Reported about 15 hours ago
Palantir Technologies has emerged as a leading player in the AI software market, showing impressive revenue growth of nearly 50% last quarter. However, its stock is currently overpriced at 135 times sales, indicating that significant future growth is already reflected in its high valuation. If the company manages to sustain a growth rate of around 50% and achieves substantial profit margins, its stock price could see a decline to around $86.30 in three years, despite projected revenue increases. Investors are advised to consider alternative AI investments due to the potential for Palantir's stock to underperform market expectations.
Source: YAHOO