Palantir Surges Over 23% on Outlook Fueled by ‘Untamed’ AI Demand

Palantir Surges Over 23% on Outlook Fueled by ‘Untamed’ AI Demand

Palantir Technologies Inc. shares jumped after giving a full-year revenue forecast that exceeded analysts’ estimates, thanks to what Chief Executive Officer Alex Karp described as “untamed organic growth” in demand for its artificial intelligence software.

Sales will be about $3.75 billion in 2025, the Denver-based company said Monday in a statementBloomberg Terminal. Adjusted operating income will be about $1.56 billion. Analysts, on average, projected revenue of $3.54 billion and…

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https://www.bloomberg.com/news/articles/2025-02-03/palantir-gives-strong-2025-outlook-fueled-by-untamed-ai-demand

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