Palantir Q4 revenue beats estimates, helped by U.S. commercial growth

Overview

• Data analytics firm's Q4 revenue grew 70% yr/yr, beating analyst expectations

• Company projects FY 2026 revenue growth of 61% yr/yr

Outlook

• Palantir expects Q1 2026 revenue between $1.532 bln and $1.536 bln

• Company forecasts FY 2026 revenue between $7.182 bln and $7.198 bln

• Palantir projects FY 2026 U.S. commercial revenue growth of at least 115%

Result Drivers

• U.S. COMMERCIAL GROWTH - U.S. commercial revenue increased 137% yr/yr, contributing significantly to overall revenue growth

• AI ADVANCEMENTS - CEO Alex Karp attributed growth to focus on AI advancements, calling it 'commodity cognition'

• RECORD CONTRACT VALUE - Closed a record-setting $4.262 billion in total contract value, up 138% yr/yr

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy", 15 "hold" and 3 "sell" or "strong sell"

• The average consensus recommendation for the software peer group is "buy."

• Wall Street's median 12-month price target for Palantir Technologies Inc is $200.00, about 36.4% above its January 30 closing price of $146.59

• The stock recently traded at 145 times the next 12-month earnings vs. a P/E of 246 three months ago

Press Release: ID:nBwbcnXC0a

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