Palantir Q2 Earnings Masterclass - The Stock Can Go Much Higher

Cestrian Capital Research Investing Group Leader Follow Summary Palantir delivered accelerating revenue growth and record 51% TTM unlevered pretax FCF margins, supported by a robust $9.4bn net cash position. PLTR's Q2 revenue reached $1.9bn, up 93% YoY, but RPO flatlined at $4.9bn, signaling potential growth deceleration ahead—just as the Q3 guide indicates. We rate PLTR at Hold, with a technical price target of $177, expecting near-term resistance near $150–152. Valuation remains stretched, but sector tailwinds and strong fundamentals justify holding rather than selling at current levels in our view. Looking for a portfolio of ideas like this one? Members of Growth Investor Pro get exclusive access to our subscriber-only portfolios. Learn More » DISCLAIMER: This note is intended for U.S. recipients only and, in particular, is not directed at, nor intended to be relied upon by, any UK recipients. Nothing in this note is intended to be investment advice, nor should it be relied This article was written by Cestrian Capital Research 17.56K Followers Follow Cestrian Capital Research, Inc. is an independent, SEC-regulated investment research business led by CEO Alex King. Alex is a professional investor with 3 decades of experience. Cestrian specializes in covering growth stocks, index ETFs and index options, long-run investing, swing trading and risk management via hedging. Alex runs the investing group Growth Investor Pro. Features of the full service include: A weekly webinar, real-time trade alerts in covered stocks or ETFs, a vibrant and welcome community chatroom, access to all covered stock ratings and charts, as well as access to Alex and his team for questions. Learn More. Analyst’s Disclosure: I/we have a beneficial long position in the shares of PLTR, IGV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Cestrian Capital Research, Inc. staff personal accounts hold long positions in, inter alia, PLTR and IGV. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.