Reported about 2 months ago
Palantir Technologies' stock has surged over 200% in the last five years and recently reported a record revenue of $678.1 million, marking a 27% year-over-year increase. Despite its impressive growth, the stock's high valuation and large share count may deter investors, as profits per share remain low. Though the company shows promising profitability and growth potential, its current stock price may not justify a purchase, suggesting that investors might find better opportunities elsewhere.
Source: YAHOO