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home / news releases / PLTR - Palantir: This Is Just The Beginning

PLTR - Palantir: This Is Just The Beginning

Palantir Technologies Inc. Class A

2024-02-07 15:37:16 ET

Summary

  • Palantir had a strong end to FY23, surpassing the Rule of 40 at 54% for q4'23 and 44% for FY23.
  • Gartner forecasts 13.8% y/y growth in IT spend for 2024 with a primary focus in cost-reducing projects. Palantir's products may be that solution.
  • Palantir's AI capabilities and AIP bootcamps are driving sales and attracting new customers, with high-value deals expected to continue.

For further details see:

Palantir: This Is Just The Beginning
Stock Information
Company Name: Palantir Technologies Inc. Class A
Stock Symbol: PLTR
Market: NYSE
Website: palantir.com
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