Why Shares of Palantir Fell 16.5% in May

Motley Fool2022-06-02

What happenedFirst-quarter results from Palantir Technologies failed to live up to investors' lofty expectations. The stock fell as a result, with the shares down 16.5% for May, according to data ...

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Comments

Benjean
2022-06-02
Benjean
Thank u
Quicklearner
2022-06-02
Quicklearner
😭Sad
KYHBKO
2022-06-02
KYHBKO
We need the company to turn profitable before we should consider investing. if the losses continue, the price could continue its decline. the Ukraine situation could help $Palantir Technologies Inc.(PLTR)$.
Paggie
2022-06-02
Paggie
👍
P.H.ONG
2022-06-02
P.H.ONG
Looks good in long term but share price never go up
Tootsieroll
2022-06-02
Tootsieroll
Indeed fool.com

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The stock fell as a result, with the shares down 16.5% for May, according to data ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/01/why-shares-of-palantir-fell-in-may/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLTR","symbol_name":"Palantir Technologies Inc.","start_time":0,"source_url":"https://www.fool.com/investing/2022/06/01/why-shares-of-palantir-fell-in-may/","article_id":"2240428023","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2240428023","pubTimestamp":1654136346,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Quarterly results failed to inspire.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"translate_title":"为什么Palantir的股价在5月份下跌了16.5%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLTR":0.9},"content_text":"What happenedFirst-quarter results from Palantir Technologies failed to live up to investors' lofty expectations. The stock fell as a result, with the shares down 16.5% for May, according to data provided by S&P Global Market Intelligence.So whatPalantir provides data analytics for government and commercial customers. It is best known for its defense contractor side, which famously was said to be involved in the capture of Osama bin Laden. The stock was a huge initial success following its September 2020 public debut, rising as much as 300% in the months that followed its IPO, but has steadily been losing steam over the past year.Image source: Getty Images.The company's first-quarter results in early May did little to stem the bleeding. Palantir reported earnings of $0.02 per share, short of the $0.04 per-share consensus, on revenue that at $446.4 million slightly beat expectations. The company said it continues to see annual revenue growth of 30% or greater through 2025.Alas, investors wanted more. Palantir lost nearly one-third of its value in the days following the earnings release in part due to several skeptical notes from Wall Street analysts. Although Palantir is forecasting continued growth, that growth appears to be decelerating. Palantir's government business slowed for a fifth consecutive quarter, and commercial revenue would have decelerated if not for business booked from companies that Palantir has invested in.RBC Capital downgraded Palantir to underperform, from sector perform, and cut its price target in half, with analyst Rishi Jaluria expressing \"decreased confidence\" that the company will hit its growth targets. At least two other banks lowered their price targets for Palantir shares.Now whatThe issue isn't whether Palantir has impressive technology, or whether it has the potential to be a solid, profitable company. On those metrics, Palantir scores well. The issue is what the market is willing to pay for that business. 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u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050829641","repostId":2240428023,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9050863606,"gmtCreate":1654170226105,"gmtModify":1676535406006,"author":{"id":"3574936639222161","authorId":"3574936639222161","name":"Quicklearner","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3574936639222161","idStr":"3574936639222161"},"htmlText":"😭Sad","listText":"😭Sad","text":"😭Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050863606","repostId":2240428023,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9050809875,"gmtCreate":1654158916797,"gmtModify":1676535404675,"author":{"id":"3574381076586256","authorId":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3574381076586256","idStr":"3574381076586256"},"htmlText":"We need the company to turn profitable before we should consider investing. if the losses continue, the price could continue its decline. the Ukraine situation could help&nbsp;<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>.","listText":"We need the company to turn profitable before we should consider investing. if the losses continue, the price could continue its decline. the Ukraine situation could help&nbsp;<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>.","text":"We need the company to turn profitable before we should consider investing. if the losses continue, the price could continue its decline. the Ukraine situation could help $Palantir Technologies Inc.(PLTR)$.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050809875","repostId":2240428023,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9050183451,"gmtCreate":1654145846673,"gmtModify":1676535402939,"author":{"id":"4111640372193142","authorId":"4111640372193142","name":"Paggie","avatar":"https://community-static.tradeup.com/news/34e78ada667e7b63c0632c8f2d0fc95f","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"4111640372193142","idStr":"4111640372193142"},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050183451","repostId":2240428023,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9050116614,"gmtCreate":1654144605838,"gmtModify":1676535402650,"author":{"id":"4087802972380410","authorId":"4087802972380410","name":"P.H.ONG","avatar":"https://community-static.tradeup.com/news/9649343d5303d5dd4bf378e2df8dd2fc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4087802972380410","idStr":"4087802972380410"},"htmlText":"Looks good in long term&nbsp;but share price never go up&nbsp;","listText":"Looks good in long term&nbsp;but share price never go up&nbsp;","text":"Looks good in long term but share price never go up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050116614","repostId":2240428023,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9050196302,"gmtCreate":1654141309306,"gmtModify":1676535402203,"author":{"id":"3575535431943242","authorId":"3575535431943242","name":"Tootsieroll","avatar":"https://static.tigerbbs.com/e1ec6090a100f45863daf6da5efcf9ad","vip":1,"crmLevel":8,"crmLevelSwitch":0,"authorIdStr":"3575535431943242","idStr":"3575535431943242"},"htmlText":"Indeed fool.com","listText":"Indeed fool.com","text":"Indeed fool.com","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050196302","repostId":2240428023,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":110,"commentSize":14,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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