狂飆後急剎車?美股18倍AI大牛股業績超預期,股價盤後卻大跌
週一盤後,美股AI大牛股Palantir Technologies大跌9.25%,主要系其業績未能達到投資者的最高預期。

業績略高於預期
今年一季度,Palantir實現營收8.84億美元,同比增長39%,分析師預期爲8.628億美元;扣除部分項目後的每股收益爲13美分,與預期一致。

本季度,Palantir在美國面向商業客戶的銷售額增長了71%,達到2.55億美元。
面向美國政府的銷售額增長了45%,達到3.73億美元,略超分析師平均預期的3.58億美元。
儘管有人擔心,在政府效率部試圖削減聯邦政府的就業崗位和支出之際,Palantir等企業有可能受到影響,但公司管理層表示,公司處於有利地位,有望從效率提升中獲益。
展望二季度和全年,Palantir預計,2025財年營收將在38.9億美元-39億美元,高於此前預測的37.4億美元-37.6億美元,而分析師平均預期爲37.5億美元。第二季度營收將在9.34億美元-9.38億美元。
Palantir首席財務官David Glazer稱,Palantir立志成爲“全球最重要的軟件公司”。今年約39億美元的營收預期表明公司規模正在擴大,但“還有很長的路要走”。
投資者期待太高
Palantir是AI崛起過程中產生的大牛股,以與美國軍方和情報機構的合作而聞名,同時還向政府和商業客戶銷售其數據分析工具。
因投資者大舉押注其能夠從大規模AI部署和政府增加國防相關技術支出中受益,Palantir的股價自2023年以來累計漲超18倍,今年以來累計上漲超過63%。
近期,Palantir的股價已超過預期收益的200倍,成爲納斯達克100指數成分股中市盈率最高的公司。

飆漲的股價也意味着,投資者對Palantir有着非常高的期待。
對此,Running Point Capital首席投資官Michael Ashley Schulman指出:“投資者期待的是精彩的業績,而不僅僅是業績,或許是10倍的增長預期。”
D.A. Davidson分析師Gil Luria表示:“唯一高於報告結果的只有預期,這就是股價下跌的原因,投資者的預期甚至更高。”
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