Palantir -forecasts 2025 revenue over estimates of AI -strength, shares Surge

On By Littum

(Reuters) -Data Analytics -Company Palantir expected the first quarter and annual revenue over Wall Street Estimates Monday and is focusing on robust demand for its software from companies adopting generative AI and sent its shares up 12% after the clock.

Companies that push to implement the most sophisticated generative artificial intelligence technology have helped to drive sales to Palantir’s AI platform, AIP used to test, debug code and evaluate AI-related scenarios.

The denver-based company expects fiscal revenue of 2025 between $ 3.74 billion and $ 3.76 billion over the average $ 3.52 billion analyst estimate, according to data prepared by LSEG.

Revenue is run by both new customers and the expansion of these customers with AIP, Palantir’s main revenue Ryan Taylor told Reuters. The company’s customer numbers increased 43% in the fourth quarter.

Chinese start -up Deepseeks AI models, which it claimed, can match or even transition Western rivals to a fraction of the cost, had touched doubts about the United States’ leading in the technology and the high cost of Genai development.

Palantir would discourage his clients from using Deepseek, Taylor said, adding that US government customers would not be able to use the Chinese company’s models.

The co -foundation of billionaire Peter Thiel, Palantir derived more than 40% his sale of the fourth quarter from the US government, but has worked to reduce its dependence on public spending.

Palantir expects revenue from companies in the United States to grow at least 54% by 2025 to more than $ 1.80 billion.

The company expected a march-quarter turnover between $ 858 million and $ 862 million compared to estimates of $ 799.4 million.

Extended tariffs commissioned by US President Donald Trump could also help drive the demand for Palantir’s Analytics Services centered on supply chain and logistics management, Taylor said.

On adjusted basic Palantir served 14 cents per day. Stock in the fourth quarter and beat Estimates at 11 cents.

(Reporting Arsheeya Bajwa in Bengaluru; Editing Shounak Dasgupta)