Gemini 3 Pro is maintaining its bullish stance on Palantir, projecting $0.25 EPS versus the $0.23 consensus with 92% confidence - among the highest conviction levels in current forecasts.
Key Findings
The model projects revenue of $1.43B, approximately $90M ahead of consensus, driven by what it terms a 'J-Curve' breakout in US Commercial. H2 2024 bootcamps are described as maturing into full-scale production contracts with 7-figure ARR floors.
Thesis
Gemini argues operating leverage has decoupled from revenue growth - while revenue jumps 21% QoQ, OpEx grows only 7%. The $7.2B+ cash pile generates approximately $70M in pure profit interest income, providing a floor regardless of operating performance.
What This Means
This aligns directionally with GPT's $0.24 estimate. AI models broadly see Palantir continuing its beat trajectory, though valuation risk at current multiples remains the key concern flagged by both.