Palantir Technologies Inc PLTR shares are down 11.4% to $109.62 this week, despite delivering solid first-quarter results and lifting its full-year outlook.

What To Know: The company reported first-quarter revenue of $883.86 million, topping analyst estimates of $862.83 million, with adjusted earnings of $0.13 per share matching expectations.

Revenue surged 39% year-over-year, led by a 55% jump in U.S. sales, including a 71% rise in U.S. commercial revenue. Customer count climbed 39% year-over-year, with 139 deals over $1 million closed in the quarter.

CEO Alex Karp highlighted growing enterprise adoption of Palantir's AI software, calling the company's progress "unparalleled." Management raised full-year revenue guidance to $3.89–$3.90 billion, up from $3.74–$3.76 billion.

Second-quarter revenue is forecast between $934 million and $938 million, also above estimates. Despite the upbeat forecast, investor sentiment turned negative this week, triggering a sharp sell-off.

Analysts remain mixed in sentiment. Wedbush sees Palantir as the "Messi of AI," raising its target to $140, while Goldman Sachs maintained a Neutral rating.

Palantir's expanding AI footprint and strong government ties remain key themes as it scales operations globally.

How To Buy PLTR Stock

Besides going to a brokerage platform to purchase a share — or fractional share — of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, with Palantir Technologies, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within the segment.

PLTR Price Action: According to data from Benzinga Pro, Palantir has a 52-week high of $125.41 and a 52-week low of $63.40. Shares closed Wednesday down 7.96% at $110.48.

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