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Key Takeaways
- Palantir will report its first-quarter results following the closing bell on Monday.
- A majority of analysts covering the company who are tracked by Visible Alpha have a "hold" rating on the artificial intelligence software company's stock.
- Last month, NATO acquired Palantir's AI-enabled military system.
Palantir’s (PLTR) quarterly results are scheduled to be released after the bell on Monday. Analysts have largely taken a wait-and see approach towards the artificial intelligence software company.
Visible Alpha has tracked 12 analysts covering Palantir. Of these, only one has Palantir as a “buy” rating. The other eight have “hold” ratings and three have “sell” ratings. The stock’s average price target is $88, which is well below Monday’s intraday close to $124.
The Street expects Palantir will report first-quarter revenues of $862.3 millions, up 36% over the previous year, and adjusted earnings $324.8million, or 13cents per share. This compares to $196.9million, or 8cents per share in the year before.
NATO Acquires Company's AI-Enabled Military System
The results are due after the North Atlantic Treaty Organization last month said it acquired Palantir’s AI-enabled military system. The deal with the Brussels-based military alliance helped ease investor concerns that Europe may rely less on American defense contractors amid an uncertain trade outlook.
Shares of Palantir rose by 64% in the first half of this year. They have increased by close to 400% during the past 12 months.
UPDATE—May 5, 2025: This article has been updated since it was first published to reflect more recent analyst estimates and share price values.
