Palantir Q3: Earnings Deep Dive After The Election

Summary:

  • Palantir’s Q3 results exceeded expectations with 30% YoY revenue growth and strong AIP demand, reinforcing my strong buy rating.
  • The recent presidential election, with President-elect Trump focusing on government efficiency, adds significant upside potential for Palantir’s AI solutions.
  • Despite high traditional valuation metrics, Palantir’s exceptional growth justifies a premium, with forward EPS expected to grow 97.51% YoY.
  • Key risks include potential slowing AIP growth, but strategic deals like the Microsoft cloud partnership bolster future growth prospects.

Palantir Technologies office in Palo Alto, California, USA

JHVEPhoto

Co-Authored By Noah Cox and Brock Heilig.

Investment Thesis

Palantir (NYSE:PLTR) had an exceptional Q3 on the back of accelerating AIP growth and disciplined execution by the AI innovators management team. While earnings were reported on November 4th, I


Analyst’s Disclosure: I/we have a beneficial long position in the shares of PLTR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Noah Cox (main account author) is the managing partner of Noah’s Arc Capital Management. His views in this article are not necessarily reflective of the firms. Nothing contained in this note is intended as investment advice. It is solely for informational purposes. Invest at your own risk.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.


Leave a Reply

Your email address will not be published. Required fields are marked *