Defense Deals and Q1 Beat Can’t Stop PLTR Stock from 10% Crash
Despite reporting outstanding first-quarter earnings and riding a nearly 90% surge over the previous month, Palantir Technologies' stock...
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Last updated: Wednesday, June 4, 2025
Quick overview
- Palantir Technologies reported strong Q1 earnings, with revenue rising 36% year-over-year to $862.3 million and EPS of $0.13, meeting expectations.
- Despite solid results and optimistic guidance for Q2 and full-year 2025, Palantir's shares fell nearly 10% in after-hours trading due to cautious forward outlook.
- The company's stock had previously surged nearly 90% over the past month, driven by excitement around AI initiatives and government contracts.
- Investors appear to be locking in profits after the recent rally, leading to a swift correction despite the overall bullish outlook.
Despite reporting outstanding first-quarter earnings and riding a nearly 90% surge over the previous month, Palantir Technologies’ stock fell as cautious forward guidance dampened market enthusiasm.
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Skerdian Meta
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Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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