Added to YB: 2024-05-23
Pitch date: 2024-05-21
PLTR [bullish]
Palantir Technologies Inc.
+764.67%
current return
Author Info
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
$406.8B
Pitch Price
$21.23
Price Target
N/A
Dividend
N/A
EV/EBITDA
434.25
P/E
395.36
EV/Sales
102.85
Sector
Software
Category
growth
Palantir's Strategic Edge: Rising Contribution Margin and Market Impact
PLTR: Contribution margin 55% to 60% Q1 '23 to Q1 '24 signaling exponential financial improvement. Key leading indicator of profitability as it reflects lower deployment costs & better unit economics. Accelerating due to productization efforts like Build with AIP. 90%+ contribution margin in coming years would transform biz model, enable seamless deployment to dramatically increase customers per vertical. Changes how computation is sold, positions PLTR atop cloud compute funnel to boost FCF/share.
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