Should you buy Palantir stock? (May 2024)

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Palantir stock analysis. Ticker: $PLTR

Palantir just reported earnings and the stock dropped about 14%. At the latest share price, the company has a market cap of 51.4 billion dollars. With 3.9 billion of cash and investments and no debt the enterprise value is just under 48 billion.

Revenue over the last 12 months is 2.3 billion with 300 million of net income and 640 million of free cash flow. So Palantir stock is currently valued at 20 times revenue, 173 times earnings and 74 times free cash flow.

Since Palantir went public its had its fair share of critics. Bears initially argued that Palantir was more of a consulting firm than a software company. But Palantir quickly disproved that thesis by growing its gross margins well past 80%.

Next, Palantir was accused of being too reliant on government customers which would hit a natural ceiling in the US. And more lately, critics have argued that Palantir is not a real AI company.

But once again, Palantir has proven its critics wrong. Commercial revenue growth in the latest quarter accelerated to 40% and the company added 41 new customers. Full year guidance was raised to incorporate a 45% increase in commercial revenue.

#palantirstock #stockstobuy #investing #3mb
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Are you familiar with their products? AIP/ foundry pipeline builder, yes SAAS is hard but this one requires a little knowledge of product potential nothing is warranted but AIP is now open to anyone in Canada and USA

livangooday
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would love to enter this stock at $12. I hope to soon

PDS_
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How do you choose growth estimate models? Sometimes you use dcf, sometimes earnings multiple?

Ozzi
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Now Palantir is 30$ a share, almost 50% up😅

mihail
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What do you think of BLDR? It drop 18% two days ago?

axonyxx
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Great breakdown! what do you think should be the optimal value of the stock? I got in at $22 but already struggling seeing a bearish downward trend.

martinregular
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Please make an updated 3 Minute ALIBABA video

WaldemarvanWyk
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good content. could you explore Nintendo please?

laughandgrowfat