Palantir falls 12% as analysts raise international growth concerns
Publishing timestamp: 2025-05-06 13:52:52
Summary
Palantir shares dropped 12% despite strong revenue growth and lifted guidance. CEO Alex Karp remains optimistic, but Wall Street attributes drop to high bar to clear and deceleration in international commercial revenues. Despite topping revenue expectations, analysts express concerns about high software multiple and potential decline in shares due to international revenue deceleration.
Sentiment: MIXED
Tickers: PLTR,
Keywords: breaking news: earnings, breaking news, technology, business news, defense, earnings, breaking news: technology, palantir technologies inc, enterprise,
Source: https://www.cnbc.com/2025/05/06/palantir-earnings-international-growth.html