Palantir's A.I. Ambitions Divide Analysts

United States News News

Palantir's A.I. Ambitions Divide Analysts
United States Latest News,United States Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Palantir's A.I. ambitions divide analysts. A bull and bear make their cases

Palantir Technologies raised its annual revenue target on Monday as it sees an opportunity to commercialize AI, but not all analysts are convinced.

But Rishi Jaluria of RBC Capital Markets told CNBC that Palantir "is not truly a generative AI company."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Palantir Reports 13% Revenue Growth, Issues Guidance That Tops EstimatesPalantir Reports 13% Revenue Growth, Issues Guidance That Tops EstimatesPalantir executives expect revenue growth to accelerate in the third quarter, with a net income of $28 million. The data analytics company forecasts third-quarter revenue to be between $553 million and $557 million, surpassing analysts' expectations.
Read more »

Palantir announces $1 billion buyback program as earnings meet expectationsPalantir announces $1 billion buyback program as earnings meet expectationsPalantir Technologies Inc. matched expectations with its latest quarterly results Monday while announcing a new $1 billion buyback authorization. The software company posted its third quarter in a row of GAAP profitability, recording second-quarter net income of $28 million, or 1 cent a share.
Read more »

Palantir Raises Annual Revenue Forecast on 'Unprecedented Demand' for AI PlatformPalantir Raises Annual Revenue Forecast on 'Unprecedented Demand' for AI PlatformData analytics software maker Palantir Technologies has raised its annual revenue forecast and announced a share buyback of up to $1 billion due to the 'unprecedented demand' for its artificial intelligence platform.
Read more »

Palantir Falls After Revenue Forecast Falls Short of AI HopesPalantir Falls After Revenue Forecast Falls Short of AI HopesPalantir Technologies Inc. raises its annual profit forecast for 2023 but falls short of expectations for its artificial intelligence technology, leading to a decline in its stock price.
Read more »

Palantir Raises Revenue Target on AI Boost, Announces Share BuybackPalantir Raises Revenue Target on AI Boost, Announces Share BuybackData analytics company Palantir has increased its revenue target due to the boost in artificial intelligence technology. The company has also announced a share buyback program.
Read more »

Analysts are getting bullish on these companies reporting earnings this weekAnalysts are getting bullish on these companies reporting earnings this weekWall Street analysts forecast these companies seeing upsides following their quarterly earnings announcements.
Read more »



Render Time: 2025-02-22 23:31:35