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On Monday, Palantir Technologies Inc . (NYSE:NASDAQ:PLTR) disclosed the results of its 2025 annual meeting of stockholders, which took place on June 5, 2025. The meeting saw the election of directors and the ratification of the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. The company, now valued at $311.82 billion, has shown impressive performance with revenue reaching $3.11 billion and maintaining strong gross profit margins of 80%. According to InvestingPro data, 12 analysts have recently revised their earnings expectations upward for the upcoming period.
During the meeting, shareholders voted on two main proposals. The first was the election of directors, where each nominee was elected to serve until the next annual meeting or until their successor is elected and qualified. The directors elected are Alexander Karp, Stephen Cohen, Peter Thiel, Alexander Moore, Alexandra Schiff, Lauren Friedman Stat, and Eric Woersching.
The second proposal involved the ratification of Ernst & Young as Palantir’s independent registered public accounting firm for the current fiscal year. This proposal was also approved by the shareholders.
The voting rights were allocated based on the class of stock held by the shareholders. Class A common stockholders had one vote per share, Class B common stockholders had ten votes per share, and Class F common stockholders had approximately 1,250.449 votes per share on Proposal 1 and approximately 465.395 votes per share on Proposal 2.
Palantir Technologies, known for its specialized software and analytics, held the meeting in accordance with SEC regulations and the company’s commitment to transparency with its investors. The detailed voting results for each nominee and proposal were provided in the SEC filing, emphasizing the engagement and decision-making power of Palantir’s investor community.
This report is based on a press release statement and provides a summary of the key outcomes of Palantir Technologies Inc.’s annual meeting of stockholders. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading above its intrinsic value, with the stock price near its 52-week high of $135.28. Investors seeking deeper insights can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers, covering this and 1,400+ other top US stocks.
In other recent news, Palantir Technologies reported its first-quarter earnings for 2025, surpassing analyst expectations by 2.5%, driven by strong performance in the U.S. Commercial sector, which exceeded forecasts by 10%. Government revenue also outperformed, coming in 5% above predictions. However, international revenues fell short by 16%, highlighting challenges in Europe. In a strategic move, Palantir has partnered with TeleTracking Technologies to enhance healthcare decision-making through AI, aiming to optimize staffing workflows and improve patient outcomes. Additionally, Palantir has joined forces with Divergent Technologies to integrate advanced manufacturing systems into its platforms, offering on-demand production capabilities to defense and commercial clients.
In the realm of digital transformation, Ecuador has partnered with Palantir to combat illegal trade activities and boost economic revitalization through advanced data analysis. Analyst firms have also weighed in on Palantir’s prospects; Wedbush Securities maintained its Outperform rating with a $140 price target, citing the company’s alignment with government efficiency initiatives. Meanwhile, Cantor Fitzgerald raised its price target to $110, acknowledging Palantir’s earnings outperformance but maintaining a Neutral rating due to valuation concerns. These developments reflect Palantir’s ongoing efforts to expand its reach across various sectors and geographies.
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