Reported 9 months ago
Palantir, a leader in AI software, has seen strong demand for its products with the launch of the Artificial Intelligence Platform (AIP), especially in the commercial market. However, the stock's high price-to-sales ratio and the expectation of achieving industry-leading profit margins have raised concerns. With the stock trading at 24 times sales, achieving the required growth to meet expectations may take years, making it a hesitant purchase for many investors despite the company's success.
Source: YAHOO