Palantir beats Q1 revenue and EPS estimates with 80% growth but shares stay flat due to valuation worries

Palantir Technologies reported strong Q1 results, with revenue growing over 80% year-over-year and earnings per share nearly 20% above analyst expectations. This performance outpaced many tech companies this earnings season, showing solid business momentum. Despite the impressive results, Palantir's stock did not rise significantly, as investors remain cautious about its high valuation. The analyst maintains a neutral view, acknowledging the company's growth but noting that the elevated valuation limits immediate upside potential.