cites its "well-positioned" government business, potential for its commercial unit to accelerate sales investments, and "strong" unit economics for the…

Jacobs Engineering Group Inc (NYSE:J) and Palantir Technologies Inc (NYSE:PLTR) have established a strategic collaboration that targets data and technology solutions for the infrastructure and national security markets. The financial terms were not disclosed. The collaboration focuses on the water sector in the near term and involves launching a joint data analytics offering to support…

Palantir Technologies Inc (NYSE:PLTR) launched software across the U.K.’s NHS to help reduce the backlog of 6 million patients waiting for elective care, Financial Times reports. Palantir looks to spread its data processing technology across 30 hospital trusts in March to help cut the pandemic-induced NHS waiting lists.  The NHS paid £23.5…

Cathie Wood led Ark Investment Management on Tuesday shed nearly all of its exposure in the Peter Thiel-backed Palantir Technologies Inc (NYSE: PLTR).

Palantir Technologies (NYSE:PLTR) has outperformed the market over the past 5 years by 45.48% on an annualized basis.

Despite robust revenue growth across its core segments, data mining company Palantir (PLTR) suffered a significant sell-off over the past few days. So, let's evaluate if it's wise to buy the dip in stock given its premium valuation and negative profit margins? Read on.

Cathie Wood’s Ark Investment Management sold 228,594 shares of Palantir Technologies Inc (NYSE: PLTR), worth nearly $2.4 million, on Wednesday.

Cathie Wood’s Ark Investment Management sold 11,761,901 shares of Palantir Technologies Inc (NYSE: PLTR) worth nearly $123.3 million — based on the stock’s Tuesday closing.

PLTR stock fell as fourth-quarter earnings missed estimates while March-quarter revenue guidance edged by expectations.

Palantir Technologies Inc (NYSE:PLTR) reported fourth-quarter FY21 revenue growth of 34% year-on-year to $432.9 million, beating the consensus of $417.7 million. Revenue Drivers: U.S. commercial revenue grew 132% Y/Y. Palantir added 34 net new customers.  Palantir closed 64 deals of $1 million or more, of which 27 contracts were worth $5 million or more…

  Companies Reporting Before The Bell • Palantir Technologies (NYSE:PLTR) is estimated to report quarterly earnings at $0.04 per share on revenue of $417.69 million.