Palantir Analysts Boost Their Forecasts After Q1 Results

Core Insights - Palantir Technologies Inc reported first-quarter revenue of $883.86 million, exceeding analyst expectations of $862.83 million, with adjusted earnings of 13 cents per share in line with estimates [1] - The company anticipates second-quarter revenue between $934 million and $938 million, surpassing estimates of $899.12 million [2] - Palantir raised its full-year 2025 revenue guidance to $3.89 billion to $3.90 billion, up from previous guidance of $3.74 billion to $3.76 billion, while analysts expected $3.75 billion [3] Financial Guidance - Full-year adjusted free cash flow is now expected to be between $1.6 billion and $1.8 billion, an increase from prior guidance of $1.5 billion to $1.7 billion [4] - Following the earnings announcement, Palantir shares dipped 12% to trade at $108.89 [4] Analyst Ratings and Price Targets - Mizuho analyst maintained an Underperform rating, raising the price target from $80 to $94 [9] - Cantor Fitzgerald and UBS analysts maintained Neutral ratings, with price targets raised from $98 to $110 and from $105 to $110, respectively [9] - Morgan Stanley maintained an Equal-Weight rating, increasing the price target from $90 to $98, while Goldman Sachs maintained Neutral and raised the target from $80 to $90 [9]