BTCC / BTCC Square / Global Cryptocurrency /
Palantir Stock Surges on Strong Q3 Earnings and AI Platform Adoption

Palantir Stock Surges on Strong Q3 Earnings and AI Platform Adoption

Published:
2025-11-03 23:26:02
13
2
BTCCSquare news:

Palantir Technologies (PLTR) reported third-quarter earnings that exceeded analyst expectations, driven by robust adoption of its Artificial Intelligence Platform (AIP). The stock ROSE 4% in after-hours trading as revenue climbed 63% year-over-year to $1.18 billion, surpassing estimates of $1.09 billion. U.S. commercial revenue skyrocketed 121%, underscoring accelerating demand for its AI solutions.

The company secured a record $2.76 billion in total contract value, a 151% increase from the prior year. U.S. commercial deals alone accounted for $1.31 billion, up 342%. Despite the strong performance, Wall Street maintains a cautious stance with a Hold rating and an average price target suggesting 25% downside potential.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.