Palantir Technologies Inc (PLTR) – AIP, the gamechanger

Palantir Technologies Inc (PLTR) (Q2FY23)

Stock Performance: Palantir Technologies stock price surged by 77.79% in the past 1 year. It had a 52-week high of $20.24 and a 52-week low is $5.92. The price showed a downtrend in the past 3-month period and gave -5.33% returns.

Q2FY23 Performance: Revenue grew 13% Y/Y to $533mn. Commercial revenue grew 10% Y/Y, whereas Government revenue grew 15%Y/Y. Customer count grew 38% Y/Y. GAAP net income of $28mn, GAAP income from operations of $10mn, representing a margin of 2%, GAAP earnings per share (“EPS”) of $0.01, and Adjusted EPS of $0.05.

Guidance: For Q3FY23, Palantir expects total revenue of $553mn to $557mn, and an adjusted operating income of $135mn to $139mn. For FY23, revenue is expected to be ~$2.212bn with an adjusted operating income excess of ~$576mn.

Highlights

Palantir’s Artificial Intelligence Platform (AIP) is a game-changer for the company. It allows customers to leverage the capabilities of machine learning and natural language processing to make faster and better decisions.

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Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Segment Performance

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 29

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