Stock has a gigantic run and this is their earnings.......barely even beat... Joke Earnings per share: 13 cents adjusted vs. 13 cents expected Revenue: $884 million vs. $863 million expected
Did you buy it at $120 in Feb 2025? It dropped to 67!!! It must be a nightmare for you. Now it is back to $120 ie profit zero + countless nightmares.
Another meme stock like TSLA. It makes sense since it was backed originally by members of the PayPal Mafia (Lonsdale & Theil). If they ever miss earnings by a lot it will crash like TTD did a few quarters ago.
I don't own PLTR, I'm short PTIR .. You probably bought PLTR at exactly 67 and nearly doubled your money..... I noticed there are a few on here that know how to time the market to absolute perfection. ...
Imagine if they had missed. Would be an easy 25% drop... Lots of hype behind this stock. PE is extremely outrageous, but these days no cares about parabolic PE ratios....
Yet you ignore low P/E's as well. There are plenty of undervalued stocks in markets today. Some are outrageously cheap but macro events might be problematic ( until they aren't ).
But investors who want in on the action have to pay up, because while Palantir has joined the top tech ranks by market cap, it’s a far smaller company in terms of sales and profit. Salesforce , the cloud software company that it just leapfrogged, generated over 10 times more revenue than Palantir in the past year, and is expected to do so again over the next four quarters. That all means Palantir has multiples that are much higher than its large-cap tech peers. Palantir currently trades for 520 times trailing earnings, almost 200 times forward earnings, and 90 times revenue. https://www.cnbc.com/2025/05/08/pal...valuable-tech-companies-stock-at-premium.html