Reported 3 months ago
Palantir Technologies has experienced significant success recently, with its stock rising 168% over the past year, largely due to its advancements in AI analytics and substantial contracts with the U.S. government. The company has transformed from a provider solely for military analytics to servicing big businesses, boasting impressive revenue growth of 175% since going public in 2020. However, concerns about its high valuation metrics and future growth expectations suggest that its stock price may not continue to rise dramatically over the next decade. Analysts warn that despite potential growth, Palantir's shares could face stagnation or decline in value.
Source: YAHOO