◆ NeutralPLTR

Palantir Stock Investors Just Got Good News From CEO Alex Karp. Wall Street Says It's Time to Buy.

The Motley Fool·
Palantir Stock Investors Just Got Good News From CEO Alex Karp. Wall Street Says It's Time to Buy.

Palantir Technologies reported strong Q2 results with 93% revenue growth and achieved a Rule of 40 score of 155%. CEO Alex Karp stated the company can maintain its growth and margins for another 18 months, driven by demand for sovereign AI. While Wall Street analysts have a median 12-month price target of $205 (18% upside), the stock trades at an expensive 144x P/E ratio. The analyst recommends cautious entry, limiting positions to 1% of portfolio.

Read Full Article at The Motley Fool
← Back to Financial Intelligence