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Palantir’s Q1 Earnings Beat Fails to Prevent 10% Stock Plunge
Palantir’s Q1 Earnings Beat Fails to Prevent 10% Stock Plunge
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Palantir Technologies delivered robust first-quarter results, with revenue climbing 36% year-over-year to $862.3 million and earnings per share of $0.13 matching analyst expectations. The data analytics firm maintained its bullish guidance for Q2 and full-year 2025, yet shares cratered nearly 10% in after-hours trading.
The selloff reflects profit-taking after a 90% monthly rally fueled by AI hype and government contract wins. market participants appear unsettled by management’s cautious tone on future growth trajectories, despite the company’s entrenched position in defense and intelligence sectors.
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