Reported about 1 month ago
Palantir Technologies' stock has skyrocketed 162% this year, driven by AI enthusiasm and geopolitical tensions. While the company shows strong operational momentum with significant growth in revenue, particularly from private sector clients, its valuation raises concerns, trading at a forward price-to-earnings ratio of 100, well above the S&P 500 average. Investors are advised to carefully assess the stock's potential before deciding to buy.
Source: YAHOO