Bank of America analyst Mariana Perez Mora recently raised her target price on Palantir to $215 per share, the highest forecast on Wall Street.Palantir Technologies (PLTR 0.79%) is one of the most popular artificial intelligence (AI) stocks on the market, especially among retail investors. Shares have advanced 140% year to date, after skyrocketing 340% last year. And the company recently got a big vote of confidence from a Wall Street analyst.Mariana Perez Mora, who covers aerospace and defense at Bank of A ...

Core Insights - Palantir Technologies has experienced significant stock growth, with shares up 136% year-to-date, driven by increasing demand for its AI platforms in government and enterprise sectors [1] - Snowflake may be on a similar trajectory as Palantir, with steady revenue growth despite a stagnant share price since its IPO, indicating a potential pre-breakout phase [2][6] Company Developments - Palantir has secured a $10 billion contract with the U.S. Army and formed partnerships with Boeing's defense unit and NATO, reinforcing its position as a key AI provider in security and defense [4] - Snowflake is expanding its capabilities beyond data warehousing by acquiring Crunchy Data to enhance its PostgreSQL and AI application development, positioning itself to compete with Databricks [5] - Snowflake has partnered with Salesforce and dbt Labs on the Open Semantic Interchange initiative to improve enterprise data interoperability for AI applications [5] Leadership and Investor Sentiment - Snowflake's CFO Mike Scarpelli has stepped down after overseeing a $3 billion share buyback, which is perceived as a sign of confidence in the company's long-term value [5] - Institutional investors are increasing their stakes in Snowflake, reflecting a renewed optimism regarding its growth trajectory [6]

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the AI Stocks on Market Radar. On Sep 23, BofA Securities analyst Mariana Perez Mora raised the price target on the stock to $215.00 (from $180.00) while maintaining a Buy rating. The firm also reiterated Palantir’s position on US 1 List. BofA believes that Palantir’s “secret sauce” lies in its Ontology architecture and FDEs (forward deployed engineers) go-to-market strategy. BofA isnt the only in this view, with other notable firms such as Goldman Sachs ...

Palantir (PLTR) shares are up about 1.6% on Tuesday after a senior Bank of America analyst, Mariana Perez Mora, issued a bullish note in favor of the AI-enabled data analytics company. BofA’s constructive call arrives only a day after the United Kingdom signed a billion-dollar contract with PLTR aimed at accelerating military decision-making, planning, and targeting. More News from Barchart At the time of writing, Palantir stock is up some 180% versus its year-to-date low set in mid-January. www.barcha ...

Palantir (NASDAQ: PLTR) has been on a remarkable streak, soaring nearly 140% since January, fueled by the broader market enthusiasm for artificial intelligence (AI).Accordingly, Bank of America (BofA) Securities analyst Mariana Pérez Mora raised her PLTR stock price target from $180 to $215 while maintaining a “Buy” rating on Tuesday, September 23.Following a discussion with Akshay Krishnaswamy, the company’s Chief Architect, Pérez Mora reportedly cited stronger growth across Palantir’s applications as one ...

The Trump administration has made a number of equity investments in U.S. companies this year.This time last year, Donald Trump was on the campaign trail. Central pillars of his economic platform involved reviving U.S. manufacturing, expanding domestic energy production, and rebuilding infrastructure.At first glance, these promises sound like generic campaign rhetoric. But beneath the surface, Trump's economic playbook carried some sophisticated strategies.Since taking office, the president has gone beyond s ...

Analysts predict that Palantir will reach a $1 trillion market cap. Palantir Technologies (PLTR -1.78%) has always been a polarizing name. For years, it was known primarily as a secretive government contractor -- a stock either loved for its big-data capabilities or avoided because of its heavy reliance on public sector work. But 2025 is shaping up to be a turning point. Palantir just delivered the strongest quarter in its history, with both its government and commercial businesses posting exceptional growt ...

Core Insights - Palantir's CEO expressed pride in the company's strong second-quarter earnings, highlighting the impressive financial performance [1] - The company surpassed analyst expectations with adjusted earnings of 16 cents per share and revenue of $1 billion, exceeding projections of 14 cents and $940 million [2] Financial Performance - Palantir's commercial revenue in the US nearly doubled year-over-year to $628 million, while government revenue increased by 53% to $426 million, driven by a significant $10 billion contract with the US Army [3] - The company raised its full-year revenue guidance midpoint to just over $4 billion, reflecting a nine-point increase from the previous quarter [4] Contracts and Growth - The US Space Force awarded Palantir a $218 million delivery order and increased the spending ceiling for its Maven Smart System to $795 million, indicating anticipated significant demand [4] - The overall sentiment among skeptics has shifted positively, with fewer doubts about the company's growth trajectory [2]

