Palantir's strong growth faces higher expectations; analysts flag valuation and booking concerns

[Palantir Technologies] hapabapa Palantir Technologies (PLTR [https://seekingalpha.com/symbol/PLTR]) shares fell about 6% in premarket trading on Tuesday despite the data analytics software company reporting rapid quarterly growth, as analysts pointed to elevated expectations for its U.S. commercial business and concerns about slowing bookings. "Impressive as it was to see rev growth accelerate for the 13th qtr in a row, PLTR is entering a new phase of growth powered by the sovereign AI / open-weight model movement," analysts at Morgan Stanley said.