Palantir Technologies Inc. has been one of our best-performing 5-year ideas. Despite a consistently high valuation, Palantir's strong revenue growth, profitability, and expanding customer base justify holding PLTR stock for the long run. U.S. Commercial and Government segments are driving robust growth, with impressive cash flow, margins, and a debt-free balance sheet supporting the investment thesis.
Victor Dergunov, The Financial Prophet, aggressively bought the April bottom, doubled down on Palantir, focused on high-quality tech stocks, and delivered strong returns. Bullish on 'MAG's, especially Tesla, Google, Amazon, and Meta, while more cautious on Microsoft, Apple, and chipmakers due to valuation and cyclicality.
Palantir Technologies Inc. has a compelling story that justifies its valuation. But that doesn't mean this can't change, as PLTR's high valuation is driven by a compelling narrative, amplified by retail investor influence and the viral power of social media. The company's mystique, charismatic CEO, and association with the AI revolution position it as a potential next "Mag 7" tech giant. Palantir's premium relies on continued rapid revenue growth, especially in AIP; any slowdown or rising competition could break the story.
Data software analytics stock Palantir Technologies Inc (NASDAQ:PLTR) is up 0.9% to trade at $149.86 at last check, after an upgrade at Mizuho to "neutral" from "underperform," and a price-target hike to $135 from $116.
A Mizuho analyst isn't ready to turn bullish just yet, but he abandoned his bearish call while writing that the company's “recent execution and momentum is stunning.”
It's been another spectacular past year for shares of Palantir (NASDAQ:PLTR), which are now up a mouth-watering 418%.
Shares of Palantir Technologies (NASDAQ:PLTR) gained 6.43% over the past five trading sessions, continuing a rally that has seen the stock rise 114.59% over the past six months.
In the wake of Palantir (NASDAQ: PLTR) hitting a new record high of $150, a Wall Street analyst at Mizuho sees further upside for the American software giant, though with caution.
I believe traditional value investors misunderstand Palantir, focusing too much on valuation while ignoring growth, narrative, and high beta market dynamics. I see Palantir as comparable to the Magnificent 7 in growth and trading volume, even though its market cap and revenue are much lower (for now). In my view, Palantir ranks second in the Mag 7 group on growth metrics, and it's quite competitive on margins when adjusting for SBC (especially the bump in Q4 2024).
Palantir Technologies Inc. NASDAQ: PLTR continues to defy expectations. As of midday trading on July 14, PLTR stock is trading at $147.
AI and PLTR are redefining enterprise AI with sharply different strategies. See how their visions for the future stack up.
Palantir's Q2 revenue is projected at $939.29 million, reflecting a 38.5% year-over-year increase with robust EPS revisions. Net Dollar Retention remains above 120%, demonstrating sticky client relationships and organic revenue expansion without extra sales costs. Strong operational leverage drives 53.74% year-over-year EPS growth and supports a free cash flow margin expected to surpass 40%.