Palantir Exceeds Expectations with Q1 Revenue and Raises Annual Forecast

Palantir Technologies outperformed analysts’ predictions for its first-quarter revenue and has increased its revenue forecast for the entire year as more companies integrate its artificial intelligence software. “We’re providing the modern enterprise with its operational backbone in the age of AI,” stated CEO Alex Karp in Monday’s earnings announcement. Despite a generally declining trend in technology stocks in 2025, Palantir shares have soared by over 60% since the start of the year.