I last wrote about Palantir (NYSE:PLTR) in June, where I had initiated a “hold” rating due to valuation concerns. In August, the stock dropped to $21.23, down 15% from my price at publication.
In our opinion, Palantir is extremely overvalued at the current price. Our valuation model shows that the downside could be nearly 50%. We believe that Palantir is a STRONG SELL right now.
Palantir Technologies Inc. (NYSE: PLTR) is a major player in the space. The company was co-founded by entrepreneur and venture capitalist Peter Thiel, who was also the co-founder of PayPal and the ...
Palantir Technologies (NYSE: PLTR) has been on many investors' buy lists this year -- and that's helped the stock to soar about 75%. Investors have piled into the shares thanks to the company's ...
2024 has been a banner year for Palantir Technologies Inc. (NYSE:PLTR). It will soon be part of the S&P 500, a remarkable milestone for any company. Investors who were patient enough to ride the ...
Palantir stock is rising because it is going to be included in the S&P 500 soon. However, shareholders should focus on the business fundamentals and valuation. Today, the stock is very richly ...
Most analysts on Wall Street are neutral or bearish on Palantir. But one analyst calls the company "misunderstood," while rating it a buy. Palantir operates differently than other software ...
Though he is "not thrilled" with the direction the Democratic Party is taking, Palantir CEO Alex Karp says he will be "voting against Trump." Palantir CEO Alex Karp spoke at the AI competitiveness ...
Palantir Technologies’ (NYSE:PLTR) stock has been on a tear of late, recently surging more than 10% after the company surpassed analysts’ expectations with strong Q2 2024 results on August 5.
Palantir has surged over 70% year to date, driven by strong quarterly results and its leading position in the AI race. The company's commercial segment has shown exceptional growth, reducing its ...
It's been a good year for investors in Palantir Technologies (NYSE: PLTR). The defense contractor that focuses on software and artificial intelligence (AI) is up over 100% year to date and now has ...