EPISODE · May 6, 2026 · 1 MIN
Palantir's Stock Dives Despite Strong Earnings
from The Daily News Now! Business
Palantirs Q1 earnings surged, with 85% year-over-year revenue growth to $1.63 billion, marking their fastest growth as a public company. Their U.S. business skyrocketed 104%, and they raised full-year 2026 revenue guidance to 71% growth. However, non-GAAP operating margins hit 60%, but the stock plummeted over 20% this year due to valuation concerns. Bookings growth slowed, with total contract value rising 61% but a sharp slowdown from last quarter. Despite CEOs optimism, the sky-high valuation leaves little room for error, keeping investors sidelined. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9914b1ff5879fe90
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Palantir's Stock Dives Despite Strong Earnings
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