Palantir: Upgrading To Bullish After A Record Quarter Meets A 48% Selloff
Palantir is upgraded to bullish after a 48% share price decline and record-breaking Q1 fundamentals. PLTR delivered 85% YoY revenue growth, 150% net dollar retention, and $11.8B in remaining deal value—highlighting accelerating business momentum. Forward guidance was raised to $7.65–$7.66B revenue (+71% YoY), with EPS growth expected to exceed 100% through 2028, compressing valuation multiples.