Palantir dropped over 9% in after-hours trading Monday, even as the company reported strong first-quarter results and lifted its 2025 guidance, according to MarketWatch. CEO Alex Karp called the company “on fire,” highlighting guidance increases for revenue, operating income, and free cash flow. Veteran trader Mark Minervini noted that Palantir’s strong performance may already be reflected in its stock price, as the market anticipates future outcomes. Analysts expect the company’s EPS growth to slow sharply over the next two quarters. Investors took profits after a 64.6% year-to-date gain, with the stock near technical overbought levels and trading at nearly 189 times forward earnings.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Palantir dropped over 9% at After Hours Trading Monday, even as the company reported strong
00:06first quarter results and lifted its 2025 guidance according to MarketWatch.
00:11CEO Alex Karp called the company on fire, highlighting guidance increases for revenue,
00:15operating income, and free cash flow.
00:18Veteran trader Mark Miniveri noted that Palantir's strong performance may already be reflected
00:23in its stock price as the market anticipates future outcomes.
00:26Analysts expect the company's EPS growth to slow sharply over the next two quarters.
00:32Investors took profits after a 64.6% year-to-date gain, with the stock near technical overbought
00:37levels and trading at nearly 189 times forward earnings.
00:41For all things money, visit Benzinga.com slash GSTV.