š„ Q4 Earnings: Bombastic | Palantir Bullets #64
Q4 results, Analysts U turn, Babco Energies, Voyager Space
Hi, Iām Arny. First, let me thank you! We crossed the 4,000 subscribers milestone in one of the most exciting weeks as a Palantir shareholder:
Editor: Emanuele Marabella.
Last week:
Palantir released its Q4 results, which proved that the āunprecedented demandā driven by AI is real. The US Commercial, which is growing at ~70% YoY supports the acceleration of the Group Revenue to ~20% YoY and an impressive ~34% EBIT Adj. Margin. The stock rose +50% to $24 in the week following the results.
~5k people watched our Q4 stream on Amitās channel (subscribe!): ~2x the official Palantir stream!
What are the most important takeaways from the Q4 results?
Amit, Vince, Matt, Steven and I discussed them at Palantir Weekly #108
Citi and Jefferies analysts, who last week reiterated their SELL ratings ($10 and $13) almost doubled their target price to $20 and $22, respectively. Even the most bearish analysts must accept reality: Palantir is a top-notch SaaS.
Voyager Space signs a partnership with Palantir USG focused on exploring AI capabilities and enhancing national security capabilities in the commercial space domain.
āThe collaboration between Voyager and Palantir will center around the joint exploration of cutting-edge AI and ML capabilities, aimed towards technology demonstration missions on the International Space Station and the future Starlab commercial space station.ā - Pr Newswire
In my first article, I explained Palantirās immense opportunity to lead the commercialization of space:
Palantirās $140B Opportunity To Monopolise Space
This article has first been published on Darntons (@DartonsMedia). Palantir ( ) is increasing its influence in space, and this has been seen within recent times from the videos and initiatives shared around on social media. These hot-topics related to Palantir include: meta-constellation, Space Symposium and Edge AI.
Bapco signed a 3y deal with Palantir to deploy Foundry and AIP to maximize its return on investment on energy production and support its mission to connect the energy infrastructure of the Kingdom of Bahrain while reducing emissions. Bapco Energies is a semi-independent agency within the Ministry of Oil and Gas in Bahrain with +$10bn Assets.
āUsing data and artificial intelligence is a key part of the Kingdom of Bahrain's strategy to deliver on its commitment to reducing carbon emissions, to reduce emissions by 30 percent through decarbonization and efficiency initiatives by 2035, and double the Kingdomās deployment of renewables, to achieve Net-Zero by 2060.ā - Palantir press release
Sky-Watch, a Danish drone manufacturer specializing in Defense, signed a partnership with Palantir.
Palantir is awarded a $650mn notional contract with the US Government until 2029. Unfortunately, the (horrible) website doesnāt make it clear if Palantir is the sole winner or if the contract is to be split between other parties.
Time Magazine wrote a detailed article on Palantirās contribution to Ukraine, titled āHow Tech Giants Turned Ukraine Into an AI War Lab.ā In particular, the article highlights how Palantirās support goes beyond military support:
āMore than half a dozen Ukrainian agencies, including its Ministries of Defense, Economy, and Education, are using the companyās products." - Time Magazine
Palantir announced it will join the ~200 companies in the new US AI Safety Institute Consortium. ASIC is the latest manifestation of the Biden administration's consensus-driven approach toward AI regulation. This represents a tailwind for Palantir thanks to its access control and handoff functions already integrated into its products.
Palantir released a demo on how AIP can support a Football coach to make decisions in real time:
Do you still struggle to understand what Palantir does?
In my latest article, I explained it with simple words:
āļø Introducing Palantir Technologies (PLTR)
Editor: Emanuele Marabella After nearly two years and over 150 articles, I'm returning to the basics. In the early days of Palantir Bullets, the web was saturated with introductory pieces on Palantir ( ) , prompting me to delve directly into the financial intricacies. However, Palantir has undergone significant transformations, as has its pool of invesā¦
Palantir Bullets is free. If you wish to support my work, you could provide me with the caffeine I need to spot asymmetries.
Q4 highlights
Palantweets
Tweet of the week
Yours,
Arny
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Disclaimer: The views and opinions expressed above are current as of the date of this document and are subject to change without notice. Materials referenced above will be provided for educational purposes only. None of the above will include investment advice, a recommendation or an offer to sell, or a solicitation of an offer to buy, any securities or investment products
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