Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 26.9% in the morning session after the company reported impressive fourth-quarter results, which blew past analysts' billings, revenue,

Palantir Technologies (PLTR) is soaring to record highs after upbeat fourth-quarter results and a strong 2025 forecast, with help from AI

Key Takeaways Palantir Technologies shares soared to an all-time high Tuesday, a day after the company's outlook blew past analysts' expectations on strong demand for its Artificial Intelligence Platform.

Data-mining and analytics company Palantir (NYSE:PLTR) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 36% year on year to $827.5 million. On top of that, next quarter’s revenue guidance ($860 million at the midpoint) was surprisingly good and 7.

Palantir continues to reap the rewards of its decades of AI expertise. The stock is expensive, so investors should exercise care. In the fourth quarter, Palantir generated revenue that accelerated to 36% year over year (and 14% sequentially) to $828 million.

Palantir's Q4 results were astounding, "eviscerating" (their words in the press release) the consensus. I looked that up—it means "disemboweling." Revenue skyrocketed 36% YoYr, and its free cash flow (FCF) margin hit 63%—both disemboweling consensus estimates.