Is Palantir Stock a Buy Right Now?

Palantir Technologies has delivered an 18-bagger return since going public six years ago, driven by its data-aggregation platforms Gotham and Foundry that serve government and commercial clients. The company turned profitable in 2023 and was added to the S&P 500 and Nasdaq-100 in 2024, with analysts projecting 59% revenue and 70% EPS growth through 2028. However, the stock trades at a premium 87x forward earnings, and rising interest rates could compress valuations. The author recommends waiting for improved macro conditions before buying.