Financial Data and Key Metrics Changes - The company achieved over $1 billion in quarterly revenue for the first time, with overall revenue growth accelerating to 48% year over year in Q2 [5][21] - The Rule of 40 score reached 94 in Q2, up 11 points quarter over quarter, indicating strong revenue growth and profitability [5][34] - Adjusted operating margin expanded to 46%, exceeding prior guidance by nearly 300 basis points [23][34] Business Line Data and Key Metrics Changes - U.S. Commercial revenue grew 93% year over year and 20% sequentially, now comprising 31% of total revenue [10][22] - U.S. Government revenue grew 53% year over year and 14% sequentially, driven by new contracts and existing program execution [12][29] - International commercial revenue declined 3% year over year but grew 2% sequentially, with a focus on targeted growth opportunities [28] Market Data and Key Metrics Changes - Total remaining deal value in the U.S. Commercial business grew 145% year over year and 20% sequentially [27] - Net dollar retention increased to 128%, reflecting expansions at existing customers and new customer acquisitions [30] - Customer count grew 43% year over year to 849 customers, with revenue from the top 20 customers increasing 30% year over year [25] Company Strategy and Development Direction - The company is focused on delivering AI production impact, with significant expansions in existing customer contracts and new customer acquisitions [11][17] - Investments in ontology and infrastructure are positioned to uniquely meet AI demand, with a strong emphasis on integrating LLMs and workflow [14][15] - The company aims to empower frontline workers and enhance productivity through AI, emphasizing the importance of agency and creativity in the workforce [18][49] Management's Comments on Operating Environment and Future Outlook - Management expressed high enthusiasm for the business outlook, citing strong demand for AI solutions and the transformative impact of their products [13][21] - The company anticipates continued growth in the second half of the year, with guidance for Q3 revenue between $1.083 billion and $1.087 billion [36] - Management highlighted the importance of maintaining a strong talent pool and fostering an environment that attracts and retains top talent [70][73] Other Important Information - The company closed $2.3 billion in total contract value (TCV) bookings, marking a 140% year-over-year increase [30] - Adjusted free cash flow for Q2 was $569 million, representing a margin of 57% [35] - The company is committed to investing in elite technical talent and expanding its product pipeline while maintaining GAAP profitability [34] Q&A Session Summary Question: How is Palantir making AI more useful for frontline workers and decision makers? - Management emphasized that AI is empowering American workers, allowing them to focus on critical tasks rather than administrative burdens [48][49] Question: Will the company pursue a direct sales force given its current growth? - Management indicated that while there will be some direct salespeople, the primary sales force will be current customers advocating for the company's products [53][54] Question: What excites the company about the recent AI action plan from the White House? - Management expressed excitement about the recognition of the need for an American open AI tech stack and the focus on implementation [67][68] Question: How does the company ensure it attracts and retains top talent? - Management highlighted the importance of providing access to meaningful problems and creating a culture that values agency and creativity [70][73]

Financial Data and Key Metrics Changes - Palantir achieved record quarterly revenue of $1,004,000,000 for the first time, reflecting a 48% year-over-year growth and a 14% sequential growth [21][24] - The overall U.S. business revenue grew 68% year-over-year and 17% sequentially, now representing 73% of total company revenue [5][22] - The Rule of 40 score reached 94 in Q2, up 11 points quarter-over-quarter, indicating strong revenue growth and profitability [5][23] Business Line Data and Key Metrics Changes - U.S. Commercial revenue grew 93% year-over-year and 20% sequentially, comprising 31% of Q2 revenue compared to 23% a year ago [4][12] - U.S. Government revenue grew 53% year-over-year and 14% sequentially, driven by new contracts and existing program execution [13][30] - International commercial revenue declined 3% year-over-year but grew 2% sequentially, with a focus on targeted growth opportunities in Asia and the Middle East [29] Market Data and Key Metrics Changes - Total customer count increased by 43% year-over-year to 849 customers, with revenue from the top 20 customers averaging $75,000,000 per customer, up 30% from a year ago [25][31] - Total remaining deal value in the U.S. Commercial business grew 145% year-over-year, indicating strong demand for AI production use cases [28][32] Company Strategy and Development Direction - The company is focused on delivering AI production impact, with significant investments in AIP and technical hiring to support growth [33][34] - Palantir emphasizes the integration of LLMs, workflow, and software to realize value from AI in enterprises, positioning itself uniquely in the market [15][16] - The company aims to empower frontline workers and enhance productivity through AI, reflecting a commitment to social responsibility and workforce development [50][51] Management's Comments on Operating Environment and Future Outlook - Management expressed high enthusiasm for the business's future, highlighting the transformative impact of AI and the company's unique position in the market [14][21] - The outlook for Q3 2025 includes revenue guidance of $1,085,000,000, representing over 8% growth quarter-over-quarter and 50% year-over-year [21][37] - The company raised its full-year 2025 revenue guidance midpoint to $4,146,000,000, reflecting a 45% year-over-year growth rate [21][38] Other Important Information - Adjusted operating margin expanded to 46%, exceeding prior guidance, while adjusted free cash flow reached $569,000,000, representing a margin of 57% [23][36] - The company has repurchased approximately 2,500,000 shares as part of its share repurchase program, with $899,000,000 remaining of the original authorization [36] Q&A Session Summary Question: How is Palantir making AI more useful for frontline workers and decision makers? - Management highlighted that AI is empowering American workers by allowing them to focus on critical tasks rather than administrative burdens, enhancing productivity and creativity [49][50] Question: Are there plans to develop a direct sales force given the current growth? - Management indicated that while there will be some direct salespeople, the primary sales strategy will rely on current customers advocating for the product, leveraging credibility and existing relationships [54][56] Question: What excites the company about the recent AI action plan from the White House? - Management expressed excitement about the recognition of the need for an American open AI tech stack and the focus on implementation, which aligns with the company's goals [68][69] Question: How does the company plan to attract and retain talent in a competitive market? - Management emphasized the importance of providing access to meaningful problems and creating an environment where employees can make significant contributions, which has led to strong retention rates [70][72]