Long

Palantir - No resistances till $26-$27 đź‘Ť

-Palantir increased its full-year 2021 adjusted free cash flow outlook by 100% and is now projecting $300+ million while maintaining its 30%+ annual revenue growth through 2025.

-Palantir added 20 new customers in Q2 2021, its average revenue per customer increased 19% to $7.9 million, and average revenue per top 20 customers grew 36% to $39 million.

-Palantir ended Q2 2021 with $3.4 billion in total remaining deal value, which was an increase of 63% YoY.

-Palantir is being conservative, and based on its growth rates, will exceed $400 million in Q3 2021 revenue and produce another earnings beat.
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