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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 stock is up 35% this year, but Wall Street remains cautious. Analysts cite Palantir's high valuation as a big concern despite strong earnings. One analyst said Palantir will have a tough ...
Shares of Palantir Technologies (NYSE: PLTR) charged out of the gate on Monday, surging as much as 12.8%. As of 11:58 a.m. ET, the stock was still up 12.4%. ... and two new stock picks each month.
Palantir Technologies (NASDAQ: PLTR) stock continued its winning streak on Thursday, climbing as much as 7.9%. As of 3:23 p.m. ET, the stock was still up 7.9%. The artificial intelligence (AI ...
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 ...
Shares of Palantir Technologies (NASDAQ: PLTR) charged out of the gate on Tuesday, spiking as much as 27.7%. As of 10:59 a.m. ET, the stock was still up 25.4%. The catalyst that sent the ...