Can Palantir’s ‘breathtaking’ quarter win over Wall Street? It’s complicated.
1. Palantir's U.S. commercial revenue surged 121% year-over-year. 2. Analysts increased price targets, Mizuho to $205 and D.A. Davidson to $215. 3. Record total contract value bookings reached $2.8 billion, up 151% year-over-year. 4. Shares fell about 7% despite strong earnings due to valuation concerns. 5. Analysts maintain neutral ratings citing high premiums versus peers.