Reported 1 day ago
Wall Street analysts are becoming increasingly bearish on Palantir Technologies, with only five out of 20 recommending it as a buy. Despite impressive results driven by the AI boom, the company's high valuation, particularly its price-to-sales ratio soaring to 119, raises concerns about sustainability. Analysts suggest that this stock could face significant pullbacks if growth fails to meet expectations, making cautious investment decisions crucial.
Source: YAHOO