Palantir Technologies stock (NASDAQ: PLTR) remains up by over 4x since the beginning of the year, trading at about $74 per share. However, we believe the stock is a high-risk trade at this juncture for a couple of reasons, including its high valuation (over 150x consensus FY'25 earnings), its heavy dependence on government sales, as well as considerable insider selling in the stock.
Palantir Technologies (PLTR) shares gained Thursday after the analytics software provider said it extended a contract with the U.S. Army that could be worth more than half a billion dollars.
Palantir (PLTR) obtained another government contract, this time with the U.S. Army that can be worth up to $619 million. Diane King Hall highlights the details and weighs if the the company's valuation is too high.
Because of his more than 40-year history on Wall Street, Stanley Druckenmiller is not some unknown investor, but the billionaire is not a household name in the way stock market legends Warren Buffett and Peter Lynch are.
Shares have more than quadrupled since the start of the year, bolstered by the frenzy around AI's potential.
The fourth quarter has been packed with important data releases. In November, investors received hundreds of earnings reports from Wall Street's most-influential businesses, the much-anticipated election results, and numerous economic data releases that offer clues as to the steps the nation's central bank might take next.
As one of the top technology performers in the market this year, no one can deny the extraordinary performance of big-data analytics specialist Palantir Technologies Inc PLTR. Since the beginning of this year, PLTR stock gained almost 350%.
When you're thinking of a stock to bet your future on, where are you putting your money? Former NYSE trader and portfolio manager Stephen 'Sarge' Guilfoyle' has been talking about Palantir for quite some time, and that hasn't changed.
Today's Options Corner turns to unusual activity across A.I., ecommerce and internet stocks.
Palantir Technologies Inc PLTR stock surged an eye-popping 350% year-to-date.
Palantir (PLTR) had a monstrous year on the market. The rising star in A.I.
Red Cat Holdings has surged 1,000% YTD, driven by optimism and military-grade drone progress, despite missing Q2 earnings expectations with a -$0.18 EPS and $1.53M revenue. The partnership with Palantir for AI-driven navigation and the U.S. Army's SRR contract present significant growth opportunities, albeit with high execution risks. Financial health is concerning with negative margins, high cash burn, and limited liquidity, necessitating flawless execution to avoid further funding needs or shareholder dilution.