---
type: "Topics"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/topics/26951631.md"
description: "$Palantir Tech(PLTR.US) Quick Interpretation: Palantir is undoubtedly the leader in AI faith stocks! Despite a notably high valuation, the strong short-term fundamentals are undeniable + multiple favorable non-fundamental factors have led to continuous face-slapping of short sellers. This performance once again exceeded expectations, especially the guidance for 2025, as the company effectively countered some investors' concerns about intensified competition leading to growth slowdown and peak profitability, further enhancing investment confidence.1. The biggest highlight is the guidance: The most impressive aspect of the Q4 financial report should be the company's guidance for Q1 and the entire year of 2025. On one hand, the annual revenue growth of 30% has not slowed compared to 2024, significantly exceeding market expectations, with the most concerning aspect for the market being the U.S. commercial revenue, which provided a beautiful guidance of at least 54% growth; secondly, the operating profit margin continues to improve by 3 percentage points, contrary to some investors' concerns about it leveling off or weakening due to intensified competition.2. The current performance is also excellent: In Q4, both U.S. government and commercial revenues accelerated, benefiting from strong demand for Foundry and AIP. The significant growth in the number of customers and remaining performance obligations (RPO) also indicates that Palantir's customer base grew substantially in the fourth quarter, far exceeding the performance of the previous three quarters. Among them, the net increase in enterprise customers even doubled. RPO also maintained nearly 40% growth despite a high base, and the overall expansion rate of existing customers (NDR) further increased to 120%.At the same time, the expenditure control that has always been synchronized with revenue expansion did not show signs of slowing down in Q4. Although from the perspective of SBC (total scale increased by 100% quarter-on-quarter, influenced not only by the doubling of market value but also by an increase in the number of employee incentives), there may be some personnel expansion, but overall it remains within a controllable range. Meanwhile, capital expenditures in Q4 did not change much, thus the profitability (adj. OPM) reached the company's guidance of over 40%, which is not difficult under controllable competition."
datetime: "2025-02-04T00:20:38.000Z"
locales:
  - [en](https://longbridge.com/en/topics/26951631.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/26951631.md)
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author: "[Dolphin Research](https://longbridge.com/zh-HK/news/dolphin.md)"
---

> 支持的語言: [English](https://longbridge.com/en/topics/26951631.md) | [简体中文](https://longbridge.com/zh-CN/topics/26951631.md)


# $Palantir Tech(PLTR.US) Quick Interpretation: Pala…


### 相關股票

- [Palantir Tech (PLTR.US)](https://longbridge.com/zh-HK/quote/PLTR.US.md)

## 評論 (13)

- **常瀛 · 2025-02-05T03:18:35.000Z**: I think its stock price is already ridiculously high now, don't chase, consider shorting. Especially since Nvidia is showing signs of bottoming out.
- **tigerinmotion 之天地过客 · 2025-02-04T00:43:46.000Z · 👍 2**: Such an amazing product, yet 35% of Q1 revenue was spent on marketing and only 20% on R&D. What's the deal? And since it's such a great software company, why is the OP MARGIN so low?
  - **毛线团** (2025-02-04T00:49:05.000Z): Everything is good news when the stock price rises
  - **韭牛之力** (2025-02-04T04:06:05.000Z): The good news is over and the price is coming down. Good news is always hindsight. Wait for it to drop a bit before buying in. Tesla (TSLA) can drop from 500 to 380, so this one should be able to as w
  - **毛线团** (2025-02-04T04:07:07.000Z): 😂Looking forward to breaking even, the short position is already in the red.
- **满仓pltr长持 · 2025-02-04T00:28:02.000Z · 👍 1**: Believe in PLTR becoming a trillion-dollar market cap company 🥳
  - **赌性坚强Ann** (2025-02-04T00:45:39.000Z): Awesome! Why are you so bullish?
  - **满仓pltr长持** (2025-02-04T00:47:18.000Z): You just need to have a comprehensive understanding of the company's fundamentals. 500 billion is the minimum.
  - **tigerinmotion 之天地过客** (2025-02-04T00:51:29.000Z): Are you all crazy? Are we not talking about valuation anymore? A 36% operating growth rate with a 60x PS ratio, and you still think it's undervalued? Look at other companies with similar growth rates—