# Palantir delivers again

By Matt Britzman — 2026-05-05

Matt Britzman, senior equity analyst at Hargreaves Lansdown, said: “Palantir delivered another strong quarter, with demand for its AI platform continuing to accelerate across both commercial customers and government agencies.

“The key point is that this growth is not just about companies testing AI in small pockets – Palantir is increasingly being used in real-world operations, where the stakes are high, and customers need AI to deliver clear, measurable results.

“Management struck a very confident tone, pointing to strong US demand, expanding customer commitments and a sharp uplift in full-year guidance.

“That all supports the idea that Palantir has become one of the clearest ways to play the shift from AI hype to implementation.

“The commercial business was a real highlight, but also where questions arose.

“US Commercial growth remains exceptionally strong, and the reported figure (which technically missed consensus) understated the momentum after one customer was shifted into the government segment.

“Palantir’s pitch leans on the notion that AI models on their own are not enough, businesses need a platform that can plug AI into day-to-day decisions without creating costly mistakes.

“That message is clearly landing, but the valuation, while looking more reasonable than at points last year, still leaves little room for anything except perfection.

“Palantir looks to be one of the best pure plays on applied AI, but investors need to recognise that expectations are already very high.”

Canonical: https://experts.pressassociation.com/expert/71/views/5ab08b663ce60b73