Reported 2 months ago
Palantir Technologies (NYSE: PLTR) has seen its stock surge after reporting accelerating revenue growth for the fourth consecutive quarter, with a year-over-year increase of 27%. The company raised its full-year revenue guidance, now projected between $2.742 billion and $2.750 billion, and adjusted operating income forecasts up to $974 million. With ongoing success in its AI platform and government contracts, investors wonder if it's still a good time to buy, despite the stock's current high valuation.
Source: YAHOO