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Added to YB: 2024-02-13

Pitch date: 2024-02-10

PLTR [bullish]

Palantir Technologies Inc.

+685.24%

current return

Author Info

No bio for this author

Company Info

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally.

Market Cap

$437.5B

Pitch Price

$23.91

Price Target

54.12 (-71%)

Dividend

N/A

EV/EBITDA

467.52

P/E

425.19

EV/Sales

110.73

Sector

Software

Category

growth

Show full summary:
Palantir: Potential 20%+ Annual Returns Outbalance 20% Downside Risk

$PLTR strong buy reiterated post-Q4 despite slight downside in fair price to $17.04 from $18.8; still expect $54.12 by 2029 w/ 20%+ annual returns. Q4 beat on EPS & rev driven by commercial. 4 main products tap into 18.77% CAGR Data Analytics mkt thru 2029. Risks: downturn, political, overestimation. Solid financials & AI growth = bullish.

Read full article (8 min)