Palantir’s Earnings Push: Why the Stock is Climbing Hosted by MarketBeat StaffAugust 12, 2024 ShareLink copied to clipboard. Play video for Palantir’s Earnings Push: Why the Stock is ClimbingDetailsGuestsIn this MarketBeat update, analysts Chris Markoch and Thomas Hughes dive into what’s fueling the recent surge in Palantir’s stock price. Palantir's latest earnings report showed impressive growth, with revenue up 27% year-over-year, boosted by both government contracts and a strong 55% growth in the commercial sector. The company also posted another profitable quarter and raised guidance for the upcoming quarter and the rest of the year. Join us as we explore whether Palantir's strong performance justifies its nearly $30 stock price and what this could mean for investors.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioPLTRPalantir Technologies3.1299 of 5 stars$74.50-1.7%N/A372.52 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | Sponsored10 Rock-Solid Dividend Paying Stocks to Add to Your PortfolioWhile interest rates have risen over the last few years, there's still two things that fixed-income investment...MarketBeatDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | Sponsored7 Nuclear Energy Stocks to Buy on Growing DemandThe question isn't if nuclear energy is making a comeback, but why? There are several answers, starting with t...MarketBeatThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...Weiss Ratings | Sponsored15 Stocks That Insiders Won't Stop BuyingAn insider trade occurs when a corporate executive (such as a CEO, CFO or COO) that has non-public information...MarketBeat Recent Videos Featured Articles and Offers2 Underrated Quantum Computing Companies Starting to RallyDecember 20, 2024View 2 Underrated Quantum Computing Companies Starting to RallyWe recommended Palantir in 2021, now we’re recommending this...From Behind the Markets(Ad)View We recommended Palantir in 2021, now we’re recommending this...AI’s Next Big Winners: 3 Small-Cap Stocks to Watch in 2025December 19, 2024View AI’s Next Big Winners: 3 Small-Cap Stocks to Watch in 2025Broadcom’s Stellar Outlook Sparks Hopes for a Semi Sector RallyDecember 17, 2024View Broadcom’s Stellar Outlook Sparks Hopes for a Semi Sector RallyMicron Stock Under $100: Seize the AI-Driven UpsideDecember 19, 2024View Micron Stock Under $100: Seize the AI-Driven UpsideWe recommended Palantir in 2021, now we’re recommending this...From Behind the Markets(Ad)View We recommended Palantir in 2021, now we’re recommending this... Search Headlines Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Hosted by MarketBeat StaffAugust 12, 2024 ShareLink copied to clipboard. Play video for Palantir’s Earnings Push: Why the Stock is ClimbingDetailsGuestsIn this MarketBeat update, analysts Chris Markoch and Thomas Hughes dive into what’s fueling the recent surge in Palantir’s stock price. Palantir's latest earnings report showed impressive growth, with revenue up 27% year-over-year, boosted by both government contracts and a strong 55% growth in the commercial sector. The company also posted another profitable quarter and raised guidance for the upcoming quarter and the rest of the year. Join us as we explore whether Palantir's strong performance justifies its nearly $30 stock price and what this could mean for investors.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioPLTRPalantir Technologies3.1299 of 5 stars$74.50-1.7%N/A372.52 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | Sponsored10 Rock-Solid Dividend Paying Stocks to Add to Your PortfolioWhile interest rates have risen over the last few years, there's still two things that fixed-income investment...MarketBeatDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | Sponsored7 Nuclear Energy Stocks to Buy on Growing DemandThe question isn't if nuclear energy is making a comeback, but why? There are several answers, starting with t...MarketBeatThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...Weiss Ratings | Sponsored15 Stocks That Insiders Won't Stop BuyingAn insider trade occurs when a corporate executive (such as a CEO, CFO or COO) that has non-public information...MarketBeat
