Palantir, with a P/E near 150, seems like poison to a value investor
Which of these AI-driven powerhouses is a better investment right now?
On its blowout earnings release, Palantir makes its case as the best AI stock.
The New York State Teachers' Retirement System initiated stakes in Palantir and Dell, and trimmed investments in Walmart and T-Mobile US in the third quarter.
Wall Street analysts' price targets show these two AI stocks making big moves in opposite directions.
Palantir has outperformed the S&P500 by +47.59% since my last 'Buy' rating on the stock. After Q3 FY24 results, I am retaining my bullish view. Palantir's AIP drastically improves enterprise productivity, making it essential for business survival in a winner-take-all AI economy, with mass adoption still far off. Strong execution with significant revenue and EBIT margin beats, coupled with robust remaining performance obligations, signals continued growth momentum in the short to medium term.
Palantir will stay on my watchlist, but the stock's future remains uncertain.
TheStreet Pro contributor Stephen ‘Sarge' Guilfoyle on why he believes Palantir's momentum will continue in 2025. Transcript: CONWAY GITTENS: Well, let's talk PLTR.
AppLovin has been a huge AI winner this year.
The artificial intelligence (AI) expert is profiting from the unrelenting demand for generative AI.
Palantir's customer base grew 71% from December 2022 to September 2024, reaching 629 customers, driven by strong commercial demand. Commercial customer growth surged 91.5% from Q4 2022 to Q3 2024, positioning Palantir to reduce reliance on government contracts. U.S. commercial customers saw 124.5% growth over the same period, highlighting Palantir's successful expansion in its domestic market.
Palatir's AI analytics platform is firing on all cylinders.