🛒 Q4 in the Cart | Palantir Bullets #63
Coles partnership, Analysts SELL, Q4 expectations
Hi, I’m Arny. Please hit the ❤️ button if you enjoy today’s article.
Editor: Emanuele Marabella.
Last week:
Coles, a leading Australian grocery chain with ~$25bn Revenue and ~120,000 employees, signed a 3-year partnership with Palantir to deploy Foundry and AIP across its 840 supermarkets to enhance its end-to-end workforce strategy and integrated supply chain functions. Is the partnership with Palantir the result of a failed collaboration with Microsoft?
Analysts are “incrementally cautious” about Palantir's Q4 results. In particular, Citibank’s analyst Tyler Radke confirmed his Sell rating to $10. According to the analyst, Palantir was a Sell also at $6…
Jefferies’s analyst Brent Thill is also concerned and reiterated his Sell rating. I am not sure how reliable these ratings are. Welcome to Wall Street!
Palantir will release its Q4 earnings results tomorrow after market close.
How will the results be?
Amit, Vince, Matt, Dom, Emir and I discussed it at Palantir Weekly:
Ps: I will join Amit on his channel (subscribe!) for the live stream of the results.
In the post below, I summarized the disclosed deals of the quarter.
✍️ Palantir Q4 Deals Summary
Editor: Emanuele Marabella. recent contractual activity was intense. Here are the contracts you need to know before the Q4 results (Monday): £330mn NHS Federated Data Platform award; $250mn contract with the Army for JADC2; $115mn US Army Vantage extension;
Palantweet
Tweet of the week
Yours,
Arny
Reach me:
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
great detailed take, thank you!