Palantir forecasts 2025 revenue above estimates on AI strength, shares surge

Published On Feb 3, 2025, 4:06 PM

Palantir Technologies has reported a forecast for 2025 revenue that surpasses Wall Street's expectations, driven by strong demand for its AI software. The company anticipates revenues between $3.74 billion and $3.76 billion, compared to analyst predictions of around $3.52 billion. This growth is attributed to increasing customer numbers and expansion within existing accounts, particularly for their AIP AI platform. The company's shares surged approximately 12% following this announcement. Additionally, the 2025 revenue from U.S. businesses is expected to increase by at least 54% to over $1.80 billion, aided by demand for supply chain analytics amid heightened tariffs.