Reported 19 days ago
Palantir Technologies has experienced tremendous growth in 2024, with its stock price quadrupling, but predictions suggest a significant drop in 2025 as its valuation appears overly inflated. Despite the company’s success in the AI sector, and solid revenue growth of 30%, the stock is now trading at an astronomical 64.5 times sales, a valuation that outstrips even high-performing companies like Nvidia. Analysts argue that the disconnect between the stock price and the business fundamentals indicates a potential crash in the upcoming year as investors may choose to cash in their profits.
Source: YAHOO