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Palantir's market cap is now approaching $150 billion, and its price-to-sales ratio is up to 52.8. Based on conventional metrics, the stock does look overvalued.
In response, Palantir's stock rallied another 24% on Tuesday, surpassing $100 per share and reaching a market cap around $236.5 billion. The stock is now up over 500% over the past year, cementing ...
In fact, it rose by as much as 24.1% and hit a new all-time high. As of 1:51 p.m. ET, the stock was still up by 22.2% for the day. After a jump of that magnitude, some investors may wonder if it's ...
Palantir also expects U.S. commercial revenue to increase 54%, up from expectations of 50% issued just last quarter. To be clear, the stock is currently selling for 192 times next year's expected ...
Today, Palantir's market cap of $167 billion seems wildly out of line with what it can earn in the future, even in the most bullish of scenarios. For this reason, investors should avoid buying ...
As of 3:23 p.m. ET, the stock was still up 7.9%. The artificial intelligence (AI) software and data mining specialist continued a trend that began earlier this week when the company reported ...
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Palantir easily beat estimates in its third-quarter earnings report.