Palantir Stock Has Been Getting Slammed. Time to Buy?
The business momentum here is real, and it is spread across both the company's government and commercial customers. A growth stock by every metric Palantir delivered 48% year‑over‑year revenue growth in Q2 to just over $1 billion. Its U.S. commercial revenue was the standout, up 93% year over year to roughly $306 million. Management also raised full‑year revenue guidance to about 45% year-over-year growth and forecast Q3 revenue to grow 50%. Those are big numbers. In addition, profitability looks to be here ...